DNA and Gene Chip Market Revenue, Statistics, Industry Growth and Demand Analysis Research Report by 2027

High prevalence of Cancer, technical knowledge about gene expression, need for sustainable agricultural yields, increasing strategic developments such as collaborative studies, favorable research funding scenario are key factors contributing to high CAGR of DNA and Gene Chip Market during forecast period.

Market Size – USD 4.67 Billion in 2018, Market Growth – CAGR of 11.6%, Market Trends – Research and design and increasing investments

The recent study by Reports and Data, the global 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. The slides act as probes to detect gene expression. These biochips have a large number of applications in conventional as well as unconventional fields. The report studies the market for this biochip which includes the trends and upcoming technologies which will boost the market.

The market has been growing in a healthy pace mainly due to the awareness among the countries about the efficiency of these biochips along with improved computational speeds and methods for microarrays like fabrications. The microarray system is not complex and require machines and capital intensive techniques, confirming the reduction in computational errors. The need to catalog widespread information available into an organized form in a publically available database has also been an important growth driver. Although Next Generation Sequencing (NGS) is a superior technique compared to these biochips, it has not been able to completely make microarray systems obsolete due to its high cost and lack of an organized framework guiding it. Although, it can act as a threat in the near future. High cost and extensive technical knowledge required coupled with regulations in this field has slightly hampered the growth of this market.

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The companies operating in the market and profiled in the report include

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

The report offers complete portfolios of the key companies operating in the market including production capacity, revenue share and size, gross margin, sales revenue and margin, business expansion plans, technological advancements, product portfolio, global market position, and financial standing. The report also discusses in detail the recent mergers and acquisitions, joint ventures, product launches and brand promotions, partnerships, collaborations, agreements, and corporate and government deals.

The report further discusses in detail the market segmentation

Type (Revenue, USD Million; 2017–2027)

  • Oligonucleotide DNA (o-DNA)
  • Complementary DNA (c-DNA)
  • Others

Product (Revenue, USD Million; 2017–2027)

  • Consumables
  • Instruments

Application (Revenue, USD Million; 2017–2027)

  • Cancer Diagnostics
  • Gene Expression
  • Proteomics
  • Genomics
  • Drug Discovery
  • Agrigenomics
  • Others

End Use (Revenue, USD Million; 2017–2027)

  • Academic & Government Research Institutes
  • Hospitals & Diagnostics Centers
  • Biotechnology & Pharmaceutical Companies
  • Others

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The report focuses on evaluation of the DNA and Gene Chip market in major regions and the countries included in those regions. The report evaluates the key aspects of the global market such as production and consumption patterns, supply and demand ratio, import and export, economic growth, technological developments, and robust presence of key players in the region. The report also offers a country wise analysis to offer better information about the DNA and Gene Chip market scope in key regions and crucial factors influencing market growth in major countries. Regional analysis covers the following:

  • North America
    • Canada
    • U.S.
    • Mexico
  • Europe
    • Germany
    • Italy
    • U.K.
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • A.E
    • Rest of MEA

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Key Advantages of the DNA and Gene Chip Market Report:

  • Detailed analysis of changing dynamics of the global DNA and Gene Chip market
  • Valuable insights on key market growth driving trends and monetary competence over the forecast period
  • SWOT analysis and Porter’s Five Forces analysis for each key market player to offer competitive advantage to readers and investors
  • Comprehensive assessment of competitive landscape and regional analysis
  • Assessment of key factors driving and restraining market growth
  • Analysis of threats, limitations, growth prospects, opportunities, and barriers in the market
  • Strategic recommendations to key market players and new entrants to assist them in gaining a robust footing in the market

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