Biological Chip Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 7.4 Billion by 2030, growing at a CAGR of 14.5% from 2024 to 2030.
The biological chip market has experienced remarkable growth from 2018 to 2022, driven by technological advancements, increased healthcare demands, and the rapid adoption of lab-on-a-chip (LOC) technologies. The market’s trajectory has been shaped by breakthroughs in microfluidics, biosensors, and integrated systems, which have enabled more accurate diagnostics and personalized treatments. As of 2022, the biological chip market was valued at over USD 8 billion, with projections suggesting continued growth in the coming years. This period also witnessed key players in the field such as Abbott, Illumina, and Thermo Fisher pushing the boundaries of biological chip applications, from disease detection to drug development.
With the increasing prevalence of chronic diseases, a shift towards preventive healthcare, and the growing demand for point-of-care diagnostics, the biological chip market has seen substantial demand. The integration of artificial intelligence and machine learning with biological chips is also contributing to more precise diagnostic capabilities, offering tremendous potential for accelerating research and clinical applications. By 2023, the market is expected to evolve further with newer chips capable of detecting a wider range of biomarkers and delivering faster results. The next decade, spanning 2023 to 2033, is set to witness a surge in biological chip usage across diverse sectors such as genomics, proteomics, and environmental monitoring. As healthcare infrastructure improves globally and regulatory standards tighten, demand is anticipated to skyrocket.
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Abbott
Agilent Technologies
Illumina
PerkinElmer
Thermo Fisher Scientific
BioChain
Bio-Rad Laboratories
Cepheid
EMD Millipore
Fluidigm
SuperBioChips Laboratories
US Biomax
Roche Diagnostics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biological Chip Market
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostics Centers
Academic & Research Institutes
Other
Based on Types the Market is categorized into Below types that held the largest Biological Chip market share In 2023.
DNA Chip
Lab-on-a-Chip
Protein Chip
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Biological Chip Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biological Chip Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biological Chip Market, By Type
6. Global Biological Chip Market, By Application
7. Global Biological Chip Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biological Chip Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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