Microarray Market by Grade, by End-Use Industry and by Region - Global Trends and Forecasts to 2030


 The global microarray market size was USD 3.99 Billion in 2021 and is expected to register a revenue CAGR of 8.31% during the forecast period, according to latest analysis by Emergen Research. Increasing use of microarrays for diagnosis of genetic disorders and infectious diseases is a crucial factor driving market revenue growth.

Microarray is a key technology used in molecular biology for early detection of cancer, such as breast cancer and ovarian cancer by detecting mutations in genes, which may give rise to the disease. Rising incidence of breast cancer is a major factor contributing to revenue growth of the market. According to statistics of World Health Organization (WHO), around 2.3 million women were diagnosed with breast cancer and 685,000 patients died globally because of cancer, in 2020.

DNA microarrays enable easy and early detection of mutated genes, therefore allowing patients to obtain early treatment, which is increasing demand for system. Recently, researchers have developed coronavirus variant-based microarray platforms for estimating efficacy of vaccines developed against pathogen.

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The Global Microarray Market Research Report is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

Some major companies operating in the global market include Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Merck KGaA, PerkinElmer Inc., Arrayit Corporation, Illumina, Inc., Bio-Rad Laboratories, Inc., RayBiotech Life, Inc., Full Moon BioSystems, Inc., and CapitalBio Technology Co., Ltd.

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Emergen Research has segmented the global microarray market based on type, product, application, end-use, and region:

Type Outlook (Revenue, USD Billion; 2019-2030)

DNA Microarray

cDNA Microarray

BAC Microarray

SNP Microarray

Oligo Microarray

Protein Microarray

Analytical Protein Microarray

Functional Protein Microarray

Reverse-Phase Protein Microarray

Peptide Microarray

Product Outlook (Revenue, USD Billion; 2019-2030)

Consumables

Software and Services

Instruments

Others

Application Outlook (Revenue, USD Billion; 2019-2030)

Disease Diagnosis

Cancer Genome Analysis

Drug Discovery

Genome Sequencing

Expression Analysis

Toxicological Research

Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Pharmaceutical Industry

Biotechnology Industry

Academic and Research Laboratories

Diagnostic Centers

Others

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Key Questions Addressed in the Report:

Who are the leading players in the Microarray industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Microarray?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

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