Press release
Lab-on-a-chip And Microarrays(BIOCHIP) Market Size, Status, Global Outlook 2020 To 2026
Top Companies in the Global Lab-on-a-chip And Microarrays(BIOCHIP) Market
Abbott Laboratories (NYSE: ABT), Agilent Technologies, Inc. (NYSE: A), Bio-Rad Laboratories, Beckman Coulter, Cepheid, Fluidigm, GE Healthcare, Roche Holding AG (OTCMKTS: RHHBY), Illumina, Biomerieux, Thermo Fisher Scientific Inc. (NYSE: TMO), PerkinElmer, among others.
The global Lab-on-a-chip And Microarrays(BIOCHIP) Market to grow with a CAGR of 14.4% over the forecast period of 2021-2026.
Market Overview:
Biochips are being increasingly used in the area of biomedical and biotechnological research. With the advancement of technology in the medical field, there has been a rise in the adoption of biochips in proteomics, such as in microarrays. The advantages of protein biochips include low sample consumption and its inclination towards miniaturization. For instance, protein microarrays can display multiple proteins simultaneously, and these characteristics translate into its ability to process thousands of samples parallelly. This characteristic of microarrays is important for proteome-wide analysis. Proteomics is being widely adopted for biomarker and drug discovery. Moreover, the rise in demand for personalized medicine for diseases is contributing to the growth of the market.
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Microarrays (biochips) has been the technology of choice for large-scale studies of gene expression since their invention in the 1990s. Although microarray technology continues to advance, transcriptomics has expanded dramatically in the past few years, owing to the availability of new alternative technology, such as RNA-sequencing (RNA-seq) and Next Generation Sequencing (NGS).
Market Insights:
The lab-on-a-chip segment is expected to witness healthy growth over the forecast period
The Lab-on-a-chip and Microarrays (Biochip) Market are segmented based on type, application, end-user, and region. Based on type, it is segmented into DNA microarrays and lab-on-a-chip / microfluidics. Based on the application, it is classified into genomics, proteomics, cell assays, etc.
The lab-on-a-chip segment of the market studied is expected to have a positive market growth due to the rise in demand for diagnostics, the increasing global population, and technological advancement. Furthermore, the rise in the adoption of personalized medicine, and the easy accessibility of lab on chip technology will augment the demand for the same across the globe.
The United States Leads the Market in North America
Based on the geographic region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The United States lab-on-a-chip and microarrays (biochip) market held the largest market share in North America due to the presence of a high-quality healthcare system. In the Asia-Pacific sector, China and South Korea have been identified as potential emerging markets due to high R&D investments in the medical field.
Key Developments in the Market
June 2017: Biochips for wound healing - Complex biology and chip technology have been combined at the Vienna University of Technology. This enables customized, personalized medicine in the smallest spaces. For the first time, a chip for wound healing measurement was introduced publicly at an international expert audience in the exhibition Labvolution.
Related News
Thermo Fisher Scientific Inc. (NYSE: TMO)
BASINGSTOKE, England, April 27, 2020 -- The antimicrobials Cefiderocol and imipenem/sulbactam are now available on the U.S. Food and Drug Administration (FDA) approved micro broth dilution susceptibility plates, expanding testing options for microbiology laboratories, and providing the quantitative susceptibility results in clinicians need to make treatment decisions for serious Gram-negative infections.
Cefiderocol and imipenem/sulbactam, represent two of the latest treatment options for complicated urinary tract infections (cUTIs), including pyelonephritis. Imipenem/sulbactam is also indicated for the treatment of complicated intra-abdominal infections (cIAI).
(Source=thermofisher.mediaroom.com)
Agilent Technologies, Inc. (NYSE: A)
Agilent Introduces Three New Microarrays for Prenatal and Postnatal Research
SANTA CLARA, California, March 03, 2020: Agilent Technologies Inc. (NYSE: A) today introduced three new microarrays to meet the needs of cytogenetic laboratories conducting both prenatal and postnatal research.
The new Agilent GenetiSure Cyto microarrays include updated, clinically relevant content from respected databases. The probes on the Cyto microarrays provide high-resolution detection of copy number variations, and copy-neutral loss of heterozygosity associated with developmental delay, neuropsychiatric disorders, intellectual disability, congenital anomalies, or unexplained dysmorphic features in constitutional DNA samples.
(Source= www.pressreleasepoint.com)
The Lab-on-a-chip And Microarrays(BIOCHIP) market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Lab-on-a-chip And Microarrays(BIOCHIP) Market based on Types are
DNA Microarrays, Microfluidics
Based on Application, the Global Lab-on-a-chip And Microarrays(BIOCHIP) Market is Segmented into
Genomics, Proteomics, Cell Assays, Clinical Diagnostics, Drug Discovery, Others
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Regions Are covered By Lab-on-a-chip And Microarrays(BIOCHIP) Market Report 2020 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Lab-on-a-chip And Microarrays(BIOCHIP) Market
-Changing Lab-on-a-chip And Microarrays(BIOCHIP) market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Lab-on-a-chip And Microarrays(BIOCHIP) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Lab-on-a-chip And Microarrays(BIOCHIP) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Lab-on-a-chip And Microarrays(BIOCHIP) market:
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The report has 150 tables and figures browse the report description and TOC
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