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gauricmi · 2 years ago

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Global Lab-on-a-chip and Microarrays (Biochip) Market Is Estimated To Witness High Growth Owing to Technological Advancements and Increasing Demand for Point-of-Care Testing

The global Lab-on-a-chip and Microarrays (Biochip) Market is estimated to be valued at USD 41,690.9 million in 2022 and is expected to exhibit a CAGR of 13.43% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

A) Market Overview:

Lab-on-a-chip and microarray technologies are revolutionizing the healthcare industry by enabling efficient and rapid diagnostic testing. These biochips integrate laboratory functions onto a single chip, reducing the need for manual processing and enabling miniaturization of complex testing procedures. These chips find applications in various fields such as genomics, proteomics, and drug discovery.

B) Market Dynamics:

1. Technological Advancements: Lab-on-a-chip and microarray technologies have witnessed significant advancements in recent years, leading to improved accuracy, sensitivity, and reliability of diagnostic tests. The integration of microfluidics, nanotechnology, and biosensors has opened up new possibilities for point-of-care testing, where patients can get immediate results without the need for laboratory infrastructure. For example, the development of lab-on-a-chip devices for detecting infectious diseases such as COVID-19 has been crucial in controlling the spread of the pandemic.

2. Increasing Demand for Lab-on-a-chip and Microarrays (Biochip) Market and the rising prevalence of chronic diseases, such as diabetes and cardiovascular diseases, has increased the demand for rapid and accurate diagnostic tests at the point of care. Lab-on-a-chip and microarray technologies offer the potential for real-time, portable, and cost-effective testing, making them highly attractive for point-of-care applications. These technologies eliminate the need for sample transportation and centralized labs, reducing the turnaround time and improving patient care.

C) SWOT Analysis:

Strengths:

1. Miniaturization and portability of testing procedures

2. Rapid and accurate diagnostic results

Weaknesses:

1. High initial investment and production costs

2. Complex manufacturing processes

Opportunities:

1. Growing demand for personalized medicine and targeted therapies

2. Integration of lab-on-a-chip and microarray technologies with artificial intelligence for data analysis and interpretation

Threats:

1. Stringent regulatory requirements for product approvals

2. Competition from alternative technologies such as next-generation sequencing

D) Key Takeaways:

- The global Lab-on-a-chip and Microarrays (Biochip) Market is expected to witness high growth, exhibiting a CAGR of 13.43% over the forecast period, due to increasing technological advancements and the demand for point-of-care testing.

- North America is currently the fastest growing and dominating region in the market, driven by the presence of key players, well-established healthcare infrastructure, and increasing adoption of advanced diagnostic technologies.

- Key players operating in the global Lab-on-a-chip and Microarrays (Biochip) Market include Merck KgaA, QIAGEN NV, BioMérieux, Illumina Inc., Micronit BV, PerkinElmer Inc., Thermo Fisher Scientific, Fluidigm Corporation, Bio-Rad Laboratories Inc., Agilent Technologies Inc., Abbott Laboratories, Phalanx Biotech Group, and Danaher Corporation (Cepheid). These companies are focusing on product advancements, partnerships, and acquisitions to gain a competitive edge in the market.

In conclusion, the Lab-on-a-chip and Microarrays (Biochip) Market is poised for significant growth due to the technological advancements and increasing demand for point-of-care testing. These biochips have the potential to revolutionize healthcare by providing rapid and accurate diagnostic results at the patient's bedside, thereby improving patient outcomes and reducing healthcare costs.

#Lab-on-a-chip and Microarrays (Biochip) Market

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marketingreportz · 8 months ago

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DNA Diagnostics Market - Forecast(2024 - 2030)

Advancement in product design and technology has encouraged doctors and researchers to shift their focus from traditional diagnostic methods to novel technologies. Adoption of personalized medicines approach would positively influence the DNA diagnostics market in the near future. The optimization of sequencing technology can increase the market for DNA diagnostics.

Sample Request :

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Title: Unraveling the Double Helix: A Guide to DNA Diagnostics

Briefly introduce DNA diagnostics and its significance in modern healthcare.

Mention how DNA testing has evolved from paternity tests to sophisticated diagnostics for personalized medicine.

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Explain what DNA diagnostics entails and how it works on a basic level.

Describe the types of tests available (e.g., genetic screening, ancestry, disease predisposition, pharmacogenomics).

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Applications of DNA Diagnostics

Detail the primary areas where DNA diagnostics is applied:

Medical Diagnosis: Identifying genetic disorders or predispositions to conditions like cancer, cardiovascular diseases, etc.

Ancestry and Genealogy: How people are using DNA to learn about their roots.

