The Asia Pacific Multiplex Assay Market would witness market growth of 9.9% CAGR during the forecast period (2021-2027).
Multiplex assays within a given application area or technology class, can be further stratified based on the number of analytes that can be measured per assay. Multiplex refers to procedures that process the most analytes. On the other hand, low-plex or mid-plex refers to procedures that function very few (10s to 1000s). There are no specific standards for calling a process multi-, mid-, or low-plex based on the number of Single-analyte assays or low-to-mid-plex procedures predate.
Expanded government funding, increased research efforts in the pharmaceutical and biotechnology sectors, and a growing focus on enhancing experiment efficiency are all projected to move the industry forward. The increased acknowledgment of the multifactorial nature of illnesses and pathological conditions such as cancer or Alzheimer's disease has demanded the development of a cost-effective and time-saving technology for assessing various analyzers in a single sample.
Government funding in drug research efforts and strategic collaborations among leading market players are driving the multiplex assay market in Japan. Moreover, APAC has a significant number of geriatric populations which is a risk factor for people as they become more vulnerable to cancers in old age. For instance, according to the National Cancer Institute, the cancer occurrence rate of people above the age of 60 is 1000/100000, while it is 25/100000 in people under age of 20.
The China market dominated the Asia Pacific Multiplex Assay Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $282.8 million by 2027. The Japan market is exhibiting a CAGR of 9.3% during (2021 - 2027). Additionally, The India market would witness a CAGR of 10.6% during (2021 - 2027).
Based on Product, the market is segmented into Reagents & Consumables, Instruments & Accessories, and Software & Services. Based on Type, the market is segmented into Protein Based Multiplex Assays, Nucleic Acid-Based Multiplex Assay, and Others. Based on End user, the market is segmented into Pharmaceutical & Biotechnology Companies, Research Institutes, Clinical Laboratories, and Hospitals. Based on Application, the market is segmented into Research & Development, Clinical Diagnostics, and Companion Diagnostics. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Multiplex Assay Market is Projected to reach USD 4 Billion by 2027, at a CAGR of 9.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Seegene, Inc., Randox Laboratories Limited, Illumina, Inc., Qiagen N.V., DiaSorin S.p.A. (Luminex Corporation), Abcam plc, and Meso Scale Diagnostics LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Reagents & Consumables
- Instruments & Accessories
- Software & Services
By Type
- Protein Based Multiplex Assays
- Nucleic Acid-Based Multiplex Assay
- Others
By End User
- Pharmaceutical & Biotechnology Companies
- Research Institutes
- Clinical Laboratories
- Hospitals
By Application
- Research & Development
- Clinical Diagnostics
- Companion Diagnostics
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Bio-Rad Laboratories, Inc.
- Becton, Dickinson and Company
- Seegene, Inc.
- Randox Laboratories Limited
- Illumina, Inc.
- Qiagen N.V.
- DiaSorin S.p.A. (Luminex Corporation)
- Abcam plc
- Meso Scale Diagnostics LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Multiplex Assay Market, by Product
1.4.2 Asia Pacific Multiplex Assay Market, by Type
1.4.3 Asia Pacific Multiplex Assay Market, by End User
1.4.4 Asia Pacific Multiplex Assay Market, by Application
1.4.5 Asia Pacific Multiplex Assay Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Approvals and Trials
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, May – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Multiplex Assay Market by Product
4.1 Asia Pacific Reagents & Consumables Market by Country
4.2 Asia Pacific Instruments & Accessories Market by Country
4.3 Asia Pacific Software & Services Market by Country
Chapter 5. Asia Pacific Multiplex Assay Market by Type
5.1 Asia Pacific Protein Based Multiplex Assays Market by Country
5.2 Asia Pacific Nucleic Acid-Based Multiplex Assay Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Multiplex Assay Market by End User
6.1 Asia Pacific Pharmaceutical & Biotechnology Companies Market by Country
6.2 Asia Pacific Research Institutes Market by Country
6.3 Asia Pacific Clinical Laboratories Market by Country
6.4 Asia Pacific Hospitals Market by Country
Chapter 7. Asia Pacific Multiplex Assay Market by Application
7.1 Asia Pacific Research & Development Market by Country
7.2 Asia Pacific Clinical Diagnostics Market by Country
7.3 Asia Pacific Companion Diagnostics Market by Country
Chapter 8. Asia Pacific Multiplex Assay Market by Country
8.1 China Multiplex Assay Market
8.1.1 China Multiplex Assay Market by Product
8.1.2 China Multiplex Assay Market by Type
8.1.3 China Multiplex Assay Market by End User
8.1.4 China Multiplex Assay Market by Application
8.2 Japan Multiplex Assay Market
8.2.1 Japan Multiplex Assay Market by Product
8.2.2 Japan Multiplex Assay Market by Type
8.2.3 Japan Multiplex Assay Market by End User
8.2.4 Japan Multiplex Assay Market by Application
8.3 India Multiplex Assay Market
8.3.1 India Multiplex Assay Market by Product
8.3.2 India Multiplex Assay Market by Type
8.3.3 India Multiplex Assay Market by End User
8.3.4 India Multiplex Assay Market by Application
8.4 South Korea Multiplex Assay Market
8.4.1 South Korea Multiplex Assay Market by Product
8.4.2 South Korea Multiplex Assay Market by Type
8.4.3 South Korea Multiplex Assay Market by End User
8.4.4 South Korea Multiplex Assay Market by Application
8.5 Singapore Multiplex Assay Market
8.5.1 Singapore Multiplex Assay Market by Product
8.5.2 Singapore Multiplex Assay Market by Type
8.5.3 Singapore Multiplex Assay Market by End User
8.5.4 Singapore Multiplex Assay Market by Application
8.6 Malaysia Multiplex Assay Market
8.6.1 Malaysia Multiplex Assay Market by Product
8.6.2 Malaysia Multiplex Assay Market by Type
8.6.3 Malaysia Multiplex Assay Market by End User
8.6.4 Malaysia Multiplex Assay Market by Application
8.7 Rest of Asia Pacific Multiplex Assay Market
8.7.1 Rest of Asia Pacific Multiplex Assay Market by Product
8.7.2 Rest of Asia Pacific Multiplex Assay Market by Type
8.7.3 Rest of Asia Pacific Multiplex Assay Market by End User
8.7.4 Rest of Asia Pacific Multiplex Assay Market by Application
Chapter 9. Company Profiles
9.1 Thermo Fisher Scientific, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Bio-Rad laboratories, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Approvals and Trials:
9.3 Becton, Dickinson and Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 Seegene, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Research & Development Expense
9.4.4 Recent strategies and developments:
9.4.4.1 Approvals and Trials:
9.4.4.2 Geographical Expansions:
9.5 Randox Laboratories Limited
9.5.1 Company Overview
9.6 Illumina, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 Qiagen N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 DiaSorin S.p.A. (Luminex Corporation)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Approvals and Trials:
9.9 Abcam plc
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.10. Meso Scale Diagnostics LLC
9.10.1 Company Overview
TABLE 1 Asia Pacific Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Multiplex Assay Market
