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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Multiplexed Diagnostics Market
Request Now !Multiplexed diagnostics are used for biological sample examination and to complete a screening process in a single run. Multiplexed diagnostic tests are used to detect and diagnose a variety of diseases and infections, including cancer, allergies, autoimmune diseases, and cardiovascular diseases. The number of analytes examined in a single assay varies according to the technology of the multiplex equipment and can range from 5 to 10,000 analytes. Early detection of infectious disorders reduces the risk of infection and aids in the effective treatment of the condition.
Multiplexed diagnostic assays have advantages such as high accuracy and precision and can examine flaws and mutations in any functional biomolecule such as protein, RNA, and DNA.
COVID-19 Impact Analysis:
During the early phase of the COVID-19 pandemic, there was no availability of specific diagnostic tests to detect the virus in patients. Alternative diagnostic tests were used initially, which were not very effective.
The unavailability of specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global markets. These players achieved an edge over other diagnostics players capitalizing on the opportunity from the rise in demand for COVID-19 diagnostic tests, which, in turn, helps them in maintaining their revenues in such a crisis. Owing to such factors, COVID-19 is expected to have a significant impact on the multiplexed diagnostics market.
Top Impacting Factors:
Market Trends:
New Product Launches to Flourish Multiplexed Diagnostics Market
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