Biochips Market Report 2021-2026: Industry Trends, Share, Size, Growth, Opportunity and Forecast
SHERIDAN, WY, UNITED STATES, February 25, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Biochips Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” provide the global biochips market size reached a value of US$ 22.08 Billion in 2020 and expects the market to grow at a CAGR of 9.3% during 2021-2026. The report provides a detailed analysis of the market by type, application, technology, materials, distribution channel and end user. Also, the report analyzes the market’s competitive landscape.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/biochips-market/requestsample
Biochips Market Industry Definition and Application:
Biochips stand for the miniaturized medical device that includes a large collection of microarrays for multiple biochemical reactions at the same time. They contain several biosensors that enable the screening of several biological analytes, such as enzymes, proteins, DNA, biological molecules, antibodies, etc. Biochips are mainly utilized in drug discovery, in-vitro diagnostics, single nucleotide polymorphism genotyping, gene expression profiling, agricultural biotechnology, etc. As a result, they are extensively adopted across various pharmaceutical firms, scientific and academic laboratories, and healthcare facilities.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Biochips Market Trends and Drivers:
The growing prevalence of chronic diseases, coupled with an increasing geriatric population worldwide, is primarily driving the market for biochips. In the recent times, the rising occurrence of cancer has also increased the use of biochips for the early detection of cancerous cells in the body. In addition to this, growing consumer health concerns towards numerous viral infections and immunological disorders also fuel the demand for biochips for new drug discovery and development activities. Additionally, numerous advancements in microfluid technology have led to the implementation of specially designed biochips for various laboratory procedures. Moreover, rising investments in the healthcare sector related to cancer genomics, human proteome, and DNA analysis are also further expected to drive the market for biochips.
Biochips Market Segmentation:
The report has segmented the market on the basis on type, application, technology, materials, distribution channel and end user.
Breakup by Type:
One Hand Mixer
Two Hand Mixer
Others
Breakup by Application:
Bathroom
Kitchen
Others
Breakup by Technology:
Cartridge
Compression
Ceramic Disc
Ball
Breakup by Materials:
Metal
Plastics
Breakup by Distribution Channel:
Online
Offline
Breakup by End User:
Residential
Commercial
Industrial
Breakup by Region:
North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa
Browse full report with TOC: https://bit.ly/35ufO9P
Who are the Major Biochips Market Key players?
The report provides a detailed analysis of the market leaders, including.
Agilent Technologies, Inc., bioMérieux SA, Bio-RAD Laboratories, Inc., CapitalBio Corporation, Dynamic Biosensors GmbH, EMD Millipore Corporation, Fluidigm Corporation, Illumina, Inc., Perkinelmer, Inc., and Thermo Fisher Scientific Inc.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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