Microarray Instruments and Reagents Market Economic Outlook, Structure Analysis forecast by 2026

Market Analysis: Global Microarray Instruments and Reagents Market

Microarray instruments and reagents market

Market Definition: Global Microarray Instruments and Reagents Market

Microarray instruments and reagents are the components based on life-science based laboratory research studies designed for the detection of gene expressions in a significantly large volume consecutively. These instruments are reagents are used for implementing DNA microarray or protein microarray which essentially means that the scientists are provided with thousands of DNA spots in pre-specified positions of microscopic slides which are commonly known as DNA sequence.

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Market Drivers

Growing volume of population suffering from various long-term chronic illnesses; this factor is expected to boost the growth of the market

Presence of various easy-to-use standardization along with easy accessibility of technology and products; this factor is expected to drive the growth of the market

Cost-efficient features of microarrays is another factor uplifting the market growth

Increasing areas of applications associated with microarray technology will also foster the market growth


Market Restraints

Absence/dearth of technically skilled professionals; this factor is expected to act as a restraint to the growth of the market

Various innovations and technological advancements associated with next-generation sequencing will restrict this market growth


Segmentation: Global Microarray Instruments and Reagents Market

By Product

Instrument

Reagents


By Type

DNA Microarrays

Protein Microarrays

Others


By Application

Research Antibodies

Drug Discovery

Disease Diagnostics

Others


By End-User

Research & Academic Institutes

Pharmaceutical & Biotechnology Companies

Diagnostic Laboratories

Others


By Geography

North America

U.S.

Canada

Mexico


Europe

Germany

Italy

U.K.

France

Spain

Netherlands

Belgium

Switzerland

Turkey

Russia

Rest of Europe


Asia-Pacific

Japan

China

India

South Korea

Australia

Singapore

Malaysia

Thailand

Indonesia

Philippines

Rest of Asia-Pacific


South America

Brazil

Rest of South America


Middle East and Africa

South Africa

Rest of Middle East and Africa



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Key Developments in the Market:

In December 2017, PerkinElmer Inc. announced that they had completed the acquisition of EUROIMMUN Medical Laboratory Diagnostics AG. This acquisition will significantly enhance the levels of expertise and capabilities of PerkinElmer for autoimmune testing and other diagnostic procedures. The transaction was completed for an approximate amount of USD 1.3 billion

In September 2017, Agilent Technologies, Inc. announced that they had received U.S. FDA 510(k) clearance for their “GenetiSure Dx Postnatal Assay”. This assay is designed to enhance the capabilities of scientists regarding the detection of irregularities, and intellectual disabilities in a more resource-efficient manner as compared to conventional technologies


Competitive Analysis:

Global microarray instruments and reagents market

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Key Market Competitors:

Few of the major competitors currently working in the global microarray instruments and reagents market are Thermo Fisher Scientific Inc.; Agilent Technologies, Inc.; Illumina, Inc.; PerkinElmer Inc.; Merck KGaA; Molecular Devices, LLC; Microarrays Inc.; Bio-Rad Laboratories, Inc.; Applied Micro Arrays; Luminex Corporation among others.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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