This report provides exclusive insights into the COVID-19 impact on the Microarray Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Microarray Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Microarray Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
microarray market provides in-depth analysis of segments and sub-segments in
global as well as regional microarray market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
microarray market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
microarray market. According to the report, the global microarray market is
projected to grow at a CAGR of 14.50% over the forecast period of 2018-2024.
innovations in microarray technology have provided deep insight that for
particular species, many arrays can be studied parallel. Moreover, product
innovations also result in the adoption of the microarray technique in healthcare
and the development of biological products such as vaccines and therapeutic
proteins. Furthermore, innovation trends in DNA microarray development such as
Agilent technology, probe technology, and glass arrays are anticipated to
further drive the market. The emergence of microarrays in genomics and proteomics is
one of the key factor driving the growth of the microarray market over the forecast
period. The genomics and proteomics technologies are used in gene expression
analysis like expanding gene family size and discovering new categories of
genes, mutation screening, genotyping and protein interaction studies.
The report on global microarray market covers segments such as product type, technology, and application. On the basis of product type, the
global microarray market is categorized into instruments and consumables. On
the basis of technology, the global microarray market is categorized into
protein microarray, tissue microarray, LOC and DNA microarray. On the basis of
application, the global microarray market is categorized into disease diagnosis
and development, gene expression and other.
The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, and Rest of the World. In this section, the
key trends and market size for each geography are provided over the period of 2016-2024.
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia,
and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe
are included in the European region. The U.S. drives the growth in the North
America region as it is the largest market in the region. The Asia-pacific the region offers a substantial potential for the market growth owing to rapid
growth in markets such as India and China. The APAC region is projected to
experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global
microarray market such as GE Healthcare, Illumina, Merck, Agilent
Technologies, AXO Science, Thermo Fisher Scientific, Cepheid, Arrayit, Phalanx
Biotech and Biometrix Technology.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global microarray
market. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight into the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of microarray market.
Moreover, the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the microarray market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share of
the leading players. This report will help manufacturers, suppliers, and
distributors of the microarray market to understand the present and future
trends in this market and formulate their strategies accordingly.