Global Array Instrument Market is Expected to Reach USD 3.2 Billion Globally in 2017: Transparency Market Research

Global Array Instrument Market is Expected to Reach USD 3.2 Billion Globally in 2017: Transparency Market Research PR Newswire NEW YORK, August 16, 2012 NEW YORK, August 16, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Global Array Instruments Market (Life Science And Bio Technology Instruments) - Global Industry Share, Size Growth And Forecast, 2011 - 2017", global array market was worth USD 1.4 billion in 2011 and is expected to reach USD 3.2 billion in 2017, growing at a CAGR of 14.3% from 2011 to 2017. In the overall global market, the U.S. is expected to maintain its lead position in terms of revenue till 2017. The U.S. is expected to enjoy 39% of global array market revenue share in 2017 followed by Europe. Browse the full report athttp://www.transparencymarketresearch.com/global-array- market.html Technological advancement and sophisticated approach in health care operations are the major factors contributing the development of array instruments market. Some of the major factors affecting the global array market include increasing number of chronic diseases, innovation in health care operations, cost effective drugs development, and requirement of reduced clinical trials failure in drug development and support from the government to improve overall health infrastructure facilities. DNA micro array represents the largest market segment at USD 861.