Microarray Scanners Global Market Rising Trends, Industry Size, Share Report, Growing Demand and Business Opportunities And Forecast 2024-2033

Overview and Scope
Microarray scanners are devices used in molecular biology and genetics research to analyze microarrays, a collection of microscopic spots containing DNA, RNA, proteins, or other molecules immobilized on a solid surface, such as a glass slide or a silicon chip. Microarray Scanners are used for measuring fluorescent regions of a DNA microarray for details about the concurrent activity of thousands of genes.

Sizing and Forecast
The microarray scanners market size has grown strongly in recent years. It will grow from $0.89 billion in 2023 to $0.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%.  The growth in the historic period can be attributed to increased genomic research, pharmaceutical industry growth, academic and research institutes, diagnostic applications, high-throughput screening.

The microarray scanners market size is expected to see strong growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.  The growth in the forecast period can be attributed to growing focus on pharmacogenomics, increasing demand for biobanking, increased focus on infectious disease research, increasing demand for diagnostic laboratories, growing application areas of microarrays. Major trends in the forecast period include focus on cancer research, technological innovation, strategic partnerships.

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Segmentation & Regional Insights
The microarray scanners market covered in this report is segmented –
1) By Product Type: Fluorescence Microarray Scanners, Charge-coupled Devices Microarray Scanners, Colorimetric Microarray Scanners, Other Product Types
2) By Technology: Slide-based, Gel-based
3) By Application: Gene Expression, Drug Discovery, Other Applications
4) By End User: Hospitals, Diagnostic Laboratories, Pharmaceutical And Biotechnology Companies, Academic And Research Institutes

North America was the largest region in the microarray scanners market in 2023. The regions covered in the microarray scanners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The rising prevalence of chronic diseases is expected to propel the growth of the microarray scanner market going forward. Chronic disease is a form of illness that lasts three months or more and can deteriorate with time. Microarray scanners can assess gene expression patterns, allowing researchers to investigate the molecular mechanisms underlying chronic diseases and discover potential biomarkers for diagnosis, prognosis, and treatment. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, there will be 142.66 million people with chronic diseases worldwide by the year 2050, up from 71.522 million in 2020. Therefore, the rising prevalence of chronic diseases is driving the growth of the microarray scanner market.

Key Industry Players
Major companies operating in the microarray scanners  market report are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., GE Healthcare Life Sciences, Hitachi High-Tech Corporation, Innopsys Inc., PerkinElmer Inc., VWR International LLC, Illumina Inc., Bio-Rad Laboratories Inc., Agilent Technologies Inc., Tecan Group AG, Huron Technologies International Inc., Miltenyi Biotec B.V. & Co. KG, GVS S.p.A., Luminex Corporation, Molecular Devices LLC, CapitalBio Technology Inc., Berthold Technologies GmbH & Co. KG, RayBiotech Inc., Scienion AG, Oxford Gene Technology IP Limited, Applied Microarrays Inc., Affymetrix Inc., Arrayit Corporation, Meridian Bioscience Inc., Montreal Biotech Inc.

The microarray scanners market report table of contents includes:
1. Executive Summary

2. Microarray Scanners Market Characteristics

3. Microarray Scanners Market Trends And Strategies

4. Microarray Scanners Market - Macro Economic Scenario

5. Global Microarray Scanners Market Size and Growth

.....

32. Global Microarray Scanners Market Competitive Benchmarking

33. Global Microarray Scanners Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Microarray Scanners Market

35. Microarray Scanners Market Future Outlook and Potential Analysis

36. Appendix

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