In 2017, the global agricultural DNA microarray revenue reached about 113.61 million U.S. dollars.
Currently in developed countries, agricultural DNA microarray technology is generally at a high level. The largest corporations in the world are mainly in the United States and Europe. At the same time, foreign-funded enterprises have more advanced equipment, stronger R & D capabilities and advanced technology. However, compared with Asian companies, the manufacturing costs of foreign companies are relatively high.
China’s agricultural DNA microarrays remain an undeveloped market. China is a populous country, so far there are no manufacturers capable of producing “agricultural DNA microarrays.” Agricultural microarray products still rely on imports.
DNA microarray technology-intensive industries for agriculture. There are few manufacturers in this industry. Illumnia’s sales revenue in 2016 was about 46.13%, ranking first in the global agricultural DNA microarray industry. Other competitors, including Affymetrix and Agilent Technologies, will not change their competitive landscape in the short term. The development of the DNA microarray industry depends on the patient’s acceptance.
In the DNA microarray industry, acquisitions are very common in recent years, such as the acquisition of Affymetrix by Thermo Fisher Scientific in March 2016 and the acquisition of Illumnia by Thermo Fisher Scientific.