TABLE 4 Product Launches And Product Expansions– Multiplex Assay Market
TABLE 5 Approvals and trials– Multiplex Assay Market
TABLE 6 Geographical Expansions– Multiplex Assay Market
TABLE 7 Asia Pacific Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Reagents & Consumables Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Reagents & Consumables Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Instruments & Accessories Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Instruments & Accessories Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Software & Services Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Software & Services Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Protein Based Multiplex Assays Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Protein Based Multiplex Assays Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Nucleic Acid-Based Multiplex Assay Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Nucleic Acid-Based Multiplex Assay Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Pharmaceutical & Biotechnology Companies Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Pharmaceutical & Biotechnology Companies Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Research Institutes Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Research Institutes Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Clinical Laboratories Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Clinical Laboratories Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Research & Development Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Research & Development Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Clinical Diagnostics Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Clinical Diagnostics Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Companion Diagnostics Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Companion Diagnostics Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Multiplex Assay Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Multiplex Assay Market by Country, 2021 - 2027, USD Million
TABLE 43 China Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 44 China Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 45 China Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 46 China Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 47 China Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 48 China Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 49 China Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 50 China Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 51 China Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 52 China Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 53 Japan Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 54 Japan Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 55 Japan Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 56 Japan Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 57 Japan Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 58 Japan Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 59 Japan Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 60 Japan Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 61 Japan Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 62 Japan Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 63 India Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 64 India Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 65 India Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 66 India Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 67 India Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 68 India Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 69 India Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 70 India Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 71 India Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 72 India Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 73 South Korea Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 74 South Korea Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 75 South Korea Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 76 South Korea Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 77 South Korea Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 78 South Korea Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 79 South Korea Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 80 South Korea Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 81 South Korea Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 82 South Korea Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 83 Singapore Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 84 Singapore Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 85 Singapore Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 86 Singapore Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 87 Singapore Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 88 Singapore Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 89 Singapore Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 90 Singapore Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 91 Singapore Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 92 Singapore Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 93 Malaysia Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 94 Malaysia Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 95 Malaysia Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 96 Malaysia Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 97 Malaysia Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 98 Malaysia Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 99 Malaysia Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 100 Malaysia Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 101 Malaysia Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 102 Malaysia Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 103 Rest of Asia Pacific Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 104 Rest of Asia Pacific Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 105 Rest of Asia Pacific Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 106 Rest of Asia Pacific Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 107 Rest of Asia Pacific Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 108 Rest of Asia Pacific Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 109 Rest of Asia Pacific Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 110 Rest of Asia Pacific Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 111 Rest of Asia Pacific Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 112 Rest of Asia Pacific Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 113 Key Information – Thermo Fisher Scientific, Inc.
TABLE 114 Key Information – Bio-Rad Laboratories, Inc.
TABLE 115 Key information – Becton, Dickinson and Company
TABLE 116 key information – Seegene, Inc.
TABLE 117 Key Information – randox laboratories limited
TABLE 118 key information – Illumina, Inc.
TABLE 119 Key Information –Qiagen N.V.
TABLE 120 Key Information – DiaSorin S.p.A.
TABLE 121 key information – Abcam plc
TABLE 122 Key Information – Meso Scale Diagnostics LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, may – 2021, oct) Leading Players
FIG 5 Swot analysis: thermo fisher scientific, inc.
FIG 6 Recent strategies and developments: Bio-Rad Laboratories, Inc.
FIG 7 Recent strategies and developments: Becton, Dickinson and Company
FIG 8 Recent strategies and developments: Seegene, Inc.