Multiplex Assays Market Size and Share

Multiplex Assays Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Multiplex Assays Market Analysis by Mordor Intelligence

The Multiplex Assays Market size is estimated at USD 2.01 billion in 2025, and is expected to reach USD 4.01 billion by 2030, at a CAGR of 14.73% during the forecast period (2025-2030).

A growing commitment to precision medicine, breakthroughs in CRISPR-enabled diagnostics, and routine use of 40-plus-color flow cytometry platforms underpin this expansion. Clinical laboratories favor multiplex formats because they reduce sample requirements, shorten turnaround time, and control costs while delivering multi-parameter insights that singleplex approaches cannot match. Pharmaceutical sponsors are embedding biomarker-rich study designs into trials, and regulatory authorities are clearing ever-broader companion diagnostics that rely on multiplex detection. At the same time, hospitals are adopting syndromic panels for respiratory and sepsis testing to improve bedside decision-making and curb antimicrobial misuse, further propelling the multiplex assays market. 

Key Report Takeaways

  • By type, protein assays held 41.76% of multiplex assays market share in 2024, while nucleic-acid assays are forecast to grow at a 17.24% CAGR to 2030. 
  • By technology, flow cytometry led with 32.45% revenue share in 2024; mass cytometry is projected to expand at a 15.23% CAGR through 2030. 
  • By application, infectious disease diagnostics accounted for 38.87% of multiplex assays market size in 2024, whereas oncology and companion diagnostics will rise at a 16.56% CAGR between 2025-2030. 
  • By end-user, pharmaceutical and biopharmaceutical companies commanded 46.71% share of the multiplex assays market size in 2024, while contract research organizations are set to grow at 17.82% CAGR. 
  • By geography, North America dominated with 40.56% share in 2024, and Asia-Pacific is expected to achieve the fastest 16.89% CAGR during the forecast period.

Segment Analysis

By Type: Protein Assays Lead, Nucleic-Acid Gains Momentum

Protein panels accounted for 41.76% of multiplex assays market share in 2024, cementing their status in drug-target validation and clinical decision support. Bead-based immunoassays and proximity extension methods enable simultaneous quantification of hundreds of cytokines from microliter samples. The nucleic-acid category is set to log a 17.24% CAGR to 2030 as CRISPR and next-generation sequencing expand beyond oncology into transplant monitoring and infectious-disease genotyping. Cell-based formats serve immuno-oncology research, while integrated protein-gene workflows herald a multiomics future.

Integration trends reshape product design. Thermo Fisher’s Stellar mass spectrometer, introduced in 2024, delivers ten-fold better quantitative sensitivity, encouraging labs to pair proteomics with genomics on shared automation. Regulatory approval of broad genomic companion diagnostics validates large-scale multiplex sequencing, reinforcing investment in nucleic-acid innovation. As these forces converge, the multiplex assays market continues to diversify across molecular classes.

Multiplex Assays Market: Market Share by Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Technology: Flow Cytometry Dominance Challenged by Mass Cytometry Innovation

Flow cytometry delivered 32.45% of 2024 revenue, thanks to entrenched instrument fleets and extensive clinical guidelines. Spectral unmixing now resolves more markers per channel, extending platform life. Mass cytometry, however, is forecast to grow at 15.23% CAGR, leveraging metal-tagged antibodies to read over 100 parameters without spectral overlap. Standard BioTools’ CyTOF XT PRO exemplifies this push toward routine trial workflows.

Real-time PCR remains vital for respiratory and sepsis panels, whereas sequencing platforms capture oncology and rare-disease testing. Luminex xMAP satisfies high-throughput protein needs, and microarrays occupy niche gene-expression applications. Competitive gaps close rapidly as AI tools ease panel design and auto-gating, encouraging broader adoption of advanced flow and mass cytometry in clinical labs.

