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What Major Innovations Are Driving the Accelerated Growth of the Tissue Microarray Market?
The tissue microarray market is anticipated to grow due to the rising incidence of cancer. Cancer is a group of diseases that occurs when aberrant cells in any organ or tissue multiply uncontrollably, going beyond their usual limits, and either invade nearby parts of the body or spread to other organs. Tissue arrays are employed in oncology to investigate the presentation of cancer-related biomarkers in numerous tumor samples. For instance, Macmillan Cancer Support, a UK-based cancer charity, reported in June 2022 that the cancer population had hit 3 million in 2022 and was expected to increase to almost 3.5 million by 2025 and 4 million by 2030 in the UK. Hence, the increasing prevalence of cancer is fueling the expansion of the tissue microarray market.
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#How Does the ProjectedTissue Microarray Market Growth Compare Over the Forecast Period?
The market for tissue microarrays has seen robust growth in the past few years. The market size is projected to increase from $12.05 billion in 2024, reaching a value of $13.23 billion in 2025, with a compounded annual growth rate (CAGR) of 9.8%. Factors contributing to this historic growth include the advancement of precision medicine, drug discovery and development, effective analysis, an increase in chronic diseases, and initiatives in biobanking.
In the coming years, the tissue microarray market size is predicted to experience rapid expansion. The market is projected to reach $20.95 billion in 2029, with a compound annual growth rate (CAGR) of 12.2%. This upswing during the forecast period can be linked to the rise of digital pathology, increase in applications, growth of the biopharmaceutical industry, regulatory backing and standards, as well as the incorporation of AI and machine learning. Key trends during this forecasted period include progression in imaging technologies, creation of 3D tissue microarrays, high-content screening, initiatives towards standardization, and the integration of single-cell analysis.
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What Are the Most Significant Market Trends Transforming theTissue Microarray Market?
Strategic collaborations are becoming a crucial trend in the tissue microarray market, with significant companies in the sector partnering up to foster relationships dedicated to advancing tissue microarray technologies. For example, in November 2022, The Cureline Group, a US-based precision and translational medicine CRO known for its HBS biobanking and lab services, established a partnership with Cellecta Inc., a US company specializing in RNAi and CRISPR screening products and services. The partnership, known as Tissue 2 Target Services, meshes the unique strengths of both companies in the realms of molecular cell and tissue analysis and human biospecimen management, providing specialized services in pre-clinical and translational research focusing on gene target and biomarker discovery services to streamline workflows. Furthermore, in September 2022, Ultivue Inc., a US biotech company that creates reagent-based solutions that enhance the amount of biological information obtainable from cell and tissue samples, teamed up with Switzerland’s ngTMA, the Translational Research Unit (TRU) platform of the University of Bern known for its innovative tissue microarray construction workflows. The collaboration aims to push forward multiplexed immunofluorescence (mIF) assays and introduce fresh TMA technologies for amplified spatial analysis in scientific studies and improving the quality of TMAs applied in clinical and translational research.
What Are the Top Market Players Propelling the Growth of theTissue Microarray Industry?
Major companies operating in the tissue microarray market include Roche Group, Merck & Co. Inc., Thermo Fisher Scientific Inc., Becton, Dickinson Biosciences, Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., Qiagen NV, PerkinElmer Inc., Bio-Techne Corporation, Tristar Group, Evotec SE, Precision For Medicine Inc., Molecular Devices LLC, BioIVT LLC, BioChain Institute Inc., Creative Bioarray Co, 3DHISTECH Ltd., Novus Biologicals LLC, PREMIER Biosoft International Inc., iSpecimen Inc., OriGene Technologies Inc., Bio SB Inc., ProteoGenex Inc., Z Biotech LLC
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Which Primary Segments of the Tissue Microarray Market Are Driving Growth and Industry Transformations?
The tissue microarray market covered in this report is segmented –
1) By Type: Immunohistochemistry, Fluorescent In Situ Hybridization, Frozen Tissue Array, Other Types
2) By Technology: Deoxyribonucleic Acid (DNA) Microarray, Polymerase Chain Reaction (PCR), Next-Generation Sequencing, Northern Blotting, Western Blotting
3) By Application: Oncology, Gene Expression Profiling, Single Nucleotide Polymorphism (SNP) Detection, Double-Stranded B-DNA Microarrays, Comparative Genomic Hybridization, Sequencing Bioinformatics
4) By End-User: Pharmaceutical And Biotechnological Companies, Research Organization, Hospitals
Subsegments:
1) By Immunohistochemistry: Automated Immunohistochemistry, Manual Immunohistochemistry, Multiplex Immunohistochemistry
2) By Fluorescent In Situ Hybridization (FISH): Single-Color FISH, Multi-Color FISH, DNA FISH
3) By Frozen Tissue Array: Tissue Microarray from Frozen Samples, Snap-Frozen Tissue Array
4) By Other Types: Nucleic Acid Microarrays, RNA In Situ Hybridization, Paraffin-Embedded Tissue Array
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Tissue Microarray Market?# Market?
North America was the largest region in the tissue microarray market in 2024. Asia-Pacific is expected to be the fastest-growing region in the tissue microarray market report during the forecast period. The regions covered in the tissue microarray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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