Global Multiplex Assay Market Size & Outlook, 2023-2030
Global multiplex assay market, 2018-2030 (US$M)
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Global multiplex assay market highlights
- The global multiplex assay market generated a revenue of USD 1,682.2 million in 2023 and is expected to reach USD 4,412.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.8% by 2030.
- In terms of segment, consumables accounted for a revenue of USD 1,250.7 million in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,682.2 million |
| Market revenue in 2030 | USD 4,412.7 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software |
Other key industry trends
- In terms of revenue, the North America accounted for 36.6% of the global multiplex assay market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 304.6 million by 2030.
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Multiplex Assay Market Scope
Multiplex Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global multiplex assay market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to multiplex assay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 74.35% in 2023. Horizon Databook has segmented the Global multiplex assay market based on consumables, instruments, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Multiplex Assay Product Outlook (Revenue, USD Million, 2018-2030)
- Consumables
- Instruments
- Software
- Global Multiplex Assay Type Outlook (Revenue, USD Million, 2018-2030)
- Protein Multiplex Assays
- Planar Protein Assays
- Bead-Based Protein Assays
- Nucleic Acid Multiplex Assays
- Nucleic Acid Planer Protein Assays
- Nucleic Acid Bead-Based Protein Assays
- Cell-Based Multiplex Assays
- Protein Multiplex Assays
- Global Multiplex Assay Technology Outlook (Revenue, USD Million, 2018-2030)
- Flow Cytometry
- Fluorescence Detection
- Luminescence
- Multiplex Real-Time PCR
- Other Technologies
- Global Multiplex Assay Application Outlook (Revenue, USD Million, 2018-2030)
- Research & Development
- Drug Discovery & Development
- Biomarker Discovery & Validation
- Clinical Diagnostics
- Infectious Diseases
- Cancer
- Cardiovascular Diseases
- Autoimmune Diseases
- Nervous System Disorders
- Metabolism & Endocrinology Disorders
- Other Diseases
- Research & Development
- Global Multiplex Assay End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical & Biotechnology Companies
- Hospitals & Diagnostic Laboratories
- Research & Academic Institutes
- Other End-users
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Target buyers of Global multiplex assay market databook
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Our clientele includes a mix of multiplex assay market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global multiplex assay market , including forecasts for subscribers. This global databook contains high-level insights into Global multiplex assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global multiplex assay market size, by regions, 2018-2030 (US$M)
Top 10 countries: Multiplex assay market size, 2023 (US$M)
Global multiplex assay market share, by product, 2023 & 2030 (%, US$M)
Multiplex assay market: Opportunity assessment by country
Global multiplex assay market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 286.1 | 313.2 | 1,034.3 | 1,233.4 | 926.3 | 616.4 | 660.3 | 710.6 | 772.9 | 857.8 | 981.6 | 1,169.8 | 1,467.5 | 13.2% |
| Europe | 242.6 | 266.4 | 882.6 | 1,057.1 | 798.0 | 533.9 | 575.8 | 623.9 | 684.0 | 764.6 | 881.5 | 1,057.5 | 1,336.8 | 14.0% |
| Asia Pacific | 177.5 | 194.6 | 645.1 | 775.5 | 589.2 | 398.8 | 437.2 | 483.8 | 546.3 | 632.4 | 760.7 | 954.5 | 1,261.3 | 17.9% |
| Latin America | 35.9 | 39.6 | 132.0 | 158.9 | 120.4 | 80.9 | 87.7 | 95.6 | 105.5 | 119.0 | 138.6 | 167.9 | 214.5 | 14.9% |
| MEA | 23.7 | 26.0 | 86.3 | 103.4 | 77.9 | 52.1 | 56.1 | 60.8 | 66.7 | 74.7 | 86.5 | 104.4 | 132.6 | 14.3% |
| Overall | 765.8 | 839.8 | 2,780.3 | 3,328.2 | 2,511.8 | 1,682.2 | 1,817.1 | 1,974.6 | 2,175.5 | 2,448.5 | 2,848.8 | 3,454.2 | 4,412.7 | 14.8% |
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