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Global Biochips Based In-vitro Diagnostics Market: By Application: DNA Applications, Lab-on-chip Applications, Protein Micro-array Applications, Others; By End Use: Hospitals and Clinics, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Biochips Based In-vitro Diagnostics Market Outlook
The global biochips based in-vitro diagnostics market is expected to grow at a CAGR of 15.5% during the period 2023-2028. North America, Europe and Asia are expected to be key markets.
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Global Market Likely to be Driven by Advancements in Biochip Technology and Increasing Research in the Domain
Biochip, a collection of multiple tests on one chip, offers multiplexing capacity to the analysis, enhancing test efficiency. Prominent technologies comprising bio/tissue chips include biosensors, microarrays, and microfluidics-based systems; the most significant, however, is Lab on a Chip (LOC). This is where other technologies are merged with microfluidics, allowing parallelism, multiplexing and ability to manipulate fluidic properties to devise complete bioassay on a biosensor surface. Applications of bio/tissue chips encompass almost every form of in-vitro diagnostics (IVD), including DNA applications (gene expression, cancer diagnosis & treatment, genomics, SNP genotyping, drug discovery, agricultural biotechnology, etc.), lab on chip applications (diagnostics, drug discovery, proteomics, genomics, IVD & POC, high throughput screening, etc.), protein microarray applications (diagnostics, expression profiling, high throughput screening, proteomics, drug discovery, etc.), other array applications (cancer diagnostics, expression profiling, genomics, drug discovery, toxico-genomics, etc.). Such applications are expected to boost the global biochips based in-vitro diagnostics market. Several major players in the IVD industry are engaged in biochips manufacturing and research.
Increasing Research and Development Activity and Growing Number of Applications of Biochips Expected to Boost Market Growth
In terms of demand, the total investment in research and development domain is determined by the platforms that have real world practical applications. New biochip-based technologies have significant potential to challenge or replace some microplate-based methods. Increasing research in the domain and number of products are indicative of cumulative growth. Rising number of key players in the biochip industry and growing number of applications of bio/tissue chips indicate a promising market during the forecast period. Biochips such as uTAS devices for diagnosis and implantable devices such as trauma monitoring for efficient therapeutics are some real-world applications driving the in-vitro diagnostics domain. Such applications are expected to boost the global biochips based in-vitro diagnostics market. Researchers from the Universidad Carlos III de Madrid (UC3M), the Universidad Politécnica de Madrid (UPM) and other entities designed a novel biochip that simplified the process of manufacturing in-vitro skin in the laboratory and other complex multi-layer tissues. Human skin modelled with the help of this device could be employed in medicine and cosmetic testing, which would help decrease the cost of these preclinical trials.
Biochip applications range from human diagnostics to food analysis. For example, the PapilloCheck® test system spots various types of virus that cause cervical cancer (HPV). The ParoCheck® DNA chip recognizes a distinctive range of bacteria that cause gingivitis and periodontitis. CarnoCheck® DNA chip allows the detection of up to eight animal species in food items and animal feeds. The CytoInspecTM test system recognizes contamination with mycoplasmas in biological materials at the species level and was developed for quality assurance in the biopharmaceutical industry.
Market Segmentation
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By application, the market is segmented into:
- DNA Applications
- Lab-on-chip Applications
- Protein Micro-array Applications
- Others
By end use, the market is classified into:
- Hospitals and Clinics
- Research Institutions
- Diagnostic Centres
- Others
By region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Market
The report presents a detailed analysis of the following key players in the global biochips based in-vitro diagnostics market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Greiner Bio One International GmbH
- SCHOTT AG
- Randox Laboratories Ltd.
- PerkinElmer, Inc.
- HORIBA, Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Biochips Based In-vitro Diagnostics Market Analysis
8.1 Key Industry Highlights
8.2 Global Biochips Based In-vitro Diagnostics Historical Market (2018-2022)
8.3 Global Biochips Based In-vitro Diagnostics Market Forecast (2023-2028)
8.4 Global Biochips Based In-vitro Diagnostics Market by Application
8.4.1 DNA Applications
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Lab-on-chip Applications
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Protein Micro-array Applications
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Biochips Based In-vitro Diagnostics Market by End Use
8.5.1 Hospitals and Clinics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Research Institutions
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Diagnostic Centres
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Biochips Based In-vitro Diagnostics Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Biochips Based In-vitro Diagnostics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Biochips Based In-vitro Diagnostics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Biochips Based In-vitro Diagnostics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Biochips Based In-vitro Diagnostics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Biochips Based In-vitro Diagnostics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Greiner Bio One International GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 SCHOTT AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Randox Laboratories Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 PerkinElmer, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 HORIBA, Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Biochips Based In-vitro Diagnostics Market: Key Industry Highlights, 2018 and 2028
2. Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by Application (USD Million), 2018-2022
3. Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Application (USD Million), 2023-2028
4. Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Biochips Based In-vitro Diagnostics Market Structure
Key Questions Answered in the Report
The global biochips based In-vitro diagnostics market is projected to grow at a CAGR of 15.5% between 2023 and 2028.
The major drivers of the market include the increasing research and development activity, rising number of key players in the biochip industry, rise in geriatric population, increasing adoption of next-generation sequencing, and increasing demand for cancer diagnostics and treatment.
Advancements in biochip technology and growing number of applications of biochips are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of the market include DNA applications, lab-on-chip applications, and protein micro-array applications, among others.
The end-uses of the market are hospitals and clinics, research institutions, and diagnostic centres, among others.
The major players in the industry include Greiner Bio One International GmbH, SCHOTT AG, Randox Laboratories Ltd., PerkinElmer, Inc., and HORIBA, Ltd., among others.
Analyst Review
The global biochips based in-vitro diagnostics market has been driven by the growing number of applications of biochips in the historical period. Aided by the rising number of key players in the biochip industry and advancements in biochip technology, the market is expected to grow at a CAGR of 15.5% in the forecast period of 2023-2028.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The significant applications of the market are DNA applications, lab-on-chip applications, and protein micro-array applications, among others. The end-uses of the market are hospitals and clinics, research institutions, and diagnostic centres, among others. The major regional markets for biochips based in-vitro diagnostics are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Greiner Bio One International GmbH, SCHOTT AG, Randox Laboratories Ltd., PerkinElmer, Inc., and HORIBA, Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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