Array Instruments Market 2020: Analysis, Top Companies, Size, Share, Demand and Opportunity To 2025

The global array instruments market is expected to register a CAGR of around 9% during 2025, according to a new report published by IMARC Group. Array instruments are devices that are used to collect microscopic spots of RNA, DNA, proteins, tissues, peptides, oligonucleotides, cells, and other compounds attached to a solid substrate. They are utilized in laboratories that quantitatively and simultaneously monitor the expression of multiple genes. The high-throughput approach of array technology helps to locate mutations and chromosomal expressions in a genotype, and measure and detect gene expressions at the messenger RNA (mRNA) or the protein level.

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Market

The primary factors driving the array instruments market are the emerging need for diagnosing cancer, post-natal and different metabolic diseases. These instruments assist in hybridization, coupling biomolecules to a platform, sample preparation for detection, data analysis, and scanning, which have increased their demand in recent times. Furthermore, governments across the globe have undertaken several initiatives to improve the healthcare infrastructure and increase investments in research and development (R&D) activities, which in turn have boosted the demand for array instruments. Moreover, the introduction of the latest technologies, such as microarray-based comparative genomic hybridization, has enhanced the process of single nucleotide polymorphism (SNP) and offers accuracy and precision in disease diagnosis and drug discovery, which in turn is expected to provide a positive impact on the industry.

Competitive Landscape
The report has also examined the competitive landscape of global array instruments market.

• Affymetrix Inc.
• Agilent Technologies Inc. (NYSE: A)
• Arrayit Corporation (OTCMKTS: ARYC)
• Bio-RAD Laboratories (NYSE: BIO)
• Inc. Illumina Inc. (NASDAQ: ILMN)
• Laboratory Corporation (NYSE: LH)
• Molecular Devices LLC
• Raybiotech Inc.
• Sigma Aldrich Corporation
• Thermo Fisher Scientific Inc. (NYSE: TMO)

Key Segments of the Report:

Breakup by Application:
• Molecular Biology
• Cell Biology
• Genetics
• Molecular Pathology
• Others

Breakup by Technology:
• DNA Microarrays
• Protein Microarrays
• Cellular Microarrays
• Tissue Microarrays

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Breakup by End-User:
• Research and Development Laboratories
• Clinical Diagnostic Labs
• Agriculture Research Centers
• Veterinary Laboratories
• Forensic Centers
• Others

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Key highlights of the report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure
• Profiles of Key Players

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally—our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

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This release was published on openPR.