Lab-on-a-chip (LOC) Market 2022 to 2026 - Global Analysis By Type, By Applications

The Lab-on-a-chip (LOC) Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Lab-on-a-chip (LOC) Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

Lab-on-a-chip (LOC) Market is envisaged to record an expansion at the CAGR of 14% over the forecast period, 2021 – 2026

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Market Overview

With the outbreak of COVID–19, the market is expected to have a net positive impact on the lab-on-a-chip and microarray market. The global pandemic has increased the focus on the development of less time-consuming diagnostic kits along with the increased use of lab-on-a-chip and microarray techniques in pharmaceutical R&D, which is likely to have a positive effect on the market. Recently, one of the Singapore-based molecular diagnostics manufacturers, Veredus Laboratories in February 2020 has announced the commercial availability of their portable lab-on-chip diagnostic tool for the detection and differentiation 2019-nCoV, SARS-CoV, and MERS-CoV. This diagnostic test (VereCoV Detection Kit) combines both PCR and microarray technology, giving high specificity, sensitivity, and a 2-hour turnaround time to result. Therefore the healthcare facilities are looking for more accurate and less time-consuming diagnostic tests.

The major players covered in the Lab-on-a-chip (LOC) Market:

Danaher, Thermo Fisher Scientific, Roche, Abbott Laboratories, Bio-Rad Laboratories, Becton, Dickinson, PerkinElmer, Agilent Technologies, IDEX Corporation, Fluidigm Corporation

Recent Developments

Agilent Technologies Inc. announced today that it has recieved clearance from the Ministry of Health, Labour and Welfare (MHLW) in Japan for the GenetiSure Dx Postnatal Assay, a microarray-based assay for diagnostic use. This assay enables clinical geneticists to detect genetic aberrations associated with developmental delay, intellectual disabilities, congenital anomalies, and unexplained dysmorphic features.

Lab-on-a-chip (LOC) Breakdown Data by Type

Reagents & Consumables

Software & Services

Instruments

Lab-on-a-chip (LOC) Breakdown Data by Application

Genomics and Proteomics

Diagnostics

Drug Discovery

Others

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North America is Found, Dominates Market 

The United States lab-on-a-chip and microarrays (biochip) market holds a large market share in North America due to the presence of a high-quality healthcare system.

With the rising pandemic situation, there is a huge need for rapid testing kits in the market for COVID-19 testing, which is expected to supplement the growth of the market in the United States.

The field of point-of-care (POC) diagnostics also widely uses microfluidic technology for various applications, like molecular diagnostics, infectious diseases, and chronic diseases, in resource-limited settings. Therefore with the latest advances in the researches in microfluidics aim to produce integrated devices, which are self-contained, automated, easy-to-use, and rapid.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the Lab-on-a-chip (LOC) Market presented in the report. For the historical and forecast period 2016 to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The report offers an in-depth assessment of the growth and other aspects of the Lab-on-a-chip (LOC) Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.

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The COVID-19 pandemic had a minor impact on the Lab-on-a-chip (LOC) Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy.

Table of Contents:

Global Lab-on-a-chip (LOC) Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Lab-on-a-chip (LOC) Market Forecast

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This release was published on openPR.