The global biochips market size was USD 9.64 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.1% during the forecast period. Rising adoption of bio chips for analyzing biomolecules, proteins, and Deoxyribonucleic Acid (DNA) is a major factor driving market revenue growth.

The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Biochips market include:

Abbott, Agilent Technologies, Bio-Rad Laboratories, Inc., Danaher Corporation, Standard BioTools, Thermo Fisher Scientific Inc., PerkinElmer Inc., Micronit B.V., Illumina, Inc., BIOMÉRIEUX, QIAGEN, Synbio Technologies, F. Hoffmann-La Roche Ltd, GE HealthCare, Cepheid, BioNTech SE, Personalis, Inc., NantHealth, Inc., Oxford Nanopore Technologies, Bionano Genomics, and others

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Biochips market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porters Five Forces analysis
• In-depth 8-year analysis of the Global Biochips Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Biochips Market Segmentation:

• Chip type Outlook (Revenue, USD Billion; 2019-2032)

  • Lab on a chip
  • Micro array

• Product Outlook (Revenue, USD Billion; 2019-2032)

  • Instruments
  • Reagents and consumables

• Application Outlook (Revenue, USD Billion; 2019-2032)

  • Clinical diagnostics
  • Drug discovery
  • Genomics and proteomics
  • Others

Biochips Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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