GERMANY MULTIPLEX ASSAY MARKET FORECAST 2024-2032
SCOPE OF THE REPORT
Germany Multiplex Assay Market by Product and Service (Reagents and Consumables, Instruments and Accessories, Software and Services) Market by Type (Protein-based Multiplex Assay, Nucleic Acid-based Multiplex Assay, Other Types) Market by Application (Research and Development, Clinical Diagnostics, Companion Diagnostics) Market by Technology (Multiplex Protein Microarray, Multiplex Pcr, Other Technologies) Market by End-user (Pharmaceutical & Biotechnology Companies, Research Institutes, Clinical Laboratories, Hospitals)
REPORTS » HEALTHCARE » DIAGNOSTIC DEVICES » GERMANY MULTIPLEX ASSAY MARKET FORECAST 2024-2032
MARKET OVERVIEW
The Germany multiplex assay market is expected to record a CAGR of 7.61% during the forecast period, 2024-2032, and is projected to garner a revenue of $563.11 million by 2032.
In Germany, the rising incidence of cancer is prompting the advancement of novel treatments, with a surge in the utilization of multiplex assays observed in both the drug development process and clinical trials. The Centre for Cancer Registry Data (ZfKD) routinely assesses and evaluates the annual count of new cancer cases in Germany using data sourced from state cancer registries.
Another significant catalyst is the escalating healthcare expenditure in Germany, which has exhibited a consistent upward trend over time. According to Eurostat data, healthcare spending in Germany reached 12.9% of the gross domestic product (GDP) in 2021, surpassing that of all 27 EU Member States.
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The Germany multiplex assay market segmentation includes product and service, type, end-user, technology, and application. The product and service segment includes reagents and consumables, instruments and accessories, and software and services.
Multiplex assays are employed across both research and development laboratories, as well as clinical diagnostic settings within hospitals. They utilize a variety of reagents and consumables to facilitate their function. One such reagent, the TaqMan Multiplex Master Mix by Thermo Fisher Scientific, allows for the detection of up to four targets in a single reaction, thereby streamlining reaction times. Additionally, Luminex provides a range of reagents, including LX200-CAL-K25, LX200-CON-K25, and xMAP Sheath Fluid.
Critical components utilized in multiplex assays include wash buffer, which is employed to cleanse the assay plate of unbound substances, and quality controls that are integrated into each multiplex kit to ensure assay accuracy. Standards and calibrators are employed to establish a standard curve, aiding in the quantification of targets in each sample. The serum matrix serves as a diluent for standards and controls, while antibody-immobilized beads are utilized in certain types of multiplex assays, such as those conducted by Luminex.
Taq DNA polymerase, a thermostable enzyme, is utilized to amplify DNA in polymerase chain reactions (PCR), while a cocktail of deoxynucleotide triphosphates (dNTPs) provides the necessary building blocks for new DNA strands. PCR reaction buffer creates the optimal environment for PCR reactions, and sets of primers bind to the target DNA sequence, initiating DNA synthesis. Template DNA contains the target sequence to be amplified.
Nuclease-free water, treated to remove nucleases that can degrade DNA and RNA, is used in assay preparations. TaqMan probes or SYBR green dye are employed for the detection of amplified DNA; the former binds to the target sequence and emits a fluorescent signal upon cleavage during amplification, while the latter fluoresces upon binding to double-stranded DNA.
Finally, the multiplexing buffer provides the optimal conditions for multiplex PCR, enabling the amplification of multiple target sequences within the same reaction.
Some of the prominent companies in the Germany multiplex assay market are Siemens Healthineers AG, Illumina Inc, Qiagen NV, etc.
Siemens Healthineers AG, formerly known as Siemens Healthcare GmbH, Siemens Medical Solutions, and Siemens Medical Systems, serves as the parent company for numerous medical technology firms. It maintains a connection to the larger entity, Siemens AG, and underwent a rebranding to ‘Siemens Healthineers’ in May 2016. The company’s portfolio encompasses the manufacturing of medical, surgical, ophthalmic, and veterinary instruments and apparatus, along with comprehensive imaging, diagnostics, advanced therapies, and services.
