The global multiplex biomarker imaging market is poised for explosive growth, reaching an estimated US$ 1,041.7 million by 2029, according to a new report by Future Market Insights (FMI). This translates to a significant leap from the US$ 475.2 million valuations in 2022, reflecting a robust Compound Annual Growth Rate (CAGR) of 11.9%.
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Combating Cancer with Precision: A Key Driver
This market expansion is primarily driven by the rising global incidence of cancer. Multiplex biomarker imaging emerges as a powerful tool in this fight, enabling a more precise approach to cancer diagnosis and treatment. By simultaneously analysing multiple biomarkers within a single tissue sample, this technology offers a more comprehensive understanding of the disease. This, in turn, empowers healthcare professionals to develop personalized treatment plans tailored to each patient’s unique needs, ultimately leading to better patient outcomes
Beyond Cancer: A Broader Impact
The benefits of multiplex biomarker imaging extend beyond oncology. This versatile technology holds promise for various applications, including:
- Neurological Disorders: More precise diagnosis and targeted therapies for neurodegenerative diseases like Alzheimer’s and Parkinson’s.
- Immunological Diseases: Improved understanding of immune system function for the development of effective treatments for autoimmune disorders.
- Drug Development: Faster and more efficient drug development processes by analysing the impact of potential therapies on various biomarkers.
Key Takeaways of Multiplex Biomarker Imaging Market Study:
- There is steady demand for immunofluorescence slide scanners, as these offer exceptionally high image quality, reliability, and speed for whole slide imaging.
- North America is anticipated to be an attractive market for multiplex biomarker imaging, owing to developed healthcare infrastructure, favorable government policies, and financial grants for laboratory research by the government
- Immunostaining is widely used in the diagnosis of abnormal cells, such as cancerous cells, and also assists in understanding the distribution and localization of biomarkers and differentially expressed proteins in different parts of a biological tissue.
- The commercial success of the multiplex biomarkers imaging market is highly dependent on cancer research studies, which could serve multiple purposes such as detection of cancerous cells, presence of necrotic agents, and assessment of structural and functional abnormalities in cellular anatomy.
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Key Companies Profiled:
- PerkinElmer Inc.
- Thermo Fisher Scientific, Inc.
- Bio-Rad Laboratories, Inc.
- Abcam plc.
- Merck KGaA
- Illumina Inc.
- Leica Biosystems Nussloch GmbH (Danaher Corporation)
- Ventana Medical Systems, Inc. (A F. Hoffmann-La Roche AG Subsidiary)
- Aushon BioSystems Ltd.
- MicroConstants, Inc.
- ToposNomos Ltd. (TNL)
Multiplex Biomarker Imaging Market Taxonomy:
The global multiplex biomarker imaging market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Component Type
- Instruments
- Quantitative Pathology Imaging Systems
- Immunofluorescence Slide Scanners
- Toponome Imaging Systems
- Multispectral Imaging Systems
- Software
- Services
- Installation & Integration Services
- Maintenance Services
Imaging Technique
- Immunohistochemistry (IHC) Assays
- Fluorescent In-Situ Hybridization (FISH) Assays
- Tissue Microarray (TMA) Assays
Application
- Research
- Clinical Diagnostics
End User
- Translation Laboratories
- Biopharmaceutical Companies
- Academic Institutes
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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