Array Instrument Market Analysis By Transparency Market Research

This report is an effort to identify factors, which will be the driving force behind the array market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the array industry in terms of product, application and geography.

Browse the full report at http://www.transparencymarketresearch.com/global-array-market.html

 

We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global array market and further validated numbers with the key market participants and C-level executives. This report highlights the industry with the following points:

  • Definition, estimates & forecast of array product market from 2011 to 2017
  • Analysis of product segments for array product market with historical data and forecast
  • Trends and forecast for four geographic markets, namely U.S., Europe, Asia-Pacific and RoW based on segments of array product market
  • Profiles of major market participants for better understanding of their contributions
 Transparency Market Research
This research is specially designed to estimate and analyze the demand and performance of array instruments in a global scenario. The research provides in-depth analysis of array product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global array market and provides historical data and statistically refined forecast for the segments covered.
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Technological advancement and sophisticated approach in health care operations are the major factors contributing the development of array instruments market. Some of the major factors affecting the global array market include increasing number of chronic diseases, innovation in health care operations, cost effective drugs development, and requirement of reduced clinical trials failure in drug development and support from the government to improve overall health infrastructure facilities.
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DNA micro array represents the largest market segment at USD 861.8 million in 2011 of the overall array market, followed by the protein array technology. DNA array technology is expected to grow at a CAGR of 12.1% from 2011 to 2017. In 2011, the current market share of protein array was about 31.7% and which is expected to capture 37.2% of the market share in 2017.
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Current array market is dominated by the U.S and Europe at 40.1% and 33.2% market share respectively. Asia Pacific market is growing at the highest growth rate because of high demand from emerging countries like India and China. Asia holds the market share of 21% in array market and generated the revenue of USD 307.8 million in year 2011.
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