- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
Biochip Market was valued at USD 9,038 million in 2022 and is poised to grow at a CAGR of 11.3% from 2023-2029. Biochip Market is the miniaturized test sites that are collectively arranged on a solid substrate. It allows various tests to be performed at the same time owing to higher speed. The biochip has the capacity of performing thousands of mathematical operations within a second. There are various types of biochips available, which include protein chips, DNA chips and lab-on-chips. Biochips are used in various applications such as drug screening and development. They are also used in analyzing the organic molecules that are associated with living organisms and they are also helpful in identification of gene sequences. Biochips have a wide range of uses, from illness marker identification to drug development speed, as well as a variety of research applications in genomes, genotyping, and proteomics. Increased clinical research spending, as well as significant resource commitment for genomic and proteomic research, are factors that support the market's growth potential. Biochip systems, on the other hand, require automated robotic tools to handle and scan micro-scale samples because probes are formatted in micro sizes on glass surfaces. Data analysis also necessitates the use of bioinformatics technologies. Biochips are predicted to become a highly sophisticated and relatively expensive technology as a result of the need for such specific instruments and procedures for implementation, as well as the expansion of the product range for the market. DNA chips, lab-on-a-chip (LOAC), protein chips, and tissue/cell arrays are the several types of biochips available. As a consequence of increased spending on genomics and next-generation sequencing research, as well as rising demand for the detection and diagnosis of cytogenetics abnormalities, DNA chips accounted for the greatest share of sales.
Biochip Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
11%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Biochip Market Dynamics
Increase in the demand for personalized medicine is the major factor driving the growth of the biochip market. The widening use of the biochips in detecting several viral and bacterial agents which cause diseases is also likely to influence the growth of the market. Biochips application in detecting cancer in the patients and installation of the biochips in the patient’s body through non-invasive techniques is gaining popularity among the patient pool, which is likely to drive the growth of the biochip market. The increasing investments by the pharmaceutical and biotechnology companies in the R&D activities are enriching the growth of the market. However, the higher investment in the initial stages is likely to hinder the growth of the biochip market.
North-America Got Significant Share
Biochip Market Regional Analysis
Geographically, global biochip market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America biochip market is growing due to its technological advancements. The rising count of the population affected with cancer is also a major factor that is adding scope for the development of biochip market in this region. The affordability of the treatment is also considerably high in the North America when compared with that of the other regions. The growing awareness among the patient pool regarding the new treatment procedures is helping in the adoption of the modern treatments.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Biochip Market Segmentation
By Product Type
By Application
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
By End User
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
Frequently Asked Questions
The key segments covered in the biochip market are: by product type, application, end-users and geography
The biochip market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The biochip market key players are: Abbott Laboratories (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Fluidigm Corporation (U.S), PerkinElmer Inc. (U.S), Agilent Technologies, Inc. (U.S)
Table of Contents
- Executive Summary
- Global Biochip Market Introduction
- Global Biochip Market Taxonomy
- Global Biochip Market Definitions
- Product Type
- Application
- End User
- Global Biochip Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Biochip Market Dynamic Factors - Impact Analysis
- Global Biochip Market Competition Landscape
- Epidemiology
- Global Biochip Market Analysis,2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market OpportunityAnalysis
- Global Biochip Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Biochips Instrument
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Microarrays
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Reagents
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Analysis Software
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Biochips Instrument
- Global Biochip Market Forecast, By Application,2018 - 2022 and Forecast, 2023 - 2029
- Drug Discovery
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Gene Sequencing
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Cancer Research
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Clinical Diagnosis
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Proteomics
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Drug Discovery
- Global Biochip Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Hospitals
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Diagnostic centers
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Pharmaceutical and Biotechnology Companies
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Hospitals
- Global Biochip Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Region, 2023 - 2029
- North America
- North America Biochip Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
- Country Analysis 2016 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US
- Canada
- North America Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2023 - 2029
- North America Biochip Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Europe Biochip Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2023 - 2029
- Europe Biochip Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Biochip Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
- Country Analysis2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2023 - 2029
- Asia-Pacific Biochip Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Latin America Biochip Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
- Latin America Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2023 - 2029
- Latin America Biochip Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Biochip Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Biochips Instrument
- Microarrays
- Reagents
- Analysis Software
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Drug Discovery
- Gene Sequencing
- Cancer Research
- Clinical Diagnosis
- Proteomics
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Hospitals
- Diagnostic centers
- Pharmaceutical and Biotechnology Companies
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Biochip Market - Opportunity Analysis Index, By Product Type, By Application, By End User and Country, 2023 - 2029
- MEA Biochip Market Dynamics Trends
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- Abbott Laboratories (U.S.)
- Thermo Fisher Scientific, Inc. (U.S.)
- Fluidigm Corporation (U.S)
- PerkinElmer Inc. (U.S)
- Agilent Technologies, Inc. (U.S)
- Illumina, Inc. (U.S)
- Hoffmann-La Roche AG (Switzerland)
- GE Healthcare (U.S)
- Research Methodology
- Key Assumptions and Acronyms
- Abbott Laboratories (U.S.)
- Thermo Fisher Scientific, Inc. (U.S.)
- Fluidigm Corporation (U.S)
- PerkinElmer Inc. (U.S)
- Agilent Technologies, Inc. (U.S)
- Illumina, Inc. (U.S)
- Hoffmann-La Roche AG (Switzerland)
- GE Healthcare (U.S)