Lab-on-a-chip Market Top Market Companies, Trends, Restraints, industry analysis By 2028
The global lab-on-a-chip market is gaining traction due to increased investment in research & development in pharmaceuticals, life sciences, and personalized medicine. Furthermore, several microfluidic device companies are entering into partnerships or collaborations to develop more innovative lab-on-a-chip applications, which is fueling growth of the market. Advancements in technology and research in miniaturization of LOC will further drive market growth in future.
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Lab-on-a-chip market revenue in Asia Pacific is expected to register fastest growth rate during the forecast period owing to surge in development of healthcare infrastructure, high prevalence of diseases such as renal diseases and cardiovascular diseases, and growth of the R&D facilities. In addition, rapidly increasing global geriatric population and rising demand for regenerative medicines are key factors driving growth of the market in the region.
Significant driving forces shaping the future of the Lab-on-a-chip (LOC) Market for the forecast period 2021 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
In proteomics, lab-on-a-chip offers the opportunity to perform protein analysis. Proteomics also show great potential for protein crystallization, which is an important field that reveals 3D structures of a protein. Application of lab-on-a-chip can help researchers simultaneously control all possible parameters in the fastest way, which enables crystallization of a protein.
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Top Leading Players in the market include:
Becton, Dickinson and Company, PerkinElmer, Inc., Bio-Rad Laboratories, Agilent Technologies, Inc., Thermo Fisher Scientific, Siemens Healthcare, Abaxis Inc., Roche Diagnostics, Abbott Laboratories, and Danaher Corporation.
Key Objectives of the Lab-on-a-chip (LOC) Market Report:
Analysis and forecast of the Global Lab-on-a-chip (LOC) Market by segmentation of the market
Analysis of various macro and micro-economic factors influencing the growth of the market
Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
Insights into drivers, restraints, opportunities, limitations, threats, and challenges
Analysis of the key players operating in the industry
Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans
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Market Overview:
The Lab-on-a-chip (LOC) Market Technology industry has rapidly grown in terms of revenue in the recent years and is expected to register robust revenue growth throughout the forecast period. Factors such as technological advancements in manufacturing techniques and rapid urbanization and industrialization are boosting market revenue growth. These factors along with latest trend for redevelopment and advanced flooring for aesthetic look and increasing adoption of automation across the globe are technological market growth. In addition, government schemes and increasing investments to develop enhanced products is expected to open favorable growth opportunities going ahead.
Emergen Research has segmented the global lab-on-a-chip (LOC) market on the basis of product type, technology, application, end-use, and region:
Lab-on-a-chip (LOC) Market Product Type Outlook (Revenue, USD Billion; 2018–2028)
Software
Reagents & Consumables
Instruments
Lab-on-a-chip (LOC) Market Technology Outlook (Revenue, USD Billion; 2018–2028)
Microarrays
Microfluidics
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Lab-on-a-chip (LOC) Market Application Outlook (Revenue, USD Billion; 2018–2028)
Proteomics
Genomics
Drug Discovery
Diagnostics
Lab-on-a-chip (LOC) Market End-use Outlook (Revenue, USD Billion; 2018–2028)
Diagnostic Labs
Hospitals
Biotechnology & Pharmaceutical Companies
Academic & Research Institutes
Lab-on-a-chip (LOC) Market Key Regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
Chapter 1 includes an introduction of the global Lab-on-a-chip (LOC) Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
