Lab on Chips Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Lab on Chips Market Product Type (DNA Microarrays, Lab on a chip/Microfluidics, Protein Microarrays, Tissue Biochip, Carbohydrate Biochips) By Application (Genomics & Proteomics, Diagnostics, Drug Discovery, Others) End User (Hospitals, Academic and Research Institute, Diagnostic labs, Others) and Geography

 

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Report

Description

Lab on Chips Market size was valued at USD 4,160.8 million in 2021 and expected to grow at a CAGR of 8.9% over the forecast period 2022-28. On the perspective of life sciences detection of blood cancer, screening of HIV, crystallization studies are the drivers which help in the growth of global lab on chip market. There are few factors which act as restraint such as limited technician knowledge, high cost and availability of the alternative which hamper the growth. Intense opportunity is provided by biotechnology and life science testing for the adequate growth of global lab on chip market.

Key Developments:

Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company.
In April 2019, researchers from the Princeton University (U.S.) developed a new technology, which is projected to replace laboratory settings with a single microchip. This technology used complex biosensors systems as its principle and employs tiny metal layers embedded in a microchip to eliminate the bulky & complex optical instrumentation used in the diagnostic laboratories.
In Feb 2016, researchers at the University of Kansas (U.S.) developed a new lab-on-a-chip diagnostic device that will regulate the liquid biopsy principle to quickly detect cancer using a droplet of plasma or blood

 


Global Lab on Chips Market

MARKET SUMMARY
-
8.9%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 8.9%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Lab on Chips Market

  • Lab on Chips 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
  • EMD Millipore
  • Thermo Fisher Scientific, Inc.
  • Abbott Laboratories
  • Roche Diagnostics
  • uFluidix, Bio-Rad Laboratories
  • CellBio, Inc.
  • Achira Labs
  • Illumina, Inc.
  • Agilent Technologies
Growth

Lab on Chips Market

It is noticed that the global lab on chip market has a significant market growth rate on the perspective of rising demand of personalized medicines and other cancer therapies. Global market for personalized medicine therapeutics was estimated to be worth some 60 billion U.S. dollars, forecasting a growth up to 140 billion dollars by 2022. Cancer is the second leading cause of death globally, and is responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths is due to cancer. Hence all these contribute towards the sustainable development of global lab on chip market.


North-America Got Significant Share

Lab on Chips Market

North America contributed major revenue followed by Europe and Asia Pacific. In 2019, North America region accounted huge growth rate and is anticipated to grow with a forecast year on the perspective of availability of microarray chips at an affordable cost and existence of evolved research infrastructure for healthcare and biotechnology. Europe gain the second position by increase in research and development and rising funding. Asia pacific play a role in market with the help of growing population of the countries like China and India. With the other important factor like technology advancement boosting the global lab on chip market.

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 (2016 to 2021) and forecast (2022 to 2028)
  • 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

