Array Instruments Market to Become Worth US$ 1.12 Bn by 2020

This report on the array instruments market studies the current as well as future prospects of the market globally. Microarray technology though a traditional bio technological tool, is gaining a rapidly evolving and emerging technology. Microarrays concept and methodology was first introduced in 1983 by Tse Wen Chang in a scientific publication. The microarray industry grew significantly after the 1995 Science Paper by the Ron Davis and Pat Brown labs at Stanford University. The technology of DNA microarrays has become the most sophisticated and the most widely used, with the establishment of companies such as Affymetrix, Inc., Agilent Technologies, Illumina, Inc., ArrayIt Corporation and others, while the use of protein, peptide, cells, tissue and carbohydrate microarrays are expanding. The technology is used to detect, assess and analyze the interaction between different molecules such as DNA, RNA, proteins, siRNA, pharmaceuticals, carbohydrates, and antibodies. This report includes an elaborate executive summary, which covers a market snapshot that provides overall information of various segments that are contained in the report. It also provides an overall information and data analysis of the global array instruments market with respect to market segments based on technology, end users as well as geographic regions.

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The array instruments market is segmented based on major technologies into four categories: DNA microarrays, protein microarrays, cellular microarrays and tissue microarrays. The market for these microarray technologies has been extensively analyzed based on usefulness, effectiveness, sales revenue of the instruments based on the technologies and geographic presence. The market size and forecast in terms of USD million for each technology type and end user segment has been provided for the period 2012 to 2020. The report on the array instruments market also provides % compounded annual growth rate (CAGR) for each market segment for the forecast period 2014 to 2020, considering 2012 and 2013 as the base year.

The array instruments market is also segmented based on major end user areas of the major microarray technologies into four major categories: research and development laboratories, clinical diagnostic labs, agriculture research centers and veterinary laboratories. The market for these end users of microarray technologies has been extensively analyzed based on the percentage adoption of these technologies in these sectors. The market size and forecast in terms of USD million for each end user has been provided for the period 2012 to 2020. The report on the array instrument market also provides % compounded annual growth rate (CAGR) for each market segment for the forecast period 2014 to 2020, considering 2012 and 2013 as the base year.

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Geographically, the array instruments market has been categorized into four major regions: North America, Europe, Asia-Pacific, and Rest of the World (ROW). The market size and forecast for each of these regions have been provided for the period 2012 to 2020 along with CAGR (%) for the forecast period 2014 to 2020. The report also includes the market size and forecast for each microarray technology in respective regions. The research study also incorporates the competitive scenario in these regions. A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the global array instruments market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis and Porter’s five forces analysis, and key players’ market share analysis in 2013 in the array instruments market.

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A list of recommendations has been provided for new entrants to help establish a strong presence and for existing market players to increase market share. The report also profiles major players in the array instrument market based on various attributes such as company overview, financial overview, business strategies, product portfolio and recent developments. Major players profiled in this report include Affymetrix, Inc., Illumina, Inc., Agilent Technologies, Inc., Molecular Devices, LLC, Bio-Rad Laboratories, Thermo Fischer Scientific, ArrayIt Corporation, and Sigma Aldrich Corporation.

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