DNA Microarray Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.66 Billion |
Market Size (2029) | USD 2.54 Billion |
CAGR (2024 - 2029) | 8.89 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
DNA Microarray Market Analysis
The DNA Microarray Market size is estimated at USD 1.66 billion in 2024, and is expected to reach USD 2.54 billion by 2029, at a CAGR of 8.89% during the forecast period (2024-2029).
A DNA microarray is a powerful biotechnology tool used to analyze the expression of thousands of genes simultaneously. It consists of a small glass or silicon chip with thousands of microscopic spots, each containing a specific DNA sequence that can hybridize with complementary RNA or DNA from a sample. Researchers utilize DNA microarrays for applications such as gene expression profiling, genotyping, and disease diagnostics.
The DNA microarray market is primarily driven by several key factors. The increasing prevalence of genetic disorders and the growing emphasis on personalized medicine are propelling the demand for advanced diagnostic tools. For instance, according to the data published by the Centers for Disease Control and Prevention (CDC) in July 2023, the estimated prevalence of hemophilia in the United States is 12 cases per 100,000 in the United States males for hemophilia A and 3.7 cases per 100,000 in the United States males for hemophilia B.
Thus, the high prevalence of hemophilia leads to increase the demand for genetic testing and personalized treatment options, driving the need for advanced diagnostic tools like DNA microarrays. These microarrays facilitate rapid, high-throughput screening for genetic mutations associated with the disease, thereby enhancing early detection and management strategies.
Furthermore, technological advancements in microarray platforms, including enhanced sensitivity and resolution, are also contributing to market growth. For instance, in March 2024, Nucleus Genomics, Inc., the next-generation genetic testing and analysis company launched its DNA analysis product to bring the benefits of personalized medicine to everyone. Such initiatives not only bolster individual healthcare management but also amplify interest in genomic research and personalized medicine. As a result, there's a growing demand for DNA microarrays, with both consumers and healthcare providers increasingly pursuing advanced genetic testing solutions.
Additionally, in June 2023, MARGenomics, a core facility at IMIM (Hospital del Mar Medical Research Institute), launched the Applied Biosystems GeneChip 3000 Dx v2. This advanced microarray platform, funded by the Carlos III Health Institute (ISCIII) and the European Union's NextGenerationEU program, highlighted its reliability and use in clinical settings. The platform helped healthcare providers include advanced genomic testing in patient care, creating more market opportunities. This launch is anticipated to boost the DNA microarray market by meeting the growing need for precision medicine and personalized treatments.
Moreover, the rising investments in genomic research and biotechnology, along with the expansion of applications in drug discovery and molecular diagnostics, further bolster the market. For instance, in June 2024, Genome Canada and Genome Alberta allocated USD 1 million to GlycoNet Integrated Services (GIS) to enhance glycomics services, targeting health, agriculture, and bio-based industries. With glycomics playing a pivotal role in personalized medicine and agricultural biotechnology, the demand for DNA microarrays tools that dissect these intricate interactions is on the rise. This alignment not only propels innovation within the DNA microarray market but also paves the way for novel applications and research avenues.
Hence, the factors above, such as increasing prevalence of genetic disorders, technological advancements in microarray platforms, and rising investments in genomic research contribute to the market growth during the forecast period. However, the rising adoption of next-generation sequencing and other alternative technologies, despite their high costs, is becoming prominent in clinical genetic research, which could impede market growth.
DNA Microarray Market Trends
The Gene Expression Analysis Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Gene expression analysis is expected to dominate the market during the forecast period owing to its increasing adoption in various areas of study, including drug discovery and clinical diagnostics.
The DNA microarray is an essential tool employed in gene expression analysis, as it can quantify numerous genes across multiple samples. Microarray-based gene expression analysis is a considerable technology for diagnosing and treating cancer. The improvement in cost-effective and accessible genomic technologies and advancements in information processing can generate and analyze vast datasets. As a result, gene expression profiling is likely to become an important tool to characterize tumor molecular profiles.
A study published in March 2023 on Elsevier examined the levels of gene expressions through DNA microarray and concluded that microarray technology could be helpful in cancer classification.
