Microarray Scanners Market Size Estimated to Reach US$ 1.7 billion, Rising at a CAGR of 7.5% by 2031: Transparency Market Research, Inc.

Microarray scanners find applications in crop genetics, aiding in the development of genetically modified organisms.


Wilmington, Delaware, United States, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global microarray scanners market is estimated to flourish at a CAGR of 7.5% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for microarray scanners is estimated to reach US$ 1.7 billion by the end of 2031. The integration of AI algorithms with microarray scanners enhances data analysis, interpretation, and pattern recognition, leading to more accurate and actionable insights in genomic research and diagnostics.

The trend towards decentralized testing drives demand for portable microarray scanners, enabling rapid and cost-effective molecular analysis at the point of care, especially in resource-limited settings. Advancements in microfluidic technology enable the development of miniaturized microarray scanners, offering higher throughput, reduced sample volumes, and increased automation, catering to the demand for high-efficiency genomic analysis.

Get Sample PDF Copy of the Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45156

Increasing emphasis on biomarker discovery for early disease detection and treatment monitoring fuels demand for microarray scanners, facilitating comprehensive profiling of genetic markers associated with various health conditions. The application of microarray scanners in forensic genomics for DNA profiling, kinship analysis, and forensic identification is gaining traction, driven by advancements in sample preparation techniques and analytical methodologies.

Microarray Scanners Market: Competitive Landscape

The microarray scanners market features a dynamic competitive landscape driven by technological advancements, market penetration strategies, and regulatory compliance. Key players such as Agilent Technologies, Illumina, Inc., and PerkinElmer, Inc. dominate with their diversified product portfolios and extensive global reach.

Emerging contenders like Bio-Rad Laboratories, Inc. and Thermo Fisher Scientific Inc. disrupt the market with innovative solutions and strategic partnerships.

Niche players focusing on specialized applications contribute to the competitive diversity. As the demand for high-throughput analysis and precision in genomics research grows, companies continuously innovate to secure market share and meet evolving customer needs in this dynamic sector. Some prominent players are as follows:

  • Thermo Fisher Scientific Inc.
  • Agilent Technologies
  • Illumina Inc.
  • PerkinElmer Inc.
  • Hoffmann-La Roche Ltd.
  • GE Healthcare (General Electric Company)
  • Molecular Devices, LLC. (Danaher Corporation)
  • Innopsys Inc.
  • Berthold Technologies GmbH & Co. KG.

Product Portfolio

  • Agilent Technologies offers a comprehensive portfolio of analytical instruments, software, services, and consumables, empowering scientists and researchers worldwide. With a focus on precision and innovation, Agilent enables advancements in life sciences, diagnostics, and applied chemical markets, driving discovery and improving human health.
  • Illumina Inc. pioneers genomics solutions with its cutting-edge sequencing and array technologies. Their product portfolio encompasses platforms for genetic analysis, sequencing systems, and software solutions, revolutionizing genomic research and clinical diagnostics worldwide with unparalleled accuracy and scalability.
  • PerkinElmer Inc. delivers innovative solutions across life sciences, diagnostics, and applied markets. Their product portfolio includes instrumentation, reagents, software, and services enabling advancements in drug discovery, environmental analysis, and clinical diagnostics, empowering researchers and clinicians to address critical healthcare and environmental challenges with confidence. 

Key Findings of the Market Report

  • Fluorescence microarray scanners dominate the microarray scanners market, owing to their high sensitivity and widespread use in various genomic applications.
  • Gene expression application segment leads the microarray scanners market due to its pivotal role in understanding cellular functions and disease mechanisms.
  • Diagnostic laboratories lead the microarray scanners market, relying on these tools for genetic testing, disease diagnosis, and research applications with precision.

Get Customization on this Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=45156

Microarray Scanners Market Growth Drivers & Trends

  • Ongoing breakthroughs in genomic research drive demand for microarray scanners, facilitating high-throughput analysis of genetic variations and gene expression patterns.
  • Increasing incidence of genetic diseases fuels the adoption of microarray scanners for diagnosis, prognosis, and personalized treatment planning.
  • Microarray scanners play a pivotal role in drug discovery processes by enabling rapid screening of molecular targets and identifying potential therapeutic compounds.
  • With a shift towards personalized healthcare, microarray scanners facilitate precise molecular profiling and treatment selection based on individual genetic makeup.
  • Continuous advancements in microarray scanning technologies, such as improved sensitivity, resolution, and automation, enhance efficiency and accuracy in genomic analysis, driving market growth.

Global Microarray Scanners Market: Regional Profile

  • North America leads the market, buoyed by robust investment in research and development, advanced healthcare infrastructure, and high adoption rates of genomic technologies. Companies like Agilent Technologies and Illumina, Inc. dominate the region with their cutting-edge microarray scanner solutions, catering to the burgeoning demand for precision medicine and genomic research.
  • In Europe, stringent regulatory frameworks and a robust scientific community drive market growth. Leading players such as PerkinElmer, Inc. and Bio-Rad Laboratories, Inc. leverage their expertise in life sciences to offer innovative microarray scanning technologies, addressing diverse research and diagnostic needs across the continent.
  • The Asia Pacific region presents immense growth potential, fueled by expanding healthcare expenditure, rising awareness of personalized medicine, and growing research activities in genomics. Local players and global giants like Thermo Fisher Scientific Inc. capitalize on these opportunities, introducing advanced microarray scanning solutions tailored to regional requirements and driving market expansion.

Microarray Scanners Market: Key Segments

By Product Type

  • Fluorescence Microarray Scanners
  • Charge-coupled Devices Microarray Scanners
  • Colorimetric Microarray Scanners
  • Others

By Application

  • Gene Expression
  • Drug Discovery
  • Others

By End User

  • Hospitals
  • Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes

By Region

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East & Africa

Buy this Premium Research Report:

https://www.transparencymarketresearch.com/checkout.php?rep_id=45156&ltype=S    

Explore More Trending Report by Transparency Market Research:

Healthcare Informatics Market Size to cross USD 100 billion, with a CAGR of over 10% during 2022 to 2031: TMR study

Pharmacy Automation Devices Market to Reach US$ 15 billion by 2033, Rising at a CAGR of 10.9% from 2023 to 2033: TMR Report

About Transparency Market Research 

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com    
Email: sales@transparencymarketresearch.com
Follow Us: LinkedInTwitterBlog | YouTube