Multiplex Assays Market to Observe Prominent CAGR of 7.13% by 2031, Size, Share, Trends, Demand, Growth, Challenges 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.

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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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), Seegene (South Korea), Promega Corporation (U.S.), Siemens (Germany), PerkinElmer, Inc. (U.S.), Shimadzu Corporation (Japan)

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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