openPR Logo
Press release

Multiplex Assay Market Industry Analysis, Trend and Growth, 2017-2027

10-16-2017 01:45 PM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Multiplex Assay Market Industry Analysis, Trend and Growth,

An assay which simultaneously measures multiple analytes in a single cycle of the assay is known as a multiplex assay. Within a given application area of technology, multiplex assays can further stratify the analytes which are measured per assay. The term multiplex refers to the highest number of analyte measurement per assay. Detection of the state of all biomolecules of a given class (i.e. proteins and mRNAs) within a biological sample is the function of multiples assays in functional genomics where they are widely used to determine the effect of an experimental treatment. Multiplex assays are of two types namely, planar assay and bead-based assay. Planar microarrays, such as protein microarrays are characterised by ligands immobilised onto the plane surface in microspots onto a two-dimensional grid. Some of the commercially available planar microarrays are ImmunoCAPR ISAC. Bead-based assays also called as suspension or liquid array ligands are immobilised onto a microsphere called bead and captured analytes are detected using flow cytometric methods. Some of the examples of bead-based assay products are QUANTA Plex. Some of the multiplex techniques are DNA microarray, SAGE, multiplex PCR, and DNA sequencing by ligation.

Get Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3151

Global Multiplex Assay Market: Drivers

Technological advancement is one of the driving factors for the global multiplex assay market. The rapid development of nanosciences has taken this to next level of nanoarray, which represents a ultra-miniaturized version of the conventional microarray. Development of highly dense nanoarray technology has made the drug screening process more rapid and time effective. Increasing awareness about multifactorial nature of various diseases and pathological conditions such as cancer and Alzheimer’s disease etc. created a requirement for simultaneous, cost-effective and time-saving measurement of multiple analytes in a single sample. This particular factor is creating a positive impact on global multiplex assay market. Research and development in life sciences are prominently dependent on government funding and research grants. Formation of policies and provision of subsidy by various governments encourages research and development activities in global multiplex assay market, which ultimately creates robust growth in global multiplex assay market. Implementation of biomarkers in drug development is capital and time intensive. In many complex diseases, analysis of changes in multiple biomarkers is necessary to understand the effect of a drug. In this aspect, multiplex assays provide the solution to various challenges such as increased workload due to multiple collections and cost of detection which is boosting the growth of the overall market.

Global Multiplex Assay Market: Restraints

Multiplex assays cannot be used off-the-shelf for any new application and must be optimised to demonstrate safety and performance before being applied to any clinical sample. This requires considerable time and initial investment. Thus the development of the multiplex assay for clinical use is a cumbersome process that involves feasibility study to produce an assay with optimised parameters for every component analyte on the panel and evaluation of test system suitability. This factor is hampering the development of the global multiplex assay market. Apart from this, reproducibility crisis and complex clinical trial procedures for multiplex assay products are limiting the growth of the global market. The non-magnetic multiplex assay is more laborious to run which hindrances the growth of the global multiplex assay market.

View TOC for this Market Report @ https://www.futuremarketinsights.com/toc/rep-gb-3151

Global Multiplex Assay Market: Key Regions

North America will continue to dominate the global market partly due to high research and development capability. While life science research and development activities in several ASEAN countries such as Malaysia would drive the growth of APAC multiplex assay market. Latin America multiplex assay market is expected to expand at below average CAGR owing to low penetration of multiplexing technology in the region.

Global Multiplex Assay Market: Key Market Players

QIAGEN N.V, Thermo Fisher Scientific, Inc., Luminex Corporation, Bio-Rad Laboratories, Inc and Illumina, Inc. are some of the key market players globally.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Multiplex Assay Market Industry Analysis, Trend and Growth, 2017-2027 here

