The Global Microarray Analysis market reveals significant growth during the forecast period of 2018 to 2027. Microarray analysis is biotechnology which has extensive use for the analysis of gene expression on a large scale. Advancements in technology are making microarray analysis a more viable option to help decide the most effective course of treatment for a given patient. Microarray analysis has applications in biomarker profiling, translation profiling, genotyping, epigenetics, pathway identification mutations, gene expression profiling, and several others.
Microarray analysis has grown to be accurate due to advancements in technology, thus increasing market value. The global microarray analysis market is driven by the increasing occurrence of genetic disorders which include a wide variety of highly common chronic diseases such as diabetes and cancer.
Due to the climbing incidences of such diseases, the healthcare industry has found itself being pressurized by consumer demand for effective treatment which has spurred drug discovery activities, thus encouraging growth for the global microarray analysis market. Awareness and demand for personalized medicine have been witnessed to be increasing rapidly due to the recognition of effective treatment by the source of action according to DNA analysis.
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Microarray analysis also has used in identifying and understanding the gene patterns that are displayed in different types of tumors which in turn can be used in the research and development of drugs for the same. Other drivers of the global microarray analysis market include its role in the detection of cancer biomarkers and cancer research.
High costs of diagnosis, the risk of contamination and other technological failings are expected to hinder the market. However, market players are actively increasing R&D activities to mitigate this and yield opportunities for the market.
Microarray Analysis Market – Key Players
Some major market players in Global Microarray Marker are as follows: Affymetrix, Inc., Agilent Technologies, Inc., Sequenom, Inc., Roche NimbleGen, Illumnia, Inc., and Applied Microarrays. Other companies operating in the global microarrays market are biome rieux SA, Discerna, Gyros AB, Luminex Corporation, NextGen Sciences PLC. And ProteoGenix.
Microarray Analysis Market – Segmentation
The Global Microarray Analysis Market is segmented into consumables, application, technology, services and end users. On the basis of technology, the segmentation of the market includes PCR, DNA microarray, NGS, northern blotting, SAGE and others. The consumables-based segmentation of the market is segmented into DNA microarrays, DNA chips, protein microarrays, chemical compound microarrays, cellular microarrays, antibody microarrays and others. The segment based on services of the market consists of bioinformatics, gene profiling and others. The applications segment of the market is segmented into drug discovery, research, diagnostic and others.
Microarray Analysis Market – Regional Analysis
The regional analysis of the market includes regions such as APAC, North America, Latin America, Europe, Middle East and Africa. The Americas are accredited with a major share in the microarray analysis market globally due to the occurrence of a well-developed healthcare sector and government support for research & development. The European region is another major market for microarray analysis which is followed by the Asia Pacific region. The existence of huge cancer population and rising need for improved diagnostic treatment has driven the European market. Japan majorly occupies the Asia Pacific microarray analysis market. China and India are the rapidly developing markets for microarray analysis. The Middle East & Africa region have the smallest share of this market.
Industry Updates
Mar 2018, foil-based measuring chip which uses the microarray analysis platform MCR has been used in an outbreak of Legionnaires’ disease, finding the exact source as quickly as possible is essential to preventing further infections. The system can be successfully positioned for environmental hygiene as well as clinical diagnostics in combination with a second, a DNA-based method; the system can even distinguish between dead and living Legionella pathogens.
In September 2018, an international clinical diagnostics specialist, Novacyt’s molecular testing division, Primerdesign Ltd. has partnered with Applied Microarrays, Inc. (AMI), a specialist in microarrays.
In October 2018, a team of researchers led by a professor of Louisiana State University has developed an accessible way to test for the “BReast CAncer gene one.” He has proposed the use of portable fluorescence microarray-based imaging system called the FluoroZen for DNA microarray analysis.
In October 2018, TP Therapeutics, a clinical-stage precision oncology company has entered into an agreement with Almac Diagnostic Services, a global precision medicine company for development and commercialization of next-generation sequencing (NGS) companion diagnostic (CDx) for repotrectinib.
Drivers and Constraints Impacting the Market:
With the growing focus on drug discovery and development, increasing prevalence of genetic disorders coupled with growing demand for personalized medicines, the global market is likely to trigger during the forecast period. Microarray analysis is used to understand gene patterns in tumors and also detect cancer biomarker. Thus, the growing prevalence of cancer along with rising investment for cancer research is estimated to fuel the market growth.
On the flip side, high cost associated with diagnosis, inaccurate results, and contamination is estimated to inhibit the market growth in the coming years.
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