GLOBAL MULTIPLEX ASSAY MARKET 2021-2028

Lifesciences | Diagnostic & Biotechnology

GLOBAL MULTIPLEX ASSAY MARKET 2021-2028

Market by Product and Service, Type, Application, Technology, Industry Verticals, and Geography | Forecast 2021-2028

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Triton Market Research’s detailed analysis of the global multiplex assay depicts that, based on revenue, the market is estimated to grow at a CAGR of 8.67% during the forecasting years 2021-2028. In 2020, the market gained $3143.14 million and is likely to acquire $7933.87 million by 2028. 


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The multiplex assays market is witnessing tremendous growth due to increased R&D activities in pharmaceuticals to treat several diseases. In addition, clinical trials use these assays as they decrease the cost of manual labor and research, enhancing the efficiency of therapies and experiments. 

Identifying biomarkers for diseases such as cancer, neurological disorders, and cardiovascular disorders provides a deeper understanding of the disease mechanism. In addition, this helps understand the interaction of drugs and their effects on the metabolic pathway to help develop novel drugs. Thus, protein-based multiplex assays possess a high potential to identify new clinical biomarkers for early detection and diagnosis of diseases and discover new therapeutic targets from accessible bio-specimens, thereby augmenting the multiplex assay market’s growth.

Triton’s study aims to get an overview of the multiplex assay market in terms of various factors. Within this report, the key insight and the market summary regarding the market have been discussed. Also, the Impact of COVID-19 on the market, key buying outlook, Porter’s five forces model, market attractiveness matrix, and vendor scorecard have been studied in detail. 

Market drivers like the adoption of personalized medicines and the high adoption of multiplex assays over traditional methods are driving the studied market’s growth. However, the industry faces market restraints like the dearth of skilled professionals possessing advanced laboratory expertise and legal trends related to environmental safety, obstructing the global market’s growth. 

Key opportunities like funding for R&D activities by various government agencies and companies and emerging economies offering lucrative growth opportunities can be leveraged by the market to reach its projected growth. 



Major geographies covered in the multiplex assay market are:

North America: Canada and United States

Asia-Pacific: New Zealand & Australia, Japan, India, ASEAN countries, South Korea, China, and Rest of Asia-Pacific

Europe: Russia, Spain, The United Kingdom, Germany, France, Italy, and Rest of Europe

Latin America: Mexico, Brazil, and Rest of Latin America

Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa, and Rest of Middle East & Africa

The segmentation analysis of the multiplex assay market includes: 

Market by Product and Service:

           o Reagents and Consumables 

           o Instruments and Accessories

           o Software and Services

Market by Type:

           o Protein-Based Multiplex Assay

           o Nucleic Acid-Based Multiplex Assay

           o Other Multiplex Assay Types

Market by Application:

           o Research and Development

           o Clinical Diagnostics

           o Companion Diagnostics

Market by Technology:

           o Multiplex Protein Microarray

           o Multiplex PCR

           o Other Technologies

Market by Industry Verticals: 

           o Pharmaceutical & Biotechnology Companies

           o Research Institutes

           o Clinical Laboratories

           o Hospitals

The key players engaged in the multiplex assay market are Abcam, Becton Dickinson and Company, Siemens Healthineers AG, Merck Millipore, Bio Rad Laboratories Inc, Olink Proteomics AB, Bio Techne corporation, F Hoffmann La Roche, Illumina Inc, Seegene Inc, Agilent Technologies Inc, Luminex Corporation, Meso Scale Diagnostics LLC, Qiagen NV, Randox Laboratories Ltd, and Thermo Fisher Scientific Inc.