By Application: Infectious Disease Leadership Meets Oncology Growth

Infectious disease tests delivered 38.87% of multiplex assays market size in 2024, driven by hospital demand for one-swab respiratory panels that differentiate viral and bacterial pathogens within an hour. Similar panels for bloodstream infections reduce empiric antibiotic use and length of stay. Oncology and companion diagnostics will rise at a 16.56% CAGR, buoyed by targeted therapy pipelines that require comprehensive genomic characterization before prescription.

Autoimmune, allergy, and metabolic panels are gaining relevance as clinicians seek wider biomarker snapshots for chronic-care management. Siemens rolled out a seven-plex inflammation panel in 2024, underscoring crossover potential into primary-care settings. Drug-discovery programs also rely on multiplex readouts to streamline lead optimization and safety profiling, broadening the multiplex assays market footprint beyond diagnostics.

Multiplex Assays Market: Market Share by Application
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By End-User: Pharma Leadership Drives CRO Expansion

Drug makers represented 46.71% of demand in 2024, capitalizing on multiplex assays for biomarker-guided studies and regulatory filings. Contract research organizations, forecast to grow at 17.82% CAGR, attract sponsors aiming to outsource complex assay development and global sample logistics. BD and Quest Diagnostics partnered in 2024 on flow-cytometry companion diagnostics, showing how service alliances can meet rising throughput expectations.

Academic centers remain hubs for method development, while hospital labs execute routine panels that shape real-time clinical care. The “others” bucket—biotech start-ups, public health labs, and environmental testing—adds incremental volume and innovation, sustaining a healthy pipeline of niche applications.

Geography Analysis

North America captured 40.56% of 2024 revenue owing to early technology adoption and clear reimbursement paths. Thermo Fisher pledged USD 2 billion to expand U.S. manufacturing and R&D through 2029, reinforcing the region’s leadership. Europe follows, guided by IVDR mandates that standardize performance claims, though conformity-assessment bottlenecks slow some launches.

Asia-Pacific is poised for a 16.89% CAGR as China, Japan, and South Korea boost biopharma investment and update reimbursement codes for molecular profiling. Government grants fund local manufacturing of reagents and instruments, cutting import dependency. India’s hospital chains adopt multiplex sepsis panels to reduce mortality, illustrating emerging-market potential.

The Middle East and Africa region sees pilot rollouts of syndromic respiratory panels in tertiary centers, often backed by international aid. South America shows selective growth, with Brazil’s leading oncology hospitals installing mass cytometers for immunotherapy monitoring. Across regions, differing regulatory clocks and infrastructure maturity dictate tailored go-to-market plans for multiplex assay vendors.

Multiplex Assays Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

Moderate fragmentation persists, yet consolidation accelerates as large players buy specialized technologies. Thermo Fisher’s Olink deal added high-throughput proteomics to an already deep instrument lineup. BD’s decision to spin off Biosciences and Diagnostic Solutions reflects a sharpened focus on growth verticals.
Emerging entrants concentrate on point-of-care and AI-driven analytics. Start-ups commercialize CRISPR cartridges for 15-minute sepsis diagnosis, while academic spin-outs license isotopic bead coding to push multiplex limits past 1,000 proteins per assay. The FDA’s codification of multiplex nucleic-acid devices under 21 CFR 866.3365 creates predictable review lanes, favoring firms with robust clinical evidence. As data science melds with wet-lab workflows, competitive advantage now hinges on seamlessly integrated, cloud-enabled solutions.

Multiplex Assays Industry Leaders

  1. Bio-Rad Laboratories, Inc.

  2. Merck KGaA

  3. Quansys Biosciences Inc.

  4. Thermo Fisher Scientific

  5. Abcam plc.

  6. *Disclaimer: Major Players sorted in no particular order
Multiplex Assays Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Recent Industry Developments

  • June 2025: Illumina agreed to buy SomaLogic for USD 350 million to expand its proteomics portfolio and accelerate multiomics strategy.
  • April 2025: Thermo Fisher committed USD 2 billion to U.S. manufacturing and R&D over four years to bolster domestic supply chains and innovation.
  • March 2025: Beckman Coulter Life Sciences partnered with Rarity Bioscience to integrate superRCA mutation-detection chemistry with flow cytometry for high-throughput oncology research.

