Multiplex Assay Market: Trends, Forecast and Competitive Analysis

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The future of the multiplex assays market looks promising with opportunities in applications, such as research and development, diagnos, pharma & biotech, reference laboratories, and hospitals. The global multiplex assay market is expected to grow with a CAGR of 7%-8% from 2020 to 2025. The major drivers for this market are adoption of companion diagnostics for increasing safety & efficacy of therapies and the advantages of multiplex assays over conventional singleplex assays.

Emerging trends, which have a direct impact on the dynamics of the industry, include development of new generation of reagents providing comprehensive and robust profiling of bacterial and fungal communities.

A total of XX figures / charts and XX tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global multiplex assay market market report, please download the report brochure.

In this market, consumables is the largest product segment of multiplex assay, whereas development of pharma & biotechnology is the largest application. Growth in various segments of the multiplex assay market are given below:

The study includes trends and forecast for the global multiplex assay market by product, type, technology, application, end user, and region as follows:

By Product [Value ($ Million) shipment analysis for 2014 – 2025]:

Consumables
Instruments

By Type [Value ($ Million) shipment analysis for 2014 – 2025]:

Nucleic Acid
Protein
Cell

By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:

Flow Cytometry
Luminescence

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:

Research and Development
Diagnosis
Pharma & Biotech, Reference Laboratories, and Hospitals

By End User [Value ($ Million) shipment analysis for 2014 – 2025]:

Pharma & Biotech
Reference Laboratories
Hospitals

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

North America
United States
Canada
Mexico
Europe
United Kingdom
Spain
Germany
France
Asia Pacific
China
India
Japan
The Rest of the World
Brazil

Some of the multiplex assay companies profiled in this report include Abbott Laboratories, Hoffmann-La Roche, Siemens Healthineers, Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories, Biomérieux, Bühlmann Laboratories, Sekisui Medical, and Randox Laboratories.

Lucintel forecasts that consumables will remain the largest product segment over the forecast period owing to the requirement of repeat purchase of kits and reagents, coupled with the increasing number of immunoassay tests being performed across the globe as a result of the rising incidence of chronic and infectious diseases.

Within this market, hospitals will remain the largest end user segment over the forecast period due to the fact that most diagnostic tests are performed in hospitals or hospital attached laboratories, as they have the appropriate equipment as well as skilled staff to deliver clinically meaningful interpretations from therapeutic drug monitoring (TDM) assays.

North America will remain the largest region over the forecast period due to increasing per capita healthcare expenditure and the presence of technologically advanced healthcare infrastructure in the region.

Features of the Global Multiplex Assay Market

Market Size Estimates: Global multiplex assay market size estimation in terms of value ($M) shipment.
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
Segmentation Analysis: Global multiplex assay market size by various segments, such as product, type, technology, application, end user in terms of value.
Regional Analysis: Global multiplex assay market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, type, technology, application, end user, and region for the global multiplex assay market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global multiplex assay market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global multiplex assay market by product (consumables and instruments), type (nucleic acid, protein, and cell), technology (flow cytometry and luminescence), application (research and development, diagnosis, and pharma & biotech, reference laboratories, and hospitals), end user (pharma & biotech, reference laboratories, and hospitals), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global multiplex assay market?
Q.5 What are the business risks and threats to the global multiplex assay market?
Q.6 What are the emerging trends in this multiplex assay market and the reasons behind them?
Q.7 What are some changing demands of customers in this multiplex assay market?
Q.8 What are the new developments in this multiplex assay market? Which companies are leading these developments?
Q.9 Who are the major players in this multiplex assay market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this multiplex assay market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global multiplex assay market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	More than 150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Product (Consumables and Instruments), Type (Nucleic Acid, Protein, and Cell), Technology (Flow Cytometry and Luminescence), Application (Research and Development and Diagnosis), and End User (Pharma & Biotech, Reference Laboratory, and Hospital)
Regional Scope	North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)
Customization	10% Customization without Any Additional Cost

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Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Multiplex Assay Market Trends and Forecast

