image

Biochips Market Size & Overview:

Biochips Market Revenue Analysis

Get More Information on Biochips Market- Request Sample Report

The Biochips Market was valued at USD 10.35 billion in 2023 and is expected to reach USD 35.00 billion by 2032, growing at a CAGR of 14.52% over the forecast period 2024-2032.

The biochips market is experiencing rapid growth, driven by advancements in personalized healthcare, diagnostic technologies, and pharmaceutical research. Biochips enable simultaneous analysis of biological markers, enhancing diagnostic accuracy and contributing to the shift toward personalized medicine, especially in chronic disease management and early disease detection. Their role in genetic and protein analysis is crucial for drug development, with applications in genetic testing, biomarker discovery, and personalized treatment planning.

The market's expansion is particularly evident in the growing demand for microfluidic biochips. These chips, which process biological samples at the microscale, improve diagnostic speed and precision, playing a key role in next-generation sequencing (NGS) and other genomic applications. The miniaturization and high-throughput design of DNA and protein biochips make them integral in accelerating research and diagnostics, fostering the development of more comprehensive and faster results in drug development and genomic studies.

The increased prevalence of chronic diseases like diabetes and cardiovascular disorders is further propelling the biochips market. The National Library of Medicine projects that chronic conditions will rise by more than 50% globally by 2030, underscoring the need for biochips to facilitate early, accurate diagnostics and personalized treatment. As healthcare systems shift toward individualized care, biochips' ability to detect biomarkers and provide real-time monitoring supports these evolving needs.

Additionally, growing investment in biochip research and development, driven by both governments and private entities, is accelerating technological progress. The continuous advancements in microelectronics, machine learning, and AI further enhance biochips' efficiency and accessibility. As their applications expand, particularly in continuous health monitoring and precision medicine, the biochips market is expected to maintain sustained growth, transforming chronic disease management and healthcare delivery globally.

Biochips Market Dynamics

Drivers

The biochips market is witnessing rapid growth, driven by the increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer. According to the WHO, NCDs account for 71% of all deaths globally, with diabetes affecting over 400 million people. Furthermore, the number of people living with cardiovascular diseases is expected to rise by 25% by 2030. These statistics highlight the need for advanced diagnostic tools. Biochips, with their ability to offer early detection, precise diagnostics, and personalized treatment, address this need effectively. Their advancements, including microfluidics and AI integration, have made biochips more accurate, affordable, and accessible for widespread use. With healthcare systems increasingly adopting precision medicine, biochips are playing a vital role in revolutionizing patient care, offering faster diagnostic results, and supporting cost-effective healthcare solutions. As the demand for continuous health monitoring grows, biochips are poised to meet the increasing need for efficient, real-time health assessments.

Technological advancements in microelectronics, biosensors, and microfluidics have made biochips smaller, more efficient, and cost-effective, expanding their accessibility. The growing demand for personalized medicine further accelerates their adoption, as biochips enable precise, individualized treatments based on genetic data. Additionally, the push for healthcare cost-efficiency drives the use of biochips for faster diagnostics and real-time patient monitoring. Government support through funding and regulatory approvals also plays a crucial role in advancing the market.

Restraints

  • The complex manufacturing processes and high initial costs of biochip technology can hinder widespread adoption, particularly in low-resource settings.

  • Stringent regulatory requirements for biochip devices, including approval for clinical use, can slow down their market entry and limit growth in certain regions.

Biochips Market Key Segmentation

By Type

The largest market share of type is taken by the segment of DNA chips. They were considered to be the major part of the biochips market in 2023, owing to their wide application in genetic testing, diagnostics, and personalized medicine. It is to rapid and accurate analysis of large quantities of genetic data that makes them indispensable in research, clinical diagnostics, and drug development. DNA chips held approximately 40-45.0% market share in 2023 because they help in the support of the demand for genetic screening, cancer genomics, and pharmacogenomics. Increased genetic disorders and interest in personalized healthcare have made DNA chips dominate the market. Their extended use in NGS and gene expression profiling has also expanded their scope in biotechnology and clinical research, which will ensure their dominance in the biochips sector in 2023.

