ResearchMoz presents professional and in-depth study of "DNA Gene Chip Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025".
DNA gene chips or DNA microarrays are tiny chips that are engrafted with DNA molecules. A DNA gene chip size resembles the size of a postage stamp. A DNA microarray consists of a set of microscopic DNA spots attached on a solid surface. Every DNA spot consists of picomoles of a definite DNA sequence, known as probes.
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These probes can be a small section of a gene or a DNA element that are used to hybridize a cRNA or cDNA sample (called target) under stringent conditions. These powerful and versatile arrays are frequently used in genetic and medicinal research owing to their ability to speed up the research process. The primary research applications include comparative genomic hybridization, geneID, and profiling of gene expression as well as re-sequencing and genotyping in human, plant, eukaryotes, and prokaryotes genomes.
DNA gene chip technology is widely used in the drug discovery and medical research sector as it reduces the research time. The DNA gene chip enables medical researchers to measure the expression level of thousands of gene simultaneously. Large scale DNA/gene chip initiatives, growth of personalized medicines, and increase in the demand for early cancer detection and cancer diagnosis are factors likely to drive the global market growth for DNA gene chip during the forecast period. According to the World Health Organization, 8.2 million people died of cancer in 2012 globally. According to the American Cancer Society, about 300,000 men and 276,000 women died due to cancer in 2012 in the U.S.
The global DNA gene chip market has been segmented into DNA type, application, end-user, and geography. In terms of DNA type, the market is categorized into oligonucleotide DNA (oDNA) and complementary DNA (cDNA). Based on application, the market is segmented into gene expression, cancer diagnosis and treatment, DNA sequencing in hybridization, drug discovery, and others. In terms of end-user, the market is bifurcated into hospitals, contract research organizations, contract manufacturing organizations, pharmaceutical and biotechnology companies, and others.
In terms of geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest DNA gene chip market owing to favorable government policies and increase in incentives along with technological advancement in DNA gene chip. Europe is the second largest market for DNA gene chip due to growing prevalence of cancer, increasing government initiatives, and rising demand for early detection and diagnosis of cancer. According to the World Health Organization, with more than 3.7 million new cases and 1.9 million deaths each year, cancer represents the second leading cause of death and morbidity in Europe. Factors such as technological advancements, growth in infrastructure, and increase in the prevalence of cancer are projected to drive the Asia Pacific market growth. In addition, growing preference for clinical trials and drug discovery in countries such as China, Japan, and India is expected to propel the growth of the market in the region. Countries such as Brazil and Mexico are expected to support the expansion of the market in Latin American due to improving medical infrastructure, rising disposable income, and increasing establishment of manufacturing facilities by pharmaceutical and biotechnology companies.
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Major players operating in the global DNA gene chip market include Thermo Fisher Scientific Inc., Agilent Technologies, bioMérieux SA, Biometrix Technology Inc., LifeGen Technologies LLC, Illumina, Inc., Merck KGaA, and PerkinElmer Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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