Biochips Market Size, Share, Analysis Report

Biochips Market by Product (DNA Chip, Protein Chip, Lab-on-a-chip, and Others), Application (Drug Discovery & Development, Disease Diagnostics, Genomics, Proteomics, Agriculture, and Others), and End User (Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostics Centers, Academic & Research Institutes, and Others), By Region Analysis - Global Forecast

The Biochips Market is expected to exceed more than US$ 30 Billion by 2028 at a CAGR of 18%.

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MARKET SNAPSHOT

Major Players

  • bioMérieux SA
  • Bio-Rad Laboratories Inc
  • Fluidigm Corporation
  • F. Hoffmann-La Roche AG
  • HORIBA Ltd
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    18

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Biochips Market is expected to exceed more than US$ 30 Billion by 2028 at a CAGR of 18%. 

    Biochip could be a miniaturized medical device utilized in molecular laboratories to hold out many organic chemistry reactions at the same time. It will rapidly screen variety of biological analytes for an array of applications like disease identification and detection of venturous biological agents in an exceedingly system. It’s designed on the premise of microarray and microfluidic technologies, among that digital microfluid chip is very efficient, and has gained vital quality within the biochemical field. Increase in prevalence of cancer, immunological disorders, and infective agent infections majorly drives the expansion of the worldwide biochips market. Alternative factors that boost the market growth embody rise in geriatric population, increase in range of chip applications, and high adoption of customized medications. However, factors like high value of chip and lack of information concerning it majorly in rising nations hamper the market growth. Conversely, rise in R&D investment in addition as government funding and high potential in untapped markets in rising economies are expected to produce lucrative growth opportunities for the market.

    Global Biochips Market is segmented based on the deployment model as Cloud and On-premise. The report segments global Biochips Market based on the basis of product, the market is divided into DNA chip, protein chip, lab-on-a-chip, and others. Based on end-user it covers biotechnology & pharmaceutical companies, hospitals & diagnostics centres, academic & research institutes, and others. Based on application it covers drug discovery & development, disease diagnostics, genomics, proteomics, agriculture, and others. Global Biochips Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Biochips Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

    Competitive Rivalry

    Global Biochips Market share consists of several players including bioMérieux SA, Bio-Rad Laboratories, Inc., Fluidigm Corporation, F. Hoffmann-La Roche AG, HORIBA, Ltd., Illumina, Inc., PerkinElmer, Inc., QIAGEN N.V., Randox Laboratories Ltd., and Thermo Fisher Scientific Inc.

    The Biochips Market has been segmented as below:

    Biochips Market, By Product

    • DNA Chip
    • Protein Chip
    • Lab-on-a-chip
    • Others

    Biochips Market, By Application

    • Drug Discovery & Development
    • Disease Diagnostics
    • Genomics
    • Proteomics
    • Agriculture
    • Others

    Biochips Market, By End-User

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

    Biochips Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    The report covers:

    • Global Biochips Market estimates & forecast from 2021 to 2028, with CAGR for 2023-2028.
    • Comparative market size analysis for 2022 & 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028.
    • Global Biochips Market trends, with detailed analysis on consumer trends & manufacturer trends.
    • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
    • Key areas of investments identifying market opportunities and challenges in forecast timeframe.
    • Competitive analysis of the industry players along with the overview on strategic management.
    • Comprehensive company profiles of the major industry players.

    Report scope:

    The global Biochips Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.

    The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies. 

    The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include bioMérieux SA, Bio-Rad Laboratories, Inc., Fluidigm Corporation, F. Hoffmann-La Roche AG, HORIBA, Ltd., Illumina, Inc., PerkinElmer, Inc., QIAGEN N.V., Randox Laboratories Ltd., and Thermo Fisher Scientific Inc.

