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Global Biochips Market Worth USD 17.75 Billion by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: Abbott Labs, Bio-Rad Labs, Cepheid - Research and MarketsResearch and Markets has announced the addition of the "Biochips Market by Type, End user, Fabrication Technology - Forecast to 2020" report to their offering. The biochips market is expected to reach USD 17.75 Billion by 2020 from USD 7.63 Billion in 2015, growing at a CAGR of 18.4% during the forecast period (2015-2020). Increasing adoption of personalized medicine, growing applications of biochips, and technological advancements are the major drivers for the biochips market. However, unclear regulatory guidelines, high instrumentation costs, and absolute quantification of specific mRNA may restrain the market growth to a certain extent. Based on type, the biochips market is segmented into DNA chips, lab-on-a-chip, protein chips, and other arrays. The other arrays segment includes cell arrays and tissue arrays. Based on applications, the DNA chips segment is categorized into gene expression, SNP genotyping, cancer diagnosis & treatmen, genomics, agricultural biotechnology, drug discovery, and other applications (microbial genotyping, proteomics, toxicogenomics, screening and monitoring of patient data in clinical trials, and environmental biology). Based on applications, the lab-on-a-chip segment is classified into genomics, proteomics, drug discovery, IVD & POC clinical diagnostics, and other applications (biodefense, food pathogen identification, and environmental contamination). Similarly, the protein chips market, by application, is segmented into proteomics, high-throughput screening, drug discovery, and other applications (environmental diagnostics and biodefense). Companies Mentioned:
Report Structure: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Biochips Market, By Type 7 Biochips Market, By Fabrication Technology 8 Biochips Market, By End User 9 Biochips Market, By Region 10 Competitive Landscape 11 Company Profiles 12 Appendix For more information visit http://www.researchandmarkets.com/research/qlw2kc/biochips_market View source version on businesswire.com: http://www.businesswire.com/news/home/20160516006457/en/ |