DUBLIN, June 24, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/54fkmt/global_array) has announced the addition of the "Global Array Instruments Market 2015-2019" report to their offering.
The global array instruments market to grow at a CAGR of 12.48 % over the period 2014-2019
The global array instruments market can be divided into three segments: DNA microarrays, protein microarrays, and others including tissue microarrays and cell microarrays. This report covers the present scenario and the growth prospects of the global array instruments market for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of three applications used by life sciences companies, R&D institutes, and diagnostic laboratories.
Sophisticated technologies and tools such as NGS and microarray platforms enable rapid, large-scale, quantitative assessments of molecular and cellular biology procedures. Important discoveries in the biomedical field through the use of DNA and protein microarrays have already been implemented in clinical diagnostics, especially in oncology where they have had a broader impact. Genomic testing technologies to identify oncogenic variants and their response to specific drugs are widely used to develop personalized medicines. These advances enable both the generation and analysis of big data in applied life sciences research and basic information transfer during drug development.
According to the report, advances in the technology and sophistication of instruments used in healthcare have increased the demand for array instruments. Novel microarrays have been developed that can advance the fields of cell biology, genetics, and molecular biology and accelerate drug discovery processes. The design of fiber-optic microarrays and the merging of microarrays with microfluidics for bioassays are some new developments in the market. For instance, BioArray Solutions, Illumina, and Tm Bioscience are developing different types of array, such as bead-based arrays, to perform tests and make diagnoses.
Further, the report states that lack of skilled technicians and inadequate data management is hindering the market growth.
- Agilent Technologies
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Reimbursement and Coverage
- Market Segmentation by Application
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and Their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and Their Impact
- Vendor Landscape
- Key Vendor Analysis
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SOURCE Research and Markets