Global Biochip Products and Services Market (2017-2022) – Grow Pricing, Features, Reviews & Comparison of Alternatives
The global Biochip Products And Services market is expected to grow with high CAGR during forecast period, due to its increasing applications in drug discovery, genomics and proteomics. Furthermore, development of targeted and personalized medicines for treatment of cancer would also support the growth of biochip products. Manufacturing of biochip products require technical Know-how, whereas insufficient knowledge would restrict the growth of the market for these products. The other important factor that would restrict the growth of biochip products market is lack of healthcare coverage. Widening the applications of biochip products would develop new opportunities for this market. In emerging economies, governments have taken the initiative to increase healthcare awareness and this factor would help to fuel the growth of biochip products market. Biochip Products and Services Market by Product TypesThe biochip products and services market is segmented by product type into different categories, namely tissue biochips, DNA biochips, protein biochips, carbohydrate biochips and lab-on-chips. DNA biochips represent the leading sub-segment in product types, due to its wide applications in biotechnology and drug discovery. DNA biochips market is followed by lab-on-chips and protein biochips market, due to advances in proteomics and genomics. Improvements in the field of recombinant proteins would also support the growth of protein biochips market
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Biochip products are made up of microarrays of biochemical molecules, which are arranged on silicon or glass plate. These products have applications in gene sequencing, clinical diagnosis, genomics, proteomics, and drug discovery. Based on a biological material attached to the surface of chip, these products are categorized as tissue biochips, DNA biochips, Protein biochips, carbohydrate biochips and lab-on-chips. The report investigates the market dynamics, which includes critical drivers for growth, restrains and opportunities for biochip market globally. Deep-dive analysis of leading organizations would be helpful to strategist and professionals to gauge the competitive intelligence. In-depth analysis of past, current and future trends would serve as a guide to the corporate sector. Biochip Products and Services Market by Application The biochip products and services market is segmented by application type into different sub-categories such as gene sequencing and gene expression, clinical diagnosis and treatment (Cancer diagnosis), genomics and toxicogenomics, proteomics, drug discovery and other applications. Clinical diagnosis and treatment is the leading sub-segment in application types. Cancer diagnosis and treatment segment is primarily driven by personalized medicines approved by the FDA for the treatment of cancer. Other factors supportive to the growth of cancer diagnosis segment include government funding and technological advancements.
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MARKET BY PRODUCT TYPE
- Tissue Biochips
- DNA Biochips
- Protein Biochips
- Carbohydrate Biochips
- Lab-on-chips
- Cellular Biochips
MARKET BY APPLICATION
- Gene sequencing and Gene Expression
- Clinical Diagnosis and Treatment (Cancer Diagnosis)
- Genomics and Toxicoginomics
- Proteomics
- Drug Discovery
- Other Biochip Applications
MARKET BY GEOGRAPHY
- North America
- Europe
- Asia-Pacific
- LAMEA
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