Press release
Global Microarray Biochips Market Size and Forecast to Grow at a CAGR of 15.56% By 2021
Biochips are bio-microsystems. Bio-microsystems are small integrated devices used for biochemical reactions, biological monitoring, research, academic studies, drug discovery, and much more. A microarray biochip is a that biochip on which various microarrays are assembled on a substrate that permits successful performance of complex biochemical reactions at the same time. Microarray biochips are used in various applications such as drug discovery and development, diagnostics and treatments, research and consumables, forensic medicines, and others.
Technavios analysts forecast the global microarray biochips market to grow at a CAGR of 15.56% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global microarray biochips market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Microarray Biochips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Abbott
Agilent Technologies
Illumina
PerkinElmer
Thermo Fisher Scientific
Other prominent vendors
BioChain
Bio-Rad Laboratories
Cepheid
Fluidigm
Merck
SuperBioChips Laboratories
US Biomax
Market driver
Increase in market presence with collaboration strategy
For a full, detailed list, view our report
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Market challenge
Lack of technical knowledge
For a full, detailed list, view our report
Market trend
Emerging LOC technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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