Learn details of the Advances in Lab Chip Devices Market Forecast and Segments, 2016-2026
Lab Chip Devices Market: Drivers and Restraints
Lab Chip devices is a new technology which is driving the current Laboratory testing market and also suffices the current need of the market where the trace samples are to be analyzed. The applications of such devices are more inclined towards the medical examination and life sciences, where protein crystallization and DNA, RNA sequencing can be studied. Moreover the features of being handy and easy to use are the factors expected to fuel the growth of global Lab Chip Devices Market. These devices are also portable and easy to carry hence can be widely used in Hospitals and ambulatory surgical centers as well. Use of the conventional laboratory services may act as a restraint in the present market as it may take time for the technology to be acknowledged and admired by health care professionals.Though there are hurdles pertaining to the commercialization of new technology, but in the long run these devices will become crucial.
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Lab Chip Devices Market: Segmentation
The global Lab Chip Devices Market has been classified on the basis of application, end user and geography.
Based on application, the global Lab Chip Devices is divided into following:
In vitro Diagnostics
Point of Care Diagnostics
Others (Biodefense, Food Pathogen Identification, and Environmental Contamination)
Based on the end user type, the global Lab Chip Devices is divided into following:
Biotechnology and Pharmaceutical Companies
Academic & Research Institutes
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Lab Chip Devices Market: Overview
The first ever lab chip devices was created by Stanford university in the year 1979 for gas chromatography. However the actual use of lab chip devices began in the late 80s through the adaptation of micro fabrication processes and development of the micro fluids. In 1990s the scientist began to explore fluids and shorten the biochemical operation such as PCR. Recently all the most probable applications of Lab chip devices have been studied and have shown promising results. For many applications the Lab chip devices not only shows capacity of integration and parallelization but also demonstrates promising results as compared to the conventional technology. Currently these technology is widely used in molecular biology, proteomics, Cell biology and chemistry.
Lab Chip Devices Market: Regional Overview
Region wise, the global Lab Chip Devices Market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa.North America leads the global Lab Chip Devices Market followed by Europe.
Lab Chip Devices Market: Key Players
Some of the key players in global Lab Chip Devices market are Takara Bio, Inc., Biacore AB, Bio-Rad Laboratories, Ltd., Caliper Life Sciences, Cepheid. and others.
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