Biochip Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Biochip Market By Product Type (Biochips Instrument, Microarrays, Reagents, and Analysis Software), By Application (Drug Discovery, Gene Sequencing, Cancer Research, Clinical Diagnosis, Proteomics, and Others), By End-Users (Hospitals, Diagnostic Centers, Pharmaceutical and Biotechnology Companies, and Others), and Geography

 

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Report

Description

Global Biochip Market was valued at $9,038 million in 2020 and is anticipated to grow at $21,429 million by 2027 recording a CAGR of 11.3% during the forecast period 2021-2027. Biochip Market is the miniaturized test sites that are collectively arranged on a solid substrate. It allows various tests to be performed at the same time owing to higher speed. The biochip has the capacity of performing thousands of mathematical operations within a second. There are various types of biochips available, which include protein chips, DNA chips and lab-on-chips. Biochips are used in various applications such as drug screening and development. They are also used in analyzing the organic molecules that are associated with living organisms and they are also helpful in identification of gene sequences. Biochips have a wide range of uses, from illness marker identification to drug development speed, as well as a variety of research applications in genomes, genotyping, and proteomics. Increased clinical research spending, as well as significant resource commitment for genomic and proteomic research, are factors that support the market’s growth potential. Biochip systems, on the other hand, require automated robotic tools to handle and scan micro-scale samples because probes are formatted in micro sizes on glass surfaces. Data analysis also necessitates the use of bioinformatics technologies. Biochips are predicted to become a highly sophisticated and relatively expensive technology as a result of the need for such specific instruments and procedures for implementation, as well as the expansion of the product range for the market. DNA chips, lab-on-a-chip (LOAC), protein chips, and tissue/cell arrays are the several types of biochips available. As a consequence of increased spending on genomics and next-generation sequencing research, as well as rising demand for the detection and diagnosis of genetic abnormalities, DNA chips accounted for the greatest share of sales.


Global Biochip Market

MARKET SUMMARY
-
11.3%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 11.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Biochip Market

  • Biochip Market gives historical, current, and future market sizes (US$ Bn) of product type and distribution channel and geographic regions.
  • This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of Infant nutrition
Market Key Players
  • Abbott Laboratories
  • Thermo Fisher Scientific, Inc.
  • Fluidigm Corporation
  • PerkinElmer Inc.
  • Agilent Technologies, Inc.
  • Illumina, Inc.
  • Hoffmann-La Roche AG
  • GE Healthcare
Growth

Biochip Market

Increase in the demand for personalized medicine is the major factor driving the growth of the biochip market. The widening use of the biochips in detecting several viral and bacterial agents which cause diseases is also likely to influence the growth of the market. Biochips application in detecting cancer in the patients and installation of the biochips in the patient’s body through non-invasive techniques is gaining popularity among the patient pool, which is likely to drive the growth of the biochip market. The increasing investments by the pharmaceutical and biotechnology companies in the R&D activities are enriching the growth of the market. However, the higher investment in the initial stages is likely to hinder the growth of the biochip market.


North-America Got Significant Share

Biochip Market

Geographically, global biochip market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America biochip market is growing due to its technological advancements. The rising count of the population affected with cancer is also a major factor that is adding scope for the development of biochip market in this region. The affordability of the treatment is also considerably high in the North America when compared with that of the other regions. The growing awareness among the patient pool regarding the new treatment procedures is helping in the adoption of the modern treatments.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Biochip Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Contents

