Evolving Market Trends In The Multiplex PCR Assays Industry: Next-Gen qPCR Systems Boost Multiplex PCR Assays With Advanced Automation

The Multiplex PCR Assays Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Multiplex PCR Assays Market Size During the Forecast Period?
The multiplex PCR assays market has seen rapid expansion in recent years. It is forecasted to grow from $1.51 billion in 2024 to $1.72 billion in 2025 at a compound annual growth rate (CAGR) of 13.6%. Historical growth drivers include a rise in infectious disease cases, greater government support and funding, broader clinical diagnostics adoption, increasing genetic testing and personalized medicine, growing use in academic and research settings, advances in bioinformatics tools, and rising healthcare spending.

The multiplex PCR assays market is projected to experience rapid growth, reaching $2.83 billion in 2029 with a CAGR of 13.4%. This growth is driven by the expansion of application areas, the rising demand for point-of-care diagnostics, growth in personalized medicine, increased research and development spending, rising health awareness, and the demand for rapid and reliable diagnostic tests. Key trends include the integration of next-generation sequencing (NGS), companion diagnostics, digital PCR technology, automation, high-throughput systems, point-of-care devices, and the use of artificial intelligence.

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What Are the High-Growth Segments in the Multiplex PCR Assays Market?
The multiplex pcr assays market covered in this report is segmented -

1) By Assay Type: Planar Assay, Bead Based Assay
2) By Product And Services: Consumables, Instruments, Software And Services
3) By Application: Disease Diagnosis, Research And Development, Other Applications
4) By End User: Biopharmaceutical Companies, Clinical Research Organizations, Academic Research Institutes, Diagnostic Centers, Other End Users

Subsegments:
1) By Planar Assay: Microarray-Based Assays, Dna Chip-Based Assays
2) By Bead Based Assay: Luminex Xmap Assays, Magpix Assays, Flow Cytometry-Based Bead Assays

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What Key Drivers Are Expected to Influence Future Multiplex PCR Assays Market Growth?
The rising need for diagnostic testing is projected to support the expansion of the multiplex PCR assay market in the coming years. Diagnostic testing refers to methods used to detect the presence or absence of diseases or conditions in individuals. The increased demand stems from the growing prevalence of chronic illnesses such as cancer and diabetes, which require timely and precise diagnoses for proper treatment. Additionally, an emphasis on preventive healthcare is encouraging regular check-ups to identify issues at an early stage. Multiplex PCR assays enhance diagnostic processes by enabling the simultaneous identification of multiple pathogens or genetic indicators from one sample, improving speed and diagnostic scope. For example, in July 2024, the National Health Service (NHS), a healthcare provider based in the U.K., reported that diagnostic activity surpassed pre-pandemic levels in 2023, with a 21% rise in the number of tests conducted in May 2024 compared to the same month the previous year. Furthermore, 2.4 million diagnostic tests were conducted in May 2024. Hence, the growing demand for diagnostic testing is driving the multiplex PCR assay market.

Which Companies Hold the Largest Share Across Different Multiplex PCR Assays Market Segments?
Major companies operating in the multiplex PCR assays market are F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, Abbott Laboratories, Danaher Corporation, Merck KGaA, Siemens Healthineers, Becton Dickinson and Company, Agilent Technologies Inc, PerkinElmer Inc, Illumina Inc, Sysmex Corporation, Bio-Rad Laboratories Inc, QIAGEN NV, Tecan Group Ltd, DiaSorin SpA, Bio-Techne Corporation, Promega Corporation, Randox Laboratories Ltd, BioFire Diagnostics Inc, Seegene Inc, Quanterix Corporation, NanoString Technologies, Standard BioTools Inc, Enzo Biochem Inc, SeraCare Life Sciences Inc, Agena Bioscience, Fluidigm Corporation

What Trends Are Driving Growth in The Multiplex PCR Assays Market?
Major companies in the multiplex PCR assays market are incorporating automation in next-generation qPCR systems for improved diagnostics. In November 2023, Roche Diagnostics Corporation, a Switzerland-based diagnostics firm, launched the LightCycler PRO System. This qPCR system enables accurate, simultaneous detection of multiple targets and is compatible with over 200 LightMix Modular and 60 CE-IVD assays, enhancing clinical and public health diagnostics.

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What Are the Emerging Geographies for The Multiplex PCR Assays Market Growth?
North America was the largest region in the multiplex PCR assays market in 2024. The regions covered in the multiplex PCR assays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Multiplex PCR Assays Market?
2. What is the CAGR expected in the Multiplex PCR Assays Market?
3. What Are the Key Innovations Transforming the Multiplex PCR Assays Industry?
4. Which Region Is Leading the Multiplex PCR Assays Market?

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