Global Biochips
Market
Share, Global Trends,
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Segmentation and Forecast,
2014 – 2020
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Report
Description
Report Description
A biochip is a collection of miniaturized micro array chips that are arranged on a solid substrate.
Basically, a microchip is capable of performing huge and ample calculations in one second. For
instance, a biochip can perform genes decoding function in a few seconds. Biochips may or may
not be electronic and are used as an individual sensor to perform analysis for a specific area.
Biochips are majorly used for analyzing gel-based DNA array, plate-based DNA array, and micro
fluid biochips. This is expected to drive demand for biochips in near future.
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The biochips market is expected to be driven by factors such as personalized medicine growth,
technical developments, and use of biochips for cancer treatment across the globe. Owing to
these factors, the global market for biochips is expected to double in the next six years However,
lack of proper knowledge and healthcare coverage across the globe may pose challenges to the
market growth in near future.
Report
Description
Report Description
Apart from geographical categorization, the biochips market can be classified on the type of
applications and microarray type. Based on the applications, broadly the categories include
diagnostic applications and drug discovery and development. Furthermore, biochip diagnostic
applications include neurological diagnostic, cardiac diagnostic, immune disease diagnostic, and
others. Biochips classification according to the microarray type includes: protein microarray, labon-a chip microarray, and DNA microarray, and others.
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Relocation of manufacturing facilities and outsourcing biochip technology are key strategies
being followed by participants in this market. In addition, strategic alliances to expand
geographical presence and market share along with an enhanced customer base are being
followed by companies to grab a significant share in the market. The prominent players of
biochips market areBiochain Institute Inc., Cepheid Inc., EMD Millipore, Calipher Life Sciences
Inc., Affymetrix Inc., Agilent Technologies Inc., and Sigma Aldrich Corp, among others.
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