The new report by Expert Market Research titled, ‘Global DNA Microarray Market Size, Share, Demand, Report and Forecast 2022-2027’, gives an in-depth analysis of the global DNA microarray market, assessing the market based on its segments like type, product outlook, end user, application, and major regions.
DNA Microarray Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2017-2027)
Historical Market Size (2021): USD 4.20 billion
Forecast CAGR (2022-2027): 10.6%
Forecast Market Size (2026): USD 7.67 billion
|Market Size in 2021||USD 4.20 billion|
|Revenue Forecast in 2027||USD 7.67 billion|
|Growth Rate CAGR||10.6%|
|Major Players||Illumina, Inc., Thermo Fisher Scientific Inc, Agilent Technologies, Inc, Arrayit
Corporation,Savyon Diagnostics, and SCIENION GmbH, among others.
The global market for DNA microarray is driven by the surging adoption of genetic testing in the pharmaceutical and biotechnology industry. The surging investment in research and development across the healthcare industry and rising per-capita healthcare expenditure. I
Rapid growth in the healthcare infrastructure is expected with surging innovative technology that has the potential to support swift and cost-effective screenings for any mutation possible, along with sequence variations in genomic DNA. These screenings are further expected to drive the market of DNA microarray.
DNA Microarray Industry Definition and Major Segments
A useful too, DNA microarrays are employed to confirm whether the DNA from a specific individual incorporates a mutation in genes such as BRCA1 and BRCA2. There is a chip that comprises of a small plate of glass wrapped in plastic. There are multiple microscopic DNA points that are collected onto a solid surface to create the DNA microarray.
By type, the DNA microarray market is divided into:
Complementary DNA Microarrays
Oligonucleotide DNA Microarrays
Based on product outlook, the market is categorised into:
Software and Services
On the basis of end user, the market is segregated into:
Hospitals and Clinics
Academic and Research Institutes
Biotechnology and Pharmaceutical Industries
By application, the market is segmented into:
Transcription Factor Binding Analysis
Gene Expression Analysis
At a regional level, the market is divided into:
Middle East and Africa.
DNA Microarray Market Trends
Microarrays have changed the way to deal with quality articulation profiling. Microarrays are laid out as a training for enormous scope DNA sequencing and planning. Notwithstanding, changing the sponsorship surface from a penetrable layer to a thick surface managed the cost of significant enhancements by developing response energy and dropping foundation commotion. The ability for microarrays is ceaselessly developing.
The regularly utilized clusters are isolated into two fundamental classes that contain oligonucleotide and corresponding or spotted DNA (cDNA) microarrays. The business oligonucleotide arranging has acquired acknowledgment over spotted cDNA microarrays as costs have tumbled to the stage where business microarrays are the more utilized stage. DNA microarrays convey a quantitative and all encompassing outline of an example’s appearance yield. The power is huge as natural advancements for the most part result from the synchronized cooperation of various qualities.
Geographically, the Asia Pacific region is likely to witness growth in the market of DNA microarray as the region holds the largest base for clinical trials and drug discovery. Additionally, the region has a growing patient population which is further expected to propel the market growth of DNA microarray.
Key Market Players
Some major players in the market:
Thermo Fisher Scientific Inc
Agilent Technologies, Inc
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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