Array Instruments Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020
85 Page Report
Array Instruments Market Expected to Reach USD 1.12 Billion
Globally in 2020
Transparency Market Research
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Array Instruments Market
Array Instruments Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 – 2020
According to a new market report published by Transparency Market Research “ Array
Instruments Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020,” the global array instruments market was valued at USD 0.87 billion in
2014 and is expected to grow at a CAGR of 4.3% from 2014 to 2020, to reach an estimated value
of USD 1.12 billion in 2020.
The microarray industry continues to shift focus from research and development tools towards
different applications in various areas such as drug discovery, clinical diagnostics, and
sequencing. Major applications of the technology lie in gene expression, cancer diagnosis and
treatment, SNP genotyping, genomics, agricultural biotechnology, drug discovery, and
proteomics. In future advances in microarray technology helping in disease diagnosis and drug
response are expected to have a high impact on the market growth. Microarrays have also been
successfully applied in a variety of other areas such as toxicogneomics, environmental sciences,
biodefense, agriculture research, veterinary and forensics.
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The global array instruments market can be categorized into technologies, end-users and
geography. DNA microarray is...