Pharmacogenomics: Matching medications to individuals based on genetic profiles.

Prenatal Screening: Screening for genetic disorders in unborn babies.

How DNA Diagnostics Works

Break down the DNA diagnostic process:

Sample collection (saliva, blood).

Laboratory analysis.

Interpretation of results by experts.

The Pros and Cons of DNA Diagnostics

Pros: Early disease detection, personalized treatment, better understanding of one’s health.

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Summarize the potential benefits of DNA diagnostics while urging readers to consider ethical implications.

Encourage readers to consult healthcare professionals before using DNA diagnostics services.

Geographic regions analyzed for DNA diagnostics market is divided into four sections i.e. North America, Europe, Asia Pacific and Rest of the World. An increased adoption of the DNA diagnostics technology, availability of infrastructure, growing awareness on timely diagnosis and possibility for more precise results are the driving factors for the market in North America and Europe. Asia Pacific is expected to show fastest growth in the future due to high funding by government in healthcare facilities that enable advancement in R&D and introduction of new technology.

This report identifies global DNA diagnostics market on the basis of technology, application and regional market as follows:

DNA diagnostics market is segmented based on technology include polymerase chain reaction (PCR), microarrays, lab-on-chip or biochips and in situ hybridization technologies are some of the major DNA diagnostics techniques available

Based on applications of DNA diagnostics — detection of mutations, disease causing genes, diagnosing monogenic disorders, etc.

This report is further segmented based on potential markets for DNA diagnostics. A detailed analysis by region — United States, Europe, Asia-Pacific (APAC) and Rest of the World (RoW), has been provided in this report.

For more information of DNA Diagnostics Market click here

#DNADiagnostics #GeneticTesting #PersonalizedMedicine #Biotech #Genomics

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oneup-business-insights · 4 years ago

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#lab on a chip #microarrays #biochip #healthcare #healthcare industry #healthcare & pharma #healthcare IT #health tech #market research #research #research report

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awesomechrisharry · 4 years ago

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Lab-on-a-chip and Microarrays(BIOCHIP) Market 2020 Analysis & Recent Developments, Share to 2025

The research report on Lab-on-a-chip and Microarrays(BIOCHIP) market as well as industry is an in-depth study that provides detailed information of leading players, qualitative analysis and quantitative analysis, types & end-users; historical figures, region analysis, market technology landscape & restraints, strategic planning, and a precise section for the effect of Covid-19 on the industry. Our research analysts intensively determine the significant outlook of the global Lab-on-a-chip and Microarrays(BIOCHIP) market study with regard to primary research & secondary research and they have represented it in the form of figures, pie charts, tables & other pictorial representations for better understanding.

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The report on Lab-on-a-chip and Microarrays(BIOCHIP) market claims this industry to emerge as one of the most lucrative spaces in the ensuing years, exhibiting a modest growth rate over the forecast period. Enumerating a highly exhaustive outline of Lab-on-a-chip and Microarrays(BIOCHIP) Market size, this report is also inclusive of the total valuation that the Lab-on-a-chip and Microarrays(BIOCHIP) industry presently holds, a brief segmentation of this market and Lab-on-a-chip and Microarrays(BIOCHIP) market growth opportunities of this industry in addition to its geographical expanse.

Major Key Players Covered In This Report:

Abbott Laboratories, Agilent Technologies, Bio-Rad Laboratories, Beckman Coulter, Cepheid, Fluidigm, GE Healthcare, Roche Holding, Illumina, Biomerieux, Thermo Fisher Scientific, PerkinElmer

Lab-on-a-chip and Microarrays(BIOCHIP) Market Analysis by 2020

This research report based on ‘Lab-on-a-chip and Microarrays(BIOCHIP) market’ and available with Acquire Market Research includes latest and upcoming market trends in addition to the global spectrum of the ‘Lab-on-a-chip and Microarrays(BIOCHIP) market’ that includes numerous regions. Moreover, the research also expands on intricate details pertaining to contributions by key Manufacturers, import & export, demand and supply analysis as well as industry size, share growth of the Lab-on-a-chip and Microarrays(BIOCHIP) industry.

The specified segments and sub-sections of the market are explained below:

By Product Type:

DNA Microarrays, Microfluidics

By Application/End-user:

Genomics, Proteomics, Cell Assays, Clinical Diagnostics, Drug Discovery, Others

By country/region:

North America

Europe

Asia-Pacific

South America

Middle East and Africa

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Frequently Asked Questions About This Market Research Report:

What are the latest trends, and strategies followed by leadings companies?

What is the market share of each Major Players specified in this report?

