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Global Biochips Based In-vitro Diagnostics Market to Grow at a CAGR of 15.5% During the Period 2024-2032, Driven by Increasing Research in the Field

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Biochips Based In-vitro Diagnostics Market

Global Biochips Based In-Vitro Diagnostics Market Analysis: By Application: DNA Applications, Lab-on-chip Applications, Protein Micro-array Applications, Others; By End Use: Hospitals and Clinics, Research Institutions, Diagnostic Centres, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

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
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 (2018-2023) 
    8.3    Global Biochips Based In-vitro Diagnostics Market Forecast (2024-2032)
    8.4    Global Biochips Based In-vitro Diagnostics Market by Application
        8.4.1    DNA Applications
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Lab-on-chip Applications
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Protein Micro-array Applications
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        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    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Research Institutions
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Diagnostic Centres
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Biochips Based In-vitro Diagnostics Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Biochips Based In-vitro Diagnostics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Biochips Based In-vitro Diagnostics Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Biochips Based In-vitro Diagnostics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Biochips Based In-vitro Diagnostics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Biochips Based In-vitro Diagnostics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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 2032
2.    Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Biochips Based In-vitro Diagnostics Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Biochips Based In-vitro Diagnostics Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Biochips Based In-vitro Diagnostics Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Biochips Based In-vitro Diagnostics Market Structure

Key Questions Answered in the Report

What is the growth rate of the global biochips based in-vitro diagnostics market?

The global biochips based In-vitro diagnostics market is projected to grow at a CAGR of 15.5% between 2024 and 2032.

What are the major industry drivers?

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.

What are the key industry trends of the global biochips based in-vitro diagnostics market?

Advancements in biochip technology and growing number of applications of biochips are the key industry trends propelling the market's growth.

What are the major regional markets of biochips based in-vitro diagnostics, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the significant applications of the market?

The significant applications of the market include DNA applications, lab-on-chip applications, and protein micro-array applications, among others.

What is the end-use of the market?

The end-uses of the market are hospitals and clinics, research institutions, and diagnostic centres, among others.

Who are the key industry players, according to the report?

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 2024-2032.

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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