News-ID: 775195 • Views: 189

More Releases from Transparency Market Research

Paperboard Packaging Market Compelling Long-Term Growth Story for the forecast y …
The growth of paperboard packaging market is witnessing steady growth of sales from growing utilization of this versatile material in multiple end-use industries. Revenues in paper and paperboard food packaging have grown remarkably on the back of the need for sturdy, lightweight, and printable-friendly packaging materials. The global paperboard packaging market is projected to reach valuation of US$ 299.4 Mn by 2031. Access Complete Report of Paperboard Packaging Market @ https://www.transparencymarketresearch.com/paperboard-market.html Enormous
On-the-Go Breakfast Packaging Market Size, Business Revenue Forecast, Leading Co …
Transparency Market Research (TMR) provides key valuable insights into the on-the-go breakfast packaging market in its published report, which incorporates global industry analysis, size, share, growth, opportunities, trends, and forecast for 2021-2029. In terms of revenue, the global market is anticipated to expand 1.6 times of current market value by the end of 2029, due to increasing demand for flexible packaging across several countries, about which TMR offers detailed insights
Interleaving Papers Market Industry Growth Situation and Prospects Research 2028
Smooth or fine surface finish not only adds to the aesthetics of a product but also enables the product manufacturer to claim for a higher price and still achieve consumer satisfaction. To make very fine surface finish, high investment on processing machinery is required. Further, this finish can be easily deteriorated by physical shocks experienced during transportation or handling of the product in bulk. Thus, interleaving papers play a crucial
Lamination Films Market Key Players and Production Information analysis with For …
Transparency Market Research (TMR) provides key valuable insights into the lamination films market in its published report, which incorporate global industry analysis, size, share, growth, opportunities, trends, and forecast for 2021-2029. In terms of revenue, the global market is anticipated to expand 1.6 times of current market value, by the end of 2029, considering to increasing demand for flexible packaging across several countries, about which TMR offers detailed insights and

All 5 Releases


More Releases for Multiplex

Multiplex Assay Market Regulations and Competitive Landscape Outlook to 2027
An assay which simultaneously measures multiple analytes in a single cycle of the assay is known as a multiplex assay. Within a given application area of technology, multiplex assays can further stratify the analytes which are measured per assay. The term multiplex refers to the highest number of analyte measurement per assay. Detection of the state of all biomolecules of a given class (i.e. proteins and mRNAs) within a
Multiplex Assays Market Malleable Strategies in 2025
Multiplex Assays Market: Snapshot The global market for multiplex assays has been displaying an upward movement in its valuation over the last few years. The significant surge in the need for efficient analytical platforms in R&D to reduce the operational cost is boosting the demand for multiple assays across the world. Apart from this, the rising uptake of companion diagnostics to increase the efficacy of therapies and the growing awareness about
Multiplex Assay Market : Opportunities, Demand and Forecasts, 2017 - 2027
An assay which simultaneously measures multiple analytes in a single cycle of the assay is known as a multiplex assay. Within a given application area of technology, multiplex assays can further stratify the analytes which are measured per assay. The term multiplex refers to the highest number of analyte measurement per assay. Detection of the state of all biomolecules of a given class (i.e. proteins and mRNAs) within a
Multiplex Assays Market - Niche Opportunities For Clients & Forecast 2017 - 2025
Multiplex Assays Market: Snapshot The global market for multiplex assays has been displaying an upward movement in its valuation over the last few years. The significant surge in the need for efficient analytical platforms in R&D to reduce the operational cost is boosting the demand for multiple assays across the world. Apart from this, the rising uptake of companion diagnostics to increase the efficacy of therapies and the growing awareness about
Multiplex Assays Market Value Projected to Expand by 2025
Multiplex Assays Market: Snapshot The global market for multiplex assays has been displaying an upward movement in its valuation over the last few years. The significant surge in the need for efficient analytical platforms in R&D to reduce the operational cost is boosting the demand for multiple assays across the world. Apart from this, the rising uptake of companion diagnostics to increase the efficacy of therapies and the growing awareness about
Multiplex Biomarker Imaging Market Outlook Report 2027
The global multiplex biomarker imaging market is estimated to be valued at US$ 270 Mn in the year 2017 and is estimated to touch a value of US$ 843 Mn in the year 2027, exhibiting a CAGR of 12% during the period of assessment (2017-2027). Request for TOC @ https://www.futuremarketinsights.com/reports/multiplex-biomarker-imaging-market/toc Increased spending on cancer diagnostic and monitoring Growing incidence of cancer is resulting in increased spending by governments in various countries globally. Complications arising