LOC is the fastest-growing segment in the biochips market. During the forecast period, it is expected to have more than 15% CAGR, mainly due to the growing need for portable diagnostic devices. LOC systems embody various laboratory functions onto a single chip, which promises rapid and cost-effective diagnostics and real-time health monitoring, particularly in resource-constrained locations. These benefits, combined with further developments in microfluidics and the trend toward personalized medicine, are enhancing the broad adoption of lab-on-a-chip devices in diagnostics at the point of care, in drug discovery, and elsewhere within the clinics. Due to its compact format and versatility for a variety of applications, LOC will be the forefront technology for future biochip development. According to a report by the National Library of Health Statistics published in November 2023, approximately 10.2 million individuals frequently visit healthcare providers for treatment of infectious or parasitic diseases.

By Technology

In 2023, the market of biochips technology was dominated by microarrays with a 54.0% share. Microarrays use high throughput capabilities that enable the simultaneous analysis of thousands of genes or proteins in a period for which it would take the human eye to read a million words. Microarrays were observed in usage with genomics, cancer research, and pharmacogenomics, where researchers can identify genetic markers and variations from one population to the next. The ability of microarrays to perform multiple analyses on a single chip, their integration with drug development and disease research, and their reliability with scalability in research applications ensure dominance. They are a critical tool for biotechnology companies, academic institutions, and clinical diagnostics.

Microfluidics is the fastest-growing technology segment in the biochips market, driven by the demand for more efficient, portable, and cost-effective diagnostic devices. With microfluidics, it is now possible to deal with small fluid volumes very accurately on a chip; hence, it is highly suited for point-of-care diagnostics and lab-on-a-chip devices. Rapid development and miniaturization make the diagnostic process change over time, faster, cheaper, and more accessible. This is expected to observe considerable growth in the course of the forecast period because of its application in personal health monitoring systems, biosensors, and continuous diagnostics, which thereby makes it the most promising technology concerning biochip applications.

Biochips Market Regional Analysis

North America was the dominant region for biochips market in 2023. The United States, in particular, leads because of a long-established healthcare infrastructure and big biotechnology companies which have been a strong fuel to this market. North America houses many of the latest in personalized medicines, genomics, and pharmaceuticals, creating demand for biochips. For instance, Big companies like Thermo Fisher Scientific, which merged with Affymetrix, are also making use of DNA microarrays in genetic diagnostics. All this makes strength in the North American market for biochips. Moreover, high investment in healthcare-related technologies and the growing initiatives from government sectors to support research and innovation have put North America on top of the strong market leadership. The prevalence of chronic diseases, diabetes, and cardiovascular conditions will continue to fuel the fast adoption rate of biochip technologies for disease detection and customized treatments.

The Asia-Pacific region is the fastest-growing biochips market, driven by the expanding healthcare infrastructure and rising prevalence of chronic diseases. Countries such as China, India, and Japan are experiencing significant healthcare investments, which boost the demand for advanced diagnostic technologies like biochips. China, for example, has made substantial progress through its "Healthy China 2030" initiative, focusing on improving healthcare access and adopting cutting-edge technologies, including biochips. Additionally, India’s growing biotechnology sector and advancements in point-of-care diagnostics are further fueling biochip adoption. The region’s diverse healthcare needs, coupled with a rising focus on personalized medicine, have contributed to the increasing uptake of biochip technologies, particularly in diagnostics for cancer, diabetes, and cardiovascular diseases. As these countries continue to grow economically, biochips are expected to play a critical role in transforming healthcare delivery. Moreover, local players are increasingly investing in the development of biochip technologies to cater to the regional market, which contributes to the rapid market expansion in Asia-Pacific. With its large population and expanding healthcare market, the region is set to experience the highest growth rate in the biochips sector over the forecast period.

