×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

India Multiplex Assays Market

ID: MRFR/HC/51935-HCR
200 Pages
Garvit Vyas
February 2026

India Multiplex Assays Market Research Report: Size, Share, Trend Analysis By Applications (Clinical Diagnostics, Drug Discovery, Environmental Testing, Food Safety Testing, Genetic Research), By Technology (Luminex xMAP Technology, Magnetic Bead-Based Assays, Flow Cytometry, PCR, ELISA), By Platform (Microarray Platforms, Nucleic Acid Platforms, Protein Platforms, Cell-Based Platforms) andBy End Users (Hospitals, Laboratories, Research Institutions, Pharmaceutical Companies) - Growth Outlook & Industry Forecast 2025 To 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

India Multiplex Assays Market Infographic
Purchase Options

India Multiplex Assays Market Summary

As per Market Research Future analysis, the India multiplex assays market Size was estimated at 154.91 USD Million in 2024. The India multiplex assays market is projected to grow from 165.37 USD Million in 2025 to 317.87 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.7% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India multiplex assays market is poised for substantial growth driven by technological advancements and increasing healthcare demands.

  • Technological advancements are enhancing the capabilities and efficiency of multiplex assays in India.
  • The largest segment in the market is the clinical diagnostics segment, which is experiencing robust growth.
  • The fastest-growing segment is the research applications segment, reflecting a surge in research activities.
  • Key market drivers include the increasing prevalence of chronic diseases and government initiatives supporting healthcare advancements.

Market Size & Forecast

2024 Market Size 154.91 (USD Million)
2035 Market Size 317.87 (USD Million)
CAGR (2025 - 2035) 6.75%

Major Players

Thermo Fisher Scientific (US), Abbott Laboratories (US), Roche Diagnostics (CH), Agilent Technologies (US), Bio-Rad Laboratories (US), Merck KGaA (DE), PerkinElmer (US), Luminex Corporation (US), Qiagen N.V. (NL)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

India Multiplex Assays Market Trends

The multiplex assays market is experiencing notable growth, driven by advancements in technology and increasing demand for efficient diagnostic solutions. The rise in chronic diseases and the need for rapid testing methods are propelling the adoption of multiplex assays across various healthcare settings. These assays enable simultaneous detection of multiple targets, which enhances diagnostic accuracy and reduces time and costs associated with traditional testing methods. Furthermore, the integration of automation and digital technologies is streamlining laboratory workflows, thereby improving overall efficiency. In addition, the regulatory environment in India is evolving to support innovation in the multiplex assays market. Government initiatives aimed at enhancing healthcare infrastructure and promoting research and development are likely to foster a conducive environment for market expansion. Collaborations between public and private sectors are also emerging, which may lead to the development of novel assays tailored to meet local healthcare needs. As the market continues to mature, stakeholders are expected to focus on enhancing product offerings and expanding their reach to cater to the growing demand for multiplex testing solutions.

Technological Advancements

Recent innovations in assay technology are transforming the multiplex assays market. Enhanced sensitivity and specificity of assays are being achieved through the incorporation of advanced detection methods. This trend is likely to improve diagnostic capabilities, making it easier for healthcare providers to identify diseases at earlier stages.

Regulatory Support

The regulatory landscape is becoming increasingly favorable for the multiplex assays market. Government policies aimed at streamlining approval processes for diagnostic tests are expected to encourage the development and commercialization of new assays. This support may lead to a more robust market environment.

Rising Demand for Point-of-Care Testing

There is a growing trend towards point-of-care testing solutions within the multiplex assays market. The convenience and rapid results offered by these tests are appealing to both healthcare providers and patients. This shift is likely to drive innovation and investment in portable and user-friendly assay technologies.

