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The global multiplex assay market is predicted to register a CAGR of 7.46% during the estimated period, 2019-2027

NEW YORK, Dec. 4, 2019 /PRNewswire/ --

KEY FINDINGS
The global multiplex assay market is predicted to register a CAGR of 7.46% during the estimated period, 2019-2027. The economic benefits associated with the multiplex assay, the surging research and development activities, coupled with government funding, are the major factors pushing the growth of the global multiplex assay market.

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MARKET INSIGHTS
Multiplex PCR is the widely demanded multiplex assay technology, while reagents and consumables are the products used widely.The multiplex assays have huge potential in the research and development activities, with regard to the treatment of diseases like cancer.

There are increasing government investments across the countries of the world in terms of healthcare, which results in an increased number of research centers and clinical laboratories.The multiplex assay panel aids the needs of pharmaceutical researchers, thereby impacting the market growth of the multiplex assay.

Further, the advancements in the healthcare infrastructure in the emerging economies result in ample growth opportunities for the multiplex assay market. However, the lack of skilled professionals is estimated to hinder the growth of the market.

REGIONAL INSIGHTS
The global market of the multiplex assay is examined through the market regions of North America, Asia Pacific, Europe, and the Rest of the World.As of 2018, North America held the largest market share, followed by Europe.

The market region of Asia Pacific is expected to be the fastest-growing region during the forecasted period. The primary factors attributed to this growth are the increasing patient numbers and the surging R&D activities in the pharmaceuticals domain.

COMPETITIVE INSIGHTS
The increasing research and development activities are resulting in growth opportunities for both, the players and the market. Some of the eminent players in the market are, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Agilent Technologies, Inc., Illumina Inc., Abcam Plc., Bio-Techne Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ABCAM PLC.
2. AGILENT TECHNOLOGIES, INC.
3. BECTON DICKINSON AND COMPANY
4. BIO-RAD LABORATORIES, INC.
5. BIO-TECHNE CORPORATION
6. ILLUMINA, INC
7. LUMINEX CORPORATION
8. MERCK MILIPORE
9. MESO SCALE DIAGNOSTICS, LLC
10. OLINK PROTEOMICS AB
11. QIAGEN N.V.
12. RANDOX LABORATORIES LTD.
13. SEEGENE INC.
14. SIEMENS HEALTHINEERS
15. THERMO FISHER SCIENTIFIC INC.

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