Press release
Personalized Medicine Drives DNA Microarray Market Growth Driver: Leading Transformation in the DNA Microarray Market in 2025
DNA Microarray Market Share
The rapid rise of personalized medicine is expected to propel the DNA microarray market. Personalized medicine tailors treatments based on individual characteristics such as genetics, environment, and lifestyle. The growth of 'omics' technologies, data integration, and genetics has fostered the personalized medicine trend. DNA microarrays support personalized medicine by analyzing gene expression patterns, allowing for individualized treatment plans. In February 2024, the Personalized Medicine Coalition reported that the FDA approved 16 new personalized therapies in 2023, up from 6 in 2022. Therefore, the adoption of personalized medicine is propelling the DNA microarray market.
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What is the future CAGR of the dna microarray market, and how will it impact industry expansion?
The DNA microarray market has experienced rapid growth in recent years. It will increase from $3.38 billion in 2024 to $3.79 billion in 2025, at a CAGR of 12.3%. This growth is attributed to pharmacogenomics, healthcare infrastructure development, collaborations and partnerships, cost reduction, and greater public awareness and education.
The DNA microarray market is expected to reach $5.98 billion by 2029, at a CAGR of 12.1%. This is attributed to the growth in personalized medicine, comparative genomic hybridization, and agricultural genomics. Trends include advancements in genomic research, technological innovations, and increased funding for genomic studies.
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What are the most significant trends transforming the dna microarray market today?
Companies in the DNA microarray market are creating technology with faster turnaround times, offering a competitive edge. Thermo Fisher Scientific introduced the Applied Biosystems CytoScan HD Accel array in August 2023, which delivers results in two days. The array provides comprehensive analysis of chromosomal variants, improving research efficiency in prenatal, postnatal, and oncology studies.
Which key market segments comprise the dna microarray market and drive its revenue growth?
The DNA microarray market covered in this report is segmented -
1) By Type: Complementary DNA Microarrays, Oligonucleotide DNA Microarrays, Other Types
2) By Application: Gene Expression Analysis, Genotyping, Other Applications
3) By End-user: Pharmaceutical And Biotechnology Companies, Diagnostic Centers, Hospitals And Clinics, Academic And Research Institute, Other End-Users
Subsegments:
1) By Complementary DNA Microarrays: Gene Expression Profiling, Comparative Genomic Hybridization (CGH), Quantitative Analysis
2) By Oligonucleotide DNA Microarrays: Gene Expression Microarrays, Single Nucleotide Polymorphism (SNP) Arrays, DNA Methylation Arrays, Pathogen Detection Arrays
3) By Other Types: Protein-DNA Microarrays, Tissue Microarrays, Affinity Microarrays, Spotted DNA Microarrays
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What regions are at the forefront of dna microarray market expansion?
North America was the largest region in the DNA microarray market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DNA microarray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the dna microarray market?
Major companies operating in the DNA microarray market are Roche Holding AG, Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., bioMérieux SA, Schott AG, Bio-Rad Laboratories Inc., QIAGEN N.V., Bioneer Corporation, CapitalBio Technology Co. Ltd., Eurofins Genomics LLC, Savyon Diagnostics Ltd., Oxford Gene Technology, Sengenics Corporation LLC, Affymetrix, BioCat GmbH, Scienion AG, LC Sciences, Arrayit Corporation, Akonni Biosystems Inc., Arraystar Inc., Febit Holding GmbH
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What Is Covered In The DNA Microarray Global Market Report?
•Market Size Forecast: Examine the dna microarray market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the dna microarray market for a structured understanding.
•Key Players Overview: Analyze major players in the dna microarray market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dna microarray market.
•Segment Contributions: Evaluate how different segments drive overall growth in the dna microarray market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dna microarray market.
•Industry Challenges: Identify potential risks and obstacles affecting the dna microarray market.
•Competitive Landscape: Review strategic developments in the dna microarray market, including expansions, agreements, and new product launches.
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