Market Definition: DNA and Gene Chip (Microarrays) Market
The global DNA and Gene Chip (Microarrays) market accounted to USD 1.7 billion in 2016 growing at a CAGR of 13.5% during the forecast period of 2019 to 2026.
Microarray technology is used to analyze the gene expression through information contained in a genome. A microarray is a set of many small DNA probes that are arranged in a normal manner. Microarrays aid in disease diagnosis, gene discovery, toxicology research, and development of medicines. The various types of microarraysareaffymetrix gene chips spotted DNA arrays, and ink-jet microarrays. DNA microarrays are the largest segment in the microarrays market.
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Major Market Drivers & Restraints are as follows:
- Huge Amount ofDNA/GeneChip Initiatives
- Need For Initial Cancer Detection & Cancer Diagnosis
- DNA/Gene Chips Miniaturization
- Substitute Technologies
- Awareness Restraints About Technical & Skilled Employees
Key Market Competitors: DNA and Gene Chip (Microarrays) Market
Few of the major competitors are Affymetrix, Inc., Agilent Technologies, Inc.,Oxford Gene Technology,OcimumBiosolutionsLtd,Eurofins MWG Operon, NGK Insulators Ltd., Sequenom, Inc., Microarrays Inc., F. Hoffmann-La Roche AG, NextGen Sciences, PLC., bioMrieux SA, Greiner Bio-One,Arrayit Corp., Perkinelmer,LC Sciences, Toshiba Corp.,Luminex Corporation, Discerna, Gyros AB, Capitalbio Corp, Lifegen Technologies, Surmodics Inc., Sigma-Aldrich, Macrogen Inc., BioneerCorp,Biometrix Technology Inc., ProteoGenix, Illumnia, Inc., Shanghai Biochip Co Ltd, SavyonDiagnostics Ltd, Pamgene International B.V., and Applied Microarrays among others.
The report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market.
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Market Segmentation: DNA and Gene Chip (Microarrays) Market
By type the global DNA and gene chip (microarrays) market is segmented into oligonucleotide based chips and cDNA chips. Oligonucleotide based chipsare further segmented into photo lithographic (light generated) oligonucleotide chips and Inkjet print technology generated oligonucleotide chips.cDNAchipsare again segmented into mechanical micro spotting generated cDNA chips and Inkjet print technology generated cDNA chips.
On the basis of application the global DNA and gene chip (microarrays) market is segmented into gene expression, genomics, cancer diagnosis & treatment, environmental control, agricultural biology, microbial genotyping, toxicogenomics, and drug discovery. Genomics is again segmented into DNA sequencing in hybridization, reverse genetics, Functional genomics & genomic mis-match scanning, and diagnosis & genetic mapping.
On the basis of end-user the global DNA and gene chip (microarrays) market is segmented into academic & research institutes, biotechnological & pharmaceutical companies, and research laboratories.
On the basis of geography, global DNA and gene chip (microarrays) market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The global DNA and Gene Chip (Microarrays) market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of single-cell analysis market for global, Europe, North America, Asia Pacific and South America.
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