Multiplex Assays Market Is Estimated To Grow At a High CAGR & To Reach USD 3.76 Billion by 2021


Posted August 28, 2017 by dheerajshaha67

The global multiplex assays market is projected to reach USD 3.76 Billion by 2021 from USD 2.66 Billion in 2016, at a CAGR of 7.2% from 2016 to 2021.

 
[173 Pages Report] Multiplex Assays Market report categories the Global market by Type (Nucleic Acid-Based, Protein-Based), Application (R&D, Companion Diagnostics), Product (Consumable (Kits & Reagents, Panels)), Technology (Pcr, Planar Array), End User (Hospital, Clinical Laboratory) & Geography.
The global multiplex assays market is projected to reach USD 3.76 Billion by 2021 from USD 2.66 Billion in 2016, at a CAGR of 7.2% from 2016 to 2021.

The multiplex assays market is segmented on the basis of products & service, type, technology, applications, end user, and region. By products & services, the market is categorized into instruments, consumables, accessories, software, and services.

On the basis of applications, the multiplex assays market is categorized into research & development, diseases & disorders, companion diagnostics, and other applications.

The end user segment of the multiplex assays market is segmented into academic and research institutes, hospitals, clinical laboratories, pharmaceutical and biotechnology companies, and other end users.

Market Segmentation:
• Multiplex Assays Market, by Products & Services
• Multiplex Assays Market, by Type
• Multiplex Assays Market, by Technology
• Multiplex Assays Market, by Application
• Multiplex Assays Market, by End User
• Multiplex Assays Market, by Region

To know about the assumptions considered for the study, Download PDF Brochure:
http://www.marketsandmarkets.com/pdfdownload.asp?id=61593314

Need for effective analytical platforms in research to reduce operational costs, adoption of companion diagnostics for increasing efficacy of therapies, and advantages of multiplexing over traditional assays are the major drivers of the multiplex assays market.

Increasing validation of biomarkers in molecular and protein diagnostic and need for high throughput and more automated systems include data about magnetic beads that allow for more automation are expected to further drive the growth of the multiplex assays market.

The U.S. is expected to account for the largest share of the market in 2016. Europe is accounted for the second-largest share of the market; in this region the availability of government funds has encouraged the research and development of multiplex assays.

Asia-Pacific region is estimated to be the fastest growing region in the market during the forecast period as it is an emerging market and it is expected that the adoption of multiplex assays in this region will be high.

Request a Sample Report: http://www.marketsandmarkets.com/requestsample.asp?id=61593314
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By D shaha
Country India
Categories Biotech
Tags multiplex assays market
Last Updated August 28, 2017