Microarray Analysis Market size and Key Trends in terms of volume and value till 2023

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Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Microarray Analysis Market Research Report – Global Forecast till 2023” Gives industry size, top players and worldwide demand

Market Scenario

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.

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The global microarray analysis market is expected to grow at a CAGR 9.8% during the forecast period 2017-2023.

Intended Audience

  • Microarray manufacturer
  • Microarray supplier
  • Research & development (R&D) companies
  • Independent research laboratories
  • Market research and consulting service providers
  • Medical research laboratories
  • Academic medical institutes and universities

Segmentation

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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Regional Analysis

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.

Key Players
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). 

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