Primary Catalyst Driving Microarray Market Evolution in 2025: Microarray Market Set To Grow As Incidence Of Cancer Cases Rises Globally Driver

What market dynamics are playing a key role in accelerating the growth of the microarray market?
The microarray market is predicted to expand due to the increasing occurrence of cancer cases. Cancer is a disease characterized by the uncontrolled growth and spread of some body cells to other parts of the body. The surge in cancer cases is primarily attributed to the rise in known risk factors for cancer, exposure to certain chemicals, an aging populace, and prevalent cancers such as breast cancer, lung cancer, and bronchial cancer. Here, microarrays give researchers the ability to detect alterations in gene expression that could be linked to cancer. For example, the American Cancer Society, a voluntary health organization based in the US, projected in January 2023 that approximately 9,910 children below 15 in the US will be diagnosed with cancer, and around 1,040 children under 15 are anticipated to succumb to cancer in 2023. Consequently, the escalating incidence of cancer cases is fueling the growth of the microarray market.

Get Your Microarray Market Report Here:
https://www.thebusinessresearchcompany.com/report/microarray-global-market-report

How will the growth rate of the microarray market shape industry trends by 2034?
In recent times, there has been a substantial growth in the size of the microarray market. The market is projected to expand from $5.19 billion in 2024 to $5.63 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.5%. The growth seen in the past can be linked to numerous factors including the upsurge in genomic research, the increase in personalized medicine, breakthroughs in pharmaceutical drug discovery, the advancement of cancer research, and the expansion of biotechnology and life sciences.

Anticipated to experience a speedy expansion in the coming years, the microarray market size is predicted to reach "$8.27 billion by 2029, displaying a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this predicted growth within the forecast period include the fast-paced advancement in molecular diagnostics, the emergence of precision medicine, heightened usage in agriculture, the broadening of microbiome research, and the incorporation of technology in healthcare. Additionally, the forecasted period will witness an enhancement of microarray data analysis tools, a heightened focus on the discovery of biomarkers for neurological disorders, an increase in use for infectious disease research, a rise in adoption for functional genomic studies, and escalated applications in drug discovery and development.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10742&type=smp

What trends are poised to drive the future success of the microarray market?
In the microarray market, a key trend on the rise is product innovation. This strategy sees dominant market players focussing on creating and introducing new, advanced products to consolidate their market share. In August 2023, a case in point was Thermo Fisher Scientific, Inc., a U.S.-based provider of analytical instruments, life science solutions, specialty diagnostics, laboratory, pharmaceutical, and biotechnology services. They debuted the Applied Biosystems CytoScan HD Accel array - a new chromosomal microarray aimed at enhancing productivity, efficiency, and profitability in labs engaging in cytogenetic research. This cutting-edge array, with an industry-beating two-day turnaround time, marks a major breakthrough in the field. The Applied Biosystems CytoScan HD Accel array performs a thorough analysis of the complete human genome, and with an extended coverage of over 5,000 crucial genomic regions, it offers in-depth understanding into chromosomal variations. Such progressive technology is useful for numerous applications, including prenatal and postnatal studies, and investigations related to cancer.

Which primary segments of the microarray market are driving growth and industry transformations?
The microarray market covered in this report is segmented -

1) By Type: DNA Microarray, Protein Microarray, Other Types
2) By Application: Disease Diagnosis, Cancer Genomic Analysis, Drug Discovery, Genomic Sequencing, Expression Analysis, Toxicological Research, Other Applications
3) By End-User: Pharmaceutical Industry, Biotechnology Industry, Academic and Research Laboratories, Other End-Users

Subsegments:
1) By DNA Microarray: CDNA Microarray, Oligonucleotide Microarray, SNP Microarray, Comparative Genomic Hybridization (CGH) Microarray
2) By Protein Microarray: Antibody Microarray, Antigen Microarray, Receptor Microarray, Enzyme Microarray
3) By Other Types: Cell Microarray, Tissue Microarray, RNA Microarray

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10742

Which geographical regions are pioneering growth in the microarray market?
North America was the largest region in the microarray market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global microarray market report during the forecast period. The regions covered in the microarray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the microarray market landscape?
Major companies operating in the microarray market include Agilent Technologies Inc., Arrayit Corporation, Bio-Rad Laboratories Inc., Danaher Corporation, GE Healthcare Inc., Illumina Inc., Merck KGaA, Microarray Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., Molecular Devices LLC, RayBiotech Life Inc., NextGen Sciences Inc., PathogenDx Inc., Schott Minifab AG, Full Moon Biosystems Inc., CapitalBio Technology Co. Ltd., Roche Diagnostics, Ltd., BioGenomics Limited, BioMicro Systems Inc., Biostatus Limited, Biotechrabbit GmbH, Affymetrix Inc., SCIENION AG, INanoBio Inc.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10742&type=smp

What Is Covered In The Microarray Global Market Report?

• Market Size Forecast: Examine the microarray market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the microarray market for a structured understanding.
• Key Players Overview: Analyze major players in the microarray market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the microarray market.
• Segment Contributions: Evaluate how different segments drive overall growth in the microarray market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the microarray market.
• Industry Challenges: Identify potential risks and obstacles affecting the microarray market.
• Competitive Landscape: Review strategic developments in the microarray market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.