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Global Microarray Biochips Market 2017-2021

Global Microarray Biochips Market 2017-2021

About Microarray Biochips

Biochips are bio-microsystems. Bio-microsystems are small integrated devices used for biochemical reactions, biological monitoring, research, academic studies, drug discovery, and much more. A microarray biochip is a that biochip on which various microarrays are assembled on a substrate that permits successful performance of complex biochemical reactions at the same time. Microarray biochips are used in various applications such as drug discovery and development, diagnostics and treatments, research and consumables, forensic medicines, and others.

Technavio’s analysts forecast the global microarray biochips market to grow at a CAGR of 15.56% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global microarray biochips market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Microarray Biochips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Abbott
  • Agilent Technologies
  • Illumina
  • PerkinElmer
  • Thermo Fisher Scientific
Other prominent vendors
  • BioChain
  • Bio-Rad Laboratories
  • Cepheid
  • Fluidigm
  • Merck
  • SuperBioChips Laboratories
  • US Biomax
Market driver
  • Increase in market presence with collaboration strategy
  • For a full, detailed list, view our report
Market challenge
  • Lack of technical knowledge
  • For a full, detailed list, view our report
Market trend
  • Emerging LOC technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Microarray Biochips Market 2017-2021

Technavio recognizes the following companies as the key players in the global microarray biochips market: Abbott, Agilent Technologies, Illumina, PerkinElmer, and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: BioChain, Bio-Rad Laboratories, Cepheid, Fluidigm, Merck, SuperBioChips Laboratories, and US Biomax.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emerging LOC technology. The demand for LOCs is expected to increase rapidly during the forecast period. The LOC technology is mainly used in the field of diagnostics to perform various complex tests simultaneously. Along with this, LOCs formed by the combination of microfluids and microelectronics are used for medical diagnosis and chemical synthesis in academics and industries.”

According to the report, one driver in the market is increase in market presence with collaboration strategy. The competition in this market is intense as the number of players is high. The players are competing among themselves based on technology and price. Apart from these two factors, another factor that differentiates these competitors from each other is their presence in the market. Players increase their market presence by collaborating with those companies that own bio-content. Research says that companies generate around 60% better results when they work in collaborations. This increases their profit margins.

Further, the report states that one challenge in the market is lack of technical knowledge. Biotechnology, especially the drug discovery part of it, is something that is dependent heavily on the technology used. Technology is the factor that differentiates one player of the market from the other. In the current world, the demand for personalized medicines has increased. To fulfil this growing demand, companies need to discover, develop, and commercialize innovative personalized drugs. The first step in the development of a drug involves the use of the microarray biochip technology. This helps in creative processes, reduction in cost, and results in more accurate drug discovery.

Companies Mentioned

Abbott, Agilent Technologies, Illumina, PerkinElmer, and Thermo Fisher Scientific, BioChain, Bio-Rad Laboratories, Cepheid, Fluidigm, Merck, SuperBioChips Laboratories, and US Biomax.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market overview
      • Table Segmentation of microarrays based on types 2016 (%)
  • Market landscape
    • Market overview
      • Table Global microarray biochips market 2016
    • Global microarray biochips market
      • Table Global microbiochips market 2016 and 2021 ($ millions)
      • Table Forecast: Global microarray biochips market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global microarray biochips market by application
      • Table Global microarray biochips market by application 2016 (%)
      • Table Global microarray biochips market by application 2021 (%)
    • Global microarray biochips market in drug discovery and development
      • Table Global microarray biochips market in drug discovery and development 2016 and2021 ($ millions)
      • Table Forecast: Global microarray biochips market in drug discovery and development2016-2021
    • Global microarray biochips market in diagnostics and treatments
      • Table Global microarray biochips market in diagnostics and treatments 2016 and 2021 ($millions)
      • Table Forecast: Global microarray biochips market in diagnostics and treatments 2016-2021
    • Global microarray biochips market in research and consumables
      • Table Global microarray biochips market in research and consumables 2016 and 2021 ($millions)
      • Table Forecast: Global microarray biochips market in research and consumables 2016-2021
    • Global microarray biochips market in forensic medicines
      • Table Global microarray biochips market in forensic medicines 2016 and 2021 ($ millions)
      • Table Forecast: Global microarray biochips market in forensic medicines 2016-2021
    • Global microarray biochips market in other applications
      • Table Global microarray biochips market in other applications 2016 and 2021 ($ millions)
      • Table Forecast: Global microarray biochips market in other applications 2016-2021
  • Geographical segmentation
    • Global microarray biochips market by region
      • Table Global microarray biochips by region 2016 (%)
      • Table Global microarray biochips by region 2021 (%)
    • Microarray biochips market in North America
      • Table Microarray biochips market in North America 2016 and 2021 ($ millions)
      • Table Forecast: Microarray biochips market in North America 2016-2021
    • Microarray biochips market in Europe
      • Table Microarray biochips market in Europe 2016 and 2021 ($ millions)
      • Table Forecast: Microarray Biochips market in Europe 2016-2021
    • Microarray biochips market in APAC
      • Table Microarray biochips market in APAC 2016 and 2021 ($ millions)
      • Table Forecast: Microarray biochips market in APAC 2016-2021
    • Microarray biochips market in ROW
      • Table Microarray biochips market in ROW 2016 and 2021 ($ millions)
      • Table Forecast: Microarray biochips market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emerging LOC technology
    • Growth in bioinformatics software industry
    • Emergence of cost-effective technologies
    • Increasing use of chemical microarray technology
  • Vendor landscape
    • Competitive scenario
    • Key vendors in global microarray biochips market
      • Table Key vendors in global microarray biochips market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Abbott
      • Table Abbott: Business segmentation by revenue 2016
      • Table Abbott: Geographical segmentation by revenue 2016
    • Agilent Technologies
      • Table Agilent Technologies: Business segmentation by revenue 2016
      • Table Agilent Technologies: Product segmentation by revenue 2016
    • Illumina
      • Table Illumina: Business segmentation by revenue 2016
      • Table Illumina: Geographical segmentation by revenue 2016
    • PerkinElmer
      • Table PerkinElmer: Business segmentation by revenue 2016
      • Table PerkinElmer: Geographical segmentation by revenue 2016
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific: Business segmentation by revenue 2016
      • Table Thermo Fisher Scientific: Geographic segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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