Biochips Market Is Dazzling Worldwide | Major Giants Perkinelmer, Fluidigm, Agilent Technologies
According to HTF Market Intelligence, the Global Biochips market to witness a CAGR of 13.35% during forecast period of 2023-2028. The market is segmented by Global Biochips Market Breakdown by Application (Drug Discovery & Development, Disease Diagnostics, Genomics, Proteomics, Agriculture, Others) by Type (DNA Chips, Protein Chips, Lab-on-a-Chip, Others) by End User (Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostics Centers, Academic & Research Institutes, Other) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Biochips market size is estimated to increase by USD 5.43 Billion at a CAGR of 13.35% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 7.92 Billion.
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Definition:
A biochip is a small device that contains an array of microscopic biological sensors, such as DNA probes or antibodies, which can detect and analyze biological molecules such as proteins, nucleic acids, and cells. Biochips are used in a variety of applications, including medical diagnostics, drug discovery, environmental monitoring, and food safety testing.
Biochips market – Key Segment Analysis
The market share growth by the DNA Chips segment will be significant during the forecast period. The segment is driven by the Growing Expenditure of Clinical Research.
Biochips market – Competition Analysis
The global Biochips market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Perkinelmer, Inc. (United States), Fluidigm Corporation (United States), Agilent Technologies, Inc. (United States), Abbott Laboratories (United States), Bio-Rad Laboratories Inc. (United States), Cepheid Inc. (United States), Illumina, Inc. (United States), GE Healthcare (United States), Thermo Fisher Scientific, Inc. (United States), Roche Diagnostics (Switzerland).
Biochips market – Geographical Outlook
North America will provide maximum growth opportunities in Biochips market. According to our research, the region will account for % of the global market growth during the forecast period. The market in North America is driven by Growing Demand for Personalized Medications.
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What key data is demonstrated in this Biochips market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Biochips market between 2023 and 2028
- Precise estimation of the size of the Biochips market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Biochips market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of Biochips Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Biochips Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Biochips Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Biochips Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Biochips Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Biochips Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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