Biochips Market Size, Report, Analysis, Recent Trends, Growth and Forecast 2021-2026

According to the latest report by IMARC Group, titled Biochips Market Size : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The global biochips market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 15% during 2021-2026

Biochips stand for the miniaturized medical device that includes a large collection of microarrays for multiple biochemical reactions at the same time. They contain several biosensors that enable the screening of several biological analytes, such as enzymes, proteins, DNA, biological molecules, antibodies, etc. Biochips are mainly utilized in drug discovery, in-vitro diagnostics, single nucleotide polymorphism genotyping, gene expression profiling, agricultural biotechnology, etc. As a result, they are extensively adopted across various pharmaceutical firms, scientific and academic laboratories, and healthcare facilities.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Biochips Market Trends:

The growing prevalence of chronic diseases, coupled with an increasing geriatric population worldwide, is primarily driving the market for biochips. In the recent times, the rising occurrence of cancer has also increased the use of biochips for the early detection of cancerous cells in the body. In addition to this, growing consumer health concerns towards numerous viral infections and immunological disorders also fuel the demand for biochips for new drug discovery and development activities. Additionally, numerous advancements in microfluid technology have led to the implementation of specially designed biochips for various laboratory procedures. Moreover, rising investments in the healthcare sector related to cancer genomics, human proteome, and DNA analysis are also further expected to drive the market for biochips.

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Global Biochips Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Agilent Technologies, Inc., bioMérieux SA, Bio-RAD Laboratories, Inc., CapitalBio Corporation, Dynamic Biosensors GmbH, EMD Millipore Corporation, Fluidigm Corporation, Illumina, Inc., Perkinelmer, Inc., and Thermo Fisher Scientific Inc.

The report has segmented the market on the basis on region, product type, fabrication technique, analysis method, application and end user.

Breakup by Product Type:

  • DNA Chip

  • Protein Chip

  • Lab-On-a-Chip

  • Enzyme Chip

Breakup by Fabrication Technique:

  • Microarray

  • Microfluidic

Breakup by Analysis Method:

  • Electrophoresis

  • Luminescence

  • Mass Spectrometry

  • Electrical Signals

  • Magnetism

Breakup by Application:

  • Molecular Analysis

    • Hybridization

    • Protein

    • Immunological

    • Biomolecules

    • Biomarker

    • Others

  • Diagnosis

    • Gene Diagnosis

    • Oncology

    • Inflammatory

    • Others

  • Non-Biological Usage

Breakup by End User:

  • Pharmaceutical and Biotechnology Companies

  • Hospitals and Diagnostics Centers

  • Academic & Research Institutes

  • Others

Breakup by Region:

  • North America:( United States, Canada)

  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

  • Latin America: (Brazil, Mexico,Others)

  • Middle East and Africa

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Key highlights of the report:

  • Market Performance (2015-2020)

  • Market Outlook (2021-2026)

  • Porter’s Five Forces Analysis

  • Market Drivers and Success Factors

  • SWOT Analysis

  • Value Chain

  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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