The Microarray Global Market Report 2023, provides comprehensive information on the microarray market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/microarray-global-market-report
The global microarray market size is expected to grow from $4.36 billion in 2022 to $4.73 billion in 2023 at a compound annual growth rate (CAGR) of 8.55%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global microarray market size is expected to reach $6.67 billion in 2027 at a CAGR of 8.93%
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Product innovation has emerged as a key trend gaining popularity in the microarray market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in March 2020, Agilent Technologies Inc, a US-based healthcare company, launched three new microarrays to address the demands of cytogenetic labs doing both prenatal and postnatal research. According to the company, the chips have up-to-date, clinically applicable information from reputable databases and probes that can detect copy number variations and copy-neutral loss of heterozygosity in constitutional DNA samples that are linked to developmental delay, neuropsychiatric disorders, intellectual disability, congenital anomalies, or unexplained dysmorphic features with high resolution.
The microarray market is segmented:
1) By Type: DNA Microarray, Protein Microarray, Other Types
2) By Application: Disease Diagnosis, Cancer Genomic Analysis, Drug Discovery, Genomic Sequencing, Expression Analysis, Toxicological Research, Other Applications
3) By End-User: Pharmaceutical Industry, Biotechnology Industry, Academic and Research Laboratories, Other End-Users
North America was the largest region in the microarray market in 2022.
The table of contents in TBRC’s microarray market report includes:
1. Executive Summary
2. Microarray Market Characteristics
3. Microarray Market Trends And Strategies
4. Microarray Market – Macro Economic Scenario
5. Microarray Market Size And Growth
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26. Africa Microarray Market
27. Microarray Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microarray Market
29. Microarray Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Agilent Technologies Inc
- Arrayit Corporation
- Bio-Rad Laboratories Inc
- Danaher Corporation
- GE Healthcare Inc
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