    Reasons to Buy this Report:

    • Gain comprehensive insights on the industry trends
    • Identify industry opportunities and key growth segments
    • Obtain complete market study on the Biochips Market
    • Facilitate strategy planning for your company based on the industry dynamics
    • Evaluate your competitor’s business segments and portfolios

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    1.    Introduction

        1.1.    Key Points
        1.2.    Report Description
        1.3.    Markets Covered
        1.4.    Stakeholders

    2.    Research Methodology

        2.1.    Research Scope
        2.2.    Research Methodology
            2.2.1.    Market Research Process
            2.2.2.    Research Methodology
                2.2.2.1.    Secondary Research
                2.2.2.2.    Primary Research
                2.2.2.3.    Models for Estimation
        2.3.    Market Size Estimation
            2.3.1.    Bottom-Up Approach
            2.3.2.    Top-Down Approach

    3.    Executive Summary

    4.    Market Overview

        4.1.    Introduction
        4.2.    Drivers
        4.3.    Restraints
        4.4.    Opportunities
        4.5.    Challenges

    5.    Biochips Market, By Product

        5.1.    Key Points
        5.2.    DNA Chip
        5.3.    Protein Chip
        5.4.    Lab-on-a-chip
        5.5.    Others

    6.    Biochips Market, By Application

        6.1.    Key Points
        6.2.     Drug Discovery & Development
        6.3.    Disease Diagnostics
        6.4.    Genomics
        6.5.    Proteomics
        6.6.    Agriculture
        6.7.    Others

    7.    Biochips Market, By End-User

        7.1.    Key Points
        7.2.     Biotechnology & Pharmaceutical Companies
        7.3.    Hospitals & Diagnostics Centers
        7.4.    Academic & Research Institutes
        7.5.    Others

    8.    Competitive Landscape

        8.1.    Introduction
        8.2.    Recent Developments
            8.2.1.    Mergers & Acquisitions
            8.2.2.    New Product Developments
            8.2.3.    Portfolio/Production Capacity Expansions
            8.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
            8.2.5.    Others

    9.    Company Profile

        9.1.    bioMrieux S.A.
            9.1.1.    Company Overview
            9.1.2.    Product/Service Landscape
            9.1.3.    Financial Overview
            9.1.4.    Recent Developments
        9.2.    Bio-Rad Laboratories, Inc.
            9.2.1.    Company Overview
            9.2.2.    Product/Service Landscape
            9.2.3.    Financial Overview
            9.2.4.    Recent Developments
        9.3.    F. Hoffmann-La Roche Ltd.
            9.3.1.    Company Overview
            9.3.2.    Product/Service Landscape
            9.3.3.    Financial Overview
            9.3.4.    Recent Developments
        9.4.    Fluidigm Corporation
            9.4.1.    Company Overview
            9.4.2.    Product/Service Landscape
            9.4.3.    Financial Overview
            9.4.4.    Recent Developments
        9.5.    Illumina, Inc.
            9.5.1.    Company Overview
            9.5.2.    Product/Service Landscape
            9.5.3.    Financial Overview
            9.5.4.    Recent Developments
        9.6.    HORIBA, Ltd.
            9.6.1.    Company Overview
            9.6.2.    Product/Service Landscape
            9.6.3.    Financial Overview
            9.6.4.    Recent Developments
        9.7.    PerkinElmer, Inc.
            9.7.1.    Company Overview
            9.7.2.    Product/Service Landscape
            9.7.3.    Financial Overview
            9.7.4.    Recent Developments
        9.8.    QIAGEN N.V.
            9.8.1.    Company Overview
            9.8.2.    Product/Service Landscape
            9.8.3.    Financial Overview
            9.8.4.    Recent Developments

    The Biochips Market has been segmented as below:

    Biochips Market, By Product

    • DNA Chip
    • Protein Chip
    • Lab-on-a-chip
    • Others

    Biochips Market, By Application

    • Drug Discovery & Development
    • Disease Diagnostics
    • Genomics
    • Proteomics
    • Agriculture
    • Others

    Biochips Market, By End-User

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

    Biochips Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

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    The market is expected to grow at a CAGR of 18% during the study period (2023-2028)
    The Biochips Market is expected to exceed more than US$ 30 Billion by 2028
    The segment included in the Biochips Market is Product, Application, End-User, region.
    Some key players operating in the Biochips Market include bioMérieux SA, Bio-Rad Laboratories, Inc., Fluidigm Corporation, F. Hoffmann-La Roche AG, HORIBA, Ltd., Illumina, Inc., PerkinElmer, Inc., QIAGEN N.V., Randox Laboratories Ltd
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