Biochips-Market-Regional-Analysis-2023

Need any customization research on Biochips Market - Enquiry Now

Key Players

  • Thermo Fisher Scientific, Inc. – DNA microarrays, genomic analysis platforms

  • Standard BioTools – Molecular diagnostics and proteomics biochip platforms

  • Randox Laboratories Ltd. – Genetic risk detection biochips for type 1 diabetes

  • QIAGEN – DNA and RNA biochip arrays

  • PerkinElmer Inc. – Lab-on-a-chip systems

  • LI-COR, Inc. – Protein and DNA biochips

  • Illumina, Inc. – DNA sequencing biochips

  • GE HealthCare – Diagnostic imaging biochip platforms

  • Bio-Rad Laboratories, Inc. – PCR-based biochips

  • Agilent Technologies, Inc. – DNA and protein microarrays

  • IBIOCHIPS – Custom biochip solutions

  • Cellix Ltd – Biochip platforms for cell biology

  • Nspire Medical Systems, Inc. – Biochips for respiratory diagnostics

  • LivaNova PLC – Biochip technology for cardiovascular applications

  • Medtronic – Biochip-based diagnostic systems

  • Koninklijke Philips N.V. – Diagnostic biochips

  • Nihon Kohden Corporation – Biochips for patient health monitoring

  • Nyxoah SA – Biochip solutions for sleep apnea treatments

  • ResMed – Biochip technologies for sleep disorder diagnostics

  • Fisher & Paykel Healthcare Limited – Biochip platforms for respiratory diagnostics

  • SomnoMed – Biochips for sleep apnea treatment

  • VYAIRE – Diagnostic biochip solutions

  • Drive DeVilbiss International – Biochips for respiratory equipment diagnostics.

  • Somnowell – Biochip-based devices for sleep disorder treatments

  • Natus Medical Incorporated – Biochip systems for neurology diagnostics

  • CONTEC MEDICAL SYSTEMS CO., LTD – Point-of-care diagnostic biochips

  • CLEVELAND MEDICAL DEVICES INC. – Biochip-based monitoring systems

  • Nox Medical – Biochips for sleep and respiratory disorder diagnostics

  • Advanced Brain Monitoring, Inc. – Biochip platforms for brain health diagnostics

Recent Development

In May 2024, Visionary Holdings Inc., a leader in artificial intelligence and life sciences education, partnered with Canada's B. Braun Biochip Technology Group to start Visionary Biotechnology Group Co., Ltd. in Toronto. This strategic alliance is expected to have a significant economic and social impact, bolstering Visionary Group's global presence in biotechnology. The collaboration also promises attractive investment potential for the short, medium, and long term.

In March 2024, the Northern Irish health and toxicology company, Randox Laboratories Ltd., launched a revolutionary biochip to detect the genetic risk of type 1 diabetes. The test is the first genetic test in the world devised to rapidly identify high-risk individuals who are most likely to develop the condition, developed with JDRF-funded researchers based at the University of Exeter.

In April 2024, BMF Boston Micro Fabrication introduced BMF Biotechnology Inc. aimed to move the application of 3D BioChips forward in pharmaceutical as well as cosmetic research. The company will advance innovative organ-on-a-chip platforms toward cultivating large-scale tissues in vitro. This will speed up the drug and cosmetics development process.

Biochips Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 10.35 Billion
Market Size by 2032 USD 35.00 Billion
CAGR CAGR of 14.52% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (DNA Chips, Lab-On-A-Chip, Protein Chips)
• By Technology (Microarrays, Microfluidics)
• By End-User (Biotechnology and Pharmaceutical Companies, Hospitals, Diagnostics Centers)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Thermo Fisher Scientific, Inc., Standard BioTools, Randox Laboratories Ltd., QIAGEN, PerkinElmer Inc, LI-COR, Inc., Illumina, Inc., GE HealthCare, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., IBIOCHIPS, Cellix Ltd, Nspire Medical Systems, Inc., LivaNova PLC, Medtronic, Koninklijke Philips N.V., Nihon Kohden Corporation, Nyxoah SA, ResMed, Fisher & Paykel Healthcare Limited, SomnoMed, VYAIRE, Drive DeVilbiss International, Somnowell, Natus Medical Incorporated, CONTEC MEDICAL SYSTEMS CO., LTD, CLEVELAND MEDICAL DEVICES INC., Nox Medical, Advanced Brain Monitoring, Inc., and Others
Key Drivers • Increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer.
• Growing demand for personalized medicines.
RESTRAINTS • The complex manufacturing processes and high initial costs of biochip technology can hinder widespread adoption, particularly in low-resource settings.
• Stringent regulatory requirements for biochip devices, including approval for clinical use, can slow down their market entry and limit growth in certain regions.