Similarly, in March 2023, a study by the International Center of Neuroscience and Genomic Medicine, Spain, explored the use of gene expression profiling as a diagnostic tool for neurodegenerative disorders such as parkinson’s disease, alzheimer’s disease, and vascular/mixed dementia. The research suggested that the employment of gene expression profiles has diagnostic value and offers the alternative of liquid biopsy to the present diagnostic technique. Hence, increasing studies by academic institutions to enhance the use of gene expression analysis is projected to support its market dominance during the forecast period.
Additionally, numerous international organizations are developing the gene expression database to enhance the data availability for researchers and explore the usage of gene expression as bioinformatic tools. Some of the databases include, the Allen Brain Atlas, Gene Expression across Normal and Tumor tissue (GENT), International Cancer Genome Consortium (ICGC), the Cancer Genome Atlas (TCGA), and Cell Miner. Thus, growing initiatives to accelerate the usage of gene expression profiling through DNA microarray in multiple medical fields as a cost-effective tool is likely to surge the overall valuation of the DNA microarray market in the near future.
Consequently, due to factors like heightened academic research into gene expression analysis and a concerted effort to build a comprehensive gene expression database, the market is poised for growth.
North America is Expected to Hold a Significant Market Share Over the Forecast Period
North America is anticipated to witness a significant growth rate in the DNA microarray market during the forecast period. The substantial dominance can be attributed to the strong presence of major market players engaged in product development and increasing demand for pharmacogenomics data.
The adoption of personalized approaches in the development of drugs has accelerated the requirement for pharmacogenomic testing. For instance, a February 2024 article in the Paediatrics & Child Health Journal spotlighted a study on gene-based drug therapy in Canada. The study, focusing on children and youth undergoing treatment with psychoactive medications, concluded that genetic profiling can enhance treatment efficacy and reduce adverse effects. This finding underscores the potential of personalized medicine. Such a demand for customized therapeutic strategies fuels the need for DNA microarrays, which swiftly analyze genetic variations to refine and bolster drug therapy approaches.
Similarly, increasing grants and regional government initiatives to boost the growth of various applications of DNA microarray are likely to be reflected in the demand for the DNA microarray. For instance, the National Institutes of Health (NIH) estimates to increase the investment in genetic testing from USD 214 million in 2022 to USD 261 million in 2025. The investment is expected to surge the requirement for DNA microarray in the genetic testing as it enable to conduct high-volume based DNA analysis.
Also, increasing product innovations by regional players to enhance the efficiency of DNA microarray is expected to fuel North America market growth during the forecast period. For instance, in August 2023, FOXO Technologies Inc. collaborated with DataRobot, merging DataRobot's AI and automation prowess with FOXO's DNA methylation microarray technology. This collaboration aims to transform DNA methylation data into actionable insights, streamlining FOXO's journey in developing epigenetic biomarkers. Such partnerships underscore a market pivot towards advanced, data-centric methodologies, fueling expansion in the DNA microarray sector.
Therefore, owing to the above-mentioned factors, such as the increasing companies’ support in genomic test studies, and approvals and launches of products by regional players, the growth of the DNA microarray market is anticipated in the North America region.
DNA Microarray Industry Overview
The DNA microarray market is semi-consolidated and consists of several major players. Most of these significant players enjoy a global presence and face intense competition in emerging economies. Emerging countries are becoming hotspots for substantial competition due to the rapidly expanding market fueled by increasing genetic testing for personalized treatment. Some market players are Thermo Fisher Scientific Inc., Toray Industries, Inc., Illumina, Inc., Agilent Technologies, Inc., PerkinElmer Inc., QIAGEN, Applied Micro Arrays, Bio-Rad Laboratories, Inc., Merck KGaA, and BIOMÉRIEUX.
DNA Microarray Market Leaders
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Thermo Fisher Scientific Inc.
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Illumina, Inc.
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Agilent Technologies, Inc.
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PerkinElmer Inc.
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Applied Micro Arrays
*Disclaimer: Major Players sorted in no particular order
DNA Microarray Market News
- March 2024: Nucleus Genomics, Inc. launched a DNA analysis product that democratized access to personalized medicine. This innovation allows individuals to understand their genetic profiles better, enabling them to make informed health and wellness decisions.
