19-Feb-2024 | Zion Market Research
Zion Market Research has published a new report titled “Multiplex Biomarker Imaging Market by Application (Drug Safety, Oncology Studies, and Genetic Characterization Studies), by Imaging Techniques (Immuno Fluorescence (IF) Assay, Tissue Microarray (TMA) Assay, Immunohistochemistry (IHC) Assay, Fluorescent in the Situ Hybridization (FISH) Assay, and Toponome Imaging System (TIS)), and by End-User (Research Institutes Government & Private, Clinical Labs, and Pharmaceutical & Biotechnology): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032”. According to the report, the global multiplex biomarker imaging market was valued at approximately USD 469.57 million in 2023 and is expected to generate revenue of around USD 1,309.50 million by the end of 2032, growing at a CAGR of around 12.07% between 2024 and 2032.
Increasing demand for analysis of diseases and imaging has accelerated the growth of the multiplex biomarker imaging market over the estimated time. The multiplex biomarker imaging market is mainly driven by its prominent characteristics such as cost-effectiveness and better analysis features which include the analysis of thousands of tissues in a single turn.
Browse the full "Multiplex Biomarker Imaging Market by Application (Drug Safety, Oncology Studies, and Genetic Characterization Studies), by Imaging Techniques (Immuno Fluorescence (IF) Assay, Tissue Microarray (TMA) Assay, Immunohistochemistry (IHC) Assay, Fluorescent in the Situ Hybridization (FISH) Assay, and Toponome Imaging System (TIS)), and by End-User (Research Institutes Government & Private, Clinical Labs, and Pharmaceutical & Biotechnology): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032" report at https://www.zionmarketresearch.com/report/multiplex-biomarker-imaging-market
Furthermore, the multiplex biomarker imaging market is driven by the upsurge in demand for clinical diagnostics due to the invasion of chronic diseases. Multiplex biomarker imaging is a significant tool as it provides the expression of appropriate targetable surface markers, hemoglobin status, detection of exact tumor location, documentation of drug delivery, the presence of apoptosis, etc. However, the complex process and the ethical issues involved along with the stringent policies of the government are acting as the restraint for the multiplex biomarker imaging market and may affect its growth in the long term. Nonetheless, the reagent has significant potential for anticancer drug discovery by detecting the proteins that are prominent for regulating protein networks, which is likely to disclose new avenues for the market.
The global multiplex biomarker imaging market is divided into its application, imaging techniques, and end-user. On the basis of the application, the market is divided into drug safety, oncology studies, and genetic characterization studies.
Based on imaging techniques multiplex biomarker imaging market is categorized into immunofluorescence (IF) assay, tissue microarray (TMA) assay, immunohistochemistry (IHC) assay, fluorescent in the situ hybridization (FISH) assay, and toponome imaging system (TIS).
On the basis of the end user, the multiplex biomarker imaging market is segregated into research institutes government & private, clinical labs, and pharmaceutical & biotechnology.
Based on region, the global multiplex biomarker imaging market is segmented as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In the multiplex biomarker imaging market, North America is anticipated to dominate the regional segment. Furthermore, in the North American region, the U.S. is estimated to witness significant demand for prominent diagnostic reagents. Europe is estimated to be following in the footsteps of North America. Asia Pacific region is expected to be the significantly growing region for the multiplex biomarker imaging market over the forecast period. Additionally, Latin America and the Middle East & Africa will show moderate CAGR growth in the multiplex biomarker imaging market.
Some of the key players in multiplex biomarker imaging market include Thermo Fisher Scientific, PerkinElmer Inc., Bio-Rad Laboratories, Inc., Abcam Plc., US Biomax Inc., Merck KGaA, ToposNomos Ltd., MicroConstants, Inc., Aushon BioSystems Ltd., Ventana Medical Systems, Inc., Leica Biosystems Nussloch GmbH, Illumina Inc., and others.
This report segments the global multiplex biomarker imaging market as follows:
Global Multiplex Biomarker Imaging Market: By Application
Global Multiplex Biomarker Imaging Market: By Imaging Techniques
Global Multiplex Biomarker Imaging Market: By End-User
Global Multiplex Biomarker Imaging Market: By Region
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