A Lab-on-a-Chip is a device that integrates laboratory functions and helps to achieve automation and high-throughput screening. Lab on Chips is also known as Micro-Total Analytical System. It has several advantages. It Helps in system compactness; lower fabrication costs; better process controls due to faster response to the system; lower analysis time; and helping in increasing automation capabilities. The application of lab on chips is increasing in different fields of life because of its advantages. For example, from detecting breast cancer to screening for HIV, surviving serious diseases, all of it is done with the help of this chip. The growth of the lab-on-a-chip market can also be substantiated to the increasing use of the chip in the health sector due to the widespread growth of point of care testing and the chip’s potential use in protein crystallization studies and DNA or RNA screening. Additionally, the rise in personalized medicine, drug delivery, and life science research, the need for high diagnostics, and increased government funding have also supported the trend in its growth.
The “Lab on Chips Market – Forecasts from 2019 to 2024” is an exhaustive study of this niche technology market which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product, technology, application, end-user, and geography.
The lab on chips market has been segmented based on the product, technology, application, end-user, and geography. Based on product the market has been segmented into Reagents & Consumables, Instruments, and Software & Services. By technology, the market is classified as Microarray, Microfluidics, and Tissue Biochip. By application, the market has been classified into Genomics & Proteomics, Diagnostics, and Others. By end-user, the market has been classified as Hospitals & Clinics, Diagnostic Centers, Academic & Research Institutes, and Others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the lab on chips market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the lab on chips market.
Reagents & Consumables
Software & Services
Genomics & Proteomics
Hospitals & Clinics
Academic & Research Institutes
Middle East and Africa