Frequently Asked Questions

Ans: The Biochips Market was valued at USD 10.35 Billion in 2023.

Ans: The expected CAGR of the Global Biochips Market during the forecast period is 14.52%.

Ans: DNA chip held the largest share in the Biochips Market in 2023.

Ans: The Biochips Market will be valued at USD 35.00 Billion in 2032.

Ans: The North America led the Biochips Market.

Table of Contents:

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

4.1 Market Driving Factors Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Incidence and Prevalence (2023)

5.2 Prescription Trends, (2023), by Region

5.3 Device Volume, by Region (2020-2032)

5.4 Healthcare Spending, by Region, (Government, Commercial, Private, Out-of-Pocket), 2023

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and Supply Chain Strategies

6.4.3 Expansion plans and new Product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Biochips Market Segmentation, by Type  

7.1 Chapter Overview

7.2 DNA Chips

7.2.1 DNA Chips Market Trends Analysis (2020-2032)

7.2.2 DNA Chips Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Lab-On-A-Chip

              7.3.1 Lab-On-A-Chip Market Trends Analysis (2020-2032)

             7.3.2 Lab-On-A-Chip Market Size Estimates and Forecasts to 2032 (USD Billion)

7.4 Protein Chips

 

              7.4.1 Protein Chips Market Trends Analysis (2020-2032)

             7.4.2 Protein Chips Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Biochips Market Segmentation, by Technology

   8.1 Chapter Overview

   8.2 Microarrays

              8.2.1 Microarrays Market Trends Analysis (2020-2032)

8.2.2 Microarrays Market Size Estimates and Forecasts to 2032 (USD Million)  

8.3 Microfluidics

              8.3.1 Microfluidics Market Trends Analysis (2020-2032)

              8.3.2 Microfluidics Market Size Estimates and Forecasts to 2032 (USD Million)

9. Biochips Market Segmentation, by End-User

9.1 Chapter Overview

      9.2 Biotechnology and Pharmaceutical Companies

             9.2.1 Biotechnology and Pharmaceutical Companies Market Trends Analysis (2020-2032)

9.2.2 Biotechnology and Pharmaceutical Companies Market Size Estimates and Forecasts to 2032 (USD Million)

      9.3 Hospitals

             9.3.1 Hospitals Market Trends Analysis (2020-2032)

      1. Hospitals Market Size Estimates and Forecasts to 2032 (USD Million)

    9.4 Diagnostics Centers

             9.4.1 Diagnostics Centers Market Trends Analysis (2020-2032)

             9.3.2 Diagnostics Centers Market Size Estimates and Forecasts to 2032 (USD Million)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.2.3 North America Biochips Market Estimates and Forecasts, by Type (2020-2032) (USD Million)  

10.2.4 North America Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.2.5 North America Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.2.6 USA

10.2.6.1 USA Biochips Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

10.2.6.2 USA Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.2.6.3 USA Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.2.7 Canada

10.2.7.1 Canada Biochips Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

10.2.7.2 Canada Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.2.7.3 Canada Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.2.8 Mexico

10.2.8.1 Mexico Biochips Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

10.2.8.2 Mexico Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.2.8.3 Mexico Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.3.1.3 Eastern Europe Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.3.1.4 Eastern Europe Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.5 Eastern Europe Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.1.6 Poland

10.3.1.6.1 Poland Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.1.6.2 Poland Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.6.3 Poland Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.1.7 Romania

10.3.1.7.1 Romania Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.1.7.2 Romania Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.7.3 Romania Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.1.8.2 Hungary Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.8.3 Hungary Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.1.9 turkey

10.3.1.9.1 Turkey Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.1.9.2 Turkey Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.9.3 Turkey Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.1.10.2 Rest of Eastern Europe Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.1.10.3 Rest of Eastern Europe Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.3.2.3 Western Europe Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.3.2.4 Western Europe Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.5 Western Europe Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.6 Germany

10.3.2.6.1 Germany Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.6.2 Germany Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.6.3 Germany Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.7 France

10.3.2.7.1 France Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.7.2 France Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.7.3 France Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.8 UK

