Global Biochips Market 2017 Primary Research, Risk Analysis, Product Research, Trends and Forecast by 2021
Jun 28, 2017
OrbisResearch.com has published new research report on "Global Biochips Market by Type, End User, Fabrication Technology and Region-Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021" to its database.
Dallas, United States - June 28, 2017 /MarketersMedia/ —
The Global Biochips Market was worth $7.15 billion in 2016 and estimated to be growing at a CAGR of 21.80%, to reach $19.17 billion by 2021. A biochip is a assembly of miniaturized test sites that are organized on a compact substrate, which allows many tests to be executed at the same time to reach higher throughput and speed.
Usually, the surface area of a biochip is no bigger than a fingernail. Like a computer chip that can accomplish millions of mathematical tasks in one second, a biochip can implement thousands of biological responses, such as decoding genes, in the duration of a few seconds.
The growth of the Global Biochips Market is mainly driven by factors such as an increased application in cancer study, surge in the utilization of personalized medicine, and increased commercial uses of biochips. However, factors such as an availability of substitute technologies, low commercial suitability due to higher costs, and standardization concerns are restraining the growth of the market.
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/333879
The Global Biochips market is segmented based on Type, End User, and Fabrication Technology. The market for Biochips, on the basis of Type is segmented into DNA Chips, Lab-On-A-Chip, and Protein Chips. DNA Chips are further segmented into SNP Genotyping, Genomics, Agricultural Biotechnology, Gene Expression, Cancer Diagnosis & Treatment, Drug Discovery, and Others. Lab-On-A-Chips are further segmented into Clinical Diagnostics, IVD & POC, Drug Discovery, Genomics, and Proteomics. Protein Chips are further segmented into Expression Profiling, High-Throughput Screening, Proteomics, Diagnostics, and Drug Discovery. On the basis of type, DNA Chips are the largest segment, followed by lab-on-chips and protein biochips market, due to development in the proteomics and genomics field. However, enhancement in the field of recombinant proteins would assist the growth of protein biochips market. On the basis of End User, the global Biochips market is segmented into Hospitals and Diagnostics Centers, Biotechnology and Pharmaceutical Companies, Academic & Research Institutes. The Hospitals and Diagnostics Center segment dominates the market, as it is primarily driven by various factors such as increasing government funding and technological advancements.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America is leading the global Biochips market due to technological advancements and a large pool of ageing populace. However, Asia-Pacific is developing as one of the fastest growing market due to easy access to latest technologies, and promising government schemes.
Buy the report@http://www.orbisresearch.com/contact/purchase/333879
The recent developments in the global biochips market include the outsourcing of biochips technology, which would aid in decreasing labor cost and capital prerequisites. The major companies dominating the global Biochips market are Agilent Technologies Inc., Fluidigm Corporation, PerkinElmer Inc., Bio-Rad Laboratories Inc., GE Healthcare, Cepheid Inc., Illumina Inc., and Thermo Fisher Scientific Inc.
Major Points From The Table Of Contents:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Geographical Analysis
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Expert Opinions
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Name: Hector Costello
Email: [email protected]
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas, Texas – 75204, U.S.A.
Phone: +1 (214) 884-6817
For more information, please visit http://www.orbisresearch.com/reports/index/biochips-market-by-type-end-user-fabrication-technology-and-region-global-industry-analysis-size-share-growth-trends-and-forecasts-2016-2021
Source: MarketersMedia
Release ID: 212189
More News
Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.
How Binance’s $6.3 Billion Hack Went Down
A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.
Judge Tosses Trump’s $10 Billion Suit Against The Wall Street Journal
The defamation suit focused on an article about a birthday note to Jeffrey Epstein. It was the president’s second attempt to claim the publication had acted with actual malice.
The New Hot Job in Law Doesn’t Require a J.D.
Big law firms, legal tech vendors, and in-house legal departments at companies like Microsoft and Nvidia are all hiring legal engineers, a new position for lawyers with A.I. skills.
Pick Another Protein? Americans Still Want Beef, Despite the Price.
After chicken, consumers are buying more beef, while pork, turkey and soy products remain flat.
The U.S. Becomes a Global Hub for Horse Racing
More horses from overseas are competing in America’s marquee events, as the sport enjoys a renaissance.
Why Did So Many People File Early for Social Security Last Year?
Experts point to well-publicized turmoil at the government agency last year as a potential spark.
Strengthening party self-governance and integrity for economic growth
The 20th Central Committee of the Communist Party of China convened its fifth plenary session in Beijing from October 26 to 29, 2026, where it deliberated and adopted the Resolution of the Central Committee of the Communist Party of China on Certain Major Issues concerning Persevering with Full and Rigorous Party Self-Governance.
70 years on, why global buyers keep coming back to Canton Fair
70 years on, why global buyers keep coming back to Canton Fair
China's manufacturing PMI at 49.3, non-manufacturing PMI at 49.7
China's purchasing managers' index for the manufacturing sector came in at 49.3 in October, down 0.8 percentage points from the previous month, while the non-manufacturing PMI stood at 49.7, down 0.5 percentage points.
How One Country Became the Unlikely Crossroads of the Global A.I. Boom
In Malaysia, U.S. and Chinese tech giants are pouring billions into vast data centers, straining local resources and testing the limits of Washington’s restrictions on advanced chips.
Wanted: New Central Bank Chief. Expertise and Political Acumen Required.
The looming departure of the European Central Bank’s president, Christine Lagarde, has set in motion a high-stakes search for her successor.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.