Siemens holds a dominant position in the imaging systems market and has been at the forefront of innovations in computed tomography, MRI, molecular imaging, ultrasound, and imaging IT. With headquarters in Erlangen, Bayern, Germany, its business footprint spans the Americas, Europe, the Commonwealth of Independent States (CIS), Africa, the Middle East, Asia, and Australia.
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2024-2032 |
Base Year | 2023 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Product and Service, Type, End-User, Technology, and Application |
Countries Analyzed | Germany |
Companies Analyzed | Agilent Technologies Inc, Becton, Dickinson and Company (BD), Bio-Rad Laboratories Inc, F. Hoffmann-La Roche Ltd, Illumina Inc, Qiagen NV, Siemens Healthineers AG, Thermo Fisher Scientific Inc |
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- MAJOR MARKET FINDINGS
- SOFTWARE AND SERVICES SECTOR EMERGES AS THE RAPIDLY EXPANDING PRODUCT & SERVICE SEGMENT
- PROTEIN-BASED MULTIPLEX ASSAY IS THE HIGHEST REVENUE-GENERATING TYPE
- RESEARCH & DEVELOPMENT APPLICATIONS DOMINATE MARKET SHARE
- MULTIPLEX PCR TECHNOLOGY DEMONSTRATES FASTER GROWTH
- PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES ARE MAJOR USERS OF MULTIPLEX ASSAYS
MARKET DYNAMICS
- KEY DRIVERS
- ESCALATING INCIDENCE OF CHRONIC DISEASES
- GROWING PREFERENCE FOR MULTIPLEX ASSAYS OVER CONVENTIONAL APPROACHES
- INCREASING ACCEPTANCE OF PERSONALIZED MEDICINE
- KEY RESTRAINTS
- OVERCOMING THE DIFFICULTY OF ESTABLISHING A SUFFICIENT ASSAY RANGE
- CHALLENGES ASSOCIATED WITH CROSS-REACTIVITY AND ASSAY INTERFERENCE
- SHORTAGE OF SKILLED PROFESSIONALS
- KEY DRIVERS
KEY ANALYTICS
- KEY MARKET TRENDS
- RISING DRUG DISCOVERY ENDEAVORS
- PROGRESS IN ASSAY PLATFORM TECHNOLOGY
- RAPID EXPANSION OF COMPANION DIAGNOSTICS
- PESTLE ANALYSIS
- POLITICAL
- ECONOMICAL
- SOCIAL
- TECHNOLOGICAL
- LEGAL
- ENVIRONMENTAL
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- MARKET CONCENTRATION ANALYSIS
- KEY BUYING CRITERIA
- COVERAGE OF ANALYTES
- RAPIDITY
- ABILITY TO MULTIPLEX
- USER-FRIENDLINESS
- AUTOMATION POTENTIAL
- VALUE CHAIN ANALYSIS
- RESEARCH AND DEVELOPMENT (R&D)
- MANUFACTURING AND PRODUCTION
- DISTRIBUTION AND SUPPLY CHAIN
- CLINICAL APPLICATION AND DATA ANALYSIS
- MARKET RESEARCH AND COMMERCIALIZATION
- KEY MARKET TRENDS
MARKET BY PRODUCT AND SERVICE
- REAGENTS AND CONSUMABLES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- INSTRUMENTS AND ACCESSORIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- SOFTWARE AND SERVICES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- REAGENTS AND CONSUMABLES
MARKET BY TYPE
- PROTEIN-BASED MULTIPLEX ASSAY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- NUCLEIC ACID-BASED MULTIPLEX ASSAY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER TYPES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PROTEIN-BASED MULTIPLEX ASSAY
MARKET BY APPLICATION
- RESEARCH AND DEVELOPMENT
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- CLINICAL DIAGNOSTICS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- COMPANION DIAGNOSTICS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- RESEARCH AND DEVELOPMENT
MARKET BY TECHNOLOGY
- MULTIPLEX PROTEIN MICROARRAY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- MULTIPLEX PCR
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER TECHNOLOGIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- MULTIPLEX PROTEIN MICROARRAY
MARKET BY END-USER
- PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- RESEARCH INSTITUTES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- CLINICAL LABORATORIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- HOSPITALS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- AGILENT TECHNOLOGIES INC
