Multiplex Assays Market to Exhibit a Remarkable CAGR of 7.13% by 2031, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyzes that the global multiplex assays market which was USD 3.44 billion in 2023, would reach up to USD 5.97 billion by 2031, and is expected to undergo a CAGR of 7.13% during the forecast period. The "protein multiplex assays" dominate the application segment of the market due to the increasing focus on proteomics studies for biomarker research and clinical diagnostics. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition:

Multiplex assays are a procedure wherein the analytes are profiled separately. Analytes such as proteins, biomolecules, growth factors, cytokines, and chemokines are used to amplify multiple targets in a polymerase chain reaction (PCR). The multiplex assays are widely used in pathogen identification, gene detection analysis, and others.

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Some of the major players operating in the multiplex assays market are:
• Luminex Corporation (U.S.)
• Thermo Fisher Scientific Inc. (U.S.)
• Illumina, Inc (U.S.)
• Bio-Rad Laboratories, Inc. (U.S.)
• QIAGEN (Netherlands)
• Abcam plc (U.K.)
• BD (U.S.)
• Merck KGaA (Germany)
• Agilent Technologies, Inc. (U.S.)
• Meso Scale Diagnostics (U.S.)
• Randox Laboratories (U.K.)
• Quanterix (U.S.)
• Bio-Techne Corporation (U.S.)
• Olink (Sweden)
• DiaSorin S.p.A. (Italy)

Competitive Landscape and Global Multiplex Assays Market Share Analysis:

The multiplex assays market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to multiplex assays market.

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