Multiplexed Diagnostic Market to Surpass US$ 15.5 Billion Threshold by 2025

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Global Multiplexed Diagnostic Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 20172025

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REPORT DESCRIPTION Global Multiplexed Diagnostic Market – Overview Multiplexed diagnostics are used in investigation of biological samples, which are capable of completing a screening process with a single run. Multiplexed diagnostic assays are involved in the detection and diagnosis of different diseases and infections, which include cancers, autoimmune diseases, allergies, and cardiovascular diseases. Assays performed in multiplex diagnostics include high density multiplexed assays, medium density multiplexed assays, low density multiplexed assays, and next-generation sequencing assays. Early diagnosis can minimize the risk factors associated with chronic diseases/infection and helps in proper treatment management. Moreover, multiplexed diagnostic assays have advantages, such as time efficiency and highly precise accuracy, which can analyze defects and mutations in any functional biomolecules (DNA, RNA, and protein). According to the Centers for Disease Control and Prevention (CDC), 2014, around 236,968 women are diagnosed with breast cancer. Increasing demand for early diagnosis of infection/diseases needs rapid multiplexed diagnostic tools, which is expected to boost the growth of the multiplexed diagnostic market. The global multiplexed diagnostic market is estimated to be valued at US$ 8,698.0 in 2017 and is expected to witness a CAGR of 7.9% during the forecast period (2017 – 2025). © Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION

Global Multiplexed Diagnostic Market Taxonomy: The multiplexed diagnostic market is gaining significant traction due to the rising prevalence of autoimmune diseases. According to the Centers for Disease Control and Prevention (CDC), the prevalence of arthritis from 2013 to 2015, was estimated in 54 million U.S adults (22.7%) and by 2040, it is expected to be 78 million (26%) U.S adults age 18 years or older. The data represent the high prevalence of autoimmune diseases, indicating the need of advance diagnostic measures, which is expected to boost the growth of the multiplexed diagnostic market. Furthermore, introduction of technological advancement of multiplexed diagnostics is a major factor contributing to the market growth. For instance, IQuity launched RNA-based diagnostic test based on RT-PCR assay approved by U.S. Food and Drug Administration (FDA) in May 2017. RNA-based diagnostic test is used for detection of multiple sclerosis, which provides accuracy by 90%. However, the high cost of diagnostic procedures is a major restraining factor for the multiplexed diagnostic market. Sample Copy Of This Report: https://www.coherentmarketinsights.com/insight/request-sample/983 Š Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Global Multiplexed Diagnostic Market: Key Players ●

Luminex Corporation.

Thermo Fisher.

Illumine Inc.

Bio-Rad Laboratories, Inc.

Qiagen N.V.

Abbott Laboratories.

Siemens Healthineers.

Agilent technologies.

BioMerieux SA.

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