Biochip Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR45316

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The biochip market has the potential to grow by $ 25.52 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 23%.

This biochip market analysis report entails exhaustive statistical qualitative and quantitative data on Technology (Microarrays and Microfluidics) and Geography (North America, Europe, APAC, MEA, and South America) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Biochip Market Size be in 2021?

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Biochip Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased popularity of personalized medicine is notably driving the biochip market growth, although factors such as lack of trained professionals may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the biochip market get your FREE report sample now.

This post-pandemic biochip market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Biochip Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Agilent Technologies Inc.
  • BioChain Institute Inc.
  • Bio-Rad Laboratories Inc.
  • Danaher Corp.
  • Dynamic Biosensors GmbH
  • Fluidigm Corp.
  • Illumina Inc.
  • PerkinElmer Inc.
  • RayBiotech Life
  • Thermo Fisher Scientific Inc.

The biochip market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full biochip market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the biochip market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Biochip Market?

Biochip Market Share by Geography

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The biochip market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 41% of the market’s growth will originate from North America during the forecast period. US, China, Russian Federation, UK, and France are the key markets for biochip market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is rising use of biochips in safety detection of agriculture products. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Biochip Market?

Biochip Market Share by Technology

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The biochip market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough biochip market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the biochip market size.

Biochip Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 23%

Market growth 2021-2025

$ 25.52 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 41%

Key consumer countries

US, China, Russian Federation, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agilent Technologies Inc., BioChain Institute Inc., Bio-Rad Laboratories Inc., Danaher Corp., Dynamic Biosensors GmbH, Fluidigm Corp., Illumina Inc., PerkinElmer Inc., RayBiotech Life, and Thermo Fisher Scientific Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Biochip Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biochip market growth during the next five years
  • Precise estimation of the biochip market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biochip market across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biochip market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Microarrays - Market size and forecast 2020-2025
    • Microfluidics - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Agilent Technologies Inc.
      • BioChain Institute Inc.
      • Bio-Rad Laboratories Inc.
      • Danaher Corp.
      • Dynamic Biosensors GmbH
      • Fluidigm Corp.
      • Illumina Inc.
      • PerkinElmer Inc.
      • RayBiotech Life
      • Thermo Fisher Scientific Inc.


      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      TechnavioREPORT WRITING


      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis


      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The biochip market growth will increase by $19711.27 million during 2019-2024.
      The biochip market is expected to grow at a CAGR of 21.80% during 2019-2024.
      Technavio has segmented the biochip market by technology (Microarrays and Microfluidics) and geographic (North America, Europe, APAC, MEA, and South America).
      Agilent Technologies Inc., BioChain Institute Inc., Bio-Rad Laboratories Inc., Fluidigm Corp., General Electric Co., Illumina Inc., PerkinElmer Inc., Prescient Medicine Holdings Inc., RayBiotech Life, Thermo Fisher Scientific Inc. are a few of the key vendors in the biochip market.
      North America will register the highest growth rate of 40.02% among the other regions. Therefore, the biochip market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • France
      • Russian Federation
      • Belgium
      The key factors driving the biochip market growth are:
      • Increased popularity of personalized medicine
      • Increasing POC diagnostics
      The biochip market vendors should focus on grabbing business opportunities from the microarrays segment as it accounted for the largest market share in the base year.
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