What are opportunities for Lab-on-a-chip and Microarrays(BIOCHIP) investors and market aspirants?

What are the major product types and which applications are known?

Which countries are analyzed in this report?

What is the market size, and demand for Lab-on-a-chip and Microarrays(BIOCHIP) on a global level?

What is the CAGR value of Lab-on-a-chip and Microarrays(BIOCHIP) Market?

About Us:

Acquire Market Research is a market research-based company empowering companies with data-driven insights. We provide Market Research Reports with accurate and well-informed data, Real-Time with Real Application. A good research methodology proves to be powerful and simplified information that applied right from day-to-day lives to complex decisions helps us navigate through with vision, purpose and well-armed strategies. At Acquire Market Research, we constantly strive for innovation in the techniques and the quality of analysis that goes into our reports.

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#Lab-on-a-chip and Microarrays(BIOCHIP)#Lab-on-a-chip and Microarrays(BIOCHIP) market

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stanleystangele · 5 years ago

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Lab-on-a-chip and Microarrays(BIOCHIP) Market: Future Demand, Analysis & Outlook to 2025

The research report on Lab-on-a-chip and Microarrays(BIOCHIP) market as well as industry is an in-depth study that provides detailed information of leading players, qualitative analysis and quantitative analysis, types & end-users; historical figures, region analysis, market technology landscape & restraints, strategic planning, and a precise section for the effect of Covid-19 on the industry. Our research analysts intensively determine the significant outlook of the global Lab-on-a-chip and Microarrays(BIOCHIP) market study with regard to primary research & secondary research and they have represented it in the form of figures, pie charts, tables & other pictorial representations for better understanding.

To Know More Details About This Report, Get Sample @ http://www.acquiremarketresearch.com/sample-request/347739

The report on Lab-on-a-chip and Microarrays(BIOCHIP) market claims this industry to emerge as one of the most lucrative spaces in the ensuing years, exhibiting a modest growth rate over the forecast period. Enumerating a highly exhaustive outline of Lab-on-a-chip and Microarrays(BIOCHIP) Market size, this report is also inclusive of the total valuation that the Lab-on-a-chip and Microarrays(BIOCHIP) industry presently holds, a brief segmentation of this market and Lab-on-a-chip and Microarrays(BIOCHIP) market growth opportunities of this industry in addition to its geographical expanse.

Major Key Players Covered In This Report:

Abbott Laboratories, Agilent Technologies, Bio-Rad Laboratories, Beckman Coulter, Cepheid, Fluidigm, GE Healthcare, Roche Holding, Illumina, Biomerieux, Thermo Fisher Scientific, PerkinElmer

Lab-on-a-chip and Microarrays(BIOCHIP) Market Analysis by 2020

This research report based on ‘Lab-on-a-chip and Microarrays(BIOCHIP) market’ and available with Acquire Market Research includes latest and upcoming market trends in addition to the global spectrum of the ‘Lab-on-a-chip and Microarrays(BIOCHIP) market’ that includes numerous regions. Moreover, the research also expands on intricate details pertaining to contributions by key Manufacturers, import & export, demand and supply analysis as well as industry size, share growth of the Lab-on-a-chip and Microarrays(BIOCHIP) industry.

The specified segments and sub-sections of the market are explained below:

By Product Type:

DNA Microarrays, Microfluidics

By Application/End-user:

Genomics, Proteomics, Cell Assays, Clinical Diagnostics, Drug Discovery, Other

By country/region:

North America

Europe

Asia-Pacific

South America

Middle East and Africa

Check Discount @ http://www.acquiremarketresearch.com/discount-request/347739

Frequently Asked Questions About This Market Research Report:

What are the latest trends, and strategies followed by leadings companies?

What is the market share of each Major Players specified in this report?

What are opportunities for Lab-on-a-chip and Microarrays(BIOCHIP) investors and market aspirants?

What are the major product types and which applications are known?

Which countries are analyzed in this report?

What is the market size, and demand for Lab-on-a-chip and Microarrays(BIOCHIP) on a global level?

What is the CAGR value of Lab-on-a-chip and Microarrays(BIOCHIP) Market?

About Us:

Acquire Market Research is a market research-based company empowering companies with data-driven insights. We provide Market Research Reports with accurate and well-informed data, Real-Time with Real Application. A good research methodology proves to be powerful and simplified information that applied right from day-to-day lives to complex decisions helps us navigate through with vision, purpose and well-armed strategies. At Acquire Market Research, we constantly strive for innovation in the techniques and the quality of analysis that goes into our reports.

