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Biochips Market to reach a market size of $20.3 billion by 2025

Press release   •   Oct 01, 2019 12:51 IST

According to a new report Global Biochips Market, published by KBV Research, The Global Biochips Market size is expected to reach $20.3 billion by 2025, rising at a market growth of 11.2% CAGR during the forecast period.

The North America market dominated the Global DNA Chip Market by Region in 2018, growing at a CAGR of 10.2% during the forecast period. The Europe market is expected to witness a CAGR of 10.5% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 12.4% during (2019-2025).

The Drug Discovery and Development market dominated the Global Biochips Market by Application in 2018, growing at a CAGR of 10.9 % during the forecast period. The Disease Diagnostics market is expected to witness a CAGR of 10.8% during (2019-2025).

The Biotechnology and Pharmaceutical Sector market dominated the Global Biochips Market by End User in 2018, growing at a CAGR of 10.9 % during the forecast period. The Hospitals and Diagnostics Centers market is expected to witness a CAGR of 10.8% during (2019-2025). The Academic and Research Institutes market is expected to witness a CAGR of 12.6% during (2019-2025).

Full Report: https://www.kbvresearch.com/biochips-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Fluidigm Corporation, Horiba Ltd., PerkinElmer, Inc., OriGene Technologies, Inc., Dynamic Biosensors GmbH, Illumina, Inc., Qiagen N.V., Bio-Rad Laboratories, Inc., Randox Laboratories Limited, and Thermo Fisher Scientific, Inc.

Global Biochips Market Segmentation

By Product

DNA Chip

Protein Chip

Lab-on-Chip and

Other Products

By Application

Drug Discovery and Development

Disease Diagnostics

Genomics

Proteomics

Agriculture and

Other Applications

By End User

Biotechnology and Pharmaceutical Sector

Hospitals and Diagnostics Centers

Academic and Research Institutes and

Other End Users

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Fluidigm Corporation

Horiba Ltd.

PerkinElmer, Inc.

OriGene Technologies, Inc.

Dynamic Biosensors GmbH

Illumina, Inc.

Qiagen N.V.

Bio-Rad Laboratories, Inc.

Randox Laboratories Limited

Thermo Fisher Scientific, Inc.

Biochips Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.