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- BECTON, DICKINSON AND COMPANY (BD)
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- BIO-RAD LABORATORIES INC
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- F. HOFFMANN-LA ROCHE LTD
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- ILLUMINA INC
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- QIAGEN NV
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- SIEMENS HEALTHINEERS AG
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- THERMO FISHER SCIENTIFIC INC
- COMPANY OVERVIEW
- PRODUCT PORTFOLIO
- STRENGTHS & CHALLENGES
- AGILENT TECHNOLOGIES INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – WOOD BASED PANEL
TABLE 2: GERMANY MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: GERMANY MULTIPLEX ASSAY MARKET, BY PRODUCT AND SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: GERMANY MULTIPLEX ASSAY MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: GERMANY MULTIPLEX ASSAY MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: GERMANY MULTIPLEX ASSAY MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: GERMANY MULTIPLEX ASSAY MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: GERMANY MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: GERMANY MULTIPLEX ASSAY MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: GERMANY MULTIPLEX ASSAY MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: GERMANY MULTIPLEX ASSAY MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: MARKET CONCENTRATION ANALYSIS
FIGURE 4: KEY BUYING CRITERIA
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: GERMANY MULTIPLEX ASSAY MARKET, GROWTH POTENTIAL, BY PRODUCT AND SERVICE, IN 2023
FIGURE 7: GERMANY MULTIPLEX ASSAY MARKET, BY REAGENTS AND CONSUMABLES, 2024-2032 (IN $ MILLION)
FIGURE 8: GERMANY MULTIPLEX ASSAY MARKET, BY INSTRUMENTS AND ACCESSORIES, 2024-2032 (IN $ MILLION)
FIGURE 9: GERMANY MULTIPLEX ASSAY MARKET, BY SOFTWARE AND SERVICES, 2024-2032 (IN $ MILLION)
FIGURE 10: GERMANY MULTIPLEX ASSAY MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023
FIGURE 11: GERMANY MULTIPLEX ASSAY MARKET, BY PROTEIN-BASED MULTIPLEX ASSAY, 2024-2032 (IN $ MILLION)
FIGURE 12: GERMANY MULTIPLEX ASSAY MARKET, BY NUCLEIC ACID-BASED MULTIPLEX ASSAY, 2024-2032 (IN $ MILLION)
FIGURE 13: GERMANY MULTIPLEX ASSAY MARKET, BY OTHER TYPES, 2024-2032 (IN $ MILLION)
FIGURE 14: GERMANY MULTIPLEX ASSAY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 15: GERMANY MULTIPLEX ASSAY MARKET, BY RESEARCH AND DEVELOPMENT, 2024-2032 (IN $ MILLION)
FIGURE 16: GERMANY MULTIPLEX ASSAY MARKET, BY CLINICAL DIAGNOSTICS, 2024-2032 (IN $ MILLION)
FIGURE 17: GERMANY MULTIPLEX ASSAY MARKET, BY COMPANION DIAGNOSTICS, 2024-2032 (IN $ MILLION)
FIGURE 18: GERMANY MULTIPLEX ASSAY MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2023
FIGURE 19: GERMANY MULTIPLEX ASSAY MARKET, BY MULTIPLEX PROTEIN MICROARRAY, 2024-2032 (IN $ MILLION)
FIGURE 20: GERMANY MULTIPLEX ASSAY MARKET, BY MULTIPLEX PCR, 2024-2032 (IN $ MILLION)
FIGURE 21: GERMANY MULTIPLEX ASSAY MARKET, BY OTHER TECHNOLOGIES, 2024-2032 (IN $ MILLION)
FIGURE 22: GERMANY MULTIPLEX ASSAY MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023
FIGURE 23: GERMANY MULTIPLEX ASSAY MARKET, BY PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, 2024-2032 (IN $ MILLION)
FIGURE 24: GERMANY MULTIPLEX ASSAY MARKET, BY RESEARCH INSTITUTES, 2024-2032 (IN $ MILLION)
FIGURE 25: GERMANY MULTIPLEX ASSAY MARKET, BY CLINICAL LABORATORIES, 2024-2032 (IN $ MILLION)
FIGURE 26: GERMANY MULTIPLEX ASSAY MARKET, BY HOSPITALS, 2024-2032 (IN $ MILLION)
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