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Table of Content

1. GLOBAL MULTIPLEX ASSAY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON MULTIPLEX ASSAY MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE PRODUCTS

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. COMPETITIVE RIVALRY

2.4. KEY BUYING OUTLOOK

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. KEY MARKET STRATEGIES

2.7.1. CONTRACTS AND PARTNERSHIPS

2.7.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, & DIVESTITURES

2.7.3. ACQUISITIONS & MERGERS

2.7.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.8. KEY DRIVERS

2.8.1. ADOPTION OF PERSONALIZED MEDICINES

2.8.2. HIGH ADOPTION OF MULTIPLEX ASSAYS OVER TRADITIONAL METHODS

2.9. KEY RESTRAINTS

2.9.1. DEARTH OF SKILLED PROFESSIONALS

2.9.2. LEGAL TRENDS RELATED TO ENVIRONMENTAL SAFETY

2.10. KEY OPPORTUNITIES

2.10.1. FUNDING FOR R&D ACTIVITIES BY VARIOUS GOVERNMENT AGENCIES AND COMPANIES

2.10.2. EMERGING ECONOMIES OFFERING LUCRATIVE GROWTH OPPORTUNITIES

3. GLOBAL MULTIPLEX ASSAY MARKET - BY PRODUCT AND SERVICE

3.1. REAGENTS AND CONSUMABLES

3.2. INSTRUMENTS AND ACCESSORIES

3.3. SOFTWARE AND SERVICES

4. GLOBAL MULTIPLEX ASSAY MARKET - BY TYPE

4.1. PROTEIN-BASED MULTIPLEX ASSAY

4.2. NUCLEIC ACID-BASED MULTIPLEX ASSAY

4.3. OTHER MULTIPLEX ASSAYS

5. GLOBAL MULTIPLEX ASSAY MARKET - BY APPLICATION

5.1. RESEARCH AND DEVELOPMENT

5.2. CLINICAL DIAGNOSTICS

5.3. COMPANION DIAGNOSTICS

6. GLOBAL MULTIPLEX ASSAY MARKET - BY TECHNOLOGY

6.1. MULTIPLEX PROTEIN MICROARRAY

6.2. MULTIPLEX PCR

6.3. OTHER TECHNOLOGIES

7. GLOBAL MULTIPLEX ASSAY MARKET - BY INDUSTRY VERTICALS

7.1. PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES

7.2. RESEARCH INSTITUTES

7.3. CLINICAL LABORATORIES

7.4. HOSPITALS

8. GLOBAL MULTIPLEX ASSAY MARKET – REGIONAL OUTLOOK

8.1. NORTH AMERICA

8.1.1. MARKET BY PRODUCT AND SERVICE

8.1.2. MARKET BY TYPE

8.1.3. MARKET BY APPLICATION

8.1.4. MARKET BY TECHNOLOGY

8.1.5. MARKET BY INDUSTRY VERTICALS

8.1.6. COUNTRY ANALYSIS

8.1.6.1. UNITED STATES

8.1.6.2. CANADA

8.2. EUROPE

8.2.1. MARKET BY PRODUCT AND SERVICE

8.2.2. MARKET BY TYPE

8.2.3. MARKET BY APPLICATION

8.2.4. MARKET BY TECHNOLOGY

8.2.5. MARKET BY INDUSTRY VERTICALS

8.2.6. COUNTRY ANALYSIS

8.2.6.1. GERMANY

8.2.6.2. FRANCE

8.2.6.3. UNITED KINGDOM

8.2.6.4. ITALY

8.2.6.5. RUSSIA

8.2.6.6. SPAIN

8.2.6.7. REST OF EUROPE

8.3. ASIA-PACIFIC

8.3.1. MARKET BY PRODUCT AND SERVICE

8.3.2. MARKET BY TYPE

8.3.3. MARKET BY APPLICATION

8.3.4. MARKET BY TECHNOLOGY

8.3.5. MARKET BY INDUSTRY VERTICALS

8.3.6. COUNTRY ANALYSIS

8.3.6.1. CHINA

8.3.6.2. JAPAN

8.3.6.3. INDIA

8.3.6.4. AUSTRALIA & NEW ZEALAND

8.3.6.5. SOUTH KOREA

8.3.6.6. ASEAN COUNTRIES

8.3.6.7. REST OF ASIA-PACIFIC

8.4. LATIN AMERICA

8.4.1. MARKET BY PRODUCT AND SERVICE

8.4.2. MARKET BY TYPE

8.4.3. MARKET BY APPLICATION

8.4.4. MARKET BY TECHNOLOGY

8.4.5. MARKET BY INDUSTRY VERTICALS

8.4.6. COUNTRY ANALYSIS

8.4.6.1. BRAZIL

8.4.6.2. MEXICO

8.4.6.3. REST OF LATIN AMERICA

8.5. MIDDLE EAST AND AFRICA

8.5.1. MARKET BY PRODUCT AND SERVICE

8.5.2. MARKET BY TYPE

8.5.3. MARKET BY APPLICATION

8.5.4. MARKET BY TECHNOLOGY

8.5.5. MARKET BY INDUSTRY VERTICALS

8.5.6. COUNTRY ANALYSIS

8.5.6.1. SAUDI ARABIA

8.5.6.2. UNITED ARAB EMIRATES

8.5.6.3. TURKEY

8.5.6.4. SOUTH AFRICA

8.5.6.5. REST OF MIDDLE EAST & AFRICA

9. COMPETITIVE LANDSCAPE

9.1. ABCAM

9.2. AGILENT TECHNOLOGIES INC

9.3. BECTON DICKINSON AND COMPANY

9.4. BIO RAD LABORATORIES INC

9.5. BIO TECHNE CORPORATION

9.6. F HOFFMANN LA ROCHE

9.7. ILLUMINA INC

9.8. LUMINEX CORPORATION

9.9. MERCK MILLIPORE

9.10. MESO SCALE DIAGNOSTICS LLC

9.11. OLINK PROTEOMICS AB

