Biochips Market share research by applications and regions for 2017-2024

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Biochips Market Size is Projected to Witness
Significant Growth from 2017 to 2024. and
Forecast, 2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Biochips Market

• U.S. held largest revenue share in 2016, owing to
  high adoption rate of the advanced technology in
  the fields of proteomics and genomics.
• For instance, at the Argonne National Laboratory,
  U.S. Department of Energy, researchers succeeded
  in progress of biochip to diagnose modifications
  of cancer before patient show any similar
  symptoms of cancer.
• Germany will witness lucrative growth due to
  rising demand for advanced diagnosis, ongoing
  RD, and technological advancement. For instance,
  at Heinz Nixdorf Chair, in Germany, work on
  controlling tumor growth by using biochip
  technology is done. This can be implanted near
  tumor for release of drugs when the tumor grows
  and it will be controlled by electrical impulses,
  thereby, treating patients that cannot be
  operated for pancreatic cancerous tumors.

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Application of Biochips Market

• The microarray technology segment will witness
  substantial growth due to associated advantages
  offered such as, comparison of thousands of genes
  at once, powerful technology for sequenced
  genome, and gene expression studies.
• Additionally, there is no requirement of
  expensive and tedious process of positioning thus
  large batches production is possible.
• Diagnostic centers and hospitals segment is
  growing efficiently with increasing demand in
  genomic testing and gene expression for detection
  of genetic disorders. In addition, the adoption
  by other fields for application in environmental
  contamination, biodefense, and identification of
  food pathogen upsurge biochips market growth.

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Competitive Market Share of Biochips Market

• Some of the industry players are PerkinElmer,
  Illumina, Bio-Rad Laboratories, Agilent
  Technologies, Thermo Fisher Scientific, Abbott
  Laboratories, F. Hoffmann-La Roche, Becton
  Dickinson and Company, Origene Technologies, and
  Novus Biologicals.
• The company players concentrate on strategic
  partnership, and acquisitions for their
  development.
• For instance, in August 2015, Becton Dickinson
  acquired Cellular Research that is a startup and
  it develops tools for single cell genetic
  analysis created on technology of molecular
  indexing.

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