Report Synopsis
Rise in R&D investment as well as government funding in emerging economies are expected to provide lucrative growth opportunities for the biochips market. Increase in prevalence of cancer, immunological disorders, and viral infections majorly drive the growth of the global biochips market. Other factors that boost the market growth include rise in geriatric population, increase in number of biochip applications, and high adoption of personalized medications. On other hand, lack of technical knowledge related to biochips is a prominent restraint lowering the demand for biochip products.

Biotechnology & Pharmaceutical Companies constitutes the largest end user market for Biochips globally, estimated at US$2.8 billion in 2018 and is expected to register a CAGR of 17.6% over 2018-2025 in reaching a projected US$8.8 billion by 2025. The overall global market for Biochips is expected to reach US$8.5 billion in 2019.

Research Findings &Coverage

  • Theglobalmarket research report on Biochipsanalyzesthe global market with respect to by product types, fabrication technologies and end-user sectors
  • Biochips’market size is estimated in this report by product types, fabrication technologiesand end-user sectors across all major countries
  • Technological Advances in Biochip Enable Next-Generation DNA Sequencing Technologies
  • Real Blood Vessels on a Microfluidic Biochip: Organs-on-a -Chip
  • MIT Develops Neuromorphic Chip that Can Work Like a Human Brain
  • Body-on-a-chip to Aid Next-Generation Drug Testing
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled – 28
  • The industry guide includes the contact details for 160 companies

Product Outline
The market for key product types of Biochips studied in this report comprise the following:

  • DNA Chip
  • Lab-on-a-Chip
  • Protein Chip
  • Other Biochips

The report analyzes the market for the following fabricationtechnologies of Biochips:

  • Microarrays
  • Microfluidics

The report analyzes the market for the following end-use sectors of Biochips:

  • Biotechnology & Pharmaceutical Companies
  • Academic & Research Institutes
  • Hospitals & Diagnostics Centers

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the globalBiochipsmarket for the period 2016-2025 in terms ofmarket value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2025

Geographic Coverage

  • North America (The United States, Canada and Mexico)
  • Europe (Germany, France, the United Kingdom, Italy, Spain and Rest of Europe)
  • Asia-Pacific (Japan, China, India, South Korea and Rest of Asia-Pacific)
  • South America (Brazil and Rest of SA)
  • Rest of World