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The Business Research Company’s Protein Microarray Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, February 17, 2025 /EINPresswire.com/ -- Is the Protein microarray Market Set to Witness Substantial Growth?
Steered by increased demand for personalized medicine, the prevalence of chronic diseases, advancements in the biotechnology sector, sound awareness about early disease detection, and burgeoning drug discovery and development activities, the protein microarray market size is witnessing strong growth in recent years. It is poised to surge from $3.92 billion in 2024 to $4.3 billion in 2025, registering a compound annual growth rate CAGR of 9.6%.
The market is set to witness robust growth in the next few years, soaring to $6.13 billion by 2029 with a 9.3% CAGR. The forecast period growth is anticipated due to factors such as increasing interest in biomarker discovery, rising adoption of high throughput screening methods, growing emphasis on early disease detection, awareness of proteomics technology, and the rising prevalence of genetic disorders.
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What Drives The Protein microarray Market Growth?
The adoption of genomics is catalyzing the growth of the protein microarray market. Genomics, the study of an organism's complete genetic material, is spurring the increase in genomics adoption. It is driven by technological progress, reduced sequencing costs, and the promise of personalized medical treatments. Genomics enhances protein microarrays as it provides comprehensive genetic information that identifies and analyzes proteins, their interactions, and functions, thus allowing for more targeted and high-throughput protein profiling.
In July 2022, the World Health Organization WHO, a Switzerland-based intergovernmental organization, reported that estimated genomic surveillance had surged from 54% in March 2021 to 68% in January 2022. The notable rise in the adoption of genomic practices further substantiates genomics as a powerful driver for the protein microarray market.
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Who Are The Key Players In The Protein microarray Market?
Key players in the protein microarray market include PerkinElmer Inc., Merck Group, Thermo Fisher Scientific Inc., Eurofins Genomics LLC, Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., Schott AG, Cepheid Inc., GenScript Biotech Corporation, and others. These industry leaders are driving advanced technological integrations in the market by launching innovative platforms such as KREX technology, which enables high-throughput analysis of protein interactions, biomarker discovery, and disease diagnostics.
How Is The Protein microarray Market Segmented?
The protein microarray market follows a specific segmentation path. It is primarily classified based on type into Lab On Chips, Protein Chips, Arrayers, Integrated Systems, and Microarray Systems. Technologically, it uses Functional Protein Microarrays, Analytical Microarrays, and Reverse Phase Protein Microarrays. Its applications span proteomics, diagnostics, antibody characterization, and protein functional analysis, serving end-users such as hospitals and clinics, research centers, academic institutes, and diagnostic centers.
What is the Regional Analysis Of Protein microarray Market?
Regional analysis unveils that North America was the largest region in the protein microarray market in 2024. Anticipations are high for Asia-Pacific as it marches to be the fastest-growing region in the forecast period.
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