Contact Us:

http://www.acquiremarketresearch.com/

[email protected]

#Lab-on-a-chip and Microarrays(BIOCHIP) Market #Lab-on-a-chip and Microarrays(BIOCHIP) Market size

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billynor · 2 years ago

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mrfrblogresearch02 · 3 years ago

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Biochips Market Growth, Analysis, Latest Trends and Forecast till 2027

Market Highlights:

The Global Biochips Market Demand held a market value of USD 7,300 million in 2017 and is projected to grow at a CAGR of 16.6% over the forecast period.

Growth Drivers and Challenges

Microfluidics and Microarray technology have revolutionized the field of scientific research by reducing costs as well as time required for conventional laboratory-based approach of research. Microfluidics provide various benefits like reduced assay costs owing to need for less amount of sample in nano-liter or pico liter volume, increased sensitivity, accuracy, and throughput as compared to traditional laboratory procedures and also reduced labor cost. The products that are based on DNA microarrays, lab-on-a-chip, protein chips, as well as organ-on-a-chip technologies have managed to alleviate the existing problems associated with time and costs in their respective fields. Also, the research and development activities are underway at present, regarding the microarray and microfluidic technologies for numerous applications. This factor will turn out to be a high point for the market growth in the coming years. For instance, in the year 2017, Griffith Institute for Drug Discovery (GRIDD) started the process of developing microfluidic platform to further decrease time and costs needed for research.

To sum it up, extensive research and development in the field is expected to eventually elevate the adoption rate of these technologies. Case in point is the successful demonstration by scientists at Harvard University, which used the paper and threads as an ideal option for cheap microfluidic devices. moreover, integrating electrodes and electrical textile valves into such devices will make it even more useful.

Regional Analysis: Regionally, the global biochips market is split into the key regions of Europe, Asia Pacific, the Americas, along with the Middle East & Africa.

The biochips market, in the Americas, is flourishing in the regions of North America and South America, wherein the North America market is further split into the United States (US) and Canada. The humongous share belonging to the region can be credited to the expanding geriatric population; growing prevalence of lifestyle diseases like asthma, diabetes, and cardiac disorders; increasing adoption of biochips; and a substantial number of ongoing research activities and discoveries taking place related to biochips.

The Europe biochips market is divided into Western Europe and Eastern Europe. The Western Europe biochips market is spread across the countries of France, Germany, the United Kingdom (UK), Spain, Italy, and the rest of Western Europe.

The biochips market in Asia Pacific is thriving in the countries like India, China, Japan, Australia, South Korea, and the rest of Asia Pacific. Easy access to modern and latest technologies along with growing government initiatives and cost advantage of the technology is set to benefit the regional market to a large extent.

Lastly, the biochips market in the Middle East & Africa has is spread across the main regions of Middle East and Africa.

Market Segmentation: The Global Biochips Market has been segmented into type, technology, and end user.

By type, the market has been segmented into DNA chips, lab-on-a-chip, protein chips, cell arrays, and tissue arrays. DNA chips is further segmented into gene expression, SNP genotyping, cancer diagnosis & treatment, genomics, drug discovery, agricultural biotechnology, and others. Lab-on-a-chip is further segmented into clinical diagnostics, genomics, IVD (In-Vitro Diagnostic) & POC (Point of care), Proteomics, Drug Discovery, and others. Protein chips is further segmented into proteomics, expression profiling, diagnostics, high-throughput screening, drug discovery, others.

Based on technology, the market has been segmented into microarrays and microfluidics.

The biochips market, by end user, has been segmented into biotechnology and pharmaceutical companies, hospitals and diagnostics centers, academic & research institutes, and others.

Key Players Some of the prominent players in the global biochips market are Perkinelmer, Inc., Fluidigm Corporation, Agilent Technologies, Inc., Abbott Laboratories, Bio-Rad Laboratories Inc., Cepheid Inc., Illumina, Inc., GE Healthcare, Thermo Fisher Scientific, Inc, Roche Diagnostics, and others. About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

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#Biochips Market

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industryinsights · 3 years ago

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Biochips Market Size, Share Analysis, Key Companies, and Forecast To 2027

The biochips market has been growing significantly over the past few years. Biochips market size is expected to grow significantly over the forecast period. The market held a market value of USD 7,300 million in 2017 and is projected to grow at a CAGR of 16.6% over the forecast period.

Increasing technological advancements in biochips is a key driving force behind the growth of the market. Moreover, increasing the adoption of personalized medicine in cancer genomics applications are fostering the growth of the market. Furthermore, growing applications of biochips would help in boosting the growth in the market during the review period.

