Microarray Analysis Market, by End-user (Medical, Healthcare, Pharmaceuticals), by Application (Research, Genotyping, Forensic analysis), by Type (LOC, Tissue Microarray, Protein Microarray), by Method (Mutation analysis) - Global Forecast 2027
Global Microarray Analysis Market Report: Overview
Life science relates to the study of living organisms which includes plants, humans, and microorganisms among others. With unparalleled connectivity, evolving demographics, impressive growth in patent applications in emerging markets and pharmaceutical demand changes worldwide, the trend of Life science is also changing and improving. It is estimated that 2 million engineering and life science jobs will become open during forecasted period due to continue rise in aging population. The factors such as global innovation, increase taxation by government, awareness about education in Life science field, improved R&D expenditure driving global demand for genetic study which includes Microarray, population genomics, and molecular biology among other life science study areas.
Microarray, the combination of robotics, chemistry, computer science, and biology are used to study many points within a genome which is composed of thousands of genes at one time. Microarray helps to reduce criticality occurred during the understanding of the cell and its associated diseases. It is used for the study of biological materials such as DNA, RNA, small tissues, or protein, by immobilizing them on silicon-thin film.
Microarrays are useful for processing thousands of samples cost-effectively to identify transformations and structural variations in gene expression and methylation.
Global Microarray Analysis Market Report: Application
Microarray analysis is been used in various industries such as healthcare, life science, medical among others. For instance, cancer germline mutation analysis is used to study cancer predisposition, cytogenomics is useful in detection of low-level mosaics, CNV’s, LOH, across the genome, Agrigenomics genotyping is used for the study about plants and animals, and many more.
The advantages of Microarray analysis includes:
- Reproducible, high-quality data at a low cost
- Support fast, high throughput, multiplex processing
- Available in expert and custom formats
Global Microarray Analysis Market Report: Market Influencer
Global Microarray Analysis Market is driven by factors which include increasing government expenditure, growth in research and development activities need for early cancer detection, increasing healthcare expenditure, and diagnosis and large-scale DNA/gene chip initiatives. Adoption of personalized medicines, wide range of application areas, and technological advancements are other factors which are driving the Microarray market.
However, standardization in microarray data and lack of skilled professionals are some of the major factors hindering the growth of the Global Microarray Analysis Market.
Global Microarray Analysis Market Report: Market Segmentation
Global Microarray Analysis Market can be segmented into types, methods, applications, and end-users.
Global Microarray Analysis Market by Types:
- DNA Microarray
- LOC (Lab-on a-Chip)
- Protein Microarray
- Tissue Microarray
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Global Microarray Analysis Market by Methods:
- Human genotyping
- Non-human genotyping
- Gene expression analysis
- Methylation analysis
- Mutation analysis
Global Microarray Analysis Market by Applications:
- SNP detection
- Forensic analysis
Global Microarray Analysis Market by End-users:
Global Microarray Analysis Market Report: Regional Analysis
The regional analysis includes North America, Europe, Asia Pacific, Middle East and rest of the world.
Increasing clinical trials and drug discovery activities, upgrading technological advancements such as Chip-on-chip, CGH, splice variants and microRNAs, wider application area of microarray and government initiatives and support are expected to develop new market opportunities for the Global Microarray Market. Moreover, increasing mergers and acquisition, growing collaborations and partnerships, and product launches are some of the latest trends in the Global Microarray Market.
North America is dominating the Global Microarray Analysis Market followed by Europe. Increasing technological advancement, improved healthcare industries, growing research & development activities, increased usage of personalized medicines, increasing cancer incidences and growing government support are the major growth driven factors of Microarray market in North America region.
Asia-pacific is the emerging market in Global Microarray Analysis Market during the forecasted period. The improving healthcare infrastructure, growing prevalence of chronic diseases, increasing government expenditure, growing drug discovery and development activities are the major growth drivers of Microarray Market in Asia-Pacific region. The China, Russia and India are the emerging economies due to improved lifestyle, growing awareness about biological terms and its benefits and government support in Asia-Pacific region. In India, top Indian pharma companies are now partly foreign-owned and are already generating more than half of their sales outside the country. Besides this, economic growth has increased the buying power of India’s middle class for healthcare services in general, particularly medicines. Emergence of lifestyle diseases such as diabetes, cardiovascular disease and cancer has increased the demand for medicines.
Global Microarray Analysis Market Report: Key Players
Some major market players in Global Microarray Marker are as follows: Affymetrix, Inc., Agilent Technologies, Inc., Sequenom, Inc., Roche NimbleGen, Illumnia, Inc., and Applied Microarrays. Other companies operating in the global microarrays market are biome rieux SA, Discerna, Gyros AB, Luminex Corporation, NextGen Sciences, PLC. and ProteoGenix.
Global Microarray Analysis Market Report: Latest News
- Molecular Devices Launches High-Content Imaging System with New 3D Analysis Software, announced on 19th April 2016.
- The Agilent Cary 8454 UV-Visible spectrophotometer builds on 30 years of experience in photodiode array (PDA) technology and delivers an updated instrument that is easy to use, is ideal for routine applications, and meets the compliance needs of global pharmaceutical companies.
The reports also covers brief analysis of Geographical Region includes:
-Rest of Western Europe
-Rest of Asia
The Middle East& Africa
The report on Microarray Analysis Market 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.
This report will provide the clear picture of current market scenario of Microarray analysis Market globally as well as the country level markets. The report also provides the information about various types of Micro array and various methods which are been in use to study the effects and to find out solutions to various chronic disorders , and it’s also deliver details information about its various applications. It will also depict detailed information about companies with their market dynamics involved in Microarray analysis.
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