Protein Microarray Market Major Type, Key Treatment, Top Players with Highest CAGR of 8.2% - Avail Prime Report by MRFR

The Worldwide Protein Microarray Market is expected to grow at a CAGR of Approximately 8.2% During the Forecast Period 2018-2023.

Protein Microarray Market - Synopsis

The global microarray protein market is presumed to expand at 8.2 % CAGR during the forecast period (2017-2023) owing to the advanced diagnosis technology, asserts Market Research Future (MRFR). Also known as protein chips, protein microarray is an emerging class of proteomic technology which has become a major tool in molecular biology and biochemistry.

Protein microarray is a miniaturized and parallel array system which comprise purified samples in small amount to distinguish different kinds of protein.

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Protein Microarray Market - Competitive Dashboard

The major players operating the global market are Cepheid Inc. (U.S.), PerkinElmer Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), F. Hoffmann-La Roche AG (Genentech) (Switzerland), Illumina Inc. (U.S.), Angioscore Ltd. (U.S.), EMD Millipore (U.S.), GE Healthcare (U.S.), Sigma Aldrich Corporation (U.S.), Abbott Laboratories (U.S.), Agilent Technologies (U.S.), Affymetrix Inc. (U.S.), Fluidigm Corporation (U.S.), Medtronic Inc. (U.S.), Thermo Fisher Scientific (U.S), SEQUENOM Inc. (U.S.), and others.

Drivers and Constraints Impacting the Market

Microarray has been considered as the fastest revenue generating and the most efficient technique. With the increasing awareness of personalized medicine among people, development of advanced and efficient diagnosis technology, growing government initiative, and increasing prevalence of cancer are likely to drive the global market during the assessment period. Moreover, improvement in generating high-quality antibodies and proteins is anticipated to play a major role in the quantitative analysis.

On the flip side, proteins are highly sensitive to changes in the microenvironment. Also, the low availability of proteins in the market is likely to hamper the growth of the market in the coming years. Additionally, the declining production of reliable and consistent proteins owing to low yield is presumed to inhibit the market growth over the assessment period.

Protein Microarray Market - Segmental Analysis

The global protein microarray market has been segmented on the basis of application, type, technology, product, end-users, and region.

By mode of type, the global protein microarray market has been segmented into lab-on-chips (microfluidics), integrated systems, microarray systems, protein chips, and arrayers.

By mode of application, the market has been segmented into proteomics, diagnostics, antibody characterization, and protein functional analysis.

By mode of product, the market has been segmented into protein microarray services, protein microarray instruments, and protein microarray reagents.

By mode of technology, the market has been segmented into functional protein microarrays, analytical microarrays, and reverse phase protein microarray.

By mode of end-users, the market has been segmented into research centers, diagnostic centers, hospitals, academic institutes, and clinics.

Industry News

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Protein Microarray Market - Regional Insights

Geographically, the protein microarray market span across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.

Among all the regions, America is presumed to hold the largest market share during the forecast period owing to the growing prevalence of cancer, rising focus on health care, along with well-established healthcare infrastructure. The United States dominated the global market in this region in terms of revenue in 2017.

The European region is estimated to hold the second largest share in the market and is expected to register a rapid growth owing to the growing research and development activities for developing new drugs along with changing lifestyle.

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The Asia Pacific region is presumed to be the fastest growing region owing to the increasing awareness regarding personalized medicine among people, government funding, and growing prevalence of cancer. Moreover, with the adoption of protein chip in countries such as India and China is anticipated to create new opportunities for the market globally.

MAJOR TABLE OF CONTENTS OF PROTEIN MICROARRAY MARKET RESEARCH REPORT- GLOBAL FORECAST TILL 2023:

1    INTRODUCTION   

      1.1 definitions   

      1.2    scope of study   

      1.2.1    Research objective   

      1.2.2    Assumptions & limitations   

      1.2.2.1    Assumptions   

      1.2.2.2    Limitations   

      1.3    Market structure

2    RESEARCH METHODOLOGY   

      2.1 research process

      2.2 primary researches   

      2.3 secondary researches 

3    MARKET DYNAMICS   

      3.1    Drivers   

      3.2    Restraints       

      3.3    Opportunities   

      3.4    Macroeconomic indicators   

4    MARKET FACTOR ANALYSIS   

      4.1    Porter’s five forces model   

      4.2    Bargaining power of suppliers   

      4.3    Bargaining power of buyers   

      4.4    Threat of new entrants  

TOC Continued…!

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This release was published on openPR.