, May 31, 2017 ) North America Biochips Market worth 6.39 Billion USD by 2021
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.
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The applications of biochip are limitless as it is being used in toxicological, protein, and biochemical research. Biochips Market Report
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.
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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 are rise 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.
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Based on Type:
• DNA Chips
• SNP Genotyping
• Agricultural Biotechnology
• Gene Expression
• Cancer Diagnosis & Treatment
• Drug Discovery
• Clinical Diagnostics
• IVD & POC
• Drug Discovery
• Protein Chips
• Expression Profiling
• High-Throughput Screening
• Drug Discovery
• Other types
• Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type
Based on End-User:
• 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:
• Y-o-Y Growth Analysis, By Fabrication Technology
• Market Attractiveness Analysis, By Fabrication Technology
• Market Share Analysis, By Fabrication Technology
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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 Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive 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 Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Biochips Segment:
North America Nanotechnology in Medical Devices Market: http://www.marketdataforecast.com/market-reports/north-america-nanotechnology-in-medical-devices-market-287/
North America Next Generation Sequencing (NGS) market : http://www.marketdataforecast.com/market-reports/north-america-next-generation-sequencing-market-117/
Nuclear Medicine Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-diagnostics-market-123/
North America Portable X-Ray devices: http://www.marketdataforecast.com/market-reports/north-america-portable-x-ray-devices-market-627/
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