Adroit Market Research

Advances in Lab-on-a-Chip Activities to Secure Incremental Growth in Global Biochip Market

Global biochips market generated USD 8,555.7 million in 2018 and is anticipated to grow at a CAGR of 15.7% over the forecast period from 2019 to 2025

 

Dallas, TX -- (SBWIRE) -- 02/06/2020 -- Onset of biochip has proved revolutionary in improving patient profiling besides assisting clinicians to develop enhanced diagnostic apparatus to render superlative healthcare across patient pools. Biochips are extremely tiny, wafer substances that are most often obtained from silicon, quartz, plastic and glass.

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There are several tested methods to obtain biochips of the highest grade intended for multidisciplinary adoption. In recently collated business report, Adroit scouts for ongoing market developments and recent trends that shape growth in global biochip market.

Deploying biochip further assists improved microarray development, thus adequately replacing substrate with a biochip instead, thus enabling improved medical profiling of patients. The process in termed Biochip Array technology and finds applications in disease occurrence analysis to leverage apt medical aid.

With surged instances of cancer and tumors globally, reliance on advanced diagnosis is likely to grow multifold, thus adoption of biochips in pursuing preventive diagnosis is also likely to expedite. Adherence to stringent regulatory norms in biochip formulation is crucial to avert non-desirable biological interactions.

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Biochips remain indispensable for pursuing advances in NGS (Next Generation Sequencing). Biochips and NGS tactics are crucial in offsetting several biological challenges such as single cell, rare cell and rare molecule analysis. Biochips in tandem with NGS continue to benefit clinical genomics, genetic screening, metagenomics, neuroscience, stem cell, as well as pharmacogenetics.

NSG technology has its limitations such as challenges in analyzing bulk sequencing. To correct this, adoption of biochips is the best logical solution to mediate single cell analysis at high resolutions, besides limiting operational costs. One of the most vital applications of biochips in NSG is in microfluidic single cell separation. Further, laser based single cell separation is yet another application of biochips in NSG.

Dynamic understanding on the market overview in global solar trackers market has been assessed and analyzed in depth to equip report readers with conclusive insights on market progress, encompassing market dynamics, drivers, threats, challenges, and trends that lend holistic growth in global biochip market. The report also sheds light on systematic segmentation on the basis of which the market is clustered into type, technology, and application.

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The global solar tracker market is diversified into core segments such as product, fabrication technique, analysis, and application. By product the market is classified into DNA, protein, enzyme, and lab-on-a-chip. Microarray and microfluids are popular fabrication techniques in global biochip space. Based on analysis, mass spectrometry, electrical signals, magnetism and the like are popular analysis methods. Further, in terms of applications, global biochip market is stratified into molecular analysis, diagnostics, and non-biological. Further, an in-depth assessment of regional diversification is also elaborated in the report on the basis of which Europe, North and South America, APAC, and MEA are identified as core regional growth hubs.

Some of the major companies operating in this industry include Abbott, Biognosys, Inc., Bio-Rad Laboratories, Inc., Boreal Genomics, Inc., Epigem Ltd., INTEGREX Research, IDEX Health & Science LLC, SuperBioChips Laboratories, Randox Laboratories Ltd., US Biomax Inc., InSilixa, and Akonni Biosystems, Inc. among other prominent players.

Key segments of the global biochips market

Product Overview, 2015-2025 (USD Million)


- DNA Chip

- Protein Chip

- Enzyme Chip

- Lab-on-a-chip


Fabrication Techniques Overview, 2015-2025 (USD Million)


- Microarray

- Microfluidics


Analysis Methods Overview, 2015-2025 (USD Million)


- Electrophoresis

- Luminescence

- Mass Spectrometry

- Electrical Signals

- Magnetism


Applications Overview, 2015-2025 (USD Million)


- Molecular Analysis

- Diagnostics

- Non-Biological Usage


Regional Overview, 2015-2025 (USD Million)


- North America

- S.

- Canada

- Europe

- UK

- Germany

- France

- Switzerland

- Rest of Europe

- Asia Pacific (APAC)

- India

- China

- Japan

- Australia

- Rest of APAC

- Latin America

- Brazil

- Mexico

- Rest of Latin America

- Middle East & Africa (MEA)

- GCC

- Rest of MEA


What does the report include?


- The study on the global biochips market includes qualitative analysis of factors such as drivers, restraints, opportunities, and competitive landscape analysis

- Additionally, the market has been evaluated using the industrial value chain analysis comprising upstream and downstream analysis, cost analysis and product type analysis

- The study covers qualitative and quantitative analysis of the overall market segmented on the basis of product, end users and breakdown of the same at regional level

- Actual market sizes and forecasts have been provided for all the considered segments

- The study includes the profiles of key market players with a significant global and/or regional presence along with top company positioning


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