9.12. QIAGEN NV

9.13. RANDOX LABORATORIES LTD

9.14. SEEGENE INC

9.15. SIEMENS HEALTHINEERS AG

9.16. THERMO FISHER SCIENTIFIC INC

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.1.1. OBJECTIVES OF STUDY

10.1.2. SCOPE OF STUDY

10.2. SOURCES OF DATA

10.2.1. PRIMARY DATA SOURCES

10.2.2. SECONDARY DATA SOURCES

10.3. RESEARCH METHODOLOGY

10.3.1. EVALUATION OF PROPOSED MARKET

10.3.2. IDENTIFICATION OF DATA SOURCES

10.3.3. ASSESSMENT OF MARKET DETERMINANTS

10.3.4. DATA COLLECTION

10.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1:       GLOBAL MULTIPLEX ASSAY MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2:       VENDOR SCORECARD

TABLE 3:       CONTRACTS AND PARTNERSHIPS

TABLE 4:       LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, & DIVESTITURES

TABLE 5:       ACQUISITIONS & MERGERS

TABLE 6:       LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7:       GLOBAL MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 8:       GLOBAL MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 9:       GLOBAL MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 10:     GLOBAL MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 11:     GLOBAL MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 12:     GLOBAL MULTIPLEX ASSAY MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 13:     NORTH AMERICA MULTIPLEX ASSAY MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 14:     NORTH AMERICA MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 15:     NORTH AMERICA MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 16:     NORTH AMERICA MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 17:     NORTH AMERICA MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 18:     NORTH AMERICA MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 19:     EUROPE MULTIPLEX ASSAY, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 20:     EUROPE MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 21:     EUROPE MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 22:     EUROPE MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 23:     EUROPE MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 24:     EUROPE MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 25:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 26:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 27:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 28:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 29:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 30:     ASIA-PACIFIC MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 31:     LATIN AMERICA MULTIPLEX ASSAY MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 32:     LATIN AMERICA MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 33:     LATIN AMERICA MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 34:     LATIN AMERICA MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 35:     LATIN AMERICA MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 36:     LATIN AMERICA MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 37:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 38:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2021-2028 (IN $ MILLION)

TABLE 39:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 40:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 41:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 42:     MIDDLE EAST AND AFRICA MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     GLOBAL MULTIPLEX ASSAY MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

FIGURE 2:     GLOBAL MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, 2020 & 2028 (IN %)

