DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lab-on-a-Chip Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report to their offering.
The market was valued at USD 4.16 Bn in 2015, and is expected to reach USD 9.06 Bn by 2025, expanding at a CAGR of 8.9% from 2017 to 2025.
In the year 2016, North America emerged as the largest regional market for lab-on-a-chip market. The highest market share of the region is attributed to existence of evolved healthcare and biotechnology research infrastructure, availability of microarray chips in an affordable cost in the region encouraging the diagnostic applications. Favorable private and public funding in research and development in the U.S. makes it highest grossing country in North America.
Asia Pacific is anticipated to be the fastest growing lab-on-a-chip market during the forecast period. Rapid entry of market leaders in the region, unmet medical needs, rising incidences of various infectious disease would further craft as a growth factor for the growth of Asia-Pacific lab-on-a-chip market. The competitors in the Asia Pacific market are budding and are continually working on introducing new clinical uses to augment value of lab-on-a-chip technology.
Key Market Movements:
- Asia-Pacific is anticipated to exhibit the fastest growing region due to rising impulse from the growing population and introduction of latest technological advancements
- Growing application of lab chips in the biotechnology and life science testing would augment the market growth
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Lab-On-A-Chip Market Analysis
Chapter 4 Global Lab-On-A-Chip Market Analysis, by Product
Chapter 5 Global Lab-On-A-Chip Market Analysis, by Application
Chapter 6 Global Lab-On-A-Chip Market, by Geography
Chapter 7 Company Profiles
- Agilent Technologies, Inc
- Danaher Corporation
- Becton, Dickinson and Company
- Bio-Rad Laboratories
- Abbott Laboratories
- F. Hoffmann-La Roche Ag
- Perkinelmer, Inc
- Idex Corporation
- Thermo Fisher Scientific, Inc
- Raindance Technologies, Inc
- Fluidigm Corporation
For more information about this report visit https://www.researchandmarkets.com/research/z3k3jq/global