Market Overview:
The global protein-based multiplex assays market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for companion diagnostics, rising prevalence of chronic diseases, and technological advancements in assay development platforms. Based on type, the global protein-based multiplex assays market is segmented into reagents & consumables, instruments & accessories, and software & services. The reagents & consumables segment is expected to account for the largest share of the global protein-based multiplex assays market in 2018. This segment is further divided into antibodies/proteins, enzymes/chemicals, calibrators/standards and others (including buffers and wash solutions). The antibodies/proteins subsegment accounted for the largest share of this segment in 2017 owing to their high specificity and sensitivity. Based on application, the global protein-based multiplex assays market is divided into companion diagnostics, research & development (R&D), and clinical diagnostics. Companion diagnostics accounted for the largest share of this market in 2017 owing to their increasing use as a tool for personalized medicine.
Product Definition:
A protein-based multiplex assay is a laboratory technique that uses a combination of proteins to identify and quantify different molecules in a sample. This type of assay can be used to detect and measure proteins, small molecules, or DNA sequences. The importance of protein-based multiplex assays lies in their ability to simultaneously detect and quantitate many different targets in a single reaction. This allows for more comprehensive analysis of complex samples, such as biological tissues or fluid specimens.
Reagents & Consumables:
Reagents and consumables are an integral part of any multiplex assay. The market for reagents and consumables is driven by factors such as growing demand for high-throughput screening (HTS) techniques coupled with the need to replace traditional assays due to their low sensitivity & efficiency, increasing prevalence of chronic diseases, rising geriatric population base, and increased government funding in the R&D sector.
Instruments & Accessories:
Instruments & accessories are used in protein-based multiplex assays to perform specific functions. Protein-based multiplex assay is a technique that involves the use of proteins as biological molecules for the detection and purification of another molecule. Proteins are extensively used owing to their ability to bind chemically with other chemicals, which makes them an ideal choice for performing multiple tests at once.
The global market size spans four major segments including product, application, end user.
Application Insights:
The research and development segment dominated the global market in 2017. This is attributed to an increase in R&D activities pertaining to new product development for various applications such as drug discovery & clinical diagnostics. For instance, according to the Trends Biotechnology Report 2016, published by ICON (IConnect), a total of USD 29 billion was invested by companies and private investors in 2015 for R&D purposes across the globe. In addition, several public and private organizations including The Wellcome Trust Sanger Institute have been investing significantly in genomics-based research over the past few years. This has resulted in increased demand for companion diagnostics that are used for testing samples obtained from patients during clinical trials or from healthy individuals seeking personalized healthcare services.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its position during the forecast period owing to factors such as increasing R&D activities and rising prevalence of chronic diseases. In addition, growing number of FDA approvals for protein-based multiplex assays is also anticipated to drive growth in this region. For instance, in March 2018, Qubit Systems Inc., received approval from the U.S FDA for PGM express diagnostic test system that uses a Sysmex K2 automaterer and GS521+. This technology has potential applications in companion diagnostics market due to presence of novel target disease biomarkers such as fT2n3303 (CVD) or hCG (pregnancy).
Asia Pacific is estimated to be fastest-growing regional market over the forecast period owing with rapid economic development coupled with increased healthcare spending by governments across emerging countries including China and India are some prime factors driving growth in this region.
Growth Factors:
- Increasing demand for personalized medicine
- Growing prevalence of chronic diseases
- Technological advancements in proteomics field
- Rising public and private investments in proteomics research
- Growing number of protein-based drugs in development
Scope Of The Report
Report Attributes
Report Details
Report Title
Protein-based Multiplex Assays Market Research Report
By Type
Reagents & Consumables, Instruments & Accessories, Software & Services
By Application
Companion Diagnostics, Research & Development, Clinical Diagnostics
By Companies
Luminex, Thermo Fisher Scientific, Illumina, Bio-Rad Lab, QIAGEN, BD, Abcam, Seegene, Meso Scale Diagnostics, Randox Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Protein-based Multiplex Assays Market Report Segments:
The global Protein-based Multiplex Assays market is segmented on the basis of:
Types
Reagents & Consumables, Instruments & Accessories, Software & Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Companion Diagnostics, Research & Development, Clinical Diagnostics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luminex
- Thermo Fisher Scientific
- Illumina
- Bio-Rad Lab
- QIAGEN
- BD
- Abcam
- Seegene
- Meso Scale Diagnostics
- Randox Laboratories
Highlights of The Protein-based Multiplex Assays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reagents & Consumables
- Instruments & Accessories
- Software & Services
- By Application:
- Companion Diagnostics
- Research & Development
- Clinical Diagnostics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Protein-based Multiplex Assays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Protein-based multiplex assays are a type of assay that uses proteins as the analytes. These assays allow for the simultaneous detection of multiple proteins in a single sample. This is useful for detecting different types of diseases or abnormalities, and can be used to screen large numbers of samples quickly.
