Europe Lab-on-a-Chip and Microarrays (Biochip) Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.13 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Lab-on-a-Chip and Microarrays (Biochip) Market Analysis
Europe Lab-on-a-Chip and Microarrays (Biochip) Market are expected to witness a high CAGR growth during the forecast period, owing to the rising burden of chronic diseases, increasing applications of proteomics and genomics, and increasing demand for point of care testing. According to the Cancer Atlas, in 2018, approximately 3.9 million new cases of cancer and almost 1.9 million deaths were registered in Europe. Protein microarrays are one of the advancing tools which hold a promising future in cancer proteomics research. Therefore, these factors are expected to fuel market growth in the forecast period.
Europe Lab-on-a-Chip and Microarrays (Biochip) Market Trends
This section covers the major market trends shaping the Europe Biochip Market according to our research experts:
Microarrays are Expected to Exhibit a Significant Growth During the Forecast Period.
Microarrays are expected to show significant growth in the market during the forecast period, owing to the growing burden of morbidity and mortality due to chronic diseases and novel technologies developing in the market.
According to the European Cardiovascular Disease Statistics, 2017, around 45% of all the death is caused due to cardiovascular diseases and almost 37% of deaths in the European Union are due to cardiovascular diseases. Microarrays are capable of profiling lncRNA and mRNA expression in atherosclerotic plaques.
Furthermore, in 2019, Quotient Limited received an approval (CE Mark) for Immunohematology (IH) Microarray for use with its MosaiQ diagnostic platform. Therefore, the aforementioned factors are expected to boost the demand for microarrays in the market over the forecast period.
Europe Lab-on-a-Chip and Microarrays (Biochip) Industry Overview
Some of the key players in the Europe Lab-on-a-Chip and Microarrays (Biochip) Market are Abbott Laboratories, Agilent Technologies, Bio-Rad Laboratories, GE Healthcare, ThermoFisher Scientific, F. Hoffmann-La Roche Ltd, BioMérieux and Illumina Inc.
Europe Lab-on-a-Chip and Microarrays (Biochip) Market Leaders
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ThermoFisher Scientific
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Agilent Technologies
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Bio-Rad Laboratories
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Abbott Laboratories
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Perkin Elmer Inc.
*Disclaimer: Major Players sorted in no particular order
Europe Lab-on-a-Chip and Microarrays (Biochip) Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Rising Burden of Chronic Diseases due to Lifestyle Changes
- 4.2.2 Increasing Demand for Point-of-Care-Testing
- 4.2.3 Increasing Applications of Proteomics and Genomics in Cancer Research
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4.3 Market Restraints
- 4.3.1 Design Constraints of Lab-on-chip Technology
- 4.3.2 Availability of Alternative Technologies
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Lab-on-a-Chip
- 5.1.2 Microarray
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5.2 By Products
- 5.2.1 Instruments
- 5.2.2 Reagents & Consumables
- 5.2.3 Software and Services
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5.3 By Application
- 5.3.1 Clinical Diagnostics
- 5.3.2 Drugs Discovery
- 5.3.3 Genomics and Proteomics
- 5.3.4 Others
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5.4 By End-User
- 5.4.1 Biotechnology & Pharmaceutical Companies
- 5.4.2 Hospitals & Diagnostics Centres
- 5.4.3 Academic & Research Institute
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5.5 By Country
- 5.5.1 Germany
- 5.5.2 United Kingdom
- 5.5.3 France
- 5.5.4 Italy
- 5.5.5 Spain
- 5.5.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Abbott Laboratories
- 6.1.2 Agilent Technologies
- 6.1.3 Bio-Rad Laboratories
- 6.1.4 Perkin Elmer Inc.
- 6.1.5 GE Healthcare
- 6.1.6 ThermoFisher Scientific
- 6.1.7 F. Hoffmann-La Roche Ltd
- 6.1.8 BioMerieux
- 6.1.9 Illumina Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Lab-on-a-Chip and Microarrays (Biochip) Industry Segmentation
As per the scope of the report, a biochip is a collection of miniaturized test sites (microarrays) arranged on a solid substrate that permits many tests to be performed at the same time, to achieve higher throughput and speed. Europe Lab-on-a-Chip and Microarrays (Biochip) Market are segmented By Type, By Product, By Application, By End User and Country.
| By Type | Lab-on-a-Chip |
| Microarray | |
| By Products | Instruments |
| Reagents & Consumables | |
| Software and Services | |
| By Application | Clinical Diagnostics |
| Drugs Discovery | |
| Genomics and Proteomics | |
| Others | |
| By End-User | Biotechnology & Pharmaceutical Companies |
| Hospitals & Diagnostics Centres | |
| Academic & Research Institute | |
| By Country | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Europe Lab-on-a-Chip and Microarrays (Biochip) Market Research FAQs
What is the current Europe Lab-on-a-chip and Microarrays (Biochip) Market size?
The Europe Lab-on-a-chip and Microarrays (Biochip) Market is projected to register a CAGR of 11.13% during the forecast period (2024-2029)
Who are the key players in Europe Lab-on-a-chip and Microarrays (Biochip) Market?
ThermoFisher Scientific, Agilent Technologies, Bio-Rad Laboratories, Abbott Laboratories and Perkin Elmer Inc. are the major companies operating in the Europe Lab-on-a-chip and Microarrays (Biochip) Market.
What years does this Europe Lab-on-a-chip and Microarrays (Biochip) Market cover?
The report covers the Europe Lab-on-a-chip and Microarrays (Biochip) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Lab-on-a-chip and Microarrays (Biochip) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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