(PharmaNewsWire.Com, April 20, 2017 ) Market Data Forecast recently published a report on the North America Biochips Market which estimates the market to grow from USD 2.30 billion from 2016 to USD 6.39 billion with a high CAGR of 22.64%.
A Biochip or a microchip is a chip alike computer chip which performs thousands of biological reactions and is very attractive to drug developers A biochip is a collection of diminished test sites like microarrays arranged on a solid substrate which permits many of tests to be performed at the same time in order to achieve higher throughput and speed and is cheap and reliable Usually, a biochip's surface area is no larger than a fingernail. The applications of biochip are limitless as it is being used in toxicological, protein, and biochemical research. Biochips can also be used to rapidly detect chemical agents used in biological warfare so that defensive measures can be taken. Like a computer chip, that can also execute millions of mathematical operations in one second
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section arerise in the utilization of personalized medicine, demand for high speed diagnostics and increasing government funding. In addition to this, growing healthcare awareness is also enhancing the growth of the biochips market.
The products are segmented based on North America Biochips Market type, application and end user are studied for a deep-level understanding of the Diagnostic Imaging market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based onType: Introduction DNA Chips SNP Genotyping Genomics Agricultural Biotechnology Gene Expression Cancer Diagnosis & Treatment Drug Discovery Others 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 Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type Based on End-User: Introduction Hospitals and Diagnostics Centers Biotechnology and Pharmaceutical Companies Academic & Research Institutes Y-o-Y Growth Analysis, By End User Market Attractiveness Analysis, By End User Market Share Analysis, By End User Based on fabrication Technology: Introduction Microfluidics Microarrays Y-o-Y Growth Analysis, By Fabrication Technology Market Attractiveness Analysis, By Fabrication Technology Market Share Analysis, By Fabrication Technology
The North America market has been geographically segmented into segmented into United States and Canada. North America is leading the global Biochips market due to technological advancements and a large pool of ageing populace. The North America market leads the global market and is very modern and is focused on innovating cost-effective chips.
The recent developments in the global biochips market include the outsourcing of biochips technology, which would aid in decreasing labour 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.
Scope of the North America Biochips Market:
Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine themacro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. Anextensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlookcomprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market Checkout other related studies in the Biochips Segment:
About Market Data Forecast: The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the clients research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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