Biochip Market valued as a USD 3.9 billion in 2012 growing at a CAGR as high as 32.07%

Reports And Markets Publish a New Market Research Report On –"Biochip Market Growth, Trends and Forecasts (2017 - 2022)"

Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1207571-global-biochip-market-growth-trends-and-forecasts-2017-2022

A biochip is a collection of miniaturized test sites (microarrays) arranged on a solid substrate that permits many tests to be performed at the same time in order to achieve higher throughput and speed. Typically, a biochip's surface area is no larger than a fingernail. Like a computer chip that can perform millions of mathematical operations in one second, a biochip can perform thousands of biological reactions, such as decoding genes, in a few seconds.

The global biochip market was valued as a USD 3.9 billion in 2012. It is expected to become a USD 20.7 billion by 2018 thereby growing at a CAGR as high as 32.07%. This is a market to watch out for its great potential.

The biochip is basically segmented into three categories namely on the basis of products, applications and finally geography. The major factors which contributed to the growth of this market are increased application in cancer research, growth in personalized medicine and increased commercial application of biochips. The challenges faced by this market are low commercial acceptability due to higher costs, standardization issues and availability of alternate technologies.

From the geographical point of view, North America has the major chunk of the market share. In North America, USA market is the biggest. Following North America is Europe which has the next major market share. Biochip market has started recently in the emerging nations which has become an area major investment is expected to happen which in turn helps in the growth of this market. In the APAC sector China and South Korea have been identified as potential emerging markets due to high R&D investments in the medical fields in recent times.

The major players in this biochip markets are Abbott Laboratories, Affymetrix,Inc , Agilent Technologies, Beckman Coulter, Biomeriuex, Biorad Laboratories, Roche Diagnostics, PerkinElmer and GE Healthcare.

Request For Sample Report @ https://www.reportsandmarkets.com/sample-request/1207571-global-biochip-market-growth-trends-and-forecasts-2017-2022

1.INTRODUCTION

1.1 Report Description

1.2 Research Methodology

1.3 Stakeholders

2. EXECUTIVE SUMMARY

2.1 Key Findings

2.2 Market Overview

3. MARKET OVERVIEW

3.1 Market Defenition

3.1.1 Introduction

3.2 Market Segmentation

3.2.1 Products

3.2.2 Application

3.2.3 Geography

3.3 Market Drivers

3.3.1 Increasing application of Proteomics & Genomics in Cancer Research

3.3.2 Growth in personalized medicine

3.3.3 Regulatory approval for personalized medicine

3.3.4 Increased commercial application of Biochips

3.4 Market Limitations

3.4.1 Standardization

3.4.2 Low commercial acceptability due to the high costs

3.4.3 Availability of alternate technologies

3.4.5 Limites skilled population in the biochip market

4. GLOBAL MARKETS : SEGMENTATION BY PRODUCT

4.1 DNA Microarrays

4.2 Lab on a chip/ Microfuidics

4.3 Protein Microarrays

4.4 Tissue Biochips

4.5 Carbohydrate Biochips

5. GLOBAL MARKETS : SEGMENTATION BY APPLICATION

5.1 Gene Sequencing

5.2 Gene Expression

5.3 Cancer Research

5.4 Proteomics

5.5 Drug Discovery

5.6 Clinical Diagnosis

5.7 Genomics

5.8 Toxicogenomics

CONTINUED.....

Check Discount @ https://www.reportsandmarkets.com/check-discount/1207571-global-biochip-market-growth-trends-and-forecasts-2017-2022

For more information or any query mail at sales@reportsandmarkets.com

About Reports And Markets

Reports And Markets is part of the Algoro Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Are you mastering your market? Do you know what the market potential is for your product, who the market players are and what the growth forecast is? We offer standard global, regional or country specific market research studies for almost every market you can imagine.

Contact Person

Sanjay Jain

Manager - Partner Relations & International Marketing

info@reportsandmarkets.com

Ph: +1-214-377-1121 (US), +44-020-3286-9338 (UK)

This release was published on openPR.