The North America Multiplex Assay Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
A multiplex assay is a form of immunoassay that employs magnetic beads to test many analytes simultaneously in a single experiment within the biological sciences. A multiplex assay is a variation of an ELISA in which the capture antibody is bound by beads. In research, multiplex tests are still more common than in clinical settings. Microspheres of different colors are bound with antibodies having different binding specificities in a multiplex experiment. Flow cytometry can be used to read the findings since the beads have a distinct fluorescence signature.
Companion diagnostics are rapidly expanding in terms of both number and applicability in disease areas, and are quickly becoming an integral aspect of customized medicine. Additionally, companion diagnostics are increasing rapidly in the near future, based on the present supply chain. This increase in companion diagnostics is also predicted to have a substantial impact on the overall multiplex assay market.
Cancer is the second most prevalent cause of mortality in the United States, impacting the majority of the population of the region. The number of cancer cases is expected to rise dramatically in the future years. In addition, due to the growing use of multiplex PCR in molecular detection, the prevalence of other chronic diseases such as tuberculosis and Lyme disease has increased. This would support the demand for multiplex assays in the region. Additionally, the country's healthcare spending has surged, with clinical laboratory services spending increasing dramatically.
The US market dominated the North America Multiplex Assay Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,237 million by 2027. The Canada market is poised to grow a CAGR of 12.1% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 11.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Multiplex Assay Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Multiplex Assay Market, by Product
1.4.2 North America Multiplex Assay Market, by Type
1.4.3 North America Multiplex Assay Market, by End User
1.4.4 North America Multiplex Assay Market, by Application
1.4.5 North America 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. North America Multiplex Assay Market by Product
4.1 North America Reagents & Consumables Market by Country
4.2 North America Instruments & Accessories Market by Country
4.3 North America Software & Services Market by Country
Chapter 5. North America Multiplex Assay Market by Type
5.1 North America Protein Based Multiplex Assays Market by Country
5.2 North America Nucleic Acid-Based Multiplex Assay Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Multiplex Assay Market by End User
6.1 North America Pharmaceutical & Biotechnology Companies Market by Country
6.2 North America Research Institutes Market by Country
6.3 North America Clinical Laboratories Market by Country
6.4 North America Hospitals Market by Country
Chapter 7. North America Multiplex Assay Market by Application
7.1 North America Research & Development Market by Country
7.2 North America Clinical Diagnostics Market by Country
7.3 North America Companion Diagnostics Market by Country
Chapter 8. North America Multiplex Assay Market by Country
8.1 US Multiplex Assay Market
8.1.1 US Multiplex Assay Market by Product
8.1.2 US Multiplex Assay Market by Type
8.1.3 US Multiplex Assay Market by End User
8.1.4 US Multiplex Assay Market by Application
8.2 Canada Multiplex Assay Market
8.2.1 Canada Multiplex Assay Market by Product
8.2.2 Canada Multiplex Assay Market by Type
8.2.3 Canada Multiplex Assay Market by End User
8.2.4 Canada Multiplex Assay Market by Application
8.3 Mexico Multiplex Assay Market
8.3.1 Mexico Multiplex Assay Market by Product
8.3.2 Mexico Multiplex Assay Market by Type
8.3.3 Mexico Multiplex Assay Market by End User
8.3.4 Mexico Multiplex Assay Market by Application
8.4 Rest of North America Multiplex Assay Market
8.4.1 Rest of North America Multiplex Assay Market by Product
8.4.2 Rest of North America Multiplex Assay Market by Type
8.4.3 Rest of North America Multiplex Assay Market by End User
8.4.4 Rest of North America 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 North America Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 8 North America Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 9 North America Reagents & Consumables Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Reagents & Consumables Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Instruments & Accessories Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Instruments & Accessories Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Software & Services Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Software & Services Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 16 North America Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 17 North America Protein Based Multiplex Assays Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Protein Based Multiplex Assays Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Nucleic Acid-Based Multiplex Assay Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Nucleic Acid-Based Multiplex Assay Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 24 North America Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 25 North America Pharmaceutical & Biotechnology Companies Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Pharmaceutical & Biotechnology Companies Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Research Institutes Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Research Institutes Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Clinical Laboratories Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Clinical Laboratories Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 34 North America Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 35 North America Research & Development Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Research & Development Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Clinical Diagnostics Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Clinical Diagnostics Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Companion Diagnostics Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Companion Diagnostics Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Multiplex Assay Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Multiplex Assay Market by Country, 2021 - 2027, USD Million
TABLE 43 US Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 44 US Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 45 US Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 46 US Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 47 US Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 48 US Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 49 US Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 50 US Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 51 US Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 52 US Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 53 Canada Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 54 Canada Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 55 Canada Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 56 Canada Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 57 Canada Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 58 Canada Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 59 Canada Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 60 Canada Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 61 Canada Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 62 Canada Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 63 Mexico Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 64 Mexico Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 65 Mexico Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 66 Mexico Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 67 Mexico Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 68 Mexico Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 69 Mexico Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 70 Mexico Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 71 Mexico Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 72 Mexico Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 73 Rest of North America Multiplex Assay Market, 2017 - 2020, USD Million
TABLE 74 Rest of North America Multiplex Assay Market, 2021 - 2027, USD Million
TABLE 75 Rest of North America Multiplex Assay Market by Product, 2017 - 2020, USD Million
TABLE 76 Rest of North America Multiplex Assay Market by Product, 2021 - 2027, USD Million
TABLE 77 Rest of North America Multiplex Assay Market by Type, 2017 - 2020, USD Million
TABLE 78 Rest of North America Multiplex Assay Market by Type, 2021 - 2027, USD Million
TABLE 79 Rest of North America Multiplex Assay Market by End User, 2017 - 2020, USD Million
TABLE 80 Rest of North America Multiplex Assay Market by End User, 2021 - 2027, USD Million
TABLE 81 Rest of North America Multiplex Assay Market by Application, 2017 - 2020, USD Million
TABLE 82 Rest of North America Multiplex Assay Market by Application, 2021 - 2027, USD Million
TABLE 83 Key Information – Thermo Fisher Scientific, Inc.
TABLE 84 Key Information – Bio-Rad Laboratories, Inc.
TABLE 85 Key information – Becton, Dickinson and Company
TABLE 86 key information – Seegene, Inc.
TABLE 87 Key Information – randox laboratories limited
TABLE 88 key information – Illumina, Inc.
TABLE 89 Key Information –Qiagen N.V.
TABLE 90 Key Information – DiaSorin S.p.A.
TABLE 91 key information – Abcam plc
TABLE 92 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.