Healthcare Publications Microarray Analysis Market 2023 | Page 2

high investments in research. The National Cancer Institute received USD 5.665 billion from the States Congress for cancer research programs in 2018. It is estimated that Europe was the second largest in the Global Microarray Analysis Market. The rising focus on drug discovery, personalized medicines, and targeted therapy are driving the growth of the market in this region. In November 2016, over 30 European and international members along with the European Commission established an initiative called the International Consortium for Personalized Medicine, or "ICPerMed" to establish Europe as a global leader in personalized medicine research. Thus, the increasing research in personalized medicines serves favorable backgrounds for the market to grow in this region. The Microarray Analysis Market in Asia-Pacific is expected to witness growth owing to rising prevalence of genetic disorders, growing awareness among the people, and government initiatives. According to Alzheimer's Disease International, in 2015, 23 million people in the Asia-Pacific region had dementia, and by 2050 the number is expected to rise to 71 million. The Middle East and Africa holds the least share in the Global Microarray Analysis Market due to low funding in medical and health research. However, the rising prevalence of genetic diseases and increasing healthcare spending favor the market growth in this region. TABLE OF CONTENT Chapter 1. Report Prologue Chapter 2. Market Introduction 2.1 Definition 2.2 Scope Of The Study 2.2.1 Research Objective 2.2.2 Assumptions 2.2.3 Limitations Chapter 3. Research Methodology 3.1 Introduction 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation Chapter 4. Market Dynamics 4.1 Drivers 4.2 Restraints 4.3 Opportunities 4.4 Challenges 4.5 Macroeconomic Indicators 4.6 Technology Trends & Assessment Chapter 5. Market Factor Analysis …Continued! Reports Enquiry @ https://www.marketresearchfuture.com/enquiry/896