India Multiplex Assays Market Drivers

Advancements in Biotechnology

The rapid advancements in biotechnology are significantly influencing the multiplex assays market. Innovations in molecular biology techniques, such as PCR and next-generation sequencing, have enhanced the capabilities of multiplex assays, allowing for more precise and rapid diagnostics. These technological improvements enable the simultaneous analysis of multiple targets, which is particularly beneficial in infectious disease detection and genetic testing. The Indian biotechnology sector is projected to reach $100 billion by 2025, indicating a robust growth trajectory that supports the multiplex assays market. As research institutions and diagnostic laboratories increasingly adopt these advanced technologies, the multiplex assays market is expected to experience substantial growth, driven by the demand for high-throughput and cost-effective testing solutions.

Government Initiatives and Funding

Government initiatives aimed at improving healthcare infrastructure and funding for research are crucial drivers for the multiplex assays market. The Indian government has launched various programs to enhance diagnostic capabilities, particularly in rural and underserved areas. For instance, the National Health Mission emphasizes the need for advanced diagnostic tools to improve healthcare access. Additionally, funding for research and development in diagnostics is on the rise, with the government allocating substantial resources to support innovation. This supportive environment is likely to foster the growth of the multiplex assays market, as new products and technologies emerge to meet the evolving healthcare needs of the population.

Increasing Prevalence of Chronic Diseases

The rising incidence of chronic diseases in India is a pivotal driver for the multiplex assays market. Conditions such as diabetes, cardiovascular diseases, and cancer are becoming increasingly prevalent, necessitating advanced diagnostic tools. Multiplex assays offer the ability to detect multiple biomarkers simultaneously, which is crucial for effective disease management. According to recent estimates, chronic diseases account for approximately 60% of all deaths in India, highlighting the urgent need for efficient diagnostic solutions. This growing health burden is likely to propel the demand for multiplex assays, as healthcare providers seek to enhance diagnostic accuracy and patient outcomes. The multiplex assays market is thus positioned to benefit significantly from this trend, as healthcare systems adapt to the increasing complexity of disease management.

Growing Awareness of Preventive Healthcare

There is a notable increase in awareness regarding preventive healthcare among the Indian population, which is driving the multiplex assays market. As individuals become more health-conscious, there is a growing demand for early detection and preventive measures against diseases. Multiplex assays facilitate this by enabling comprehensive screening for multiple conditions in a single test, thus promoting proactive health management. The market for preventive healthcare in India is expected to grow at a CAGR of over 20% in the coming years, indicating a shift towards more preventive approaches in healthcare. This trend is likely to enhance the multiplex assays market, as healthcare providers and patients alike seek efficient and effective diagnostic solutions.

Rising Investment in Healthcare Infrastructure

The increasing investment in healthcare infrastructure in India is a significant driver for the multiplex assays market. With the government and private sector focusing on expanding healthcare facilities, there is a growing need for advanced diagnostic tools. Multiplex assays are essential for modern laboratories, enabling them to handle a higher volume of tests with improved accuracy. The Indian healthcare market is projected to reach $372 billion by 2022, reflecting a strong commitment to enhancing healthcare services. This investment is likely to bolster the multiplex assays market, as more laboratories adopt these technologies to meet the rising demand for efficient and reliable diagnostic solutions.

Market Segment Insights

By Application: Clinical Diagnostics (Largest) vs. Drug Discovery (Fastest-Growing)

The India multiplex assays market demonstrates a diverse application spectrum, primarily dominated by the Clinical Diagnostics segment, which significantly leads in market share. Following closely are Drug Discovery, Environmental Testing, Food Safety Testing, and Genetic Research, although the latter five segments have been steadily building their presence in recent years. Growth in this segment is driven by technological advancements, increased funding in healthcare, and rising disease prevalence leading to a demand for efficient diagnostic tools. The Drug Discovery sector, in particular, is rapidly expanding due to its critical role in accelerating pharmaceutical development processes, making it a focal point for innovation and investment in the multiplex assays landscape.

