DNA Microarray Market Outlook
According to a new report by Expert Market Research titled, “Global DNA Microarray Market Size, Share, Analysis, Report and Forecast 2024-2032, the DNA microarray market is projected to grow at a CAGR of 10.6% between 2024 and 2032. Aided by the escalating demand for personalised medicine and the rising applications of DNA microarrays in genomics and biotechnological research, the market is expected to grow significantly by 2032.
DNA microarray is a biotechnological tool used to measure the expression levels of thousands of genes simultaneously or to genotype multiple regions of a genome. This revolutionary technology has significantly accelerated genomic research by allowing a comprehensive analysis of gene expression at the genome level. Besides gene expression, DNA microarrays also provide valuable insights into SNP detection, genotyping, and identification of novel genes, thus finding extensive application in various research areas and clinical diagnostics.
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The escalating demand for personalised medicine is a significant driver for the global DNA microarray market growth. Personalised medicine strives to tailor medical treatment to individual characteristics of each patient, for which a detailed genetic profile is critical. DNA microarrays, by enabling a comprehensive genetic analysis, provide crucial support to this burgeoning field of medicine, leading to a surge in their demand.
The ever-growing field of genomics and biotechnology research also contributes significantly to the DNA microarray market expansion. Genomic studies require tools for massive parallel gene expression analysis, a task effectively fulfilled by DNA microarrays. Moreover, DNA microarrays are instrumental in genomic studies aiming at understanding diseases at the molecular level, discovering therapeutic targets, and developing drugs.
DNA microarrays are also increasingly used in the field of oncology, as they play an important role in tumour classification, prognosis, and treatment planning. The growing burden of cancer worldwide necessitates more in-depth research into its genetic aspects, thus fuelling the DNA microarray market demand.
In the era of pharmacogenomics and precision medicine, DNA microarrays have emerged as an indispensable tool, contributing to their market expansion. They allow researchers to study the influence of genetic variation on drug response, thereby helping in the development of precision medicines. Lastly, the growing demand for DNA microarray technology in agricultural biotechnology, for crop improvement and understanding plant disease resistance, further bolsters the DNA microarray market expansion.
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DNA Microarray Market Segmentation
The market can be divided based on type, product outlook, end user, application, and region.
Market Breakup by Type
- Complementary DNA Microarrays
- Oligonucleotide DNA Microarrays
Market Breakup by Product Outlook
- Consumables
- Software and Services
- Instruments
Market Breakup by End User
- Hospitals and Clinics
- Academic and Research Institutes
- Biotechnology and Pharmaceutical Industries
- Diagnostic Centres
- Others
Market Breakup by Application
- Transcription Factor Binding Analysis
- Genotyping
- Gene Expression Analysis
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global DNA microarray companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Illumina, Inc.
- Thermo Fisher Scientific Inc
- Agilent Technologies, Inc
- Arrayit Corporation
- Savyon Diagnostics
- SCIENION GmbH
- Others
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