Technavio
Announces the Publication of its Research Report Global Microarray market
2016-2020
Technavio recognizes the following companies as the key players in the global microarray market: Agilent Technologies, Illumina, Thermo Fisher Scientific, and Merck.
Other Prominent Vendors in the market are: Applied Microarrays, Arrayit, AXO Science, BioCat, BioGenex, Biometrix Technology, Cepheid, GE Healthcare, InDevR, LC Sciences, Perkin Elmer, Phalanx Biotech, Qiagen, Takara Bio, and US Biomax.
Commenting on the report, an analyst from Technavio’s team said: “There is an increase in focus on drug discovery and development by pharmaceutical and biotechnology companies, as well as by research institutes for several diseases. Microarrays technologies are widely used in target classification, target authentication, pathway analysis, compound profiling, and toxicology studies, which are critical factors in drug discovery and development.”
Sample report: https://marketreportscenter.com/reports/470089/global-microarray-market-2016-2020#
According to
the report, Microarray technologies, which involve miniaturization, are
emerging in the fields of genomics and proteomics, thereby enabling
high-throughput processing. These technologies are adopted in genotyping,
mutation screening, protein interaction studies, and gene expression analysis.
The technology also helps in a better understanding of the inter-relation among
genes, hence driving the global microarray market.
Further, the report states that advanced microarray instruments with specific and advanced features are expensive to procure and maintain, which can hinder their adoption in the market. The monitors and other portable immunodiagnostics such as POC testing products for gene testing must comply with the changing and periodic reviews of strict standards and regulations, which also increases their maintenance cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Further, the report states that advanced microarray instruments with specific and advanced features are expensive to procure and maintain, which can hinder their adoption in the market. The monitors and other portable immunodiagnostics such as POC testing products for gene testing must comply with the changing and periodic reviews of strict standards and regulations, which also increases their maintenance cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Microarray
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.
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
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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.
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
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470089/global-microarray-market-2016-2020#toc
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