Clinical Diagnostics (Dominant) vs. Genetic Research (Emerging)

Clinical Diagnostics stands out as the dominant application in the multiplex assays market, characterized by its extensive use in disease identification, monitoring, and management, which is crucial for improving public health outcomes. On the other hand, Genetic Research represents an emerging segment with profound implications for personalized medicine and biotechnological advancements. Genetic Research employs multiplex assays for complex genetic analyses, thereby enhancing research productivity. While Clinical Diagnostics thrives on established practices and technologies, Genetic Research is fueled by breakthroughs in genomics and the growing need for innovative solutions, indicating a healthy competition between established and emerging applications within the market.

By Technology: PCR (Largest) vs. Luminex xMAP Technology (Fastest-Growing)

In the India multiplex assays market, PCR technology holds the largest share, driven by its widespread application in diagnostics and research opportunities. Following closely is Luminex xMAP Technology, which is rapidly gaining traction due to its multiplexing capabilities and ease of use, appealing to both clinical and research settings. Magnetic Bead-Based Assays and Flow Cytometry also contribute significantly to the market, yet their share is not as pronounced as that of PCR and Luminex technologies. Growth trends indicate a steady increase in the adoption of multiplex assays, propelled by the rise in chronic diseases and the need for efficient diagnosis tools. The faster-growing Luminex xMAP Technology is benefiting from innovations in assay development and heightened interest in personalized medicine, while PCR continues to be the backbone of many diagnostic procedures. Integration of advanced technologies and expanding research funding are additional drivers for the segment's growth.

Technology: PCR (Dominant) vs. Luminex xMAP Technology (Emerging)

PCR technology is well-established in the India multiplex assays market, known for its accuracy and reliability in amplifying DNA, making it a crucial component in various applications ranging from clinical diagnostics to research. On the other hand, Luminex xMAP Technology is emerging as a powerful alternative, enabling simultaneous analysis of multiple analytes with a single sample, hence offering greater efficiency and reduced costs in testing. The growth of Luminex is being fueled by its flexibility and the increased demand for rapid, multiplexed testing options in both laboratory and point-of-care settings. While PCR remains dominant, the innovation and adaptability of Luminex xMAP Technology position it strongly for continued growth in the competitively evolving landscape of multiplex assays.

By Platform: Nucleic Acid Platforms (Largest) vs. Microarray Platforms (Fastest-Growing)

In the India multiplex assays market, the distribution among the platform segments is predominantly led by Nucleic Acid Platforms, which capture the largest share due to their applicability in various diagnostics. Microarray Platforms, however, are gaining traction, especially within research and clinical diagnostics, showcasing an impressive growth trajectory that signifies their expanding relevance. The growth trends within this segment are driven by technological advancements and increasing demand for personalized medicine. Additionally, the expansion of research initiatives focusing on genomics and proteomics significantly bolsters the prominence of these platforms. As healthcare providers seek more efficient diagnostic tools, the integration of these advanced platforms is expected to enhance diagnostic accuracy, paving the way for a more robust market landscape.

Nucleic Acid Platforms (Dominant) vs. Microarray Platforms (Emerging)

Nucleic Acid Platforms are recognized for their dominance in the India multiplex assays market due to their crucial role in molecular diagnostics, allowing for the detection of various genetic conditions and infectious diseases. They are characterized by high sensitivity and specificity, making them invaluable in clinical settings. On the other hand, Microarray Platforms are emerging as a significant player, fostering innovations in gene expression profiling and genotyping, and they are being increasingly adopted in research laboratories. The growing focus on disease prevention and early detection is likely to further bolster Microarray Platforms, especially as they offer comprehensive data analysis capabilities, thus enhancing researchers' ability to interpret complex biological information.

By End User: Hospitals (Largest) vs. Pharmaceutical Companies (Fastest-Growing)

In the India multiplex assays market, hospitals constitute the largest segment, holding a significant share due to their extensive demand for diagnostic and patient monitoring solutions. Laboratories follow closely, leveraging various multiplex assay technologies for commercial testing. Research institutions play a vital role as well, contributing to innovations and advancements in clinical applications. Meanwhile, pharmaceutical companies are increasingly integrating multiplex assays into their research and development workflows to enhance drug discovery and clinical trial processes. The growth trends in the end user segment are predominantly driven by an increasing focus on personalized medicine and the rising prevalence of chronic diseases. Hospitals are expanding their capabilities to adopt multiplex assays for rapid diagnosis and treatment decisions. Meanwhile, the pharmaceutical companies are projected to experience the fastest growth as they seek efficient methods to streamline their research processes. This shift signifies a greater emphasis on technology and efficiency across all sectors, ultimately improving healthcare outcomes.