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Moreover, increasing mergers and acquisition, growing collaborations and partnerships, and product launches are some of the latest trends in the global biochips market. Furthermore, factors such as the increasing clinical trials and drug discovery activities, advancements such as lab-on-chip and splice variants, the wider application area of microarray, and government initiatives & support are expected to develop new market opportunities.

On the flip side, substantially high cost of the instruments and stringent regulatory guidelines are some of the significant factors inhibiting the growth of the global biochips market. Also, the lack of standardization in microarray data, and skilled professionals may restrain the growth of the market. Nevertheless, factors such as the need for early cancer detection, diagnosis, and large-scale DNA/gene chip initiatives are some of the predominant factors expected to support market growth over the assessment period.

Global Biochips Market - Segments

The report is segmented into four key market dynamics to widen the scope of understanding,

By Type : DNA Chips, Lab-on-a-Chip, Cell Arrays, Tissue Arrays, and Protein Chips, among others.

By Technology: Microarrays and Microfluidics.

By End-user: Biotechnology & Pharmaceutical Companies, Hospitals, and Diagnostics Centers, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Biochips Market - Regional Analysis

North America dominates the global biochips market followed by Europe. High per-capita healthcare expenses and the presence of major market players and well-established healthcare sector are the major factors driving the biochips market in North America. Furthermore, increasing technological advancement, growing research & development activities, increasing cancer incidences, and increasing government support are fostering the regional market growth.

The biochips market in the European region holds hold the second-largest share in the global market. The presence of strong academic & research base and availability of funding for research in the European countries drives the regional market growth. Moreover, factors such as improving healthcare infrastructure, growing prevalence of chronic diseases, increasing government expenditure, growing drug discovery, and development activities are acting as a significant tailwind to the biochips market in Europe.

The Asia pacific biochips market is an emerging market, globally. Increasing government focus on biomedical and biotechnology sector and the growing number of target population in the region foster the regional market growth. The biochips market in the rapidly developing economies, China and India are emerging due to an improved lifestyle, growing awareness about biochips & their benefits, and increasing government support.

In India, top pharma companies are now partly foreign-owned and are already generating more than half of their sales outside the country. Besides, economic growth has increased healthcare expenses in India.

Global Biochips Market - Competitive Analysis

Characterized by the presence of many large and small players, the global biochips market appears to be highly competitive as well as fragmented. These well-established players incorporate strategic initiatives such as acquisition, collaboration, expansion, and product launch to gain a competitive advantage in this market. Players operating in the biochips market compete based on pricing, availability, brand, and variety.

Major Players:

Players leading the global biochips market include Fluidigm Corporation, Perkinelmer, Inc., Agilent Technologies, Inc., Bio-Rad Laboratories Inc., Abbott Laboratories, Cepheid Inc., GE Healthcare, Illumina, Inc., Thermo Fisher Scientific, Inc, and Roche Diagnostics among others.

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marketreseach · 4 years ago

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Separation Systems For Commercial Biotechnology Market Analysis 2021-2026 By Requirements, Demands and Supply :Thermo Fisher Scientific, GE Healthcare

The global research report titled “Separation Systems For Commercial Biotechnology Market” has recently been published by The Research Insights which helps to provide guidelines for the businesses. It has been aggregated based on different key pillars of businesses such as drivers, restraints, and global opportunities. This Separation Systems For Commercial Biotechnology Market research report has been compiled by using primary and secondary research techniques. Finally, researchers direct their focus on some significant points to give a gist about investment, profit margin, and revenue.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Separation Systems For Commercial Biotechnology Market: Thermo Fisher Scientific, GE Healthcare, Agilent Technologies;Shimadzu Corporation, bioM rieux SA, Bio-Rad Laboratories, Inc., Hitachi Koki Co., Ltd., Merck & Co., Inc., QIAGEN, WATERS, Sartorius, PerkinElmer, Inc., Danaher, Miltenyi Biotec, BD

This report segments the global Separation Systems For Commercial Biotechnology Market based on Types are:

Microarray

Lab-on-a-chip

Biochip

Magnetic separation

Chromatography

Flow cytometry

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Centrifugation

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Pharmaceutical

Food & Cosmetics

Agriculture

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Regional analysis of Global Separation Systems For Commercial Biotechnology Market:

Geographically, the global Separation Systems For Commercial Biotechnology Market has been fragmented into several regions such as North America, Latin America, Asia-Pacific, Africa, and Europe based on the productivity of several companies. Every segment along with its sub-segments is analyzed in the research report. The competitive landscape of the market has been elaborated by studying numerous factors such as top manufacturers, prices, and revenue.

