Europe Multiplex Assays Market, By Products and Services (Reagents and Consumables, Instruments and Accessories, Software and Services), Type (Nucleic Acid Multiplex Assays, Protein Multiplex Assays, Cell-Based Multiplex Assays), Technology (Protein Microarray, Polymerase Chain Reaction, Multiplex Real-Time PCR, Flow Cytometry, Fluorescence Detection, Luminescence, Others), Application (Clinical Diagnostics, Research and Development), End User (Hospitals, Clinical Laboratories, Pharmaceutical and Biotechnology Companies, Research Institutes, Others), Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Ireland, Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights : Europe Multiplex Assays Market
Data Bridge Market Research analyses that the Europe multiplex assays market to be growing at CAGR of 8.87% in the forecast period of 2021-2028.
A Multiplex Assay is an immunoassay that determines many analytes in a single sample using magnetic or non-magnetic beads. A multiplex assay is identical to an ELISA, except that beads are used to bind the capture antibody in multiplex assays. Multiplex assays are increasingly more common in research than in clinical settings due to their advantages.
The growing incidences of chronic illness mainly cancer and growing use of multiplex assays in companion diagnostics are the major factors influencing the growth of the multiplex assays market. Furthermore, advantages of multiplex assays over singleplex and traditional assays, technological advancement, growing healthcare expenditure and rising awareness about the multifactorial nature various diseases and pathological conditions are the major fostering that will enhance the growth of multiplex assays market.
Rise in the validation of biomarkers in molecular and protein diagnostics and need for high-throughput and automated systems will create beneficial opportunities for the market growth.
However, high costs associated with equipment and lacks of skilled labor are the factors that will obstruct the market growth. Strict regulations and standards will challenge the multiplex assays market.
This Europe multiplex assays market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe multiplex assays market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Multiplex Assays Market Scope and Market Size
The Europe multiplex assays market is segmented on the basis of product and services, type, technology, application and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The multiplex assays market is segmented on the basis of products and services into reagents and consumables, instruments and accessories, and software and services.
- On the basis of type, the multiplex assays market is segmented into nucleic acid multiplex assays, protein multiplex assays, and cell-based multiplex assays. Protein multiplex assays have been further sub-segmented into planar protein assays and bead-based protein assays. Nucleic acid multiplex assays have been further sub-segmented into planar nucleic acid assays and bead-based nucleic acid assays.
- On the basis of technology, the multiplex assays market is segmented into protein microarray, polymerase chain reaction, multiplex real-time PCR, flow cytometry, fluorescence detection, luminescence and others.
- On the basis of application, the multiplex assays market is segmented into clinical diagnostics, research and development. Clinical diagnostics have been further sub-segmented into cancer, autoimmune diseases, infectious diseases, nervous system disorders, infectious diseases, allergies, metabolism and endocrinology disorders, cardiovascular diseases, and others. Research and development has been further sub-segmented into drug discovery and development and biomarker discovery and validation.
- On the basis of end-users, the multiplex assays market is segmented into hospital, clinical laboratories, pharmaceutical and biotechnology companies, research institutes and others.
Europe Multiplex Assays Market Country Level Analysis
The Europe multiplex assays market is analysed and market size insights and trends are provided by country, product and services, type, technology, application and end-users as referenced above.
The countries covered in Europe multiplex assays market report are Germany, France, the U.K, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, Rest of Europe.
The United Kingdom dominates the Europe multiplex assays market and will continue to flourish its trend of dominance during the forecast period due to the well-established healthcare sector and growing government initiatives to facilitate genomic and clinical research in this region. France will however, register the highest CAGR for this period due to the development in genome sector and rise in the number of programs involved with development of multiplex assays and clinical trials.
The country section of the Europe multiplex assays market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The Europe multiplex assays market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe multiplex assays market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe multiplex assays market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Multiplex Assays Market Share Analysis
The Europe multiplex assays market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe multiplex assays market.
The major players covered in the Europe multiplex assays market report are BD, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Cepheid, Siemens, Agena Bioscience, Inc., Hologic Inc., Luminex Corporation., MESO SCALE DIAGNOSTICS, LLC., QIAGEN, PerkinElmer Inc., Illumina, Inc., Olink, Agilent Technologies, Inc., Randox Laboratories Ltd., Bio-Techne., Sysmex Corporation, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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