Biochips Market was worth $10.61 billion in 2018
Biochips Market was worth $10.61 billion in 2018 and estimated to be growing at a CAGR of 21.80%, to reach $28.44 billion by 2023.
(EMAILWIRE.COM, September 11, 2018 ) Market Overview:
The global Biochips market is valued at $10.61 billion in 2018 and envisioned to be developing at a CAGR of 21.80%, to attain $28.44 billion by 2023. A biochip is a set of microarrays organized on a strong substrate which allows hundreds or masses of complicated biochemical reactions which include deciphering genes in a few seconds. Biochips are utilized in a fashion of packages such as studies utility in biotechnology consisting of genomics and proteomics, drug screening and improvement and molecular diagnostics. It additionally offers different diagnostic applications along with microfluidics technology, microarray, and biosensors.
Request Report Sample: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/request-sample
Factors affecting market growth:
Development of targeted and personalized medicines (+)
Rising healthcare expenditure (+)
Increasing applications in drug discovery (+)
Availability of substitute technologies (+)
Technological innovations (+)
Insufficient knowledge for manufacturing of biochips (-)
Standardization concerns (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/customize-report
Market Segmentation
The Global Biochips market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
North America is leading the worldwide Biochips market because of technological advancements and a massive growth of aging population. However, Asia-Pacific is growing as one of the fastest developing market due to development of latest technology, and promising government schemes.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/
Key players:
The leading companies of the market include Agilent Technologies Inc., Fluidigm Corporation, PerkinElmer Inc., Bio-Rad Laboratories Inc., GE Healthcare, Cepheid Inc., Illumina Inc., and Thermo Fisher Scientific Inc.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
The global Biochips market is valued at $10.61 billion in 2018 and envisioned to be developing at a CAGR of 21.80%, to attain $28.44 billion by 2023. A biochip is a set of microarrays organized on a strong substrate which allows hundreds or masses of complicated biochemical reactions which include deciphering genes in a few seconds. Biochips are utilized in a fashion of packages such as studies utility in biotechnology consisting of genomics and proteomics, drug screening and improvement and molecular diagnostics. It additionally offers different diagnostic applications along with microfluidics technology, microarray, and biosensors.
Request Report Sample: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/request-sample
Factors affecting market growth:
Development of targeted and personalized medicines (+)
Rising healthcare expenditure (+)
Increasing applications in drug discovery (+)
Availability of substitute technologies (+)
Technological innovations (+)
Insufficient knowledge for manufacturing of biochips (-)
Standardization concerns (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/customize-report
Market Segmentation
The Global Biochips market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
North America is leading the worldwide Biochips market because of technological advancements and a massive growth of aging population. However, Asia-Pacific is growing as one of the fastest developing market due to development of latest technology, and promising government schemes.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/global-biochips-market-1630/
Key players:
The leading companies of the market include Agilent Technologies Inc., Fluidigm Corporation, PerkinElmer Inc., Bio-Rad Laboratories Inc., GE Healthcare, Cepheid Inc., Illumina Inc., and Thermo Fisher Scientific Inc.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results