Lab-on-a-chip Market estimated to be at US$ 5,175.4 million, is expected to witness a CAGR of 10.5% by 2027 | Coherent Market Insights
Lab-on-a-chip Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Lab-on-a-chip Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
Lab-on-a-chip Market to Surpass US$ 11,488.6 Million by 2027 – Coherent Market Insights
Lab-on-a-chip (LOC) market is expected to witness significant growth over the forecast period, attributed to rising technological advancements by market players. For instance, Engineers at Rutgers University of the U.S. developed a novel device based LOC technology, in 2015, which significantly reduces the cost related to lab test for diseases such as HIV, syphilis, and Lyme disease.
Request for Sample Copy of Report here
Moreover, LOC device employs microfluidics technology that makes test more affordable for patient and researchers and require less amount of sample fluid in comparison to conventional tests. Furthermore, in 2018, CN Bio Innovations Limited launched PhysioMimix, a printer-sized device that allows researchers to conduct organ-on-chip studies in their own labs and tests of new drugs and chemicals on living human organ models.
Browse 44 Market Data Tables and 37 Figures spread through 171 Pages and in-depth TOC on ‘Global Lab-on-a-chip Market , by Product Type (Reagents & Consumables, Software, and IV Needles), by Application (Genomics, Proteomics, Diagnostics, and Drug Discovery), by Technology (Microarrays and Microfluidics), by End User (Hospitals, Diagnostic Labs, Academic & Research Institutes, and Biotechnology & Pharmaceutical Companies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Global Forecast to 2027’
Major application of LoC systems include pathogen detection by using DNA-based methods with electrochemical techniques. Moreover, infectious diseases such as Swine flu, Zika virus, and Ebola virus are major causes of death and epidemics can be diagnosed early with the help of LoCs diagnostics. This is attributed to their capability of offering diagnosis in real time to improve the disease-management landscape. Moreover, according to data published in the International Journal of Bio-Science and Bio-Technology in 2016, researchers suggest that LoC technology can be useful for finding a novel way to treat central nervous system disorders such as Parkinson’s disease and spinal cord injury with the help of extracting sufficient cerebrospinal fluids needed to perform conventional assays, and this is expected to drive growth of the lab-on-a-chip market over the forecast period.
Key Takeaways of the Global Lab-on-a-chip Market:
- The global lab-on-a-chip market is expected to exhibit a CAGR of 10.5% over the forecast period (20190-2027), attributed to rising technological advancements in lab-on-a-chip by market players
- Among application, diagnostics and drug discovery segment is expected to account for a significant market share by 2027, in terms of revenue
- Key players operating in the global lab-on-a-chip market include Becton, Dickinson and Company, Agilent Technologies Inc., Danaher Corporation, Bio-Rad laboratories, Abbott Laboratories, Hoffman-La Roche Ag, PerkinElmer, Inc., IDEX Corporation, Thermo Fisher Scientific, Inc., Cepheid Inc., and Biacore AB.
Get Flat USD 2000 OFF
Buy-Now this research report: https://www.coherentmarketinsights.com/promo/buynow/515
Reasons to Purchase this Report
• Current and future of global Lab-on-a-chip Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Crosslinking Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Dynamics
- Global Lab On A Chip Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Demand and Supply of Lab On A Chips
- Impact of Covid-19 on the Lab On A Chip Market
- Global Lab On A Chip Market, By Crosslinking Type, 2017-2028 (US$ Million)
- Introduction
- Chemical
- Physical
- Global Lab On A Chip Market, By Application, 2017 – 2028 (US$ Million)
- Introduction
- Wound Healing
- Drug Delivery
- Tissue Engineering
- 3D Printing
- Others
- Global Lab On A Chip Market, By Region, 2017 – 2028 (US$ Million)
- Introduction
- North America
- Latin America
- Competitive Landscape
- Company Profiles
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
Editor Details
-
Company:
- CDN Newswire