Table of Contents for Multiplex Assays Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Adoption Of Precision–Personalized Medicine
    • 4.2.2 Expanding Burden Of Chronic & Infectious Diseases
    • 4.2.3 Distinct Advantages Over Singleplex Assays
    • 4.2.4 Rise Of CRISPR-Powered Multiplex POC Panels
    • 4.2.5 Clinical Deployment Of 40-Plus-Color Flow Cytometry
    • 4.2.6 AI-Driven Assay Design & High-Dimensional Analytics
  • 4.3 Market Restraints
    • 4.3.1 High Capital Cost & Complex Workflows
    • 4.3.2 Stringent Multi-Jurisdictional Regulatory Pathways
    • 4.3.3 Shortage Of Bioinformatics Talent
    • 4.3.4 Supply-Chain Volatility Of Rare Dyes & Beads
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technology Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value-USD)

  • 5.1 By Type
    • 5.1.1 Cell-based multiplex assays
    • 5.1.2 Protein multiplex assays
    • 5.1.3 Nucleic-acid multiplex assays
    • 5.1.4 Bead-based immunoassays
  • 5.2 By Technology
    • 5.2.1 Multiplex real-time PCR
    • 5.2.2 Flow cytometry
    • 5.2.3 Bead-based xMAP/Luminex
    • 5.2.4 Next-generation sequencing-based
    • 5.2.5 Mass cytometry (CyTOF)
    • 5.2.6 Microarray & others
  • 5.3 By Application
    • 5.3.1 Infectious disease diagnostics
    • 5.3.2 Oncology & companion diagnostics
    • 5.3.3 Autoimmune & allergy testing
    • 5.3.4 Drug discovery & biomarker validation
    • 5.3.5 Others
  • 5.4 By End-User
    • 5.4.1 Pharmaceutical & biopharmaceutical companies
    • 5.4.2 Academic & research institutes
    • 5.4.3 Contract research organizations
    • 5.4.4 Hospitals & diagnostic laboratories
    • 5.4.5 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.3.1 Thermo Fisher Scientific
    • 6.3.2 DiaSorin
    • 6.3.3 Bio-Rad Laboratories
    • 6.3.4 Becton Dickinson & Company
    • 6.3.5 Illumina Inc.
    • 6.3.6 Merck KGaA
    • 6.3.7 Qiagen
    • 6.3.8 Revvity
    • 6.3.9 Abcam plc
    • 6.3.10 biomerieux SA
    • 6.3.11 Hologic Corporation
    • 6.3.12 Seegene Inc.
    • 6.3.13 Promega Corporation
    • 6.3.14 Quansys Biosciences
    • 6.3.15 Standard BioTools (Fluidigm)
    • 6.3.16 Olink Holding AB
    • 6.3.17 Siemens Healthineers
    • 6.3.18 Abbott Laboratories
    • 6.3.19 F. Hoffmann-La Roche Ltd
    • 6.3.20 Danaher Corp.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment

Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the multiplex assays market as all reagent kits, instruments, and associated software that enable the simultaneous quantitative or qualitative detection of two or more analytes, proteins, nucleic acids, or cells, in a single biological sample across research, clinical, and drug-development settings.

Scope exclusion: Single-analyte (singleplex) ELISA kits and dedicated next-generation sequencing platforms lie outside this market's boundary.

