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Microarray Scanners Market: Unpicking the Growth Path, Forecasts, and Major Trends

01-27-2025 11:23 AM CET | Health & Medicine

Press release from: The Business Research Company

Microarray Scanners Market Share

Microarray Scanners Market Share

Dynamics, Prospects and Possible Developments in Global Microarray Scanners Market: Expected to Hit $1.38 Billion by 2029 with a CAGR of 8.1%

What Is The Projected Market Size Of The Global Microarray Scanners Market And Its Growth Rate?
The outlook for the Microarray Scanners Market is positive with its size witnessing considerable growth. Key data points are:
• The market size has grown significantly, from $0.94 billion in 2024, hitting $1.01 billion in 2025 with a compound annual growth rate (CAGR) of 7.1%
• Factors such as increased genomic research, pharmaceutical industry growth, high-throughput screening, and diagnostic applications fueled this growth
• The market size is projected to grow strongly to $1.38 billion by 2029 at a compound annual growth rate (CAGR) of 8.1%
• This expected growth can be attributed to the increasing demand for pharmacogenomics, biobanking, a growing focus on infectious disease research and a rise in demand for diagnostic laboratories.

What Is Driving The Growth In The Microarray Scanners Market?
The rise in chronic diseases is a major factor propelling the growth of the microarray scanner market. Chronic diseases, which are illnesses that last for three months or more and can deteriorate over time, require the evaluation of gene expression patterns - a meet that microarray scanners can easily achieve. These scanners allow researchers to study the molecular mechanisms underpinning these diseases while also discovering potential biomarkers for diagnosis, prognosis, and treatment. Statistics from the National Center for Biotechnology Information (NCBI) predict that the number of people living with chronic diseases will reach 142.66 million worldwide by 2050, driving the rise of the microarray scanner market further.

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Who Are the Key Players Driving Microarray Scanners Market Growth?
Several top players are driving the growth of the Microarray Scanners Market. They include:
• F. Hoffmann-La Roche AG
• Thermo Fisher Scientific Inc.
• GE Healthcare Life Sciences
• Hitachi High-Tech Corporation
• Innopsys Inc.
• PerkinElmer Inc.
• VWR International LLC
• Illumina Inc.
• Bio-Rad Laboratories Inc.
• Agilent Technologies Inc.

What Are The Key Trends In The Microarray Scanners Market?
Some major trends propelling the microarray scanners market include:
• Focus on cancer research
• Technological innovation
• Strategic partnerships

What Are The Segments Of The Global Microarray Scanners Market?
Key segments in the microarray scanners market include:
1) By Product Type: Fluorescence Microarray Scanners, Charge-Coupled Devices Microarray Scanners, Colorimetric Microarray Scanners, Other Product Types
2) By Technology: Slide-based, Gel-based
3) By Application: Gene Expression, Drug Discovery, Other Applications
4) By End User: Hospitals, Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes

Which Region Leads The Microarray Scanners Market?
North America was the largest region in the microarray scanners market in 2024, with other regions like Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa also contributing to the global Microarray Scanners market.

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What Is Covered In The Microarray Scanners Market Global Market Report?
- Market Size Analysis: Analyze the Microarray Scanners Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Microarray Scanners Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Microarray Scanners Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Microarray Scanners Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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