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Global lab-on-a-chip market, by Application, Product Type, Technology, End User, Region and Geography - Trends and Forec

Lab-on-a-chip (LoC) integrates different forms of analyses such as chemical synthesis, biochemical operations, and DNA sequencing onto a single chip.

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Global lab-on-a-chip market, by Application, Product Type, Technology, End User, Region and Geography - Trends and Forec

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  1. Global lab-on-a-chip market, by Application, Product Type, Technology, End User, Region and Geography - Trends and Forecast to 2025 Lab-on-a-chip Market – Miniaturized Testing, Maximized Results 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. 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

  2. assays, favoring the lab-on-a-chip device over traditional tests in research laboratories and pharmaceutical industry for drug discovery. Request Sample Copy Of Research Report: https://www.coherentmarketinsights.com/ insight/request-sample/515 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. Furthermore, Swine Flu, Zika Virus and Ebola virus related diseases, demand for the LoC technology as the LoC can provide diagnosis in real time. Request for Customization Of Research Report: https://www.coherentmarketinsights.com/insight/request-customization/515 Detailed Segmentation: •Global Lab-on-a-chip Market, By Product Type: •Reagents and Consumables •Software •Instruments • Global Lab-on-a-chip Market, By Application: •Genomics •Proteomics •Diagnostics •Drug Discovery • Global Lab-on-a-chip Market, By Technology:

  3. •Microarrays •Microfluidics 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. 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: 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 recommendatiions related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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