Global DNA and Gene Chip (Microarrays) Market Forecast by 2015 May 2011

Global DNA and Gene Chip (Microarrays) Market to reach $1,425.2 million by 2015

The “Global DNA and Gene Chip (Microarrays) Market (2010 – 2015)” analyzes the DNA microarray
market by types and applications and studies the major market drivers, restraints, opportunities, and
market trends for the DNA microarray market in North America, Europe, Asia, and Rest of the World.
Browse market data tables and in-depth TOC on Global DNA and Gene Chip (Microarrays) Market
(2010 – 2015).

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Microarrays were developed and commercialized in the eighties. Since then, market has offered
tremendous growth and hence has seen an influx of players vying fiercely for a share or this market. The
Global DNA & Gene Chip (microarray) market was valued at $760 million in 2010 and is expected to
reach $1,425.2 million by 2015 growing at a CAGR of 13.4%. Major players in this market include
Affymetrix, Inc. (U.S.), Illumnia, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Roche NimbleGen (U.S.),
Sequenom Inc, (U.S.), and others.
New product launches and agreements and collaborations are the two main strategies adopted by the
players to stay competitive in this market. Although gene expression has been the dominant application of
these chips, cancer diagnostics and treatment will lead the market in 2015 with a share of 24.2% as more
and more companies invest in diagnostic chips since early detection of the disease and targeted
treatment options are still the unmet need of this market. There were 12.3 million new cases of cancer
worldwide in 2007 and about 7.6 million deaths. These figures are estimated to rise up to 16 million new
cancer diagnoses cases and about 10 million deaths by 2020 according to WHO & American Cancer
Society.
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