Press release
The Future of Diagnostics: Advancements in Multiplex Biomarker Imaging
The Business Research Company recently released a comprehensive report on the Global Multiplex Biomarker Imaging Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, the multiplex biomarker imaging market size has grown rapidly in recent years. It will grow from $0.44 billion in 2023 to $0.49 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. the growth in the historic period can be attributed to the high incidence of cancer, the need for precise diagnostic tools, the growing prevalence of chronic diseases, the increase in the aging population, and the shift towards personalized medicine.
the multiplex biomarker imaging market size is expected to see rapid growth in the next few years. It will grow to $0.74 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. the growth in the forecast period can be attributed to increasing emphasis on personalized medicine, increased research and development activities, increasing clinical trials, the need for high throughput screening methods in drug discovery, and supportive regulatory frameworks and guidelines. Major trends in the forecast period include technological advancements, innovations in imaging technologies, advances in digital pathology, developments in data analysis and imaging software, and integration of AI and machine learning with imaging technologies.
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Market Drivers and Trends:
The growing number of obese people is expected to propel the growth of the narcolepsy market going forward. Obesity is a medical condition characterized by an excessive accumulation of body fat, which poses a health risk. The number of obese people is rising due to increasingly sedentary lifestyles, poor dietary habits, and environmental factors that promote calorie-dense food consumption and reduce physical activity. Obesity can contribute to narcolepsy by disrupting metabolic and hormonal balances, potentially leading to changes in sleep patterns and the regulation of wakefulness. For instance, in March 2022, according to the World Health Organization, a Switzerland-based specialized United Nations agency responsible for worldwide public health, around 1 billion individuals, comprising 650 million adults, 340 million teenagers, and 39 million children, were classified as obese, with this figure continuing to rise. Projections indicate that by 2025, approximately 167 million adults and children will suffer health consequences due to excess weight. Therefore, the growing number of obese people is driving the growth of the narcolepsy market.
Major companies operating in the multiplex biomarker imaging market are focusing on providing innovative slides, such as automated slide loaders, to provide advanced imaging solutions and better serve customers. Automated slide loaders streamline sample handling, reducing hands-on time and enhancing throughput, which is crucial for high-volume multiplex biomarker imaging experiments. For instance, in April 2024, Standard BioTools Inc., a US-based provider of analytical systems and instruments, launched a Hyperion XTi Imaging System with a new high-throughput multiplexed whole slide to add automation and flexibility. It has three modes for rapid analysis, including preview, tissue, and cell modes. Researchers can visualize tissue heterogeneity quickly and conduct deeper analysis. This novel whole slide imaging method using imaging mass cytometry (IMC) offers up to 10 times higher throughput than cyclic immunofluorescent imaging. Additionally, a new automated slide loader facilitates high-throughput imaging, reducing hands-on time and enabling standardization. These innovations aimed to accelerate breakthroughs in spatial proteomics, providing reliable insights into health and disease.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Major companies operating in the multiplex biomarker imaging market are focusing on providing innovative slides, such as automated slide loaders, to provide advanced imaging solutions and better serve customers. Automated slide loaders streamline sample handling, reducing hands-on time and enhancing throughput, which is crucial for high-volume multiplex biomarker imaging experiments. For instance, in April 2024, Standard BioTools Inc., a US-based provider of analytical systems and instruments, launched a Hyperion XTi Imaging System with a new high-throughput multiplexed whole slide to add automation and flexibility. It has three modes for rapid analysis, including preview, tissue, and cell modes. Researchers can visualize tissue heterogeneity quickly and conduct deeper analysis. This novel whole slide imaging method using imaging mass cytometry (IMC) offers up to 10 times higher throughput than cyclic immunofluorescent imaging. Additionally, a new automated slide loader facilitates high-throughput imaging, reducing hands-on time and enabling standardization. These innovations aimed to accelerate breakthroughs in spatial proteomics, providing reliable insights into health and disease.
Multiplex Biomarker Imaging Market 2024 Key Insights:
• The multiplex biomarker imaging market size is expected to grow to$0.74 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.
• Rising Chronic Disease Prevalence Surge Multiplex Biomarker Imaging Market
• Development Of Extended-Release Medications In The Narcolepsy Market
• North America was the largest region in the multiplex biomarker imaging market in 2023
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