Some of the major companies in the protein-based multiplex assays market are Luminex, Thermo Fisher Scientific, Illumina, Bio-Rad Lab, QIAGEN, BD, Abcam, Seegene, Meso Scale Diagnostics, Randox Laboratories.
The protein-based multiplex assays market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Protein-based Multiplex Assays Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Protein-based Multiplex Assays Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Protein-based Multiplex Assays Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Protein-based Multiplex Assays Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Protein-based Multiplex Assays Market Size & Forecast, 2018-2028 4.5.1 Protein-based Multiplex Assays Market Size and Y-o-Y Growth 4.5.2 Protein-based Multiplex Assays Market Absolute $ Opportunity
Chapter 5 Global Protein-based Multiplex Assays Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Protein-based Multiplex Assays Market Size Forecast by Type
5.2.1 Reagents & Consumables
5.2.2 Instruments & Accessories
5.2.3 Software & Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Protein-based Multiplex Assays Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Protein-based Multiplex Assays Market Size Forecast by Applications
6.2.1 Companion Diagnostics
6.2.2 Research & Development
6.2.3 Clinical Diagnostics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Protein-based Multiplex Assays Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Protein-based Multiplex Assays Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Protein-based Multiplex Assays Analysis and Forecast
9.1 Introduction
9.2 North America Protein-based Multiplex Assays Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Protein-based Multiplex Assays Market Size Forecast by Type
9.6.1 Reagents & Consumables
9.6.2 Instruments & Accessories
9.6.3 Software & Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Protein-based Multiplex Assays Market Size Forecast by Applications
9.10.1 Companion Diagnostics
9.10.2 Research & Development
9.10.3 Clinical Diagnostics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Protein-based Multiplex Assays Analysis and Forecast
10.1 Introduction
10.2 Europe Protein-based Multiplex Assays Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Protein-based Multiplex Assays Market Size Forecast by Type
10.6.1 Reagents & Consumables
10.6.2 Instruments & Accessories
10.6.3 Software & Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Protein-based Multiplex Assays Market Size Forecast by Applications
10.10.1 Companion Diagnostics
10.10.2 Research & Development
10.10.3 Clinical Diagnostics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Protein-based Multiplex Assays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Protein-based Multiplex Assays Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Protein-based Multiplex Assays Market Size Forecast by Type
11.6.1 Reagents & Consumables
11.6.2 Instruments & Accessories
11.6.3 Software & Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Protein-based Multiplex Assays Market Size Forecast by Applications
11.10.1 Companion Diagnostics
11.10.2 Research & Development
11.10.3 Clinical Diagnostics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Protein-based Multiplex Assays Analysis and Forecast
12.1 Introduction
12.2 Latin America Protein-based Multiplex Assays Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Protein-based Multiplex Assays Market Size Forecast by Type
12.6.1 Reagents & Consumables
12.6.2 Instruments & Accessories
12.6.3 Software & Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Protein-based Multiplex Assays Market Size Forecast by Applications
12.10.1 Companion Diagnostics
12.10.2 Research & Development
12.10.3 Clinical Diagnostics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Protein-based Multiplex Assays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Protein-based Multiplex Assays Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Protein-based Multiplex Assays Market Size Forecast by Type
13.6.1 Reagents & Consumables
13.6.2 Instruments & Accessories
13.6.3 Software & Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Protein-based Multiplex Assays Market Size Forecast by Applications
13.10.1 Companion Diagnostics
13.10.2 Research & Development
13.10.3 Clinical Diagnostics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Protein-based Multiplex Assays Market: Competitive Dashboard
14.2 Global Protein-based Multiplex Assays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luminex
14.3.2 Thermo Fisher Scientific
14.3.3 Illumina
14.3.4 Bio-Rad Lab
14.3.5 QIAGEN
14.3.6 BD
14.3.7 Abcam
14.3.8 Seegene
14.3.9 Meso Scale Diagnostics
14.3.10 Randox Laboratories