FIGURE 3:     GLOBAL MULTIPLEX ASSAY MARKET, BY REAGENTS AND CONSUMABLES, 2021-2028 (IN $ MILLION)

FIGURE 4:     GLOBAL MULTIPLEX ASSAY MARKET, BY INSTRUMENTS AND ACCESSORIES, 2021-2028 (IN $ MILLION)

FIGURE 5:     GLOBAL MULTIPLEX ASSAY MARKET, BY SOFTWARE AND SERVICES, 2021-2028 (IN $ MILLION)

FIGURE 6:     GLOBAL MULTIPLEX ASSAY MARKET, BY TYPE, 2020 & 2028 (IN %)

FIGURE 7:     GLOBAL MULTIPLEX ASSAY MARKET, BY PROTEIN-BASED MULTIPLEX ASSAY, 2021-2028 (IN $ MILLION)

FIGURE 8:     GLOBAL MULTIPLEX ASSAY MARKET, BY NUCLEIC ACID-BASED MULTIPLEX ASSAY, 2021-2028 (IN $ MILLION)

FIGURE 9:     GLOBAL MULTIPLEX ASSAY MARKET, BY OTHER MULTIPLEX ASSAYS, 2021-2028 (IN $ MILLION)

FIGURE 10:  GLOBAL MULTIPLEX ASSAY MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 11:  GLOBAL MULTIPLEX ASSAY MARKET, BY RESEARCH AND DEVELOPMENT, 2021-2028 (IN $ MILLION)

FIGURE 12:  GLOBAL MULTIPLEX ASSAY MARKET, BY CLINICAL DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 13:  GLOBAL MULTIPLEX ASSAY MARKET, BY COMPANION DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 14:  GLOBAL MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 15:  GLOBAL MULTIPLEX ASSAY MARKET, BY MULTIPLEX PROTEIN MICROARRAY, 2021-2028 (IN $ MILLION)

FIGURE 16:  GLOBAL MULTIPLEX ASSAY MARKET, BY MULTIPLEX PCR, 2021-2028 (IN $ MILLION)

FIGURE 17:  ADVANTAGES OF IMMUNOHISTOCHEMISTRY (IHC)

FIGURE 18:  GLOBAL MULTIPLEX ASSAY MARKET, BY OTHER TECHNOLOGIES, 2021-2028 (IN $ MILLION)

FIGURE 19:  GLOBAL MULTIPLEX ASSAY MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 20:  GLOBAL MULTIPLEX ASSAY MARKET, BY PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, 2021-2028 (IN $ MILLION)

FIGURE 21:  GLOBAL MULTIPLEX ASSAY MARKET, BY RESEARCH INSTITUTES, 2021-2028 (IN $ MILLION)

FIGURE 22:  GLOBAL MULTIPLEX ASSAY MARKET, BY CLINICAL LABORATORIES, 2021-2028 (IN $ MILLION)

FIGURE 23:  GLOBAL MULTIPLEX ASSAY MARKET, BY HOSPITALS, 2021-2028 (IN $ MILLION)

FIGURE 24:  UNITED STATES MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 25:  CANADA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 26:  GERMANY MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 27:  FRANCE MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 28:  UNITED KINGDOM MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 29:  ITALY MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 30:  RUSSIA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 31:  SPAIN MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 32:  REST OF EUROPE MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 33:  CHINA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 34:  JAPAN MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 35:  INDIA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 36:  AUSTRALIA & NEW ZEALAND MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 37:  SOUTH KOREA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 38:  ASEAN COUNTRIES MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 39:  REST OF ASIA-PACIFIC MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 40:  BRAZIL MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 41:  MEXICO MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 42:  REST OF LATIN AMERICA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 43:  SAUDI ARABIA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 44:  UNITED ARAB EMIRATES MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 45:  TURKEY MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 46:  SOUTH AFRICA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

FIGURE 47:  REST OF MIDDLE EAST & AFRICA MULTIPLEX ASSAY MARKET 2021-2028 (IN $ MILLION)

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