Hospitals (Dominant) vs. Pharmaceutical Companies (Emerging)

Hospitals are the dominant players in the end user segment of the multiplex assays market, primarily due to their extensive patient base and the need for comprehensive testing solutions that support early diagnosis and targeted therapies. Their significant investments in diagnostic technologies continuously drive the market forward. On the other hand, pharmaceutical companies represent an emerging force in this segment, as they increasingly leverage multiplex assays to enhance their research productivity and clinical trial efficiencies. This shift is fueled by the need for innovative therapeutic solutions, as well as the integration of multiplex technologies in the R&D phases, allowing for better biomarker discovery and validation. Both segments are crucial in shaping the future of diagnostics and therapeutics.

Get more detailed insights about India Multiplex Assays Market

Key Players and Competitive Insights

The multiplex assays market in India is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficient diagnostic solutions. Key players such as Thermo Fisher Scientific (US), Abbott Laboratories (US), and Roche Diagnostics (CH) are at the forefront, leveraging their extensive portfolios and innovative capabilities. These companies focus on enhancing their product offerings through research and development, strategic partnerships, and regional expansions, which collectively shape a competitive environment that is both robust and evolving.
In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and improve supply chain efficiency. The market appears moderately fragmented, with several players vying for market share. However, the influence of major companies is significant, as they set industry standards and drive innovation. This competitive structure encourages smaller firms to adopt niche strategies or collaborate with larger entities to enhance their market presence.
In October 2025, Abbott Laboratories (US) announced the launch of a new multiplex assay platform designed to streamline the detection of multiple pathogens simultaneously. This strategic move is likely to enhance Abbott's competitive edge by addressing the growing need for rapid and accurate diagnostics in a single test, thereby appealing to healthcare providers seeking efficiency in patient management.
In September 2025, Roche Diagnostics (CH) expanded its collaboration with local Indian biotech firms to co-develop multiplex assays tailored for regional health challenges. This partnership not only strengthens Roche's foothold in the Indian market but also demonstrates a commitment to addressing specific local health needs, which could enhance its reputation and market share in the region.
In August 2025, Thermo Fisher Scientific (US) invested in a new manufacturing facility in India aimed at increasing production capacity for its multiplex assay products. This investment reflects a strategic focus on meeting the rising demand for diagnostic solutions in the region, while also positioning the company to respond swiftly to market fluctuations and customer needs.
As of November 2025, current trends in the multiplex assays market include a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence (AI) in diagnostic processes. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and enhancing product offerings. Looking ahead, it is anticipated that competitive differentiation will evolve, with a greater emphasis on technological advancements and supply chain reliability, rather than solely on price. This shift suggests a future where innovation and quality become the primary drivers of market success.

Key Companies in the India Multiplex Assays Market include

Industry Developments

Recent developments in the India Multiplex Assays Market reveal significant advancements and growth within the sector, primarily driven by increasing demand for accurate diagnostics amidst ongoing healthcare challenges. Companies like PerkinElmer and Abbott Laboratories are expanding their product portfolios to cater to the rising needs for multiplex assays in various applications, including infectious disease testing and cancer diagnostics.

In November 2022, Merck KGaA announced enhancements to its portfolio, ramping up offerings in life sciences that directly impact the multiplex assays market. Another notable event was Thermo Fisher Scientific's acquisition of a key diagnostics asset in June 2023, which reflects its commitment to bolstering its capabilities in India’s healthcare landscape.

The market is witnessing a robust growth trajectory, supported by advancements in technology and increased R&D investment by prominent players, including Roche Diagnostics and Qiagen. The market valuation for multiplex assays in India has been predicted to reach significant numbers in the upcoming years.