  1. Executive Summary
  2. Global Biochip Market Introduction
    • Global Biochip Market – Taxonomy
    • Global Biochip Market –Definitions
      • Product Type
      • Application
      • End User
  1. Global Biochip Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Biochip Market Dynamic Factors – Impact Analysis
    • Global Biochip Market – Competition Landscape
    • Epidemiology
  2. Global Biochip Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Biochip Market, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Biochips Instrument
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Microarrays
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Reagents
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Analysis Software
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Biochip Market Forecast, By Application,2015 – 2019 and Forecast, 2020 – 2026
    • Drug Discovery
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gene Sequencing
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cancer Research
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Clinical Diagnosis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Proteomics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Biochip Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Hospitals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Diagnostic centers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pharmaceutical and Biotechnology Companies
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Biochip Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Region, 2020 – 2026
  2. North America Biochip Market Analysis,2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Biochips Instrument
      • Microarrays
      • Reagents
      • Analysis Software
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Drug Discovery
      • Gene Sequencing
      • Cancer Research
      • Clinical Diagnosis
      • Proteomics
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Diagnostic centers
      • Pharmaceutical and Biotechnology Companies
      • Others
    • Country Analysis 2016 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2020 – 2026
    • North America Biochip Market Dynamics – Trends
  3. Europe Biochip Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Biochips Instrument
      • Microarrays
      • Reagents
      • Analysis Software
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Drug Discovery
      • Gene Sequencing
      • Cancer Research
      • Clinical Diagnosis
      • Proteomics
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Diagnostic centers
      • Pharmaceutical and Biotechnology Companies
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2020 – 2026
    • Europe Biochip Market Dynamics – Trends
  4. Asia-Pacific Biochip Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Biochips Instrument
      • Microarrays
      • Reagents
      • Analysis Software
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Drug Discovery
      • Gene Sequencing
      • Cancer Research
      • Clinical Diagnosis
      • Proteomics
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Diagnostic centers
      • Pharmaceutical and Biotechnology Companies
      • Others
    • Country Analysis2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2020 – 2026
    • Asia-Pacific Biochip Market Dynamics – Trends
  5. Latin America Biochip Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Biochips Instrument
      • Microarrays
      • Reagents
      • Analysis Software
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Drug Discovery
      • Gene Sequencing
      • Cancer Research
      • Clinical Diagnosis
      • Proteomics
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Diagnostic centers
      • Pharmaceutical and Biotechnology Companies
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2020 – 2026
    • Latin America Biochip Market Dynamics – Trends
  6. Middle East and Africa Biochip Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Biochips Instrument
      • Microarrays
      • Reagents
      • Analysis Software
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Drug Discovery
      • Gene Sequencing
      • Cancer Research
      • Clinical Diagnosis
      • Proteomics
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Diagnostic centers
      • Pharmaceutical and Biotechnology Companies
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Biochip Market – Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2020 – 2026
    • MEA Biochip Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Abbott Laboratories (U.S.)
      • Thermo Fisher Scientific, Inc. (U.S.)
      • Fluidigm Corporation (U.S)
      • PerkinElmer Inc. (U.S)
      • Agilent Technologies, Inc. (U.S)
      • Illumina, Inc. (U.S)
      • Hoffmann-La Roche AG (Switzerland)
      • GE Healthcare (U.S)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Abbott Laboratories (U.S.)
  • Thermo Fisher Scientific, Inc. (U.S.)
  • Fluidigm Corporation (U.S)
  • PerkinElmer Inc. (U.S)
  • Agilent Technologies, Inc. (U.S)
  • Illumina, Inc. (U.S)
  • Hoffmann-La Roche AG (Switzerland)
  • GE Healthcare (U.S)

Description

Global Biochip Market was valued at $9,038 million in 2020 and is anticipated to grow at $21,429 million by 2027 recording a CAGR of 11.3% during the forecast period 2021-2027. Biochip Market is the miniaturized test sites that are collectively arranged on a solid substrate. It allows various tests to be performed at the same time owing to higher speed. The biochip has the capacity of performing thousands of mathematical operations within a second. There are various types of biochips available, which include protein chips, DNA chips and lab-on-chips. Biochips are used in various applications such as drug screening and development. They are also used in analyzing the organic molecules that are associated with living organisms and they are also helpful in identification of gene sequences. Biochips have a wide range of uses, from illness marker identification to drug development speed, as well as a variety of research applications in genomes, genotyping, and proteomics. Increased clinical research spending, as well as significant resource commitment for genomic and proteomic research, are factors that support the market’s growth potential. Biochip systems, on the other hand, require automated robotic tools to handle and scan micro-scale samples because probes are formatted in micro sizes on glass surfaces. Data analysis also necessitates the use of bioinformatics technologies. Biochips are predicted to become a highly sophisticated and relatively expensive technology as a result of the need for such specific instruments and procedures for implementation, as well as the expansion of the product range for the market. DNA chips, lab-on-a-chip (LOAC), protein chips, and tissue/cell arrays are the several types of biochips available. As a consequence of increased spending on genomics and next-generation sequencing research, as well as rising demand for the detection and diagnosis of genetic abnormalities, DNA chips accounted for the greatest share of sales.

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