The global microarray market is anticipated to grow at a CAGR of around 7.8% during the forecast period (2021-2027). The key factors to drive the microarray market growth include increasing significant advancements in personalized medicines. For instance, In April 2020, an oncology company Indivumed GmbH launched the Oncology Alliance for Individualized Medicine, it is an international collaborative alliance to advance personalized medicine in cancer using IndivuType with the company's multi-omics database. IndivuType is a one-of-a-kind discovery and knowledge platform developed by Indivumed to generate and accelerate new insights into cancer biology, resulting in better and more affordable drug development for precision medicine and personalized cancer treatment.
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Rising acquisitions, product development, collaborations among the major players in the market also propel the growth of the market. For instance, in February 2020, the Twist Bioscience Corps launched the Twist targeted methylation sequencing a form of NGS solution to study methylation pattern changes in various research fields such as cancer research, epigenetics, non-invasive prenatal testing, and others. This launch of the NGS solution will continue to meet and exceed the company’s customers' expectations by capitalizing on high-quality DNA that will result in more efficient sequencing and better research outcomes.
Market Coverage
o ByType
o By Application
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Microarray Market Report Segment
By Type
By Application
Global Microarray Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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