DUBLIN, March 30, 2020 /PRNewswire/ -- The "Biochips - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The biochips market worldwide is projected to grow by US$27.6 Billion, driven by a compounded growth of 18.9%. DNA Chip, one of the segments analyzed and sized in this study, displays the potential to grow at over 18.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$14.1 Billion by the year 2025, DNA Chip will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 17.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.2 Billion to the region's size and clout in the next 5 to 6 years. Over US$1 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, DNA Chip will reach a market size of US$629.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 22.2% over the next couple of years and add approximately US$6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.
Competitors identified in this market include, among others,
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- Cepheid Inc.
- Fluidigm Corporation
- GE Healthcare
- Hoffman-La-Roche Ltd.
- Illumina, Inc.
- Ocimum Biosolutions Ltd.
- PerkinElmer, Inc.
- Takara Bio Inc.
- Takara Bio USA, Inc.
- Thermo Fisher Scientific Inc.
Key Topics Covered:
I. Introduction, Methodology & Report Scope
II. Executive Summary
III. Market Analysis
For more information about this report visit https://www.researchandmarkets.com/r/4ujsek
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