LONDON, May 23, 2017 /PRNewswire/ -- According to
Stratistics MRC, the Global Lab-on-a-Chip
Market is accounted for $4.23
billion in 2016 and is expected to reach $7.95 billion by 2022 growing at a CAGR of 11.0%
during the forecast period.
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Some of the key drivers impacting the demand for the market include
the development of personalized medicines and increasing number of
applications in cancer research and biochips. Furthermore, easy
accessibility of lab on chip technology with a reasonable price
will fuel the market size globally. However, accessibility to
alternative technologies is one of the major factors hampering the
market growth.
By geography, North America
commanded the largest market share due to increasing number of
aging population. On the other hand, Asia
Pacific and European markets are anticipated to show highest
growth rate over the forecast period. Emerging countries such as
China and India are the fastest growing countries in lab
on chip market due to huge R&D investments and increasing
number of funds by government.
Some of the key players in Lab-on-a-Chip market include Fluidigm
Corporation, Bio-Rad Laboratories, RainDance Technologies, Inc.,
Agilent Technologies, Inc., F. Hoffmann-La Roche AG, Abbott
Laboratories, Thermo Fisher Scientific, PerkinElmer, Inc., Becton,
Dickinson and Company, IDEX Corporation and Danaher
Corporation.
Applications Covered:
- Drug discovery
- Genomics & Proteomics
- Diagnostics
- Others Applications
Products Covered:
- Reagents & Consumables
- Software & Services
- Instruments
End Users Covered:
- Academic & Research Institutes
- Hospitals
- Biotechnology & Pharmaceutical Companies
- Diagnostic Labs
- Other End Users
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level
segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned
segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats,
Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the
market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and
recent developments
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