Segmentation Overview

  • By Type
    • Cell-based multiplex assays
    • Protein multiplex assays
    • Nucleic-acid multiplex assays
    • Bead-based immunoassays
  • By Technology
    • Multiplex real-time PCR
    • Flow cytometry
    • Bead-based xMAP/Luminex
    • Next-generation sequencing-based
    • Mass cytometry (CyTOF)
    • Microarray & others
  • By Application
    • Infectious disease diagnostics
    • Oncology & companion diagnostics
    • Autoimmune & allergy testing
    • Drug discovery & biomarker validation
    • Others
  • By End-User
    • Pharmaceutical & biopharmaceutical companies
    • Academic & research institutes
    • Contract research organizations
    • Hospitals & diagnostic laboratories
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia-Pacific
    • Middle East and Africa
      • GCC
      • South Africa
      • Rest of Middle East and Africa
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed laboratory managers, CRO method-development leads, IVD procurement heads, and regional distributors across North America, Europe, and Asia-Pacific. These conversations tested the desk assumptions on price erosion rates, panel size preferences, and adoption triggers, ensuring every key geography and customer cohort informed the final numbers.

Desk Research

We first mapped the universe of publicly available evidence from tier-1 bodies such as the U.S. FDA, European Medicines Agency, and WHO diagnostics list, followed by trade data from UN Comtrade and import duties published by U.S. ITC. Market fingerprints, annual flow cytometer installations, NIH grant values tagged 'multiplex assay,' and clinical trial records citing bead-based panels provided volume clues. Company 10-Ks, investor decks, and scientific journals (Journal of Proteomics, Clinical Chemistry) then helped us benchmark typical average selling prices. Proprietary look-ups on D&B Hoovers and Dow Jones Factiva supplied revenue splits and product launch timelines. The desk-research sources listed here are illustrative, not exhaustive.

Market-Sizing & Forecasting

A top-down reconstruction starts with global clinical and research spending on immunoassays, which is then trimmed by the historical share captured by multiplex formats and cross-checked through sampled supplier sales, bottom-up roll-ups of reagent kits multiplied by blended ASPs. Input variables such as installed flow cytometry base, average tests per instrument, protein panel price curves, regulatory clearances per year, and R&D funding growth feed an ARIMA-based forecast model. Where distributor mark-ups or gray-market imports cloud data, our team weights primary-sourced penetration estimates before finalizing totals.

Data Validation & Update Cycle

Model outputs undergo variance scans against external shipment statistics and anonymized distributor dashboards; anomalies trigger re-checks with experts before senior analyst sign-off. Reports refresh annually, and material events, like an FDA class-II recall, prompt interim updates, so clients always receive the latest view.

Why Mordor's Multiplex Assays Baseline Earns Decision-Makers' Trust

Published estimates often diverge because firms pick different product mixes, base-year currencies, or refresh cadences. By locking definitions to true multiplex functionality and using fresh 2024-25 inputs, Mordor keeps scope drift to a minimum.

Key gap drivers include competitors bundling singleplex ELISA kits, relying on static ASPs, or projecting growth straight-line from pre-pandemic trends; Mordor, meanwhile, layers panel size migration and reimbursement shifts into its forecast.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 2.01 B (2025) Mordor Intelligence -
USD 1.82 B (2024) Global Consultancy A Excludes cell-based assays; older ASP benchmarks
USD 3.68 B (2024) Industry Association B Includes singleplex kits; limited primary validation

Taken together, the comparison shows that Mordor's disciplined scope selection, mixed-method modeling, and rapid refresh cadence deliver a balanced, transparent baseline that decision-makers can replicate and trust.

Key Questions Answered in the Report

1. What is the current value of the multiplex assays market?

The multiplex assays market is valued at USD 2.01 billion in 2025 and is projected to double by 2030.

2. Which segment dominates multiplex assay types?

Protein multiplex assays lead with 41.76% market share due to their established role in biomarker validation.

3. Why are CRISPR-based multiplex panels important?

CRISPR workflows deliver fast, amplification-free detection, enabling point-of-care testing that meets modern infection-control demands.

4. Which region is growing fastest in multiplex assays adoption?

Asia-Pacific is set to expand at a 16.89% CAGR thanks to rising biopharma investment and supportive regulatory reforms.

5. What is the chief barrier to wider multiplex assay uptake?

High capital equipment costs and complex workflows remain the main hurdles, especially for smaller or resource-limited laboratories.

Page last updated on:

Multiplex Assays Report Snapshots