Biochip – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

Biochip – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

Latest market research report on Global Biochip Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Biochip market.

Biochips are essentially miniaturized laboratories that can perform hundreds or thousands of biochemical reactions simultaneously. Biochips allow researchers to quickly screen a large number of biological analytes for various purposes from disease diagnosis to bioterrorist detection.

The applications of biochips range from disease marker identification to accelerated drug development, including many research applications in the fields of genomics, genotyping and proteomics.

Strong demand for proteomics and genomics research products, coupled with a comprehensive drug development pipeline, is expected to drive revenue growth. There is an increasing need to reduce turnaround time and minimize biological and clinical tests for research and diagnosis, and thus the demand for biochip and bioarray technology continues to increase. The rapid technological developments associated with these technologies and the broad product portfolio offered by the launch of new products are expected to provide researchers with a range of options particularly suited to their requirements. The increase in clinical research expenditures and the large allocation of resources for genomics and proteomics research are factors that further enhance the market's growth potential. Because biochip systems contain probes formatted in microscales on the glass surface, they require automated robotic tools to process and scan micro samples. Also, data analysis requires bioinformatics tools. It is expected that the demand for such specific tools and technologies to realize this technology will make biochips a highly complex and quite expensive technology while expanding the product range for the market.

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The Major Players Profiled in This Report Include:
Abbott
Agilent Technologies
Illumina
PerkinElmer
Thermo Fisher Scientific

The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
DNA Chips
Lab-on-a-Chips
Protein Chips

On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostics Centers
Academic & Research Institutes
Other End Users

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North America occupies a dominant position in the regional biochip industry. The rapid growth of personalized medicine, the increasing application of biochips mainly used for the development of new drugs, and the development of biochip technology are the factors leading to the dominant position in this region. Also, in this region, the high prevalence of chronic diseases such as cancer and diabetes is driving the demand for research and clinical diagnosis/disease management applications. The government plans to encourage precision medicine, and invest huge industry investments in cancer genomics, human proteomics and other aspects of research and development, which is also expected to lead to higher income in North America. Due to increased healthcare expenditures related to genomics, proteomics, and next-generation sequencing, as well as increased patient awareness of the development of diagnostic technology, especially in developing countries, the Asia-Pacific region may witness the fastest growth.

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Biochip Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Biochip Market by Types
Chapter 4 Segmentation of Biochip Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Biochip Market in Major Countries
Chapter 7 North America Biochip Landscape Analysis
Chapter 8 Europe Biochip Landscape Analysis
Chapter 9 Asia Pacific Biochip Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Biochip Landscape Analysis
Chapter 11 Major Players Profile
11.1 Abbott

11.1.1 Abbott Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Agilent Technologies

11.2.1 Agilent Technologies Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 Illumina

11.3.1 Illumina Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Key Questions Answered in This Report:
Which Trends Are Causing These Developments?
Who Are the Global Key Players in Biochip Market? What' s Their Company Profile, Their Product Information, Contact Information?
What Was Global Market Status of Biochip Market? What Was Capacity, Production Value, Cost, and PROFIT of Biochip Market?
What’s Market Analysis of Biochip Market by Taking Applications and Types in Consideration?
What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What About Import and Export?
What Is Biochip Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact on Biochip Market? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

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