May 25, 2011 08:08 ET

Global DNA & Microarray Market to Grow 13% Annually Through 2015

ROCKVILLE, MD--(Marketwire - May 25, 2011) - has announced the addition of MarketsandMarkets's new report "Global DNA & Gene Chip (Microarray) Market (2010 - 2015)," to their collection of Biotechnology market reports. For more information, visit

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 of 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 and 13.4%. The oDNA segment accounted for the largest share -- 98% -- of the global DNA & gene chip market in 2010.

Gene Expression currently forms the largest application market as gene expression products are used in a wide variety of research activities including life sciences research, clinical diagnostics, biodefense, and agriculture. While this application contributed 28% to the Global DNA & Gene Chip (microarray) market revenues in 2010, cancer diagnosis and treatment application is expected to dominate the applications market by 2015; accounting for about 24% share in the market.

For more information, visit

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