PUBLISHER: TechNavio | PRODUCT CODE: 1270897
PUBLISHER: TechNavio | PRODUCT CODE: 1270897
Technavio has been monitoring the biochips market and is forecast to grow by USD 43,273.01 mn during 2022-2027, accelerating at a CAGR of 25.15% during the forecast period. Our report on the biochips market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing applications of microarray biochips in drug discovery, an increase in the market presence of market players with a collaboration strategy, and the growing use of personalized medicines.
Technavio's biochips market is segmented as below:
By End-user
By Technology
By Geographical Landscape
This study identifies the increasing use of chemical microarray technology as one of the prime reasons driving the biochips market growth during the next few years. Also, emerging loc technology and growth in the bioinformatics software industry will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biochips market vendors that include Agilent Technologies Inc., Analis sa, Arrayit Corp., BICO Group AB, Bio Rad Laboratories Inc., Boao Bio Group Co. Ltd., Dynamic Biosensors GmbH, Eden Tech, Greiner Bio-One International GmbH, Illumina Inc., INNOPSYS, Micronit BV, Nutcracker Therapeutics Inc., Perkin Elmer Inc., QIAGEN NV, Randox Laboratories Ltd., Sphere Fluidics Ltd., Takara Holdings Inc., IDEX Corp., and Thermo Fisher Scientific Inc.. Also, the biochips market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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