(Australia-NewsWire.Com, December 07, 2017 ) According to the Asia Pacific Multiplex Assays market Research report, the market is anticipated to grow at a 8.41% CAGR from 2016 to 2021 and it is estimated that the Asia-Pacific market was valued at USD 0.56 billion in 2016 and is expected to reach USD 0.84 billion by 2021.
A multiplex assay is a type of assay that used in research to simultaneously measure multiple analytes simultaneously in a single run. It is different from the procedures that measure only one analyte at a time. They are extensively used in experiments involving functional genomics. These experiments are attempted to detect or to assay the state of all biomolecules of a given class (e.g., mRNAs, proteins) in a biological sample, to determine the effect of an experimental treatment or the effect of a DNA mutation over all of the biomolecules or pathways in the sample. The skill to perform multiplex assay experiments measuring large numbers of biomolecular analytes can be credited to the completion of the human genome sequence and that of many other model organisms.
This is can be credited to the increasing geriatric population, rising prevalence of cataract, and increasing government initiatives to eliminate avoidable blindness. Moreover, increase in adoption of premium lens due to their enhanced visual performance ensures reduced rates of astigmatism, thus boosting the growth of the market. However, unfavorable reimbursement schemes and postoperative complications such as refractive errors are expected to have a negative impact on the market growth.
Market Segmentation o Product Introduction Consumables Instruments Accessories Software and Services Y-o-Y Growth Analysis, By Product Market Attractiveness Analysis, By Product Market Share Analysis, By Product o Type Introduction Nucleic Acid-Based Multiplex Assays o Planar Nucleic Acid Assays o Bead-Based Nucleic Acid Assays Protein-Based Multiplex Assays o Planar Protein Assays o Bead-Based Protein Assays Y-o-Y Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type o Application Introduction Research & Development o Drug Development o Biomarker Discovery and Validation o Infectious Diseases o Cancer o Cardiac Diseases o Autoimmune Diseases o Alzheimers Disease o Allergies Companion Diagnostics Other Applications Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application o Technology Introduction Multiplex Pcr Multiplex Arrays o Multiplex Planar Arrays o Multiplex Bead-Based Array Other Technologies Y-o-Y Growth Analysis, By Technologies Market Attractiveness Analysis, By Technologies Market Share Analysis, By Technologies o End Use Introduction Pharmaceutical & Biotechnology Companies Academic & Research Institutes Clinical Laboratories Hospitals Other End Users Y-o-Y Growth Analysis, By End Use Market Attractiveness Analysis, By End Use Market Share Analysis, By End Use
On the basis of geography, the market is analyzed under various regions India, China, Japan, South Korea and Australia. Asia-pacific is expected to witness the highest growth rate in the coming years owing to developing countries like India and China. Factors such as increasing number of patient population, increase in the prevalence of Alzheimer patients, and significant rise in research & development activities in pharmaceuticals for the treatment of diseases, such as cancer and Alzheimers.
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