According to the latest report by IMARC Group, titled "Array Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global array instruments market is currently witnessing strong growth. Array instruments are the tools that aid in measuring gene expression levels quantitatively and simultaneously in a single reaction. They are also used for genotyping several regions of the genome. They involve the use of multiple small representative tissue samples from various cases that are assembled on a single histologic slide. They assist in locating chromosomal expressions and mutations in the genotype, as well as measuring and detecting gene expressions at the messenger RNA (mRNA) level. As a result, they find extensive applications in genetics, molecular pathology, and molecular and cell biology.
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Global Array Instruments Market Trends:
The market is primarily driven by the growing need for the diagnosis and prognosis of different types of chronic diseases, especially cancer. The rising incidences of these disorders across the globe and the increasing requirement for determining their cause and consequently planning the treatment course for the same are providing an impetus to the market growth. Apart from this, the growing applications of microarrays in numerous fields, including life sciences and drug discovery, are acting as a major growth-inducing factor. The market is further driven by the increasing integration of arrays with advanced and innovative technologies. For instance, deoxyribonucleic acid (DNA) microarrays are utilized to examine the changes in gene expression by fluorescent labeling of complementary DNA. Since their usage provides a thrust to the process of disease diagnosis, drug discovery and single nucleotide polymorphism (SNP) analysis, this is facilitating the uptake of array instruments on the global level. Some of the other factors contributing to the growth include the advances in personalized medicines, the rising use of robotics for laboratory automation, the advent of microarray-based comparative genomic hybridization (array CGH) technology and the growing investments in the healthcare sector. On account of the aforementioned factors, the market is anticipated to register a CAGR of around 7% during 2020-2025.
Market Summary:
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