TechNavio today launched its report, Global Array Instruments Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The Global Array Instruments market is highly fragmented with a large number companies operating in the market. Over the years, the Global Array Instruments market has been witnessing significant consolidation because of the many mergers and acquisitions. This trend is expected to continue during the forecast period as vendors attempt to strengthen or hold their market position. Market consolidation has resulted in stronger competitors that are better able to compete as sole-source vendors to end-users.”
According to the report, one of the key drivers is the increase in technological innovation. The latest technological advancements and sophisticated approaches in various healthcare operations have increased the demand for array instruments. Technological innovations employed in the drug discovery and development process require a variety of array instruments on a large scale.
Further, the report reveals that the intense competition among vendors poses a significant challenge to the growth of the Global Array Instruments market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-array-instruments-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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