Biochip Market, Global Outlook and Forecast 2023-2029

The global Biochip market was valued at US$ 9777.5 million in 2022 and is projected to reach US$ 17540 million by 2029, at a CAGR of 8.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

In molecular biology, biochips are essentially miniaturized laboratories that can perform hundreds or thousands of simultaneous biochemical reactions. Biochips enable researchers to quickly screen large numbers of biological analytes for a variety of purposes, from disease diagnosis to detection of bioterrorism agents. Digital microfluidic biochips have become one of the most promising technologies in many biomedical fields. In a digital microfluidic biochip, a group of (adjacent) cells in the microfluidic array can be configured to work as storage, functional operations, as well as for transporting fluid droplets dynamically.

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This report aims to provide a comprehensive presentation of the global market for Biochip, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biochip. This report contains market size and forecasts of Biochip in global, including the following market information:

Global Biochip Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Biochip Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Biochip companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Microarrays Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Biochip include Abbott Laboratories, PerkinElmer, Inc, GE Healthcare, Sigma-Aldrich Corporation, Agilent Technologies, Inc, Illumina, Inc., Bio-Rad Laboratories, Fluidigm Corporation and Thermo Fisher Scientific, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Biochip manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Biochip Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Biochip Market Segment Percentages, by Type, 2022 (%)

• Microarrays

• Microfluidics

Global Biochip Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Biochip Market Segment Percentages, by Application, 2022 (%)

• Biotechnology and Pharmaceutical Companies

• Hospitals and Diagnostics Centers

• Academic & Research Institutes

• Other End Users

Global Biochip Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Biochip Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

• The Middle East and Africa (Middle East, Africa)

• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Biochip revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Biochip revenues share in global market, 2022 (%)

• Key companies Biochip sales in global market, 2018-2023 (Estimated), (K Units)

• Key companies Biochip sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Abbott Laboratories

• PerkinElmer, Inc

• GE Healthcare

• Sigma-Aldrich Corporation

• Agilent Technologies, Inc

• Illumina, Inc.

• Bio-Rad Laboratories

• Fluidigm Corporation

• Thermo Fisher Scientific

• Merck Millipore

Outline of Major Chapters:

Chapter 1: Introduces the definition of Biochip, market overview.

Chapter 2: Global Biochip market size in revenue and volume.

Chapter 3: Detailed analysis of Biochip manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Biochip in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Biochip capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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