With a CAGR of 8.31%, Microarray Market Size Worth USD 8.17 Billion in 2030
Rising prevalence of breast, ovarian, and other types of cancer is a key factor driving microarray market revenue growth
VANCOUVER, BC, UNITED STATES, November 14, 2022 /EINPresswire.com/ -- The latest market intelligence report offers valuable insights into the prevailing growth opportunities for the global Microarray market and its intensely competitive scenario. The insightful data and information in the report have been gathered from a wide range of primary and secondary sources.
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.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Microarray market.
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The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis.
The leading market contenders listed in the report are:
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
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The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market.
Segments Covered in this report are:
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
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Geographical Analysis:
The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Microarray market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
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