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Biochips Market Trends and Updates 2020-2026 || Leading Players - Illumina, Inc., FluidigmPerkinElmer Inc., Agilent Technologies, Inc., Arbor Biosciences, Now Elim Biopharm, Inc.
Biochips Market
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Few of the major market competitors currently working in the global biochips market are: Thermo Fisher Scientific Inc., Abbott, F. Hoffmann-La Roche Ltd, Cepheid, Bio-Rad Laboratories, Inc., GENERAL ELECTRIC, Illumina, Inc., FluidigmPerkinElmer Inc., Agilent Technologies, Inc., Arbor Biosciences, Now Elim Biopharm, Inc.., Genalyte, Inc., Hologic, Inc., Agendia , Illumina, Inc..and others
A comprehensive Biochips market research report gives better insights about different Biochips market segments on which businesses are highly depending for thriving in the market. All the information, statistics and data included in this report has been collected from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. This information is again tested and verified by the market experts before providing it to the end user. This industry report also offers such wide-ranging market information to explore practical growth strategies and recommendations.
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Market Definition: Global Biochips Market
Biochips, is a miniaturized device which can perform thousands of biochemical reactions and are used in molecular biology. Biochips unique features are bio-microsystems are parallelism, integrated intelligence, low cost, speed, complexity and redundancy. They are used in various application such as research application in biotechnology such as genomics and proteomics, drug screening and development and molecular diagnostics. These are used for detection of cancer & other diseases and to provide personalized medicines in the industry
Biochips Market Drivers : -
Rapid growing application of biochips will drive the market growth
Technological advancements and new product launches in the market.
Rising demand of biochips in developing countries is expected to increase the market share.
Increasing adoption of personalized medicines by households will also propel the growth of this market.
Biochips Market Restraints :-
Strict government regulatory guidelines related to biochips are hampering the growth of the market
High instrument costs will also restrain the growth of this market,
Segmentation: Global Biochips Market
Biochips Market : By Product Type:-
DNA Chip
Lab-on-a-chip
Protein Chips
Other Arrays
Biochips Market : By Application:-
Drug discovery and development
Disease diagnostics
Genomics
Proteomics
Agriculture
Other applications
Biochips Market : By Fabrication Technology:-
Microarrays
Microfluidics
Biochips Market : By End user:-
Hospital
Diagnostic Centers
Biotechnology & Pharmaceutical Companies
Academic & Research Institutes
Biochips Market : By Geography:-
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Biochips Market:
In April 2019, Qurin Diagnostics B.V. and Lionix International B.V. announced their acquisition of Surfix B.V., this combination will strengthen the company and enable in bringing technology to the global biomedical market. Currently company is working together closely on early cancer detection and have realized a sensitive biochip. This acquisition will benefit Qurin and Lionix in technology advancement, strengthening their position and enabling better service. Such merger and acquisition in the field of biochips will lead to its market expansion in the forecasting future.
In April 2018, SEKISUI CHEMICAL CO., LTD. announced its acquisition of Veredus Laboratories Pte. Ltd. The aim will be to introduce and expand the diagnostic reagent and analyzer products of the company, also knowledge and experience of Veredus Laboratories will be utilized to construct such a system. This acquisition will benefit Sekisui chemicals in expanding globally, delivering efficient services and expanding its product portfolio.
Competitive Analysis:
Global biochips market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biochips market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Opportunities in the Biochips Market :-
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
To describe and forecast of Biochips market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
To get a comprehensive overview of the Biochips market.
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