Biochips Market, by Product Type (Lab-on-Chip, DNA Chip, Protein Chip and Cell Arrays), by Application (Drug Discovery and Development, Genomics and Proteomics, In vitro Diagnostics and Others), by End User (Hospital and Diagnostic Centers, Pharmaceutical and Biotechnology Companies, Research Institutes and Others) and Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Biochips are known as miniature laboratories or fundamental functional units that are capable of performing various biochemical reactions simultaneously. The size of a biochip is that of a fingernail. The biochip performs a large number of biological reactions in a few seconds such as analyzing contamination and gene decoding. The functional unit is a collection of miniaturized microarrays or test sites arranged on a solid substrate, which performs multiple tests, at the same time, to achieve speedy diagnosis with higher throughput. Biochips can also be used in biological warfare to rapidly detect chemical agents so that defensive measures can be taken.

The integration of biotechnology and electronics has led to the development of biochips that has enabled in replacement of conventional bulky sensing tools into smaller and highly efficient technology. Biochips are used for multiple applications in different spheres of technology involving diagnosis of cancer, biomolecules, blood clots, and analysis of biomarkers.

Rising adoption of biochips in drug discovery and life science research is expected to drive the global biochips market growth

Increasing need for personalized medicine and need for high speed and early diagnostics are some of the key factors driving growth of the global biochips market. Additionally, increasing healthcare awareness and rising use of biochips due to increasing prevalence of cancer are also fuelling growth of the global biochips market. According to the World Health Organization, Cancer is among the leading causes of death globally, with 14 million cases registered in 2012, where the number of new cancer cases is estimated to rise to 22 million within the next two decades. Developments related to miniaturization of biochips are expected to enhance their applicability and usage for genetic sequencing methods such as cancer genomics. Adoption and usage of biochips is also expected to reduce the expenses of genome profiling, which is a factor likely to drive demand for the advanced genetic analysis, i.e., protein expression analysis.

However, limited technical knowledge related to biochips, no proper regulatory guidelines, high instrumentation costs, and availability of alternative technologies are some of the major factors restraining growth of the global biochip market.

Pharmaceutical segment is expected to dominate the biochips market owing to the use of biochip microarray to determine the success of clinical trials of new drugs

The global biochips market is segmented on the basis of product type, application, technology, end user, and geography

On the basis of product type, the global biochips treatment market is segmented into:

  • Lab-on-Chip
  • DNA Chip
  • Protein Chip
  • Cell Arrays

On the basis of application, the global biochips market is segmented into:

  • Drug Discovery & Development
  • Genomics & Proteomics
  • In Vitro Diagnostics
  • Others

On the basis of technology, the global biochips market is segmented into:

  • Microarrays
  • Microfluidics

On the basis of end user, the global biochips treatment market is segmented into:

  • Hospital and Diagnostic Centers
  • Pharmaceutical and Biotechnology Companies
  • Research Institutes
  • Others

Rising prevalence of lifestyle diseases is expected to boost growth of the biochips market in North America

Regional segmentation of the global biochips market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to be dominant in the global biochips market over the forecast period. Growth in the regional market is attributed to rising geriatric population and increasing prevalence of lifestyle diseases such as diabetes and cardiac disorders. According to Centers for Disease Control and Prevention, 2015, around 47% of the people in the U.S. have a risk of heart disease associated with high cholesterol, high blood pressure, and smoking. Also, according to the World Health Organization, 2016 an estimated 422 million adults are living with diabetes, with the prevalence expected to double by 2030. The biochips market in Asia Pacific is expected to witness high growth rate owing increasing research activities in emerging economies such as India, and China, large pool of patients, and rising government funding to encourage research activities.

Key players are engaged in launching and commercialization of biochips supporting growth of the market

New product launches and commercialization of novel biochip products by key players for diagnosis, treatment, and prevention including non-laboratory and laboratory-based research are expected to aid in fuelling demand. Improvement in resolution and accuracy coupled with reduction in costs of associated materials to develop cost effective products are strategies adopted by the major market players.

Key players operating in the global biochips market include Abbott Laboratories, GE Healthcare, Agilent Technologies, Inc., PerkinElmer Inc., Fluidigm Corporation, Illumina, Inc., Bio-Rad Laboratories Inc., Cepheid Inc., Thermo Fisher Scientific, Inc., and F. Hoffmann-La Roche AG.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.