Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

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 2024-2032. North America, Europe and Asia are expected to be key markets.

biochips based in vitro diagnostics market

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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

biochips based in vitro diagnostics market by segments

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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

biochips based in vitro diagnostics market by region

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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 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Region
Breakup by Application
  • DNA Applications
  • Lab-on-chip Applications
  • Protein Micro-array Applications
  • Others
Breakup by End Use
  • Hospitals and Clinics
  • Research Institutions
  • Diagnostic Centres
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Greiner Bio One International GmbH
  • SCHOTT AG
  • Randox Laboratories Ltd.
  • PerkinElmer, Inc. 
  • HORIBA, Ltd. 
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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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 2024 and 2032.

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.

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