DNA Chip Market Boosted by Growth in Personalized Medicine

The DNA gene chip market can also be classified by application as: comparative genomic hybridization, gene expression profiling, geneID, and others. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

A DNA chip, also known as a DNA microarray, is similar to a computer chip. The major difference between the two is that a computer chip is embedded with electric circuitry, whereas a DNA chip or a DNA microarray is embedded with DNA molecules. A DNA chip comprises a group of DNA spots that are primarily embedded on a solid surface. A DNA gene chip is the size of a postage stamp and this technology is popularly used for drug discovery in the medical research sector. A DNA microarray plays an important role in assisting medical professionals and researchers in simultaneously measuring the levels of expression of thousands of genes.

Providing the Forthcoming Industrial Projections of DNA Chips at: https://goo.gl/Qygiba

The popularity of DNA chips has encouraged many new companies or players to enter the global DNA chip market. Considering all these factors, the global DNA chip market is expected to register double-digit growth during the period from 2015 to 2023. The growth in personalized medicines and large-scale initiatives taken by the governments of many nations to promote DNA chip technology are predicted to propel the global DNA chip market in the coming few years.

By type, the global DNA chip market is classified into oDNA (oligonucleotide DNA) and cDNA (complementary DNA), the former being the dominant segment and accounting for more than 95% of the global DNA chip market. Based on application, the global DNA chip market is classified into comparative genomic hybridization, geneID, gene expression, and others. Currently, the global DNA chip market is dominated by the gene expression segment. This segment is expected to maintain its dominance in the years to come due to increasing funding from the governments of various nations. Contribution from many private players is expected to further propel the gene expression segment in the years to come.

By region, the global DNA chip market is divided into Asia Pacific, Europe, North America, and Rest of the World. Currently, North America dominates the global DNA chip market. However, the Asia Pacific DNA chip market is expected to register aggressive growth in the next few years.

Factors that add value to the global DNA chip market are a strong supply chain, availability of cutting-edge infrastructure, world-class logistical connectivity, and easy availability of a skilled workforce. As per the World Health Organization (WHO), in 2012, globally around 8.2 million people died due to cancer. As per the American Cancer Society (ACS), in 2012, around 300,000 men and around 276,000 women died because of cancer in the United States. The high occurrence of cancer in the region is expected to propel the global DNA chip market in the years to come.

Read the Current Market Trends of DNA Chip at: http://www.transparencymarketresearch.com/dna-chip-market.html

Some of the leading players in the global DNA chip market are Affymetrix, Inc., Biomérieux Sa., Capitalbio Corporation, Eurofins Mwg Operon, Greiner Bio-One, Life Technologies Corporation, Macrogen Inc, Scienion Ag, Savyon Diagnostics Ltd, and Wafergen Biosystems Inc


Contact Details

Company Name: Transparency Market Research
Issued By: Transparency Market Research
Phone: +1-518-618-1030
Address: 90 State Street, Suite 700 Albany, NY 12207
City: Albany
State: NY
Zip: 12207
Country: United States
Website: Visit the website

Keywords : DNA Chip Market, Global DNA Chip Market, DNA Chip Market Size, DNA Chip Market Share, DNA Chip Market Trends, DNA Chip Market Forecast,

by Transparency Market Research (few months ago!)

Latest Press Releases

Text My Main Number Announced Landline Texting Helps Businesses To Improve Customer Satisfact..

Mobile Spray Tan Company In San Diego Announces New Under An Hour Response Service.

Local Austin Locksmith Now offers Home Security Audits in Response to the Increase in Bump Ke..

SMMFans Instagram Following Have Grown 20% in Sixty Days

LED Video Walls Market Global Industry Analysis Trends, and Forecast

End-point Security Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017-2025

False Eyelashes Industry: Global Survey, Trends, Outlook, Overview and 2023 Forecast

Global Next-Generation Sequencing Market Research Report 2017 to 2021

Industrial Safety Gloves 2017 Annual Growth Value, Market Trends : Hartalega ,Latexx, MCR Saf..

Global Healthcare Gamification For Pharmaceutical Market 2017 – Apple, FitBit, Jawbone, Nike

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.