Global Multiple Reaction Monitoring Assay Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Assay Type;

Custom Assay, Human Discovery Assay, Human Cancer Assay, and Human Cardiovascular Assay.

By Application;

Biomarker Assessment, MRM-MS Quality Control, Platform Performance, and Workflow Performance.

By End-Users;

Hospitals, Diagnostic Centers, and Research Institutes.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn675168217 Published Date: April, 2025 Updated Date: May, 2025

Introduction

Global Multiple Reaction Monitoring Assay Market (USD Million), 2021 - 2031

In the year 2024, the Global Multiple Reaction Monitoring Assay Market was valued at USD 654.77 million. The size of this market is expected to increase to USD 933.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Global Multiple Reaction Monitoring Assay Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 654.77 Million
Market Size (2031)USD 933.69 Million
Market ConcentrationMedium
Report Pages308
654.77
2024
933.69
2031

Major Players

  • MRM Proteomics
  • Sigma Aldrich
  • Thermo Fisher Scientific
  • Alphalyse

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Multiple Reaction Monitoring Assay Market

Fragmented - Highly competitive market without dominant players


The Global Multiple Reaction Monitoring (MRM) Assay Market is witnessing robust growth, largely driven by the increasing need for precision proteomics in biomedical research and clinical diagnostics. MRM assays are highly valued for their exceptional specificity and sensitivity, making them essential for accurate protein quantification. Currently, over 60% of proteomics researchers favor MRM-based methods, given their ability to deliver reproducible, cost-effective data for biomarker validation and disease mechanism studies.

Technological Advancements in Mass Spectrometry
The widespread adoption of MRM assays is significantly supported by continuous advancements in mass spectrometry (MS) technologies. Innovations in high-resolution MS systems have dramatically improved analytical capabilities, reducing detection limits and increasing throughput. Approximately 70% of MRM assay users report enhanced data precision and faster analysis times with these cutting-edge MS platforms, underscoring their critical role in the evolving proteomics landscape.

Broadening Role in Drug Development
MRM assays have become indispensable in drug development, aiding in precise drug-target interaction studies, biomarker discovery, and pharmacokinetic profiling. Pharmaceutical companies now incorporate MRM assays in over 55% of preclinical and clinical trials, reflecting the growing reliance on these technologies for efficient drug candidate screening and therapeutic monitoring.

Personalized Medicine Driving Market Expansion
The growing emphasis on personalized medicine has further boosted MRM assay adoption, as these assays provide a precise approach to measuring disease-related proteins, enabling more tailored therapeutic strategies. Nearly 40% of precision medicine programs now rely on MRM assays as a fundamental analytical tool, highlighting their critical role in advancing personalized healthcare and improving patient outcomes.

Academic and Research Institutions
Academic and research institutions continue to be major contributors to the MRM assay market, accounting for over 65% of all purchases. This trend is driven by ongoing efforts to decode complex biological processes and identify novel therapeutic targets, ensuring steady market growth and continuous innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Assay Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Users
    4. Market Snapshot, By Region
  4. Global Multiple Reaction Monitoring Assay Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Improved accuracy
        2. Expanded applications
        3. Regulatory support
        4. Increasing awareness
        5. Favorable reimbursement policies
      2. Restraints
        1. Challenges in data interpretation
        2. Competition from alternative technologies
        3. Infrastructure limitations
        4. Concerns regarding sample preparation
        5. Limited standardization
      3. Opportunities
        1. Automation of workflows
        2. Development of user-friendly platforms
        3. Expansion of academic research
        4. Increasing focus on precision medicine
        5. Adoption of cloud-based solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Multiple Reaction Monitoring Assay Market, By Assay Type, 2021 - 2031 (USD Million)
      1. Custom Assay
      2. Human Discovery Assay
      3. Human Cancer Assay
      4. Human Cardiovascular Assay
    2. Global Multiple Reaction Monitoring Assay Market, By Application, 2021 - 2031 (USD Million)
      1. Biomarker Assessment
      2. MRM-MS Quality Control
      3. Platform Performance
      4. Workflow Performance
    3. Global Multiple Reaction Monitoring Assay Market, By End-Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Centers
      3. Research Institutes
    4. Global Multiple Reaction Monitoring Assay Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. MRM Proteomics
      2. Sigma Aldrich
      3. Thermo Fisher Scientific
      4. Alphalyse
  7. Analyst Views
  8. Future Outlook of the Market