Biochips Market
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Forecast Report on Biochips Market 2014-2020 PowerPoint PPT Presentation


The medical significance of miniaturised or microscopic biological microarray chips, commonly known as biochips, has caused a revolutionising effect on the global healthcare industry. The global ICT and electronics sector has reaped benefits by incorporating latest scientific research in biochip technology into various medical fields such as bioinformatics or molecular biology. The wide range of biochip applications and products have catapulted the growth of the global biochips market size at a remarkable level.

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Forecast Report on Biochips Market 2014-2020

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Forecast report on biochips market 2014 2020

Biochips Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2014– 2020

www.futuremarketinsights.com

Future Market Insights

[email protected]


Forecast report on biochips market 2014 2020

Report Description

Report Description

Overview

The medical significance of miniaturised or microscopic biological microarray chips, commonly

known as biochips, has caused a revolutionising effect on the global healthcare industry. The

global ICT and electronics sector has reaped benefits by incorporating latest scientific research in

biochip technology into various medical fields such as bioinformatics or molecular biology. The

wide range of biochip applications and products have catapulted the growth of the global

biochips market size at a remarkable level.

The variable functionality of biochips is considered as a crucial advancement in medical

technology. Performing abundant calculations in a few seconds and assessing the gene-decoding

data by sending it to a computer quickly are the key features that have led to robust adoption of

biochips.

The global biochips market value is set to increase at a substantial CAGR through 2020. The

principal trend driving the growth of the biochips market is their efficacy in identifying various

cancerous diseases.

Recent research in biotechnology has proved the gravity of medical benefits deduced by the use

of biochips. The most crucial part of its medical approach is detection of cancerous cells and

restricting their metastasizing in bloodstreams.


Forecast report on biochips market 2014 2020

Report Description

Report Description

The rising adoption of biochips as an integral component of cancer dialysis is inciting the growth

of its global market. The influence of digital microfluidic biochips is growing in several

biomedical fields, assisting the detection of bioterrorism agents and the analysis of gel-based

and plate-based DNA arrays.

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212

Drivers of the Global Biochips Market

Detection of Cancer & Other Diseases

Biochips are widely used to detect viral and bacterial agents that cause prevalent diseases such

as anthrax, plague and smallpox. Detecting malignant cells in the body of a cancer patient helps

the diagnosis in cancer treatments.

Personalisation of Medicine

Growth of personalised medicine has increased the demand for electronic biochips used for

medical analysis by individual consumers.

Technical Developments

Less-invasive clinical procedures for installing biochips in the patient’s body are generating


Forecast report on biochips market 2014 2020

Report Description

Report Description

higher adoption in global medical organisations. Improving diagnostic methods and lowering

expense through technical developments is also driving the demand for biochips.

Growth Limitations

Even though the benefits drawn from biochip use are way more conducive for the market’s

growth, there are a handful of compelling factors to limit the expanse of the global biochips

market. Lack of proper knowledge about biochip technology is a prominent restraint lowering

the demand for biochip products.

The irregularities arriving in healthcare coverage around the world are also more likely to

challenge the growth of biochips market. Variable cost and adoption of biochip technologies is

likely to affect the personalisation of medicine, eventually lowering the revenues of the global

biochips market.

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Market Segmentation

To understand the biochip market outlook in depth, its global market is categorised into various

segments based on,


Forecast report on biochips market 2014 2020

Report Description

Report Description

Key Regions

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific

Japan

Middle East and Africa

Type of Applications

Diagnostic

Neurological

Cardiac

Immune Disease

Others

Drug Discovery & Development

Microarray Type (Product Type)

Protein Chip

Lab-on-a-chip Microarray


Forecast report on biochips market 2014 2020

Report Description

Report Description

DNA Chip

Others

Biochips Market: Key Competitors

Companies such as Cepheid Inc., Sigma Aldrich Corp., EMD Milliproe, Calipher Life Sciences Inc.

and Agilent Technologies are some of the top players in the global market for biochips.

Affymetrix Inc., another leading biochip manufacturer, was the first company to introduce

commercial biochips called GeneChips. Redefining strategies involved in location of

manufacturing facilities, technology outsourcing, consumer base enhancement, and mergers

and alliances have helped shape up the competition in the global biochips market.


Forecast report on biochips market 2014 2020

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Forecast report on biochips market 2014 2020

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