What is Global DNA Microarray Market?
The Global DNA Microarray Market is a rapidly evolving sector that plays a crucial role in the field of genomics. DNA microarrays, also known as biochips, are collections of microscopic DNA spots attached to a solid surface. Scientists use these microarrays to measure the expression levels of large numbers of genes simultaneously or to genotype multiple regions of a genome. The global market for these DNA microarrays was valued at a substantial US$ 1206.4 million in 2022. This value is expected to increase to US$ 1535.3 million by 2029, indicating a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period from 2023 to 2029.
Oligonucleotide DNA Microarrays (oDNA), Complementary DNA Microarrays (cDNA) in the Global DNA Microarray Market:
The DNA Microarray Market is dominated by three major manufacturers who collectively hold a market share of approximately 55%. The United States is the largest consumer of DNA microarrays, accounting for over 90% of the global market. Europe and other regions follow, each with a market share of over 5%. This indicates a high concentration of the market in developed regions, with the United States leading the way.
Gene Expression, Genotyping, Other Usage, Genome Cytogenetics in the Global DNA Microarray Market:
In terms of product types, the Oligonucleotide DNA Microarrays (oDNA) segment holds the lion's share of the market, accounting for over 95% of the total. These oDNA microarrays are preferred due to their high degree of accuracy, reproducibility, and high-throughput capability. Complementary DNA Microarrays (cDNA), on the other hand, are less prevalent in the market.
Global DNA Microarray Market Outlook:
The DNA Microarray technology finds its applications in various areas such as gene expression, genotyping, and genome cytogenetics. In gene expression, DNA microarrays help in understanding the activity of genes and their responses to specific treatments. In genotyping, they are used to determine variations in the genetic make-up of an individual. In genome cytogenetics, DNA microarrays assist in the detection of chromosomal abnormalities. Despite the wide range of applications, there are still areas where the use of DNA microarrays is limited due to lack of data.
Report Metric | Details |
Report Name | DNA Microarray Market |
Accounted market size in 2022 | US$ 1206.4 in million |
Forecasted market size in 2029 | US$ 1535.3 million |
CAGR | 4.1% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | Illumnia, Affymetrix, Agilent Technologies, Roche NimbleGen, Sengenics, Arrayit, Applied Microarrays, Biometrix Technology, Savyon Diagnostics, Scienion AG, WaferGen |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |