Friday 27 September 2019

Biochips Market Study By Type, End-User & Top Key Players – Abbott Laboratories, Agilent Technologies, Inc., Perkinelmer, Inc.

The Biochips Market research report is a written presentation of clear and accurate detailing of findings and recommendations that will aid in decision-making. The element of the report includes market size, driver, challenges, restraints, trends, emerging opportunities, and competitive panel along with their share for the forecast timeline of 2018-2025. Therefore, this report reflects and summarizes the entire market condition in terms of demand and supply.

Biochips are microarrays organized on solid substrate that helps in frequent biochemical reactions for instance decode of genes in just few seconds. In addition, biochips work in biological environment and can detect biomarkers and can perform biochemical reactions in few minutes. Developments in biotechnology market has given rise of biochips. Biochips are extensively used in R&D of drugs, molecular diagnosis etc. Hence, these factors have driven the growth of this market. Rising application of biochips in treatment of cancer has augmented the growth of this market. Biochips can detect cancer even before the body develop symptoms of it. In addition, it is used to detect various other diseases such as smallpox, anthrax and plague.

The major market drivers are rising demand for personalized medicine, increased application of biochips and rise in technological developments in biochips industry. The market growth might be restricted due to the indistinct regulations, higher costs for instrumentation and absolute quantification of specific mRNA expressions under the study period.

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North America is the largest market owing to aged population, rise in lifestyle diseases, and also investments made on research and developments on biochips has propelled the growth of this market. Growing consumption of unhealthy foods and attraction towards urban lifestyle have acted as factors that will impel the growth of this market. Asia Pacific will also witness an augmented growth in the coming years with rising population shifting towards urban cities, higher disposal income, and economic development will boost the growth of this market. Growing focus on healthcare sector, rising medical expenditure in developing nations has bolstered the growth.

The report also offers a competitive landscape of the overall market with company profiles of players such as Abbott Laboratories, Agilent Technologies, Inc., Perkinelmer, Inc., Fluidigm Corporation, Illumina, Inc., GE Healthcare Bio-Rad Laboratories Inc., Cepheid Inc., Thermo Fisher Scientific, Inc., and Roche Diagnostics. In terms of geography, the biochips market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Rest of the world. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.

Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Biochips Market Analysis By Type
5.Biochips Market Analysis By Fabrication Technology
6.Biochips Market Analysis By End-User
7.Biochips Market Analysis By Region
8.Competitive Landscape Of Biochips Market Companies
9.Company Profiles Of Biochips Market Industry

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