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Microarray Market Worldwide Share, Recent Trends, Business Overview, Application, Types, Future Growth and Forecasts 2022 – 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 Microarray Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Microarray Market. The report offers in-depth research and assessment of the key elements of the global Microarray Market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Microarray Market.

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.

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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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

The report addresses the following key points:

The report estimates the expected market size from 2022-2030

The report provides a forecast of market drivers, restraints, and future opportunities for the Microarray market

The report further analyses the changing market dynamics

Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth

Extensive competitive landscape mapping with profiles of the key competitors

In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies

Revenue forecast, country scope, application insights, and product insights

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At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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