The report for Global Microarray Analysis market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The Microarray Analysis Market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Microarrays is a powerful approach for the analysis of gene expression that can be used for various experimental purposes. Numerous types of microarray platforms are available for testing. Development of microarrays had improved results of genetic testing. The global microarrays analysis market is majorly driven by the increasing prevalence of cancer and rising need of research in pharmaceutical industries. Increasing prevalence of different chronic diseases, use of this techniques for the diagnosis of infectious diseases, development in the field of genetics and increasing healthcare expenditure; all these together have provided a push for this market’s growth. However, high cost of tests and need of high tech instruments may restrain growth of this market.
The Global Microarray Analysis Market is expected to grow at a CAGR 9.8% during the forecast period 2017-2023.
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Key Players for Microarray Analysis Market
Some major market players in Global Microarray Marker are as follows: Among many layers, some of the key player in the market are QIAGEN (Germany), Thermo Fisher Scientific, Inc. (US), Agilent Technologies (US), Applied Micro Arrays (US), Merck Sharp & Dohme Corp (US), Bio-Rad Laboratories, Inc. (US), PerkinElmer Inc. (US), Illumina, Inc. (US), Arrayit Corporation (US), BioGenex (US) and General Electric Company (UK).
The global microarrays analysis market is experiencing extreme competition as major companies are focusing on the development of the new and advance devices to overcome all disadvantages of available devices. Some of the leading players have adopted various strategies such as acquisitions and strategic alliances to grow in this market consequently leading to the growth of this market.
Qiagen, headquartered in Hilden, Germany, is a provider of sample and assay technologies for molecular diagnostics, applied testing, academic and pharmaceutical research. Ingenuity Pathway Analysis is a web-based software that enables analysis, integration, and understanding of data from gene expression, miRNA, and SNP microarrays. It is one of the most successful product of this company.
Thermo Fisher Scientific, headquartered in the US, is an American multinational biotechnology product development company. This company manufacturers different devices, kits and instruments used for genetic testing. Axiom 2.0 Reagent Kit, PharmacoScan Assay Kit, Clariom D Pico Assay are some of the major kits used in the microarrays analysis method.
Regional Analysis of Microarray Analysis Market
America accounts for the largest share in the global microarray analysis market owing to the presence of well-developed healthcare sector and government support for research & development. Europe is the second largest market of global microarray analysis which is followed by Asia Pacific. Presence of large cancer population and increasing need for better diagnostic treatment has driven the European market. Asia Pacific microarray analysis market is majorly occupied by Japan. India and China, these are the growing market of microarray analysis. Middle East & Africa have least share in this market.
Segmentation of Microarray Analysis Market
The global microarray analysis market is segmented into technology, consumables, services, application and end users.
On the basis of technology, the market is segmented into DNA microarray, PCR, NGS, SAGE, northern blotting and others.
On the basis of consumables, the market is segmented into DNA chips, DNA microarrays, protein microarrays, cellular microarrays, chemical compound microarrays, antibody microarrays and others. On the basis of services, the market is divided into gene profiling, bioinformatics and others.
On the basis of applications, the market is categorized into research, drug discovery, diagnostic and others.
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