According to a recent report by Meticulous Research®, the global microarray kits market is expected to reach $2.51 billion by 2031, growing at a CAGR of 5.8% from 2024 to 2031. The increasing adoption of microarrays for diverse research applications, particularly in cancer studies and personalized medicine, is a significant driver of this growth. The ability of microarray technology to analyze gene expression patterns and detect mutations has made it an essential tool in both pharmaceutical and biotechnology sectors. Furthermore, rising research and development (R&D) expenditure in these industries is contributing to the market expansion.
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