Key

Key Findings of the Report

Lab on Chips Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Lab on Chips Market Introduction
    • Global Lab on Chips Market – Taxonomy
    • Global Lab on Chips Market –Definitions
      • Product Type
      • Application
      • End User
  1. Global Lab on Chips Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Lab on Chips Market Dynamic Factors – Impact Analysis
    • Global Lab on Chips Market – Competition Landscape
  2. Global Lab on Chips 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 Opportunity Analysis
  3. Global Lab on Chips Market, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • DNA 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
    • Lab on a chip/Microfluidics
      • 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
    • Protein 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
    • Tissue Biochip
      • 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
    • Carbohydrate Biochips
      • 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 Lab on Chips Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Genomics & 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
    • Diagnostics
      • 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
    • 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
    • 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 Lab on Chips Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026
    • 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
    • Academic and Research Institute
      • 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 labs
      • 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 Lab on Chips 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 Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Region, 2020 – 2026
  2. North America Lab on Chips 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 (%)
      • DNA Microarrays
      • Lab on a chip/Microfluidics
      • Protein Microarrays
      • Tissue Biochip
      • Carbohydrate Biochips
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Genomics & Proteomics,
      • Diagnostics
      • Drug Discovery
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Academic and Research Institute
      • Diagnostic labs
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Country, 2020 – 2026
    • North America Lab on Chips Market Dynamics – Trends
  3. Europe Lab on Chips 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 (%)
      • DNA Microarrays
      • Lab on a chip/Microfluidics
      • Protein Microarrays
      • Tissue Biochip
      • Carbohydrate Biochips
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Genomics & Proteomics,
      • Diagnostics
      • Drug Discovery
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Academic and Research Institute
      • Diagnostic labs
      • 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 Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Country, 2020 – 2026
    • Europe Lab on Chips Market Dynamics – Trends
  4. Asia-Pacific Lab on Chips 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 (%)
      • DNA Microarrays
      • Lab on a chip/Microfluidics
      • Protein Microarrays
      • Tissue Biochip
      • Carbohydrate Biochips
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Genomics & Proteomics,
      • Diagnostics
      • Drug Discovery
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Academic and Research Institute
      • Diagnostic labs
      • Others
    • Country Analysis 2015 – 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 Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Country, 2020 – 2026
    • Asia-Pacific Lab on Chips Market Dynamics – Trends
  5. Latin America Lab on Chips 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 (%)
      • DNA Microarrays
      • Lab on a chip/Microfluidics
      • Protein Microarrays
      • Tissue Biochip
      • Carbohydrate Biochips
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Genomics & Proteomics,
      • Diagnostics
      • Drug Discovery
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Academic and Research Institute
      • Diagnostic labs
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Country, 2020 – 2026
    • Latin America Lab on Chips Market Dynamics – Trends
  6. Middle East and Africa Lab on Chips 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 (%)
      • DNA Microarrays
      • Lab on a chip/Microfluidics
      • Protein Microarrays
      • Tissue Biochip
      • Carbohydrate Biochips
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Genomics & Proteomics,
      • Diagnostics
      • Drug Discovery
      • Others
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Academic and Research Institute
      • Diagnostic labs
      • 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 Lab on Chips Market – Opportunity Analysis Index, By Product Type, Application, End User and Country, 2020 – 2026
    • MEA Lab on Chips 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)
      • EMD Millipore
      • Thermo Fisher Scientific, Inc.
      • Abbott Laboratories
      • Roche Diagnostics
      • uFluidix, Bio-Rad Laboratories
      • CellBio, Inc.
      • Achira Labs
      • Illumina, Inc.
      • Agilent Technologies
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

Competition Assessment

Key player’s profiles in the global lab on chip market include:

  • EMD Millipore
  • Thermo Fisher Scientific, Inc.
  • Abbott Laboratories
  • Roche Diagnostics
  • uFluidix, Bio-Rad Laboratories
  • CellBio, Inc.
  • Achira Labs
  • Illumina, Inc.
  • Agilent Technologies

Description

Lab on Chips Market size was valued at USD 4,160.8 million in 2021 and expected to grow at a CAGR of 8.9% over the forecast period 2022-28. On the perspective of life sciences detection of blood cancer, screening of HIV, crystallization studies are the drivers which help in the growth of global lab on chip market. There are few factors which act as restraint such as limited technician knowledge, high cost and availability of the alternative which hamper the growth. Intense opportunity is provided by biotechnology and life science testing for the adequate growth of global lab on chip market.

Key Developments:

Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company.
In April 2019, researchers from the Princeton University (U.S.) developed a new technology, which is projected to replace laboratory settings with a single microchip. This technology used complex biosensors systems as its principle and employs tiny metal layers embedded in a microchip to eliminate the bulky & complex optical instrumentation used in the diagnostic laboratories.
In Feb 2016, researchers at the University of Kansas (U.S.) developed a new lab-on-a-chip diagnostic device that will regulate the liquid biopsy principle to quickly detect cancer using a droplet of plasma or blood

 

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