ReportsnReports.com: Biochips Market (DNA Microarrays, Lab-on-Chip, Protein Microarrays, Tissue & Cell Arrays) Trends & Global Forecast (2010-2015)
25-Aug-2011 | News-Press Release
A biochip is defined as a collection of miniaturized test sites (microarrays) arranged on a solid platform that allows multiple tests to be performed at the same time with increased efficiency and higher speed. The global biochip market is studied by the types and key applications. It was valued at $2.6 billion in 2010 and is expected to reach $5.6 billion by 2015; growing at a CAGR of 16.7%. This growth is attributed to increasing applications in cancer diagnostics and expression profiling, the boom in personalized medicine, and government funding.
DNA microarrays represent the largest segment of this market and will continue to be the largest contributor during the study period (2010-2015). However, this segment will be closely followed by lab-on-chip (LOC) in the coming years due to its wide applications and increased adoption by various biotechnology, pharmaceutical companies, and research laboratories. The third largest segment – protein microarrays will be the fastest growing segment; forecasted to grow at a CAGR of 19.9% during the study period due to advances in the fields of genomics and proteomics and improvements in the field of recombinant proteins.
Reverse phase protein microarrays designed for targeted therapies in cancer holds promise in the global biochips market in the next 5-10 years. These microarrays provide increased accuracy and enhanced efficacy for the detection of rare molecules as compared to existing microarray surfaces for cancer research & diagnosis to help understand the proteins in tumor cells. Thus, they have helped open the avenues for personalized methods for cancer therapy.
The market of Asia will account for a bulk of the future biochip market growth due to its high growth potential and huge demand from emerging economies such as India and China – the large pool of heterogeneous patient population, and increasing R&D investment in these countries. The top players in the biochip market such as Affymetrix, Inc., Illumina, Inc., and Fluidigm Corporation have relocated their manufacturing base to Singapore to take advantage of the benefits the country offers; coupled with rising demand from neighboring countries of Asia. The players also benefit from a well-established semiconductor manufacturing base including chip technologies. Singapore has made focused efforts to attract life sciences corporates with dedicated investments accounting for 3% of the country’s GDP. It came up with its R&D center – Singapore’s Biopolis R&D center in 2003-2004 and is home to the Genome Institute of Singapore.
Scope of the report
This research report categorizes the global biochips market on the basis of applications, types, and geography; forecasting revenues and analyzing trends in each of the following submarkets:
On the basis of applications:
DNA applications: Gene expression, SNP genotyping, cancer diagnosis & treatment, genomics, agricultural biotechnology, drug discovery, and others.
Lab on chip applications: Drug discovery, genomics, diagnostics, proteomics, IVD & POC, high throughput screening, and others.
Protein microarray applications: Expression profiling, proteomics, high throughput screening, diagnostics, drug discovery, and others.
Other array applications: Expression profiling, cancer diagnostics, toxicogenomics, genomics, drug discovery, and others.
On the basis of types:
DNA microarrays, lab on chip, protein microarrays, other arrays (cell arrays and tissue arrays)
On the basis of geography:
North America, Europe, Asia, and Rest of the World.
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. It will also provide market tables for covering the sub-segments. In addition, the report will throw light on more than 20 company profiles covering all the sub-segments.
You can read table of contents for Biochips Market (DNA Microarrays, Lab-on-Chip, Protein Microarrays, Tissue & Cell Arrays) Trends & Global Forecast (2010-2015)
ReportsnReports is an online library of over 100,000+ market research reports and in-depth market research studies & analysis of over 5000 micro markets. We provide 24/7 online and offline support to our customers. Get in touch with us for your needs of market research reports.
Follow us on Twitter: http://twitter.com/marketsreports
Our Facebook Page: http://www.facebook.com/pages/ReportsnReports/191441427571689
7557 Rambler road,
This release was submitted by a PRSafe user.
Any communication related to the content of this release should be sent to the release submitter.
- Biochips MarketBiotechnology Market Research ReportsMarket ResearchIndustry AnalysisMarket ShareMarket Sizemarketing research
- ReportsnReports.com: Global Luxury Retailing: Market Size, Brand Strategies and Competitor Performance
- ReportsnReports.com: SiC Market
- ReportsnReports.com: Emerging Markets for Microfluidic Applications (EMMA 2011)
- ReportsnReports.com: WLCSP Market & Industrial Trends
- ReportsnReports.com: Outlet Center Retailing in Europe: Major Players, Strategies and New Opportunities
- ReportsnReports.com: Crop Protection Chemicals Market by Type (Herbicides, Fungicides, Insecticides, Bio-pesticides and Adjuvants)
- ReportsnReports.com: Global Enterprise VoWLAN Single-mode and DECT Phone Market
- ReportsnReports.com: Global Home Automation and Control Systems Market by Products and Technologies (2011-2016)
- ReportsnReports.com: Global Clinical Trials Market (2007 - 2010)
- ReportsnReports.com: Global Smartphone Security Market by Operating Systems, Ownership & Features (2011 – 2016)