Global Microarray Analysis Market 2024-2028
Microarray Analysis Market 2024-2028
The microarray analysis market is forecasted to grow by USD 1450.9 mn during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the microarray analysis market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of personalized medicine, increase in adoption of microarrays in genomics and proteomics, and growing applications of microarray analysis in drug discovery.
Technavio's microarray analysis market is segmented as below:
By Service
- Consumables
- Instruments
- Software and services
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growing number of cancer cases worldwide as one of the prime reasons driving the microarray analysis market growth during the next few years. Also, growth in bioinformatics software industry and increasing use of chemical microarray technology will lead to sizable demand in the market.
The report on the microarray analysis market covers the following areas:
- Microarray Analysis Market sizing
- Microarray Analysis Market forecast
- Microarray Analysis Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microarray analysis market vendors that include Agilent Technologies Inc., Applied Microarrays Inc., Arrayit Corp., Bio Rad Laboratories Inc., BioMerieux SA, Danaher Corp., DiaSorin SpA, fzmb GmbH, GENOMICA S.A.U., Illumina Inc., INNOPSYS, LABORATORIOS INIBSA S.A., Merck KGaA, Microarrays Inc., Perkin Elmer Inc., QIAGEN N.V., Scienion AG, Sentinel CH. SpA, Thermo Fisher Scientific Inc., and Win Semiconductor. Also, the microarray analysis market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.