10.3.2.8.1 UK Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.8.2 UK Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.8.3 UK Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.9 Italy

10.3.2.9.1 Italy Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.9.2 Italy Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.9.3 Italy Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.10 Spain

10.3.2.10.1 Spain Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.10.2 Spain Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.10.3 Spain Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.11.2 Netherlands Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.11.3 Netherlands Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.12.2 Switzerland Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.12.3 Switzerland Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.13 Austria

10.3.2.13.1 Austria Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.13.2 Austria Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.13.3 Austria Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.3.2.14.2 Rest of Western Europe Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.3.2.14.3 Rest of Western Europe Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4 Asia Pacific

10.4.1 Trends Analysis

10.4.2 Asia Pacific Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.4.3 Asia Pacific Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.4.4 Asia Pacific Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.5 Asia Pacific Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.6 China

10.4.6.1 China Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.6.2 China Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.6.3 China Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.7 India

10.4.7.1 India Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.7.2 India Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.7.3 India Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.8 Japan

10.4.8.1 Japan Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.8.2 Japan Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.8.3 Japan Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.9 South Korea

10.4.9.1 South Korea Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.9.2 South Korea Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.9.3 South Korea Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.10 Vietnam

10.4.10.1 Vietnam Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.10.2 Vietnam Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.10.3 Vietnam Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.11 Singapore

10.4.11.1 Singapore Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.11.2 Singapore Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.11.3 Singapore Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.12 Australia

10.4.12.1 Australia Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.12.2 Australia Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.12.3 Australia Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.4.13 Rest of Asia Pacific

10.4.13.1 Rest of Asia Pacific Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.4.13.2 Rest of Asia Pacific Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.4.13.3 Rest of Asia Pacific Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.5.1.3 Middle East Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.5.1.4 Middle East Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.5 Middle East Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.1.6 UAE

10.5.1.6.1 UAE Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.1.6.2 UAE Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.6.3 UAE Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.1.7.2 Egypt Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.7.3 Egypt Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.1.8.2 Saudi Arabia Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.8.3 Saudi Arabia Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.1.9.2 Qatar Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.9.3 Qatar Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.1.10.2 Rest of Middle East Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.1.10.3 Rest of Middle East Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.5.2.3 Africa Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.5.2.4 Africa Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.2.5 Africa Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.2.6.2 South Africa Biochips Market Estimates and Forecasts, by Technology  (2020-2032) (USD Million)

10.5.2.6.3 South Africa Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.2.7.2 Nigeria Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.2.7.3 Nigeria Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.5.2.8.2 Rest of Africa Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.5.2.8.3 Rest of Africa Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Biochips Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

10.6.3 Latin America Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)  

10.6.4 Latin America Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.6.5 Latin America Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.6.6 Brazil

10.6.6.1 Brazil Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.6.6.2 Brazil Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.6.6.3 Brazil Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.6.7 Argentina

10.6.7.1 Argentina Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.6.7.2 Argentina Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.6.7.3 Argentina Biochips Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)

10.6.8 Colombia

10.6.8.1 Colombia Biochips Market Estimates and Forecasts, by Type   (2020-2032) (USD Million)

10.6.8.2 Colombia Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.6.8.3 Colombia Biochips Market Estimates and Forecasts, by End-User(2020-2032) (USD Million)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Biochips Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

10.6.9.2 Rest of Latin America Biochips Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)

10.6.9.3 Rest of Latin America Biochips Market Estimates and Forecasts, by End-User(2020-2032) (USD Million)

11. Company Profiles

11.1 Thermo Fisher Scientific, Inc. 

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Standard BioTools 

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Randox Laboratories Ltd. 

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 QIAGEN 

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 GE HealthCare 

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 Bio-Rad Laboratories, Inc. 

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Agilent Technologies, Inc. 

11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Medtronic 

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Koninklijke Philips N.V. 

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 CONTEC MEDICAL SYSTEMS CO., LTD 

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segmentation

By Type

  • DNA Chips

  • Lab-On-A-Chip

  • Protein Chips

By Technology

  • Microarrays

  • Microfluidics

By End-User

  • Biotechnology and Pharmaceutical Companies

  • Hospitals

  • Diagnostics Centers

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

Middle East

  • UAE

  • Egypt

  • Saudi Arabia

  • Qatar

  • Rest of the Middle East

Africa

  • Nigeria

  • South Africa

  • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of the product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone