Microarray analysis is a technique that utilizes microchips containing anchored arrays of short DNA elements (known as probes) for the large-scale interrogation of gene expression. Proteins, nucleic acid samples are labelled and applied to the gene chips, and hybridization to specific probes is identified by imaging and subsequent data processing. This analysis allows scientist to generate and assess very large amounts of data. Microarrays can be used to detect DNA, or RNA (as cDNA after reverse transcription) that may or may not be translated into proteins.
MARKET SCOPE
The "Global Microarray Analysis Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the microarray analysis market with detailed market segmentation by product, type, application, end user, and geography. The report provides key statistics on the market status of the leading microarray analysis market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on product, the global microarray analysis market is segmented into instruments, software and services, and consumables.
? On the basis of type, the market is segmented into dna microarrays, protein microarrays, and other microarrays.
? Based on application, the market is bifurcated into research applications, drug discovery, disease diagnostics, and other applications.
? Based on end user, the market is bifurcated into research & academic institutes, pharmaceutical & biotechnology companies, diagnostic laboratories, and other end users.
MARKET DYNAMICS
Drivers:
? Increasing genomics and proteomics research.
? Growing application areas of microarrays.
? Growing incidences of cancer.
Restraints
? High cost of microarray analysis.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The microarray analysis market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the microarray analysis market in these regions.
IMPACT OF COVID-19 ON MICROARRAY ANALYSIS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Microarray analysis market is moderately impacted due to COVID-19.
MARKET PLAYERS
The report covers key developments in the microarray analysis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from microarray analysis market are anticipated to lucrative growth opportunities in the future with the rising demand for microarray analysis in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the microarray analysis market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Agilent Technologies, Inc
? Thermo Fisher Scientific Inc.
? PerkinElmer Inc.
? Merck KGaA
? General Electric
? Molecular Devices, LLC.
? QIAGEN
? Illumina, Inc.
? Microarrays Inc.
? Bio-Rad Laboratories, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.