The information on the global Separation Systems For Commercial Biotechnology Market is accessible to readers in a logical chapter-wise format. Driving and restraining factors have been listed in this research report, which helps to understand positive and negative aspects in front of the businesses.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The Separation Systems For Commercial Biotechnology Market study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The Separation Systems For Commercial Biotechnology Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Separation Systems For Commercial Biotechnology Market report includes the accurately studied and assessed data of the key industry players and their scope in the market using several analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the key players’ growth in the market.

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#separation systems for commercial biotechnology market #Separation Systems For Commercial Biotechnology Market Research

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vivekbajaj-grs · 4 years ago

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Global and Regional Biochips Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027

The global Biochips market was valued at 8689.25 Million USD in 2020 and will grow with a CAGR of 8.93% from 2020 to 2027, based on Our Researcher newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Biochips are bio-microsystems. Bio-microsystems are small integrated devices used for biochemical reactions, biological monitoring, research, academic studies, drug discovery, and much more. In simple terms, biochips are small sized chips that can perform multiple (generally thousands) biochemical reactions parallelly. A collection of microarrays or micro-test sites form these biochips. Microarrays when arranged on a surface made up of either glass or silicon, can perform large numbers of tests at the same. Thus, they help in cost and time saving.North America accounted for the largest share of the biochips market in 2017. The large share of this regional segment can majorly be attributed to the rising geriatric population; increasing prevalence of lifestyle diseases, such as diabetes, asthma, and cardiac disorders; growing adoption of biochips; and a significant number of ongoing research activities and discoveries related to biochips in the North American region. In addition, major local companies have easy access to Biochips market, which makes it the largest and most significant market for suppliers. Asia-Pacific, on the other hand, is expected to grow at the highest CAGR over the next five years.

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By Market Verdors:

Abbott

Agilent Technologies

Illumina

PerkinElmer

Thermo Fisher Scientific

BioChain

Bio-Rad Laboratories

Cepheid

EMD Millipore

Fluidigm

SuperBioChips Laboratories

US Biomax

Roche Diagnostics

By Types:

DNA Chip

Lab-on-a-Chip

Protein Chip

By Applications:

Biotechnology and Pharmaceutical Companies

Hospitals and Diagnostics Centers

Academic & Research Institutes

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Table of content

Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global Biochips Market Size Analysis from 2022 to 2027 1.5.1 Global Biochips Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global Biochips Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global Biochips Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: Biochips Industry Impact Chapter 2 Global Biochips Competition by Types, Applications, and Top Regions and Countries 2.1 Global Biochips (Volume and Value) by Type 2.1.1 Global Biochips Consumption and Market Share by Type (2016-2021) 2.1.2 Global Biochips Revenue and Market Share by Type (2016-2021) 2.2 Global Biochips (Volume and Value) by Application 2.2.1 Global Biochips Consumption and Market Share by Application (2016-2021) 2.2.2 Global Biochips Revenue and Market Share by Application (201

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marketresearchstrategy · 4 years ago

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Biochip Market Segmentation, Industry Analysis By Production, Consumption, Revenue And Growth Rate By 2028

The Global Biochip Market size was valued at USD 11.49 Billion in 2020 and is forecast to reach USD 29.90 Billion, at a CAGR of 11.7% through 2028, according to a new report by Reports and Data. The market growth is driven by increasing application of biochip in proteomics, genomics, and drug discovery, coupled with high investment in R&D.

Biochip technologies have a significant impact on genomic research. Various fields such as drug discovery, gene discovery, medical diagnostics, and toxicological research, are benefitting from the use of biochip technologies. Biochip technology is expensive, and its high cost is associated with the complexity of technology, various resources and extensive R&D that goes in for the product manufacturing. Several research institutes are focusing on enhancing the precision of the product while reducing costs and time. Rise in R&D investment, government funding and high potential in untapped markets is expected to offer lucrative growth opportunities for the biochip market.

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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.

Key Companies in the market include:

bioMrieux S.A., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Fluidigm Corporation, HORIBA Ltd., Illumina, Inc., PerkinElmer, Inc., Randox Laboratories Ltd., Thermo Fisher Scientific Inc., and QIAGEN N.V., among others.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Market segment analysis:

Product Outlook (Revenue, USD Billion; 2018-2028)

DNA Chip

Lab-on-chip

Protein Chip

Others

Technology Outlook (Revenue, USD Billion; 2018-2028)

Microfluidics

Microarray

Substrate Materials Outlook (Revenue, USD Billion; 2018-2028)

Glass

Polymers

Silicon

Others

Applications Outlook (Revenue, USD Billion; 2018-2028)

Genomics

Proteomics

Drug Discovery and Developments

In Vitro Diagnostics

Disease Diagnostics

Agriculture

End Users Outlook (Revenue, USD Billion; 2018-2028)

Pharmaceutical and Biotechnology Company

Academic and research institute

Hospitals and diagnostic centers

Other end users

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On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.