3.3: Global Multiplex Assay Market by Product

3.3.1: Consumables

3.3.2: Instruments

3.4: Global Multiplex Assay Market by Type

3.4.1: Nucleic Acid

3.4.2: Protein

3.4.3: Cell

3.5: Global Multiplex Assay Market by Technology

3.5.1: Flow Cytometry

3.5.2: Luminescence

3.6: Global Multiplex Assay Market by Application

3.6.1: Resaerch and Development

3.6.2: Diagnosis

3.7: Global Multiplex Assay Market by End User

3.7.1: Pharma & Biotech

3.7.2: Reference Laboratory

3.7.3: Hospital

4. Market Trends and Forecast Analysis by Region

4.1: Global Multiplex Assay Market by Region

4.2: North American Multiplex Assay Market

4.2.1: Market by Product: Consumables and Instruments

4.2.2: Market by Type: Nucleic Acid, Protein, and Cell

4.2.3: Market by Technology: Flow Cytometry and Luminescence

4.2.4: Market by Application: Research and Development and Diagnosis

4.2.5: Market by End User: Pharma & Biotech, Reference Laboratory, and Hospital

4.2.6: The United States Multiplex Assay Market

4.2.7: The Canadian Multiplex Assay Market

4.2.8: The Mexican Multiplex Assay Market

4.3: European Multiplex Assay Market

4.3.1: Market by Product: Consumables and Instruments

4.3.2: Market by Type: Nucleic Acid, Protein, and Cell

4.3.3: Market by Technology: Flow Cytometry and Luminescence

4.3.4: Market by Application: Research and Development and Diagnosis

4.3.5: Market by End User: Pharma & Biotech, Reference Laboratory, and Hospital

4.3.6: The United Kingdom Multiplex Assay Market

4.3.7: The Spanish Multiplex Assay Market

4.3.8: The German Multiplex Assay Market

4.3.9: The French Multiplex Assay Market

4.4: APAC Multiplex Assay Market

4.4.1: Market by Product: Consumables and Instruments

4.4.2: Market by Type: Nucleic Acid, Protein, and Cell

4.4.3: Market by Technology:Flow Cytometry and Luminescence

4.4.4: Market by Application: Research and Development and Diagnosis

4.4.5: Market by End User: Pharma & Biotech, Reference Laboratory, and Hospital

4.4.6: The Chinese Multiplex Assay Market

4.4.7: The Indian Multiplex Assay Market

4.4.7: The Japanese Multiplex Assay Market

4.5: ROW Multiplex Assay Market

4.5.1: Market by Product: Consumables and Instruments

4.5.2: Market by Type:Nucleic Acid, Protein, and Cell

4.5.3: Market byTechnology:Flow Cytometry and Luminescence

4.5.4: Market by Application: Research and Development and Diagnosis

4.5.5: Market by End User: Pharma & Biotech, Reference Laboratory, and Hospital

4.5.6: Brazilian Multiplex Assay Market

5. Competitor Analysis

5.1: Market Share Analysis

5.2: Product Portfolio Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Cost of Goods Sold

6.2: SG&A

6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Multiplex Assay Market by Product

7.1.2: Growth Opportunities for the Global Multiplex Assay Market by Type

7.1.3: Growth Opportunities for the Global Multiplex Assay Market by Technology

7.1.4: Growth Opportunities for the Global Multiplex Assay Market by Application

7.1.5: Growth Opportunities for the Global Multiplex Assay Market by End User

7.1.6: Growth Opportunities for the Global Multiplex Assay Market by Region

7.2: Emerging Trends in the Global Multiplex Assay Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Multiplex Assay Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Multiplex Assay Market

7.3.4: Certification and Licensing

8. Company Profiles of Leading Players

8.1: Abbott Laboratories

8.2: Hoffmann-La Roche

8.3: Siemens Healthineers

8.4: Thermo Fisher Scientific

8.5: Danaher Corporation

8.6: Bio-Rad Laboratories

8.7: Biomérieux

8.8: Bühlmann Laboratories

8.9: Sekisui Medical

8.10: Randox Laboratories

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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