How Custom Assays Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Custom Assays Market Latest Edition Published with Forecast to 2027


According to the report, The increasing demand for multiplex assays is one of the primary growth factors for the market. Rise In Research and Development Activities in Life Science and Biotechnology Industry is also expected to contribute significantly to the Custom Assays market. Overall, Academic and Research Institutes applications of Custom Assays, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Flow Cytometry, is boosting the Custom Assays market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Custom Assays market identified that the demand is rising in many different parts of the world as "The Emergence of the Biochip Technology Creating Strong Opportunities for the Service Providers in the Market". Furthermore, some recent industry insights like "In October 2023, Thermo Fisher Scientific, a leading provider of scientific instruments and consumables, has launched a new custom assay development platform called SureSight Custom Assays. The platform is designed to help researchers develop and validate custom assays more quickly and efficiently." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Custom Assays market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Custom Assays market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Custom Assays market size is calculated using market estimation process, the Custom Assays market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Custom Assays market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager