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Global biochips market is growing approximately at a CAGR of 18% from 2015-2021.

News   •   Dec 12, 2015 11:56 EST

Global Biochips Markets by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021

Global biochips market is growing approximately at a CAGR of 18% from 2015-2021. With increasing diagnostic and life style oriented diseases such as cancer and CVD, biochips market is considered to be a rapid growth market. Biochips such as microarrays and lab on a chip are extensively adopted by major research centers, hospitals and clinics for diagnosis and treatment. 

Development in genomics and proteomics has created huge scope for biochips market. Lab on a chip has the highest growing market in global biochips market. In terms of geographical segmentation, North America is expected to lead the revenue in this market due to higher adoption of biochips products followed by Europe. North America has highly regulated market and most of the biochips companies such as Agilent technologies and Affymetric are based in US.

The rise in incidence and prevalence rate of cancer is boosting diagnostic and drug discovery market. Which is also contributing meaningfully to biochips market. However, DNA micro array market is expected to contribute highest among all the segments of biochips market. Lab on a chip is the emerging market with the advancement and development of genomics and proteomics in biochips market. Moreover, the report also includes the end user analysis of biochips market. It includes the research and development institutes, drug discovery and development centers and so on.

Company Mentioned:

  • 1.Agilent technologies
  • 2.Affymetrix inc
  • 3.Gene system inc
  • 4.Agendia BV inc
  • 5.Customarray inc
  • 6.Digital genomics inc
  • 7.Bio chain institute Inc
  • 8.Biomerieux SA
  • 9.Bio-rad laboratories inc
  • 10.Cepheid Inc
  • 11.Caliper life sciences inc
  • 12.Cybrdi inc
  • 13.EMD Millipore
  • 14.Elim Biopharmaceuticals
  • 15.Falcon Genomics.
  • 16.Genalyte
  • 17.Oxford gene technology
  • 18.Wafergen biosystems inc
  • 19.Predictive biosciences
  • 20.Fluidigm corp
  • 21.Gamida for life group