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Key Features of the Global Biochip Market Report:

Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value

Identification and analysis of significant trends and factors driving revenue growth of the market

Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches

Assessment of each market segment along with their growth trends and market revenue contribution

Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks

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marketresearchhealthcarefuture · 4 years ago

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World Biochips Market Analysis, Size, Share, Growth, Sales Statistics Key Players 2027

Market Insights:

Market Research Future (MRFR) provides an in-depth analysis of regional data with Growth Potential, Opportunities, Drivers, Industry-Specific Challenges for Worldwide Biochips Market.

Global Biochips Market held a market value of USD 7,300 million in 2017, according to the MRFR. The market is expected to exhibit a strong 16.6% CAGR over the forecast period from 2018 to 2023, according to the report.

Biochips are intended to function in biological environment, preferably inside living organism. The factors such as increasing technological advancements in biochips is the major driving factor for the market. Moreover, increasing adoption of personalized medicine, as personalised medicine has many applications in cancer genomics. Furthermore, growing applications of biochips will boost the market growth during forecast period. For instance, biochips can perform thousands of biological reactions operations in few seconds.

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However, high cost of the instruments and stringent regulatory guidelines may restrain the growth of the Biochips Market share

According to national Cancer Institute, in 2018, an estimated 1,735,350 new cases of cancer were diagnosed in the United States and 609,640 people may die from the disease.

Competitive Landscape:

Perkinelmer, Inc.,

Fluidigm Corporation,

Agilent Technologies, Inc.,

Abbott Laboratories,

Bio-Rad Laboratories Inc.,

Cepheid Inc.,

Illumina, Inc.,

GE Healthcare,

Thermo Fisher Scientific, Inc,

Roche Diagnostics

Segmentation:

The Global Biochips Market has been segmented into type, technology, and end user.

By type, the market has been segmented into DNA chips, lab-on-a-chip, protein chips, cell arrays, and tissue arrays. DNA chips is further segmented into gene expression, SNP genotyping, cancer diagnosis & treatment, genomics, drug discovery, agricultural biotechnology, and others. Lab-on-a-chip is further segmented into clinical diagnostics, genomics, IVD (In-Vitro Diagnostic) & POC (Point of care), Proteomics, Drug Discovery, and others. Protein chips is further segmented into proteomics, expression profiling, diagnostics, high-throughput screening, drug discovery, others.

Based on technology, the market has been segmented into microarrays and microfluidics.

The biochips market, by end user, has been segmented into biotechnology and pharmaceutical companies, hospitals and diagnostics centers, academic & research institutes, and others.

Regional Market Summary

Geographically, the Americas is anticipated to dominate the global biochips market owing to the high domestic income, and presence of major market players. Moreover, increasing patient population in US. According to American Cancer Society, the overall estimate of 1,735,350 cases for 2018 equals more than 4,700 new cancer diagnoses each day.

Europe is expected to hold the second largest position in the global biochips market. The market growth in this region is attributed to the presence of strong academic & research base and availability of funding for research in the European countries. For instance, the European Research Council (ERC) provides grants for technological and scientific research conducted within the European Union (EU).

The biochips market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increasing government focus on biomedical and biotechnology sector and growing number of target population in the region.

The Middle East & Africa has the lowest share of the global biochips market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.

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lucy20kart · 4 years ago

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Biochips Market 2021-2027 Trends, Research Report, Forecast to 2027

Biochips are miniaturized laboratories, that may perform simultaneous biochemical reactions. On the basis of functionality, biochips are classified as DNA chips, protein chips, lab-on-a-chips, and tissue and cell arrays. DNA chips, biochips or DNA microarrays consists of a microscope slide manufactured from materials such as for instance glass, silicon chips, and nylon membrane, that will be printed with thousands of minute spots.

The global Biochips Market is segmented centered on product, application, end user, and region. On the basis of product, the market is divided into DNA chip, protein chip, lab-on-a-chip, and others. The DNA chip segment accounted for the largest market share in 2017, and is expected to keep this trend throughout the forecast period, owing to high adoption of DNA chip products.

Biochip is just a miniaturized medical device utilized in molecular laboratories to transport out several biochemical reactions simultaneously. It can rapidly screen a number of biological analytes for an array of applications such as for instance disease diagnosis and detection of hazardous biological agents in a system. It was created on the basis of microarray and microfluidic technologies, among which digital microfluid biochip is highly efficient, and has gained significant popularity in the biochemical field.

