Emergen Research’s latest document, titled ‘Global Multiplex Assays Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Multiplex Assays Market. The report’s authors have offered necessary details on the latest Multiplex Assays Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Multiplex Assays Market industry entails useful insights into the estimated Multiplex Assays Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.

The global multiplex assays market size reached USD 3.32 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period. Rising prevalence of chronic and infectious diseases and demand for Point-Of-Care (POC) devices, technological advancement in diagnostic testing, and rapid adoption of multiplex assays to reduce operation costs are key factors driving market revenue growth.

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In addition, federal government agencies are also giving approvals for these products, which is driving revenue growth of the market. For instance, on 25 August 2021, Becton, Dickinson and Company (BD), a global leader in medical technology, announced that the U.S. Food and Drug Administration (FDA) has granted an Emergency Use Authorization (EUA) for BD Veritor At-Home. The first at-home COVID-19 rapid antigen test will use smartphone computer vision technology to interpret and display testing results digitally.

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Multiplex Assays market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Multiplex Assays market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Multiplex Assays industry.

Target Audience of the Global Multiplex Assays Market Report:

Key Market Players

Investors

Venture capitalists

Small- and medium-sized and large enterprises

Third-party knowledge providers

Value-Added Resellers (VARs)

Global market producers, distributors, traders, and suppliers

Research organizations, consulting companies, and various alliances interested in this sector

Government bodies, independent regulatory authorities, and policymakers

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Multiplex Assays market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Major companies in the market report include Bio-Rad Laboratories, Inc., Luminex Corporation., Abcam plc., Merck KGaA, BD, Bio-Techne., Thermo Fisher Scientific, Inc., PerkinElmer Inc., Promega Connections., and Advanced Cell Diagnostics, Inc.

Emergen Research has segmented global multiplex assays market on the basis of product, type, application, end-use, and region:

• Product Outlook (Revenue, USD Billion; 2019-2030)

  • Consumables
  • Software
  • Instruments and accessories

• Type Outlook (Revenue, USD Billion; 2019-2030)

  • Protein based multiplex assay
  • Nucleic acid based assay
  • Other assays

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Research & Development (R&D)
  • Clinical diagnostics
  • Others

• End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Hospitals and clinics
  • Research laboratories
  • Pharmaceutical companies

To access the full coverage of the global Multiplex Assays market report, visit @https://www.emergenresearch.com/industry-report/multiplex-assay-market

Additional information offered by the report:

Along with a complete overview of the global Multiplex Assays market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

The report elaborates on the global Multiplex Assays market size and share governed by the major geographies.

It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

It further presents a detailed description of the company profiles of the key market contenders.

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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