Press release
Global Microarray Market 2016-2020 Emerging Opportunities, Trends, Size, Drivers
Description
A microarray is an advanced tool used in molecular biology. It allows end-users to conduct high-throughput and highly parallel analyses of more than thousand points of interest that include messenger ribonucleic acid (mRNA), genes, and proteins. Microarrays include a broad range of platforms in which high-density assays are conducted parallel on a solid support. The concept of the microarray is based on base-pairing hybridization principle (hybridization between nucleic acids).
Technavios analysts forecast the global microarray market to grow at a CAGR of 14.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global microarray market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of microarray solutions such as instruments and consumables.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Microarray Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Agilent Technologies
Illumina
Thermo Fisher Scientific
Merck
Other prominent vendors
Applied Microarrays
Arrayit
AXO Science
BioCat
BioGenex
Biometrix Technology
Cepheid
GE Healthcare
InDevR
LC Sciences
Perkin Elmer
Phalanx Biotech
Qiagen
Takara Bio
US Biomax.
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Market driver
Increased prevalence of chronic diseases
For a full, detailed list, view our report
Market challenge
High cost of instruments
For a full, detailed list, view our report
Market trend
Rising focus on drug discovery and development
For a full, detailed list, view our report
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