Biochips Market Growth and Business Demand for top key Vendors - Thermo Fisher Scientific, Inc., Illumina, Inc., PerkinElmer Inc., Agilent Technologies, Inc., Fluidigm Corporation

Industry Trend Analysis:
The Biochips Market is expected to be around $26 billion by 2025. Increasing advancements in personalized medicine, rising demand for miniaturization of clinical and biological test systems, increase in research activities related to proteomics and genomics, advancements in designing protein arrays and rising applications of biochips in accelerated drug development are some of the major factors driving the growth of global biochips market. Moreover, increase in the incidence of chronic diseases such as cancer has prompted development of biochips to be used for diagnosing certain variants of these diseases and for controlling disease progression. According to the National Cancer Institute under the U.S. Department of Health and Human Services, between 2012 and 2030, new cancer cases around the world are expected to increase by 50% from 14 million to 21 million. With such high incidence of cancer, the related research efforts are expected to significantly increase thus favorably contributing to the growth of biochips market during the forecast period. However, factors such as high cost of biochip instrumentation and unclear regulatory guidelines can hamper the growth of this biochips market during the forecast period.

Competitive Analysis:
The key players operating in the global biochips market focus on strategic collaborations, acquisitions and mergers in order to strengthen their product portfolio as well as their product development activities. Some of the key players in this market are Thermo Fisher Scientific, Inc., Illumina, Inc., PerkinElmer Inc., Agilent Technologies, Inc., Fluidigm Corporation, General Electric Company, Bio-Rad Laboratories Inc., bioMérieux SA, and Cellix Ltd.

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Biochips Market Segmentation:
By Product:
DNA Chips
Protein Chips
Lab-on-a-chip
Tissue Arrays
Cell Arrays

By Application:
Gene Expression
Genomics
SNP Genotyping
Drug Discovery & Development
Clinical Diagnostics
Cancer Diagnosis & Treatment
Proteomics
Agricultural Biotechnology
IVD and POC
High-Throughput Screening

By Fabrication Technology:
Microfluidics
Microarrays
By End User:
Academic & Research Institutes
Hospitals and Diagnostics Centers
Biotechnology and Pharmaceutical Companies

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
...
5.Biochips Market, By Product
5.1.Introduction
5.2.Global Biochips Sales, Revenue and Market Share by Product (2014-2018)
5.2.1.Global Biochips Sales and Sales Share by Product (2014-2018)
5.2.2.Global Biochips Revenue and Revenue Share by Product (2014-2018)
5.3.DNA Chips
5.3.1.Global DNA Chips Sales and Growth Rate (2014-2018)
5.4.Protein Chips
5.4.1.Global Protein Chips Sales and Growth Rate (2014-2018)
5.5.Lab-on-a-chip
5.5.1.Global Lab-on-a-chip Sales and Growth Rate (2014-2018)
5.6.Tissue Arrays
5.6.1.Global Tissue Arrays Sales and Growth Rate (2014-2018)
5.7.Cell Arrays
5.7.1.Global Cell Arrays Sales and Growth Rate (2014-2018)
6.Biochips Market, By Application
6.1.Introduction
6.2.Global Biochips Sales, Revenue and Market Share by Application (2014-2018)
6.2.1.Global Biochips Sales and Sales Share by Application (2014-2018)
6.2.2.Global Biochips Revenue and Revenue Share by Application (2014-2018)
6.3.Drug Discovery & Development
6.3.1.Global Drug Discovery & Development Sales and Growth Rate (2014-2018)
6.4.Clinical Diagnostics
6.4.1.Global Clinical Diagnostics Sales and Growth Rate (2014-2018)
6.5.Gene Expression
6.5.1.Global Gene Expression Sales and Growth Rate (2014-2018)
6.6.Genomics
6.6.1.Global Genomics Sales and Growth Rate (2014-2018)
6.7.SNP Genotyping
6.7.1.Global SNP Genotyping Sales and Growth Rate (2014-2018)
6.8.Cancer Diagnosis & Treatment
6.8.1.Global Cancer Diagnosis & Treatment Sales and Growth Rate (2014-2018)
6.9.Proteomics
6.9.1.Global Proteomics Sales and Growth Rate (2014-2018)
6.10.Agricultural Biotechnology
6.10.1.Global Agricultural Biotechnology Sales and Growth Rate (2014-2018)
6.11.IVD and POC
6.11.1.Global IVD and POC Sales and Growth Rate (2014-2018)
6.12.High-Throughput Screening
6.12.1.Global High-Throughput Screening Sales and Growth Rate (2014-2018)
7.Biochips Market, By Fabrication Technology
7.1.Introduction
7.2.Global Biochips Sales, Revenue and Market Share by Fabrication Technology (2014-2018)
7.2.1.Global Biochips Sales and Sales Share by Fabrication Technology (2014-2018)
7.2.2.Global Biochips Revenue and Revenue Share by Fabrication Technology (2014-2018)
7.3.Microfluidics
7.3.1.Global MicrofluidicsSales and Growth Rate (2014-2018)
7.4.Microarrays
7.4.1.Global Microarrays Sales and Growth Rate (2014-2018)
8.Biochips Market, By End User
To be Continued...

Drug discovery and development segment held a major share of the biochips market in 2016 as biochips are being increasingly adopted for developing highly specific drug molecules and new chemical entity (NCE) drugs for the treatment of various diseases. Biochips can considerably reduce the cost of drug discovery and aid in improving drug safety and hence are being widely adopted by biotechnology and pharmaceutical companies for drug discovery applications.

Two major technologies used for fabricating biochips involve microarrays and microfluidics. A microarray is a silicon chip or a glass slide which consists of an array of molecules such as polypeptides, clones, oligonucleotides and antibodies. These molecules used are primarily used for gene expression and simultaneous examination of relationship between different genes. Microfluidics is a technology which involves micro-channels segmented on glass or a silicon substrate. This technology has various biomedical applications that include immunoassays, drug discovery, capillary electrophoresis and cell biology research.

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