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Lab-on-a-chip (LoC) integrates different forms of analyses such as chemical synthesis, biochemical operations, and DNA sequencing onto a single chip.<br>
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Global lab-on-a-chip Market Future Outlook Reveals Global lab-on-a-chip Market Future Outlook Reveals Growth by 2025 Appraised By Global Players Takara Bio Growth by 2025 Appraised By Global Players Takara Bio Inc., Nobel Biocare Services AG, Bio-Rad Laboratories Inc., Nobel Biocare Services AG, Bio-Rad Laboratories Inc. Inc. Lab-on-a-chip (LoC) integrates different forms of analyses such as chemical synthesis, biochemical operations, and DNA sequencing onto a single chip. Miniaturization and optimization of these biochemical operations have resulted in cost efficiency and improved diagnostic speed. Moreover, LoC is a device that is capable of scaling single or multiple laboratory functions down to chip-format, where the size of chip ranges from millimeters to a few square centimeters. LoC is mainly the integration of electronics, fluidics, optics, and biosensors. For In depth Information Get Sample Copy of this Report @ For In depth Information Get Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/515 https://www.coherentmarketinsights.com/insight/request-sample/515 Increasing application of LoC in the medical field to diagnose various infections and diseases such HIV infections, chronic disease and in the field of botany is gaining traction. This is expected to drive growth of the market. Demand for LoC devices is high, owing to its features such as easy portability, automated sample handling, and re-configurability. LoC devices are suitable for point-of-care diagnosis as they provide fast and on-time diagnosis results. This is another factor expected to support growth of the market. The microfluidic LoCs have great potential to revolutionize the biomedical field and has the potential to boost the growth of healthcare sector, as the microfluidic platforms enable the miniaturization, integration, and automation of biochemical assays, favoring the lab-on-a-chip device over traditional tests in research laboratories and pharmaceutical industry for drug discovery.
The global lab-on-a-chip market was valued at US$ 4.09 Bn US$ 4.09 Bn in 2016 2016 and is expected to witness a robust CAGR of 10.8% 10.8% during the forecast period (2017 – 2025). Report includes chapters which deeply display the following deliverable about industry : Report includes chapters which deeply display the following deliverable about industry : • Global lab-on-a-chip Market Research Objective and Assumption • Global lab-on-a-chip Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Global lab-on-a-chip Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Global lab-on-a-chip Market, By Regions • Global lab-on-a-chip Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Global lab-on-a-chip Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Global lab-on-a-chip Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Global lab-on-a-chip Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Market Dynamics Market Dynamics Increasing adoption of lab-on-a-chip technology in North America is expected to boost the lab- on-a-chip market. The trend of single combined test over the numerous of test for various application favors the lab-on-a-chip market. The innovation carried out by manufacturer’s and researchers acts as a dynamic factor of lab-on-chip market. For instance, in August 2017, researchers in the engineering and chemistry departments of Brigham Young University in Utah developed a 3D printed lab-on-a-chip device to achieve true microfluidic flow.
Increasing incidence of malaria also leads to increasing demand for lab-on-a-chip PCR diagnostic method. Whereas, for the most common and chronic disease, such as Tuberculosis, the World Health Organization (WHO) has endorsed the specific molecular diagnostic technique in year 2010 to result in improvement of fast diagnosis. Increasing number of diagnosis test are expected to drive the growth of Lab-on-A-Chip Market Increasing number of diagnosis test are expected to drive the growth of Lab-on-A-Chip Market North America accounts for the largest share in the global lab-On-A-Chip market, followed by Europe. This mainly is attributed to research and advancement in technology and wide acceptance of the lab-on-a-chip technology in the field of research and pharmaceutical company for drug discovery process and for diagnosis test. According to World Health Organization (WHO), in 2015, nearly half of the world's population were at risk of malaria and around 212 million malaria cases were reported, which in turn favors the growth of lab-on-a-chip market as malaria can be diagnosed by the lab-on-a-chip device. The lab-on-a-chip market is expected to show high growth rate in Asia Pacific region over the forecast period supported by increasing population prone to viral disease. According to Joint United Nations Programme on HIV/AIDS (UNAIDS) reports 2013, in Asia Pacific region more than 350,000 people were infected with HIV with nearly 5 million living with HIV/AIDS, which in turn is expected to propel the market growth in Asia Pacific region. Browse Complete Report For More Information @ Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/market-insight/lab-on-a-chip-market-515 https://www.coherentmarketinsights.com/market-insight/lab-on-a-chip-market-515 Global Players Global Players: Some of the major players operating in the Lab-On-Chip market includes Takara Bio Inc., Nobel Biocare Services AG, Bio-Rad Laboratories Inc., PerkinElmer Inc., and Cepheid Inc. About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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