Microarray Analysis Market – Insights
Microarray is an advanced molecular biology technique for analyzing gene expression through information contained within a genome. Gene expression is the process by which genetic instructions are used to synthesize gene products. Microarray analysis plays a significant role in gene expression as any abnormalities in the gene can lead to critical disease. Global Microarray Analysis Market Research Report, By Types (DNA Microarray, Protein Microarray), Application (Research, Genotyping, Forensic), Product Type (Reagent, Primers, Buffer), End-User (Pharmaceuticals, Biotechnology) – Global Forecast Till 2027
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In microarray analysis, thousands of genes can be analyzed accurately. Furthermore, microarray analysis helps in gene discovery, toxicology research, diagnosis of chronic diseases, agricultural biology and microbial genotyping. Additionally, microarray analysis can be used for gene expression profiling, molecular interactions, biomarker profiling, enzyme activity, pathway identification and mutations.
The Global Microarray Analysis Market is chiefly driven by increasing prevalence of different chronic diseases and growing demand for research and development in pharmaceutical industries. Moreover, the benefits of microarray analysis like fast analysis, accurate process, easy to design and high-quality result-oriented research adds to market growth. Additionally, increasing healthcare expenditure, development in clinical research and diagnosis add fuel to the growth of microarray analysis market.
Microarray Analysis Market – Key Players
Some major market players in Global Microarray Marker are as follows:
- Affymetrix, Inc.
- Agilent Technologies, Inc.
- Sequenom, Inc.
- Roche NimbleGen
- Illumnia, Inc.
- Applied Microarrays
- Biome Rieux SA
- Gyros AB
- Luminex Corporation
- NextGen Sciences PLC
Drivers and Constraints Impacting the Market:
With the growing focus on drug discovery and development, increasing prevalence of genetic disorders coupled with growing demand for personalized medicines, the global market is likely to trigger during the forecast period. Microarray analysis is used to understand gene patterns in tumors and also detect cancer biomarker. Thus, the growing prevalence of cancer along with rising investment for cancer research is estimated to fuel the market growth.
On the flip side, high cost associated with diagnosis, inaccurate results, and contamination is estimated to inhibit the market growth in the coming years.
Microarray Analysis Market – Segmentation
The Global Microarray Analysis Market is segmented into consumables, application, technology, services and end users. On the basis of technology, the segmentation of the market includes PCR, DNA microarray, NGS, northern blotting, SAGE and others. The consumables-based segmentation of the market is segmented into DNA microarrays, DNA chips, protein microarrays, chemical compound microarrays, cellular microarrays, antibody microarrays and others. The segment based on services of the market consists of bioinformatics, gene profiling and others. The applications segment of the market is segmented into drug discovery, research, diagnostic and others.
Microarray Analysis Market – Regional Analysis
The American region is leading in global microarray analysis market owing to presence of advanced technology, well developed sector, government initiatives to increase research and development.
Europe is the second largest market for microarray analysis due to increasing research activities and increasing prevalence of chronic diseases.
Asia Pacific is also growing Microarray Analysis Market owing to increasing awareness about genetic diseases, improving health care expenditure and rising need for better diagnostic treatment options. In Asia Pacific region, this market is majority driven by India, Japan and china. Middle East and Africa is the least growing region in microarray analysis market.
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Table Of Contents
1.2 Scope Of The Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Microarray Analysis Market, By Technology
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