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#Biochips #biochipsmarket

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techsciresearch · 4 years ago

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Biochip Market to Witness a 12.52% CAGR By 2026 | TechSci Research

Growing prevalence of chronic as well as infectious disease and increasing demand for personalized medicine are some major factors propelling the growth of the global biochip market.

According to TechSci Research report, “Global Biochip Market By Technology (Microarray v/s Microfluidics), By Type (DNA Chips, Lab-On-a-Chips, Protein Chips, Others), By Application (Drug Discovery & Development, Disease Diagnostics, Genomics, Proteomics, Others), By End User (Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostics Centers, Academic & Research Institutes, Others), By Company, By Region, Forecast & Opportunities, 2026”, the biochip market was valued at USD11694.24 million in 2020 and is expected to reach USD23890.58 million by registering a CAGR of 12.52%. The increasing prevalence of various chronic diseases like cancer, immunological disorders and other infectious diseases, especially among the geriatric population is acting as a major growth factor for the global biochip market. Moreover, the rising demand for targeted therapies and personalized medicines, extensive R&D activities and supportive government policies are some other key factors supporting the global biochip market growth. Furthermore, ongoing technological innovations and new product launches by major players operating in the market are expected to create lucrative growth opportunities for the market over the next five years. Additionally, biochips are also finding applications in the field of genomics, genotyping and proteomics. This in turn is likely to positively influence the market growth through 2026. Apart from that, various economies are increasing spending on clinical research which is further augmenting the growth of the global biochip market. However, the high cost of biochips and lack of awareness especially in developing and underdeveloped countries can hamper the market growth.

Browse 132 Figures spread through 110 Pages and an in-depth TOC on "Global Biochip Market"

https://www.techsciresearch.com/report/global-biochip-market/1259.html

The global biochip market is segmented based on type, technology, application, end user and region. Based on end user, the market can be fragmented into biotechnology & pharmaceutical companies, hospitals & diagnostics centers, academic & research institutes, and others. The hospitals & diagnostic centers segment dominated the market in 2020 by holding 40.53% of the market share and is expected to maintain its leading position in the market on account of the extensive use of biochips by them. This can be ascribed to the associated advantages of biochips such as affordability, time saving and ability to deliver high throughput without requiring instruments. In terms of application, the market is fragmented into drug discovery & development, disease diagnostics, genomics, proteomics, others. Out of which, the drug discovery & development application segment held the largest market share in 2020 on account of the growing development of targeted and personalized medicines for treating cancer. Also, the disease diagnostics segment is projected to witness the highest growth in the forthcoming years due to the rising demand for the detection and diagnosis of genetic disorders across the globe. Based on type, the market can be categorized into DNA Chips, Lab-On-a-Chips and Protein Chips. Out of which, the DNA chips segment dominated the market in 2020 on account of its widespread adoption and use of DNA chip products. Moreover, increased spending on research related to genomics and next-generation sequencing is further contributing to the growing demand for DNA biochips.

Major players operating in the global biochip market are Abbott Laboratories Ltd., Agilent Technologies, Inc., PerkinElmer Inc., Fluidigm Corporation, Illumina, Inc., GE Healthcare Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche AG, bioMérieux SA, Horiba, Ltd., Qiagen N.V., Randox Laboratories Ltd., OriGene Technologies, Inc., Hologic, Inc., among others. Companies are investing in developing advanced technologies and launching new services in order to enhance their product portfolio and are also undergoing inorganic growth strategies such as mergers & acquisitions, strategic partnerships, collaborations and joint ventures.

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“Regionally, North America is expected to dominate the global biochip market through 2026 on account of growing prevalence of various sedentary lifestyle associated diseases in the countries like United States and Canada. However, the Asia Pacific region is expected to register the fastest CAGR during the forecast period owing to the growth in life science industry and improving healthcare facilities in the region. Additionally, major players operating in the market are expanding their business in the region especially in countries like India and China, positively influencing the growth of the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Biochip Market By Technology (Microarray v/s Microfluidics), By Type (DNA Chips, Lab-On-a-Chips, Protein Chips, Others), By Application (Drug Discovery & Development, Disease Diagnostics, Genomics, Proteomics, Others), By End User (Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostics Centers, Academic & Research Institutes, Others), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of biochip market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global biochip market.

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techscimarketresearch · 4 years ago

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Biochip Market to Witness a 12.52% CAGR By 2026 | TechSci Research

Growing prevalence of chronic as well as infectious disease and increasing demand for personalized medicine are some major factors propelling the growth of the global biochip market.