Biochips Market Expands Amid Rising Adoption of Precision Medicine by 2024-2031 | Thermo Fisher Scientific, Abbott Laboratories, PerkinElmer Inc., Illumina, Inc.

Global Biochips Market is growing with a CAGR of 7.1% during the forecast period 2024-2031.

The latest Biochips market research report from DataM Intelligence delivers a comprehensive analysis of the global BiochipsMarket landscape, highlighting emerging trends, market size, competitive dynamics, and key growth drivers. By leveraging advanced analytics, technology trend mapping, and regulatory assessment, the report highlights emerging growth drivers, evolving care models, and investment opportunities. It equips stakeholders with strategic intelligence essential for navigating the complex healthcare ecosystem from clinical innovation to operational efficiency across the forecast period 2024-2031.

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Biochips are miniaturized laboratories capable of performing numerous biochemical reactions simultaneously, primarily used in diagnostics, drug discovery, and genomics. The global biochips market is experiencing strong growth, driven by rising demand for personalized medicine, increasing R&D in biotech and pharma, and advancements in point-of-care diagnostics. North America leads the market, with Asia-Pacific emerging rapidly.

Comprehensive Insight into Biochips Market Competitor Landscape:

Bio-Rad Laboratories Inc., Agilent Technologies Inc., Fluidigm Corporation, Thermo Fisher Scientific, Abbott Laboratories, PerkinElmer Inc., Illumina, Inc., Cepheid Inc., Sigma Aldrich, and Sofchip.

Important Mergers, Acquisitions, and Market Shifts:

In May 2025 AstraZeneca has acquired EsoBiotec (cell‐therapy startup) for up to $1 billion, with $425M upfront and $575M in milestones, expected to close in Q2 2025. This follows their earlier acquisition of Gracell Biotechnologies in China

Market Drivers:

The biochips market is driven by the rising demand for personalized medicine, rapid advancements in genomics and proteomics, increased adoption of point-of-care diagnostics, and growing R&D investments in biotechnology and pharmaceuticals.

Biochips Market Segments
By Product Type (DNA Chip, Protein Chip, Lab-on-a-chip, Others)
By Application (Drug Discovery, Genomics, Proteomics, Disease Diagnostics, Others)
By Technology(Microarrays, Microfluidics)
By End-user(Hospitals & Diagnostics Centers, Academic & Research Institutes, Biotechnology & Pharmaceutical Companies, Others)

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Methodology and Scope:

This Biochips Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.

Regional Overview for Biochips Market:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.

People Also Ask:

➠ What are the global sales, production, consumption, imports, and exports in the Biochips market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Biochips industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Biochips market?

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