This is fueled by the need for rapid, reliable diagnostics and ongoing investments in healthcare infrastructure across the nation. The past couple of years have seen considerable interest and activity, elevating the importance of this market within the broader context of India's healthcare system.

Future Outlook

India Multiplex Assays Market Future Outlook

The Multiplex Assays Market in India is projected to grow at a 6.75% CAGR from 2025 to 2035, driven by technological advancements and increasing demand for rapid diagnostics.

New opportunities lie in:

  • Development of portable multiplex assay devices for point-of-care testing.
  • Expansion of multiplex assays in personalized medicine applications.
  • Partnerships with biotech firms for innovative assay development.

By 2035, the multiplex assays market is expected to achieve substantial growth and innovation.

Market Segmentation

India Multiplex Assays Market End User Outlook

  • Hospitals
  • Laboratories
  • Research Institutions
  • Pharmaceutical Companies

India Multiplex Assays Market Platform Outlook

  • Microarray Platforms
  • Nucleic Acid Platforms
  • Protein Platforms
  • Cell-Based Platforms

India Multiplex Assays Market Technology Outlook

  • Luminex xMAP Technology
  • Magnetic Bead-Based Assays
  • Flow Cytometry
  • PCR (Polymerase Chain Reaction)
  • ELISA (Enzyme-Linked Immunosorbent Assay)

India Multiplex Assays Market Application Outlook

  • Clinical Diagnostics
  • Drug Discovery
  • Environmental Testing
  • Food Safety Testing
  • Genetic Research

Report Scope

MARKET SIZE 2024 154.91(USD Million)
MARKET SIZE 2025 165.37(USD Million)
MARKET SIZE 2035 317.87(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.75% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Thermo Fisher Scientific (US), Abbott Laboratories (US), Roche Diagnostics (CH), Agilent Technologies (US), Bio-Rad Laboratories (US), Merck KGaA (DE), PerkinElmer (US), Luminex Corporation (US), Qiagen N.V. (NL)
Segments Covered Application, Technology, Platform, End User
Key Market Opportunities Advancements in multiplex assays technology enhance diagnostic capabilities and streamline clinical workflows.
Key Market Dynamics Rising demand for rapid diagnostics drives innovation and competition in the multiplex assays market.
Countries Covered India
Leave a Comment

FAQs

What is the expected market size of the India Multiplex Assays Market in 2024?

The India Multiplex Assays Market is expected to be valued at 116.5 million USD in 2024.

What will be the market size of the India Multiplex Assays Market by 2035?

By 2035, the market size of the India Multiplex Assays Market is projected to reach 355.69 million USD.

What is the expected compound annual growth rate (CAGR) for the India Multiplex Assays Market from 2025 to 2035?

The India Multiplex Assays Market is anticipated to have a CAGR of 10.68 percent from 2025 to 2035.

Which application segment will dominate the India Multiplex Assays Market in 2035?

The Clinical Diagnostics segment is expected to dominate the market, valued at 120 million USD by 2035.

What will be the market value for Drug Discovery in the India Multiplex Assays Market by 2035?

The Drug Discovery segment is projected to be valued at 86 million USD in 2035.

What is the market value of Environmental Testing in the India Multiplex Assays Market in 2024?

The Environmental Testing segment is expected to have a market value of 20 million USD in 2024.

Who are the key players in the India Multiplex Assays Market?

Major players include PerkinElmer, Merck KGaA, Abbott Laboratories, and other leading companies.

What is the expected value of Food Safety Testing by 2035 in the India Multiplex Assays Market?

The Food Safety Testing segment is projected to be valued at 45 million USD by 2035.

How much is the Genetic Research segment expected to be worth by 2035?

The Genetic Research segment is expected to reach a market value of 42 million USD by 2035.

What are the key growth drivers for the India Multiplex Assays Market?

Key growth drivers include advancements in technology and increasing demand for efficient diagnostics solutions.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions