Product ID: SQMIG35H2180
Multiplex Assay Market Size, Share, Growth Analysis, By Product(Consumables, Instruments and Software), By Type(Protein Multiplex Assays, Nucleic Acid Multiplex Assays), By Technology(Flow Cytometry, Fluorescence Detection), By Application(Research & Development, and Clinical Diagnostics) - Industry Forecast 2024-2031
Report ID:
SQMIG35H2180 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
117 |
Figures:
77
Multiplex Assay Market Regional Insights
Asia-Pacific is projected to expand greatly between 2023 and 2030 as a result of increased government initiatives to increase awareness, an increase in medical tourism, expanding research activities in the region, a supportive regulatory environment that will increase the adoption rate for microbiology testing and other advanced diagnostic methods, as well as the region's growing demand for high-quality healthcare.
North America dominated the global industry in 2022 and accounted for the largest share of more than 36.88% of the total revenue because of the rising R&D activities for the discovery of novel medications and diagnosis & treatment options. The region's expansion is anticipated to be fueled by the rise in government funding for the discovery of new biomarkers and the rise in the prevalence of chronic illnesses like cancer and stroke. Additionally, the presence of significant players in the region is likely to boost the rise. On the other hand, Asia Pacific is anticipated to grow at the fastest pace during the anticipated years. This is owing to the improving healthcare infrastructure and medical research scenario in emerging nations.
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