Microarray Analysis Market

01

Executive Summary

Global Microarray Analysis Market Size, 2017-2026 (USD Billion)

The global microarray analysis market size is expected to grow from USD 3.97 billion in 2020 to USD 5.36 billion by 2026 at a CAGR of 5.1%.

DNA microarrays are used to diagnose various types of cancer. As a result, the global cancer epidemic is expected to support the growth of the microarray analysis market during the forecast period. According to the WHO, cancer is the second leading cause of death in the world and is estimated at 8.8 million deaths in 2015. And, globally, cancer cases are expected to increase to 21.7 million by 2030. Microarray technology is widely used in genome mapping and sequencing applications. However, over the past few years, these technologies have become increasingly used in the diagnosis and treatment of genetic diseases, drug discovery, pharmacogenomic research, cancer diagnosis, and forensic use. In addition, microarray technology is also used in immunology studies such as research on phenotype and gene expression, activation and differentiation of immune cells, regulation of immune responses, analysis of allergic cell processes, and immunology pharmacology.

By product and service, the market is divided into consumables, software & services, instruments. In 2020, the consumables segment is estimated to command the largest share in the market for microarray analysis. A large share of this category can be attributed to growing microarray applications in a variety of fields as well as regular, repetitive, and commercial purchases.

By type, the market is divided into DNA microarrays, protein microarrays, and other microarrays. DNA microarrays segment is expected to account for the largest share in the microarray analysis market in 2020. This is due to the use of DNA microarrays in various applications such as drug discovery, genomics and cancer research, self-medication, and genetic testing.

By application, the market is divided into research applications, disease diagnostics, drug discovery, and other applications. In 2020, the research applications segment is expected to account for the largest share in the market. Adding independent and government funding for genomic and proteomic research is the most important driving force in this market.

The end-user segment is divided into research and academic institutes, pharmaceutical and biotechnology companies, diagnostic laboratories, and other end users. In 2020, the research and academic institutes segment is expected to hold the largest market share. Increasing funding and growing government programs to fund Genomics and Proteomics research projects is an important factor contributing to the growth of the research component and educational institutions.

The market is dominated by North America, followed by Europe. North America will continue to control the market during the forecast period. The proliferation of various diseases such as cancer and genetic diseases in the region and the increase in funding for genomics and proteomics research in the region are the main factors supporting the growth of microarray market analysis in North America.

The major players operating in the microarray analysis market are Thermo Fisher Scientific, Inc. (US), Agilent Technologies, Inc. (US), Illumina, Inc. (US), PerkinElmer Inc. (US), GE Healthcare (US), Molecular Devices (US), and Bio-Rad Laboratories Inc. (US).

Revenue Share (%), By Product and Service (2019)
Revenue Share (%), By Type (2019)
Revenue Share (%), By Application (2019)
Revenue Share (%), By End User (2019)
Revenue Share (%), By Region (2019)

02

Market Overview

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

03

By Product and Service

By Product and Service, The global Microarray Analysis Market analysis covers Consumables, Instruments, Software and Services.

The Consumables segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Consumables: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Instruments segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Instruments: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Software and Services segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Software and Services: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

04

By Type

By Type, The global Microarray Analysis Market analysis covers Dna Microarrays, Other Microarrays, Protein Microarrays.

The Dna Microarrays segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Dna Microarrays: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Other Microarrays segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Microarrays: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Protein Microarrays segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Protein Microarrays: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

05

By End User

By End User, The global Microarray Analysis Market analysis covers Diagnostic Laboratories, Other End Users, Pharmaceutical & Biotechnology Companies, Research & Academic Institutes.

The Diagnostic Laboratories segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Diagnostic Laboratories: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Other End Users segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other End Users: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Pharmaceutical & Biotechnology Companies segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Pharmaceutical & Biotechnology Companies: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Research & Academic Institutes segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Research & Academic Institutes: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

06

By Region

By Region, The global Microarray Analysis Market analysis covers Asia Pacific, Europe, North America, Rest of the World.

The Asia Pacific segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Asia Pacific: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Europe segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Europe: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The North America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

North America: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Rest of the World segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Rest of the World: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

07

By Application

By Application, The global Microarray Analysis Market analysis covers Disease Diagnostics, Drug Discovery, Other Applications, Research Applications.

The Disease Diagnostics segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Disease Diagnostics: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Drug Discovery segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Drug Discovery: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Other Applications segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Applications: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

The Research Applications segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Research Applications: global Microarray Analysis Market Revenue Opportunity (Us$ Mn)

08

Latin America

Based on the Latin America, the Microarray Analysis Market analysis covers Brazil, Argentina, Mexico, Colombia, Rest of Latin America.

Latin America Microarray Analysis Size, 2019-2027 (Us$ Mn) — Latin America Microarray Analysis Market Size, 2019-2027 (Us$ Mn)

Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

Brazil Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Brazil Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Brazil Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Brazil Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

Argentina Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Argentina Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Argentina Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Argentina Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

Mexico Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Mexico Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Mexico Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Mexico Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

Colombia Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Colombia Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Colombia Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Colombia Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

Rest of Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Product and Service, 2019-2027

Rest of Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Type, 2019-2027

Rest of Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027

Rest of Latin America Microarray Analysis Market - Historical, Forecast Market Sizes (US$ MN), By Application, 2019-2027

08

Asia-Pacific

Based on the Asia-Pacific, the Microarray Analysis Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.