Press release
Global Biochipss Market analysis, Overview and Forecast 2016-2021
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The medicinal importance of miniaturised biological microarray chips, generally known as biochips, has produced a transforming effect on the global healthcare industry. The extensive variety of biochip applications and products have propelled the growth of the market at an extraordinary level.
Biochip products consist of microarrays of biochemical particles, which are assembled on a silicon or glass plate. These devices have functions in gene sequencing, proteomics, genomics, clinical diagnosis, and drug discovery.
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The growth of the global Biochips market is mainly due to factors such as rise in the utilization of personalized medicine, demand for high speed diagnostics and increasing government funding. In addition, growing healthcare awareness is also boosting the growth of the biochips market. However, inadequate technical awareness related to biochips, low acceptance due to high cost and accessibility to alternate technologies are some of the major factors limiting the growth of the market.
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The global Biochips market is segmented as follows:
1) Based on Type:
• DNA Chips
• SNP Genotyping
• Genomics
• Agricultural Biotechnology
• Gene Expression
• Cancer Diagnosis & Treatment
• Drug Discovery
• Other DNA chips
• Lab-On-A-Chip
• Clinical Diagnostics
• IVD & POC
• Drug Discovery
• Genomics
• Proteomics
• Protein Chips
• Expression Profiling
• High-Throughput Screening
• Proteomics
• Diagnostics
• Drug Discovery
• Other types
2) Based on End User:
• Hospitals and Diagnostics Centers
• Biotechnology and Pharmaceutical Companies
• Academic & Research Institutes
3) Based on Fabrication Technology:
• Microfluidics
• Microarrays
4) Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
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The recent developments in the global biochips market include the outsourcing of biochips technology, which would aid in decreasing labor cost and capital prerequisites. The major companies dominating the Biochips market in this region are Agilent Technologies Inc., Fluidigm Corporation, PerkinElmer Inc., Bio-Rad Laboratories Inc., GE Healthcare, Cepheid Inc., Illumina Inc., and Thermo Fisher Scientific Inc.
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Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients.
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