Microarray Scanners Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Microarray Scanners Market?
The surge in chronic illness incidence is projected to fuel the expansion of the microarray scanner market. Chronic diseases, which persist for three months or longer and may worsen over time, can be assessed by microarray scanners to detect gene expression patterns. This, in turn, aids researchers in studying the molecular structures that contribute to these diseases and identifying potential biomarkers for diagnosis, prognosis, and therapy. For example, the National Center for Biotechnology Information (NCBI), a division of the US National Library of Medicine, predicted in January 2023 that by 2050, the global population suffering from chronic diseases would around 142.66 million. Consequently, the escalating number of chronic diseases is spurring the growth of the microarray scanner market.
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#What is the Growth Potential of the Microarray Scanners Market, and How Will It Perform by 2034?
The market for microarray scanners has experienced robust growth in the past few years. The market which is currently valued at $0.94 billion in 2024, is expected to increase to $1.01 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.1%. This substantial growth observed during the historical period can be linked to factors such as the surge in genomic research, expansion of the pharmaceutical industry, the role of academic and research institutes, diagnostic applications, and high-throughput screening.
In the coming few years, the market size for microarray scanners is anticipated to witness robust growth, escalating to $1.38 billion in 2029 while maintaining a compound annual growth rate (CAGR) of 8.1%. This increase in the prediction period can be linked to the rising emphasis on pharmacogenomics, expanding demand for biobanking, heightened focus on researching infectious diseases, growing needs for diagnostic labs, and rising areas of microarray applications. Major trends in the projection period encompass concentration on cancer research, technological advancements, and strategic alliances.
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What Are the Key Market Innovations in theMicroarray Scanners Market Over the Coming Years?
The development of innovative products is a leading trend in the microarray scanners market, as significant players aim to maintain their market standing through such innovations. For example, in June 2023, Spain’s MARGenomics unveiled the Applied Biosystems GeneChip 3000 Dx v2, a groundbreaking microarray platform. This achievement in the microarray technology field is notable as the first to receive regulatory approval for diagnostic uses in both Europe and the United States, showcasing its potential influence on clinical diagnostics and research. Thanks to its high-resolution genomic data provision, it is poised to boost personalized medicine strategies across a variety of therapeutic areas.
Who Are the Top Companies Driving Innovation and Growth in theMicroarray Scanners Market?
Major companies operating in the microarray scanners market include F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., GE Healthcare Life Sciences, Hitachi High-Tech Corporation, Innopsys Inc., PerkinElmer Inc., VWR International LLC, Illumina Inc., Bio-Rad Laboratories Inc., Agilent Technologies Inc., Tecan Group AG, Huron Technologies International Inc., Miltenyi Biotec B.V. & Co. KG, GVS S.p.A., Luminex Corporation, Molecular Devices LLC, CapitalBio Technology Inc., Berthold Technologies GmbH & Co. KG, RayBiotech Inc., Scienion AG, Oxford Gene Technology IP Limited, Applied Microarrays Inc., Arrayit Corporation, Meridian Bioscience Inc., Montreal Biotech Inc.
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Which Key Market Segments Comprise the Microarray Scanners Market and Drive Its Revenue Growth?
The microarray scanners market covered in this report is segmented –
1) By Product Type: Fluorescence Microarray Scanners, Charge-Coupled Devices Microarray Scanners, Colorimetric Microarray Scanners, Other Product Types
2) By Technology: Slide-based, Gel-based
3) By Application: Gene Expression, Drug Discovery, Other Applications
4) By End User: Hospitals, Diagnostic Laboratories, Pharmaceutical And Biotechnology Companies, Academic And Research Institutes
Subsegments:
1) By Fluorescence Microarray Scanners: Laser Scanners, Multispectral Scanners
2) By Charge-Coupled Devices (CCD) Microarray Scanners: Standard CCD Scanners, High-Resolution CCD Scanners
3) By Colorimetric Microarray Scanners: Slide Scanners, Digital Colorimetric Scanners
4) By Other Product Types: Hybrid Scanners, Custom Or Specialized Microarray Scanners
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Which Regions Are Emerging as Leaders in the Microarray Scanners Market?
North America was the largest region in the microarray scanners market in 2024. The regions covered in the microarray scanners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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