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Lab-On-a-Chip Market - Becton, Dickinson And Company, Agilent Technologies Inc., Danaher Corporation, Bio-Rad laboratories, Abbott Laboratories, Hoffman-La Roche Ag, PerkinElmer, Inc., IDEX Corporation, Thermo Fisher Scientific, Inc., Cepheid Inc. and Bia

08-06-2021 06:37 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Lab-On-a-Chip

Lab-On-a-Chip

Advancement in technology and techniques of diagnosing pathogen-based disease are expected to favor the lab-on-a-chip market growth. Due to the miniaturization of biochemical operations, better diagnostic speed, cost efficiency, ergonomics, sensitivity etc. can be achieved through lab-on-a-chip device. The biomedical applications of LoC in different fields such as diagnostics, cellomics, in environmental studies to control the effect of pathogens, to check the food quality, detection of various antibiotic families in raw milk favor the growth of lab-on-a-chip market.

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Lab-on-a-chip also helps in early detection of chronic diseases which in turn also reduces mortality rate.

Market Dynamics

Increasing adoption of lab-on-a-chip technology is expected to boost the growth of the lab-on-a-chip market. The trend of single-combined tests over numerous tests for various applications is expected to favor growth of the lab-on-a-chip market. The innovation carried out by manufacturers and researchers is positively impacting this market. For instance, in August 2017, researchers in the engineering and chemistry departments of Brigham Young University in Utah developed a 3D-printed lab-on-a-chip device to achieve true microfluidic flow.

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COVID-19 Impact:

The outbreak of COVID-19 has placed an economic burden on the healthcare sector. Private healthcare is one of the major sectors affected by the global pandemic. Moreover, the pandemic has affected the supply, production, and development of drugs and other healthcare products. Thus, the emergence of COVID-19 is expected to hamper the global Lab-On-a-Chip Market growth over the forecast period.

Market-research techniques encompass qualitative techniques. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. Lab-On-a-Chip Market Research Report gives current competitive analysis and also valuable insights to clients/industries, which will assist them to prepare a new strategy to expand or penetrate in a global Lab-On-a-Chip Market.

Major Key Players Are: Becton, Dickinson And Company, Agilent Technologies Inc., Danaher Corporation, Bio-Rad laboratories, Abbott Laboratories, Hoffman-La Roche Ag, PerkinElmer, Inc., IDEX Corporation, Thermo Fisher Scientific, Inc., Cepheid Inc. and Biacore AB.

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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