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DNA and Gene Chip Market Size u2013 USD 4.67 Billion in 2018, Market Growth - CAGR of 11.6%, Market Trends u2013 Research and design and increasing investments
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DNA and Gene Chip Market To Reach USD 11.25 Billion by 2027 www.reportsanddata.com
Market Summary DNA and Gene Chip Market Size – USD 4.67 Billion in 2020, Market Growth - CAGR of 11.6%, Market Trends – Research and design and increasing investments DNA and Gene Chip market was estimated to hold a value of USD 11.25 Billion by the end of the forecast frame in 2026 growing at a rate of 11.6%. DNA and Gene Chip refers to a type of microarray device which hold a large number of DNA sequences (gene) attached to it so that gene expressions of large number of samples could be studied simultaneously which was not previously possible. • Further Key Finding from the report: • The market for DNA and Gene Chips is on a positive quadrant because of the ability of the microarrays to analyze large number of DNA samples simultaneously which was not possible before. Now, the cost of using microarrays have come down considerably making its application possible in unconventional arenas. • Although in product segment, consumables comprise of a larger part of the market share it is found that the instruments segment is growing at a swift rate at a CAGR of 11.7%. This can be attributed to the cost reduction due to advanced technological progress and introduction of new instruments with high computational speed, improving efficiency of microarray procedures. For example, Applied Micro Arrays announced the introduction of advanced micro array scanners for its customers including laboratories and diagnostic centres. • After North America, Europe hold the second largest share in this market. This can be reasoned by the increasing technical knowledge, upward rise in investment and rise in prevalence of diseases like cancer. www.reportsanddata.com
Market Summary Key Players: Perkin Elmer, Inc., Illumina, Inc., Thermo Fisher Scientific, Inc., Macrogen Inc., Agilent Technologies, Greiner Bio-One International GmbH, Asper Biotech, CapitalBio Corporation, Microarrays Inc., Oxford Gene Technology, and bioMérieux SA., among others are leading players involved on the global DNA and Gene Chip market. Segmentation: • Type (Revenue, USD Million; 2016–2026) • Oligonucleotide DNA (o-DNA) • Complementary DNA (c-DNA) • Others • End Use (Revenue, USD Million; 2016–2026) • Academic & Government Research Institutes • Hospitals & Diagnostics Centers • Biotechnology & Pharmaceutical Companies • Others www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/1431
MarketSummary • Application (Revenue, USD Million; 2020–2027) • Cancer Diagnostics • Gene Expression • Proteomics • Genomics • Drug Discovery • Agrigenomics • Others • Regional Outlook for Vehicle Access Control Market analyses the following geographies: • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) www.reportsanddata.com Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1431
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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