DNA Chip Market | Key Trends and Opportunity Analysis 2023
The increasing attempts to cut down the investment of time and capital during research activities in the medical and drug discovery fields are providing a significant momentum to the global DNA chip market. DNA chips play a critical role in aiding medical researchers in measuring the expression levels of thousands of genes at the same time. They are two types, which are oligonucleotide DNA (oDNA) and complementary DNA (cDNA). They are used in gene identification, gene expression profiling, and comparative genomic hybridization.
The research report encompasses all the important parameters of the global DNA chip market, including its dynamics, competitive landscape, and region-wise outlook. The statistics pertaining to the market at both global and regional levels are included in the report. The study profiles key players operating in the market along with their business strategies, latest developments, and contact information.
Global DNA Chip Market: Drivers and Restraints
The growing number of deaths due to cancer every year is creating a pressing need for early cancer detection. According to the American Cancer Society, by 2030, the number of new cancer cases is expected to reach 21.7 million and cancer deaths to 13 million. Therefore, the alarming rate of increase in prevalence is working in favor of the global DNA chip market. Moreover, the spiraling demand for personalized medicines is translating into the greater uptake of DNA chips. The growing investments by governments for research and development in the field are also stoking the growth of the market.
However, the dearth of workforce with adequate technical and clinical acumen is adversely affecting the growth of the global DNA chips market. On the other hand, market players are relocating manufacturing facilities to emerging countries to maximize their revenue generation.
View Report –
Global DNA Chip Market: Geographical Segmentation
The key segments analyzed in the report in terms of geography are North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America will be a prominent market for DNA chip in the coming years. Rapid clinical advancements in the field in the region are providing a tremendous boost to the growth of the market. However, the regional market is poised to reach maturity in the offing and therefore, register a sluggish growth rate.
Asia Pacific, on the other hand, is estimated to expand at an aggressive growth rate during the review period. The growing investments by governments and private organizations in the development of DNA chips are driving the growth of the region. Moreover, the increasing number of clinical trials and drug discovery is fuelling the growth of APAC. Countries such as India, South Korea, Singapore, and China are major revenue contributors to the growth of the region. Among these, Singapore will be at the forefront, owing to the excellent logistics connectivity and supply chain and strong intellectual property laws.
Global DNA Chip Market: Competitive Landscape
Key players in the global DNA chip market are relying on extensive research and development activities to stay ahead. The growing popularity of DNA chips is attracting new players to venture into this market, which is likely to intensify the competition in the market in the near future. The majority of players are aiming at capitalizing on regions that offer a strong supply chain, cutting-edge scientific infrastructure, skilled manpower, and superior logistical connectivity. Some of the prominent companies operating in the global DNA chip market are Agilent Technologies, Affymetrix Inc., Eurofins MWG Operon, Biometrix Technology Inc, Biomérieux SA, Bioneer Corporation, Illumina Inc., Greiner Bio-One, Macrogen Inc, Microarrays Inc, Scienion AG, Wafergen Biosystems Inc., Savyon Diagnostics Ltd, Sigma-Aldrich, Life Technologies Corporation, Roche Nimblegen Inc, and Sequenom Inc.
Request a brochure of this report to know what opportunities will emerge in the rapidly evolving DNA Chip Market during 2016- 2023
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release DNA Chip Market | Key Trends and Opportunity Analysis 2023 here
News-ID: 636929 • Views: 1105
More Releases from Transparency Market Research - Biotechnology
Automotive Coatings Market to Reach US$ 33.63 Bn by 2026
Albany, NY - The global automotive coatings market is expected to expand at a healthy rate of 6.28% CAGR between 2018 to 2026, elucidates an upcoming report by automotive coatings market. The global automotive coatings market is likely to grow at a healthy rate in the upcoming years. The rising disposable income is paving way for the customer to look for attractive colors and they do not mind paying to improve aesthetic.
Petrochemicals Market value worth US$ 7.0 Trillion by 2027
Albany, NY - Petrochemicals Market: Introduction In terms of value, the global petrochemicals market is anticipated to expand at a CAGR of 4% from 2020 to 2030. Petrochemicals are an important part of commodities that are used in daily lives. Petrochemical products are used in various end-use industries, ranging from manufacturing to consumer goods. These chemical compounds are derived from petroleum as well as other hydrocarbons, which are obtained from natural
HIV/AIDS Diagnostics Market Is Projected to Expand at a CAGR of ~9% from 2019 to …
Transparency Market Research (TMR) has published a new report on the HIV/AIDS diagnostics market for the forecast period of 2019–2027. According to the report, the global HIV/AIDS diagnostics market was valued at ~US$ 3 Bn in 2018, and is projected to expand at a CAGR of ~9% from 2019 to 2027. Read Report Overview - https://www.transparencymarketresearch.com/hiv-aids-diagnostics-market.html HIV/AIDS Diagnostics: Overview HIV infection can be identified either by the detection of HIV-specific antibodies in the
Hair Loss Treatment Products Market Emerging Trends and Competitive Landscape Fo …
Global Hair Loss Treatment Products Market: Introduction Baldness generally refers to excessive hair loss from a person’s scalp. Hereditary hair loss with age is considered to be the most common cause of baldness. Some people prefer to let their hair loss run its course unhidden and untreated. There are various causes of hair fall, and various treatments for hair fall. Hair loss treatment products prevent further hair loss and restore growth. Read
More Releases for DNA
AUTUMN DNA Reviews: Here are what TOP CONSUMERS say about the AUTUMN DNA
As a human, there are some specific vitamins and nutrients required by your body to run efficiently. Without those vitamins and nutrients, you may encounter issues such as body weakness, fatigue, headaches, and an imperiled immune system in general. This sets you at the risk of getting ill, and in some cases, leads to the development of chronic conditions. With that said, they are not the only reasons why you should
DNA Paternity Testing Market Trends 2020 | Growth by Top Companies: DNA Diagnost …
The report begins with the overview of the DNA Paternity Testing Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast market information, SWOT analysis, DNA Paternity Testing market scenario, and feasibility study are
DNA Paternity Testing Market Rapidly Growing in Healthcare, Competitor Analysis …
The exclusive research report on the Global DNA Paternity Testing Market 2020 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global DNA Paternity Testing Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe. Overview of Global DNA Paternity Testing Market: This report studies the Global DNA Paternity Testing
DNA Testing Kits Market Progresses for Huge Profits by 2025 | Top Players- Ances …
Orian Research recently published a latest research report titled “Global DNA Testing Kits Industry 2019” which highlights top companies, DNA Testing Kits market segmentation by Types, Application and market division based on Geographical Locations. The DNA Testing Kits research report primarily focuses on providing in-depth research analysis and forecast for DNA Testing Kits Market from 2019 to 2025. Get Sample Copy at https://www.orianresearch.com/request-sample/965177 Global DNA Test Kits Market: Key Drivers and
DNA Testing Services Market 2019-2025: Statistics Influencing the Industry- MyHe …
DNA Testing Services Market report is based on present industry situations, market demands, business strategies utilized by prominent players involved in this market along with their growth synopsis. This report has been segmented into types, applications and regions. The report also comprises major drivers boosting this market. DNA Testing Services market worth about XX million USD in 2018 and it is expected to reach YY million USD in 2025 with
DNA Sequencing Market: DNA Sequencing Industry is Expected to Penetrate the Clin …
The global DNA sequencing market is forecast to grow to $6.6 billion over the year 2016 at the compounded annual growth rate of 17.5% as a result of emerging technologies in this field and its use in a number of applications. DNA sequencing industry is segmented into instruments and consumables, services, and workflow products. Instruments and consumables segment are the rapidly emerging segments accounting for about $2.2 billion by the year