Global Multiplex Assays Market

Mayurikathade14 Sep, 2020Business

Global Multiplex Assays Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 7.10 % during a forecast period. Growing prevalence of infectious diseases and cancer benefits offered by multiplex assays over singleplex assays, government and private funding for carrying out research and strategic acquisitions among market players are some of the driving factors behind growth of global multiplex assays market. On the other hand the high cost of instruments used to perform multiplex assays, lack of availability of diagnostic kits and lack of skilled labor are some of the factors limiting the market growth.