- January 2024: Thermo Fisher Scientific, Inc. launched its PangenomiX Array, a leap forward in DNA microarray technology. This cutting-edge platform empowers extensive population-scale disease studies and pharmacogenomics research. By bolstering the analysis of genetic variations in diverse populations, it paves the way for more tailored approaches in personalized medicine.
DNA Microarray Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Need for Personalized Medicine Amid High Burden of Genetic Disorders and Cancers
4.2.2 Increasing Medical Research
4.3 Market Restraints
4.3.1 High Cost and Increasing Competition from Alternative Technologies
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Product
5.1.1 cDNA Microarrays
5.1.2 Oligonucleotide Microarrays
5.1.3 Other Types (BAC Microarrays and SNP Microarrays)
5.2 By Application
5.2.1 Gene Expression Analysis
5.2.2 Genotyping
5.2.3 Other Applications (Epigenetics and Pathogen Detection)
5.3 By End User
5.3.1 Pharmaceutical and Biotechnology Companies
5.3.2 Hospitals and Diagnostic Centers
5.3.3 Research and Academic Institutes
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Thermo Fisher Scientific Inc.
6.1.2 TORAY INDUSTRIES, INC.
6.1.3 Illumina, Inc.
6.1.4 Agilent Technologies, Inc.
6.1.5 PerkinElmer Inc.
6.1.6 QIAGEN
6.1.7 Schott AG (Applied Micro Arrays)
6.1.8 Bio-Rad Laboratories, Inc.
6.1.9 BIOMRIEUX
6.1.10 Merck KGaA
6.1.11 F. Hoffmann-La Roche Ltd.
6.1.12 Arryait Corporation (ARYC)
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
DNA Microarray Industry Segmentation
As per the scope of the report, DNA microarray is a laboratory tool used to detect the expression of thousands of genes simultaneously by hybridizing labeled RNA or DNA samples to complementary DNA probes fixed on a solid surface. This technique allows researchers to analyze gene expression patterns and study genetic variations across different conditions or treatments.
The DNA microarray market is segmented by type, application, end user, and geography. By type, the market is segmented into cDNA microarrays, oligonucleotide microarrays, and other types. The other types are further segmented into BAC microarrays and SNP microarrays. By application, the market is segmented into gene expression analysis, genotyping, and other applications. The other applications are further segmented into epigenetics and pathogen detection. By end user, the market is segmented into pharmaceutical and biotechnology companies, hospitals and diagnostic centers, and research and academic institutes. The report also covers the market size and forecasts for the DNA microarray market in 17 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).
By Product | |
cDNA Microarrays | |
Oligonucleotide Microarrays | |
Other Types (BAC Microarrays and SNP Microarrays) |
By Application | |
Gene Expression Analysis | |
Genotyping | |
Other Applications (Epigenetics and Pathogen Detection) |
By End User | |
Pharmaceutical and Biotechnology Companies | |
Hospitals and Diagnostic Centers | |
Research and Academic Institutes |
Geography | ||||||||
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DNA Microarray Market Research FAQs
How big is the DNA Microarray Market?
The DNA Microarray Market size is expected to reach USD 1.66 billion in 2024 and grow at a CAGR of 8.89% to reach USD 2.54 billion by 2029.
What is the current DNA Microarray Market size?
In 2024, the DNA Microarray Market size is expected to reach USD 1.66 billion.
Who are the key players in DNA Microarray Market?
Thermo Fisher Scientific Inc., Illumina, Inc., Agilent Technologies, Inc., PerkinElmer Inc. and Applied Micro Arrays are the major companies operating in the DNA Microarray Market.
Which is the fastest growing region in DNA Microarray Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in DNA Microarray Market?
In 2024, the North America accounts for the largest market share in DNA Microarray Market.
What years does this DNA Microarray Market cover, and what was the market size in 2023?
In 2023, the DNA Microarray Market size was estimated at USD 1.51 billion. The report covers the DNA Microarray Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the DNA Microarray Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
DNA Microarray Industry Report
Statistics for the 2024 DNA Microarray market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. DNA Microarray analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.