Multiplex Assay Market Is Expected To Reach USD 3.87 Billion By 2030
San Francisco, 4 Aug 2023: The Report Multiplex Assay Market Size, Share & Trends Analysis Report By Product (Consumables, Software), By Application (R&D, Clinical Diagnostics), By Type, By Technology, By End-user, By Region, And Segment Forecasts, 2023 - 2030 The global multiplex assay market size is expected to reach USD 3.87 billion by 2030, registering a CAGR of 14.77% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of infectious diseases is boosting the usage of multiplex assays in clinical trials. For instance, according to the American Cancer Society in 2021, 1.9 million cancer cases were reported along with 6,08,570 deaths in the United States. Multiplex assay aids in the diagnosis of cancer and reduces unnecessary invasive producers. Thus, growing chronic diseases can boost the necessity of these assays and is anticipated to fuel market growth. The increasing adoption of personalized medicine in recent years is ano