How the Multiplex PCR Assays Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Multiplex PCR Assays Market?
Increasing demand for diagnostic tests is anticipated to drive the multiplex PCR assay market. Diagnostic testing is essential for identifying diseases early, especially chronic ones like cancer and diabetes. Multiplex PCR assays enhance test efficiency by detecting multiple markers at once. The NHS reported a 21% increase in diagnostic tests in May 2024 compared to 2023, with 2.4 million tests conducted that month. Thus, the demand for diagnostics is aiding the multiplex PCR assay market.
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#What is the Growth Potential of the Multiplex PCR Assays Market, and How Will It Perform by 2034?
The multiplex PCR assays market has grown rapidly, rising from $1.51 billion in 2024 to $1.72 billion in 2025 at a CAGR of 13.6%, influenced by infectious disease rates, government support, clinical use, genetic testing, academic applications, bioinformatics advances, and healthcare spending.
The multiplex PCR assays market is projected to grow to $2.83 billion by 2029 with a CAGR of 13.4%. Factors contributing to this growth include expanded application areas, rising demand for point-of-care diagnostics, increased focus on precision medicine, and the need for reliable diagnostic tests. Trends include NGS integration, companion diagnostics, digital PCR technology, and AI/ML applications.
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What Are the Most Significant Market Trends Transforming theMultiplex PCR Assays Market?
Major companies in the multiplex PCR assays market are incorporating automation in next-generation qPCR systems for improved diagnostics. In November 2023, Roche Diagnostics Corporation, a Switzerland-based diagnostics firm, launched the LightCycler PRO System. This qPCR system enables accurate, simultaneous detection of multiple targets and is compatible with over 200 LightMix Modular and 60 CE-IVD assays, enhancing clinical and public health diagnostics.
What Are the Top Market Players Propelling the Growth of theMultiplex PCR Assays Industry?
Major companies operating in the multiplex PCR assays market are F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, Abbott Laboratories, Danaher Corporation, Merck KGaA, Siemens Healthineers, Becton Dickinson and Company, Agilent Technologies Inc, PerkinElmer Inc, Illumina Inc, Sysmex Corporation, Bio-Rad Laboratories Inc, QIAGEN NV, Tecan Group Ltd, DiaSorin SpA, Bio-Techne Corporation, Promega Corporation, Randox Laboratories Ltd, BioFire Diagnostics Inc, Seegene Inc, Quanterix Corporation, NanoString Technologies, Standard BioTools Inc, Enzo Biochem Inc, SeraCare Life Sciences Inc, Agena Bioscience, Fluidigm Corporation
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Which Primary Segments of the Multiplex PCR Assays Market Are Driving Growth and Industry Transformations?
The multiplex pcr assays market covered in this report is segmented –
1) By Assay Type: Planar Assay, Bead Based Assay
2) By Product And Services: Consumables, Instruments, Software And Services
3) By Application: Disease Diagnosis, Research And Development, Other Applications
4) By End User: Biopharmaceutical Companies, Clinical Research Organizations, Academic Research Institutes, Diagnostic Centers, Other End Users
Subsegments:
1) By Planar Assay: Microarray-Based Assays, Dna Chip-Based Assays
2) By Bead Based Assay: Luminex Xmap Assays, Magpix Assays, Flow Cytometry-Based Bead Assays
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Multiplex PCR Assays Market?# Market?
North America was the largest region in the multiplex PCR assays market in 2024. The regions covered in the multiplex PCR assays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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