Biochips - Products, Applications, Technologies and End-Use Markets Growth Analysis, 2009-2015

03 Feb 2011 • by Natalie Aster

The evolution of biochips has opened new vistas in the biological systems. In addition, all other sciences are integrated which cumulatively contribute for a big future for biochip industry. The broad ‘life science’ division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. Accelerating growth rate exhibited by the biochips industry, even during the recession years, confirms the positive growth prospects going ahead. This industry is expected to bring rapid and significant changes in the life sciences and medicine. Microarray technology has a great potential and is widely used in DNA and protein analysis.

The report ‘Biochips - Products, Applications, Technologies And End-Use Markets Growth Analysis, 2009-2015’ by Axis Research Mind reviews the latest biochips market trends with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for life science sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations.

Report Details:

Biochips - Products, Applications, Technologies And End-Use Markets Growth Analysis, 2009-2015
Published: February 2011
Pages: 599
Price: US$ 6,510.00

Global market watch

Global biochips market is forecasted to reach US$9.1 billion by 2015 with a CAGR of 20.9% during 2009-2015; the massive CAGR is primarily supported by Asia-Pacific followed by the European Union. Among the major industry segments, biochips instruments are expected to exert the highest support to the industry with a CAGR of 22.6% globally. Microarrays segment accounts for nearly 60% of the industry value while instruments, reagents and consumables together indicate approximately 25% of the market value. North America is expected to maintain the highest market share for the biochips industry by 2015; Asian economies are expected to post a large CAGR of 23 percent during 2009-2015. Higher growth rate favors improved industry investments in Asia-Pacific region in comparison with North America and Europe, going ahead.

Global Biochips Market Share for 2010 - % Breakdown for End-Use Segment

More information can be found in the report “Biochips - Products, Applications, Technologies And End-Use Markets Growth Analysis, 2009-2015” by Axis Research Mind.

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