Biochip Market Size is Determined to cross a value of $ 29 million by 2023
Category: #reports  By Ashwin Naphade  Date: 2020-03-11
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Biochip Market Size is Determined to cross a value of $ 29 million by 2023

The size of Biochip market was registered at 29 million in the year 2023 and is anticipated to cross 11 million by 2017. Between the period, the Biochip is expected to register a CAGR of 18.5%, says a forecast analysis report available with Market Study Report LLC

In molecular biology, biochips are essentially miniaturized laboratories that can perform hundreds or thousands of simultaneous biochemical reactions. Biochips enable researchers to quickly screen large numbers of biological analytes for a variety of purposes, from disease diagnosis to detection of bioterrorism agents. Digital microfluidic biochips have become one of the most promising technologies in many biomedical fields. In a digital microfluidic biochip, a group of (adjacent) cells in the microfluidic array can be configured to work as storage, functional operations, as well as for transporting fluid droplets dynamically.

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This research study on the Biochip market enumerates details about this industry sphere. A detailed overview of this marketplace is presented in the report with appreciable proceeds by the end of the predicted timeframe while registering an estimable growth rate through the predicted timeframe.

The study is inclusive of some of the major insights pertaining to the sales volume, remuneration projection, industry size, and more. Additionally, the study elaborates regarding the industry segmentation along with the driving forces enhancing the commercialization portfolio of this business.

A brief of Biochip market with respect to the topographical spectrum:

  • The Biochipmarket report comprises of massive evaluation of the topographical landscape of the Biochip market. The regional sphere incorporates the geographies of North America, Europe, Asia-Pacific, South America & Middle East and Africa.
  • Details regarding about the sales acquired by all topographies and their estimated market share is mentioned in the report.
  • The recorded growth rate along with proceeds accrued by each region over the predicted timeframe is present in the report.

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Further information stated in the report:

  • A comprehensive outline of the Biochip market includes prominent market that consists of market leaders like Abbott Laboratories, PerkinElmer, Inc, GE Healthcare, Sigma-Aldrich Corporation, Agilent Technologies, Inc, Illumina, Inc., Bio-Rad Laboratories, Fluidigm Corporation, Thermo Fisher Scientific and Merck Millipore in the report.
  • The report entails an in-depth insight pertaining the product manufactured by the developers along with the product application range.
  • The report enumerates data about the companies based on their market position in the current scenario along with information related to the sales collected by the manufacturers along with the industry share.
  • Data about company’s profit margin along with price models is provided.
  • Crucial information related to the market share obtained by the product segments are included in the report. The product range of market is inclusive of Microarrays and Microfluidics.
  • This study includes details related to sales amassed by the products along with the revenue earned in the predicted time period.
  • The report entails an in-depth insight on the application spectrum of the Biochip market. The application landscape is segmented into Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostics Centers, Academic & Research Institutes and Other End Users. Additionally, the report contains details related to the market share obtained by the segment.
  • Data about the revenue accumulated from the segments along with the estimated sales for the project duration is mentioned in the report.
  • Pivotal insights about the substantial parameters such as the competition trends along with market concentration rate is revealed in the report.
  • The study explains details about the marketing channels adopted by the manufacturers for their products in tandem with the data regarding the traders, distributors, and dealers participating in the Biochip market.

Table of Contents

1 Market Overview

1.1 Biochip Introduction

1.2 Market Analysis by Type

1.2.1 Microarrays

1.2.2 Microfluidics

1.3 Market Analysis by Applications

1.3.1 Biotechnology and Pharmaceutical Companies

1.3.2 Hospitals and Diagnostics Centers

1.3.3 Academic & Research Institutes

1.3.4 Other End Users

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.4 Russia Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)

1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2013-2023)

1.4.4.2 Egypt Market States and Outlook (2013-2023)

1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)

1.4.4.4 South Africa Market States and Outlook (2013-2023)

1.4.4.5 Nigeria Market States and Outlook (2013-2023)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

2.1 Abbott Laboratories

2.1.1 Business Overview

2.1.1.1 Abbott Laboratories Description

2.1.1.2 Abbott Laboratories Headquarter, Main Business and Finance Overview

2.1.2 Abbott Laboratories Biochip Product Introduction

2.1.2.1 Biochip Production Bases, Sales Regions and Major Competitors

2.1.2.2 Biochip Product Information

2.1.3 Abbott Laboratories Biochip Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.1.3.1 Abbott Laboratories Biochip Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.1.3.2 Global Abbott Laboratories Biochip Market Share in 2017

2.2 PerkinElmer, Inc

2.2.1 Business Overview

2.2.1.1 PerkinElmer, Inc Description

2.2.1.2 PerkinElmer, Inc Headquarter, Main Business and Finance Overview

2.2.2 PerkinElmer, Inc Biochip Product Introduction


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Frequently Asked Questions (FAQ) here :

Biochip market’s recorded worth was 11 million in 2017.
The Biochip market is expected to witness a remuneration of 29 million in 2023.
As per estimates, Biochip industry would account a CAGR of 18.5% through 2023.
Important pointers summarized by the Biochip market report is analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions
Application landscape of Biochip market inclusive of Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostics Centers, Academic & Research Institutes and Other End Users
Company landscape of Biochip market are Abbott Laboratories, PerkinElmer, Inc, GE Healthcare, Sigma-Aldrich Corporation, Agilent Technologies, Inc, Illumina, Inc., Bio-Rad Laboratories


About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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