Global Multiplexed Diagnostics Market 2018-2022
About Multiplexed Diagnostics
Multiplexed diagnostics refer to the procedure used to analyze multiple analytes in a single cycle of the assay procedure. Multiplexed diagnostics can diagnose and run multiple tests on specimens. These tools are evolved from diagnostic assays that screen a single analyte in a single run of the assay procedure.
Technavio’s analysts forecast the Global Multiplexed Diagnostics Market to grow at a CAGR of 15.23% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the multiplexed diagnostics market. To calculate the market size, the report considers the revenue generated from the retail sales of multiplexed diagnostic equipment across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Multiplexed Diagnostics Market 2018-2022
Technavio recognizes the following companies as the key players in the global multiplexed diagnostics market: Agilent Technologies, BD, BioMerieux, Merck KGaA, Roche, Siemens, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increasing technological advances. Advances in genetic and genomic technologies have increased the use of oncology biomarkers in clinical decision making which is expected to boost the demand for multiplexed diagnostics over the next few years.”
According to the report, one driver influencing this market is the high prevalence of chronic and infectious diseases. Factors like sedentary lifestyle and sub-optimal diagnostic facilities in developing countries is increasing the incidences of chronic diseases which is expected to fuel the demand for multiplexed diagnostics over the next five years.
Further, the report states that one challenge affecting this market is the lack of skilled professionals. Most of the critical diagnostic tests are performed by skilled professionals and most of diagnostic professionals and laboratory technicians in developing countries lack the knowledge required to use multiplexed diagnostic tests.
Thermo Fisher Scientific
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