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EUROPE MULTIPLEX ASSAY MARKET FORECAST 2021-2028

EUROPE MULTIPLEX ASSAY MARKET FORECAST 2021-2028

  • July 2021
  • 156 pages
  • ID: 5830536
  • Format: PDF
  • Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The Europe multiplex assay market is evaluated to register a CAGR of 8.37% during the estimated period of 2021 to 2028. Factors such as the increase in healthcare expenditure, the growing focus of the European government towards technological advancements in medical devices, the rapidly rising geriatric population, and the well-established presence of healthcare systems predominantly propel the region’s market growth.

MARKET INSIGHTS
The Europe multiplex assay market growth assessment constitutes the study of Russia, Belgium, the United Kingdom, Italy, France, Poland, Germany, and the rest of Europe.As per the data issued by the Association of the British Pharmaceutical Industry, pharmaceuticals constitute the highest research and development expenditure sector in the country.

The COVID-19 outbreak has encouraged the United Kingdom’s pharmaceutical industry to develop numerous therapeutic interventions, as well. Hence, the vigorous research and development activities undertaken in the country are anticipated to increase the demand for multiplex assays.
On the other hand, according to the World Bank Group, 1.35% of the total gross domestic product (GDP) in 2017 was spent on research and development spending. As one of the most significant economies across Europe, Italy is anticipated to raise its expenditure on research and development, in addition to the adoption of numerous devices, thereby fueling the demand for multiplex assay. Furthermore, with the increase in healthcare expenditure, the access to healthcare and diagnoses increases, with a subsequent rise in the need for diagnostics. Therefore, these factors are set to play a vital role in augmenting the market growth in Europe during the forecasted years.

COMPETITIVE INSIGHTS
Some of the top companies operating in the market are F. Hoffmann-La Roche, Siemens Healthineers AG, Agilent Technologies Inc, etc.

Our report offerings include:
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• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ABCAM
2. AGILENT TECHNOLOGIES INC
3. BECTON, DICKINSON AND COMPANY (BD)
4. BIO-RAD LABORATORIES INC
5. BIO-TECHNE CORPORATION
6. F. HOFFMANN-LA ROCHE
7. ILLUMINA INC
8. LUMINEX CORPORATION
9. MERCK MILLIPORE
10. OLINK PROTEOMICS AB
11. QIAGEN NV
12. RANDOX LABORATORIES LTD
13. SEEGENE INC
14. SIEMENS HEALTHINEERS AG
15. THERMO FISHER SCIENTIFIC INC

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