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Lab on-a-chip market

Lab-on-a-chip (LoC) integrates different forms of analyses such as chemical synthesis, biochemical operations, and DNA sequencing onto a single chip. Miniaturization and optimization of these biochemical operations has resulted in cost efficiency and improved diagnostic speed. Moreover, LoC is a device that is capable of scaling single or multiple laboratory functions down to chip-format, where the size of chip ranges from millimeters to a few square centimeters.

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Lab on-a-chip market

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  1. Lab-On-a-Chip Market Lab-On-a-Chip Market Size,Trends,Shares,Insights,Forecast-2025 Size,Trends,Shares,Insights,Forecast-2025 Lab-on-a-chip Market– Insights Lab-on-a-chip Market– Insights Lab-on-a-chip (LoC) integrates different forms of analyses such as chemical synthesis, biochemical operations, and DNA sequencing onto a single chip. Miniaturization and optimization of these biochemical operations has resulted in cost efficiency and improved diagnostic speed. Moreover, LoC is a device that is capable of scaling single or multiple laboratory functions down to chip- format, where the size of chip ranges from millimeters to a few square centimeters. LoC is mainly the integration of electronics, fluidics, optics, and biosensors. Increasing application of LoC in the medical field to diagnose various infections and diseases such HIV infections, chronic disease and in the field of botany is gaining traction. This is expected to drive growth of the market. Demand for LoC devices is high owing to its features such as easy portability, automated sample handling, and re-configurability. LoC devices are suitable for point- of-care diagnosis as they provide fast and on-time diagnosis results. This is another factor that is expected to support growth of the market. The microfluidic LoCs have great potential to revolutionize the biomedical field and has the potential to boost growth of the healthcare sector, as the microfluidic platforms enable the miniaturization, integration, and automation of biochemical assays, favoring the lab-on-a-chip device over traditional tests in research laboratories and pharmaceutical industry for drug discovery. The global lab-on-a-chip market size was valued at US$ 5,175.4 million to witness a CAGR CAGR of 10.5% over the forecast period (2019 – 2027). US$ 5,175.4 million in 2019, (2019 – 2027). 2019, and is expected Get PDF Brochure Of This Research Report @ Get PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/515 https://www.coherentmarketinsights.com/insight/request-pdf/515

  2. Increasing number of LoC application are expected to fuel the growth of the global lab-on-a-chip Increasing number of LoC application are expected to fuel the growth of the global lab-on-a-chip market in near future market in near future Immunoassay LoC for bacteria detection, real time PCR detection chips, DNA chip, gene chip, cellular analysis chip, and flow cytometer LoC (for HIV) are some of the applications of LoC technology in the biomedical field, as the LoC method results in less energy consumption with fast synthesis of the results, which paves the way for faster clinical translation, supporting the growth of lab-on-a-chip market. Recent advances in the field of computational simulations have made possible to synthesize the inorganic nanomaterials-based on Nanomedicine in a single construct using LoC technology, which is useful for theranostic applications. This new field of medicine combines specific targeted therapy based on specific targeted diagnostic tests. LoC devices are also used for the biomarker-based identification and early detection of oral cancer, which helps to improve survival rate, and in turn favors growth of the lab-on-a-chip market. According to World Health Organization (WHO) in 2017, there were nearly 657,000 new cases of cancer of the oral cavity and pharynx diagnosed each year and nearly 330,000 deaths globally. Global Lab-on-a-chip Market- Restraints Global Lab-on-a-chip Market- Restraints Few growth restraining factors are initial higher purchasing rate and lack of awareness regarding the use of lab-on-a-chip devices in middle-income countries which is limiting the growth of the lab-on-a-chip market.

  3. Global Lab-on-a-chip Market- Regional Insights Global Lab-on-a-chip Market- Regional Insights On the basis of region, the global lab-on-a-chip market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global lab-on-a-chip market owing to increasing prevalence of infectious diseases. For instance, according to Centers for Disease Control and Prevention in 2017, the number of tuberculosis and salmonella cases were 9,105 and 54,285 respectively in the U.S. Asia Pacific is the fastest growing region in the global lab-on-a-chip market owing to increasing population prone to viral disease. For instance according to Joint United Nations Programme on HIV/AIDS (UNAIDS) reports 2013, in Asia Pacific more than 350,000 people were infected with HIV with nearly 5 million living with HIV/AIDS, which in turn is expected to propel the market growth in Asia Pacific region. Research Methodology Research Methodology Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include: Primary Research (Trade Surveys and Experts Interviews) Primary Research (Trade Surveys and Experts Interviews) • Desk Research Desk Research • Proprietor Data Analytics Model Proprietor Data Analytics Model • In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings. Request Sample Copy of Research Report @ Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/515 https://www.coherentmarketinsights.com/insight/request-sample/515

  4. Global Lab-on-a-chip Market- Competitive Landscape Global Lab-on-a-chip Market- Competitive Landscape Key players operating in the global Lab-on-a-chip Market include Becton, Dickinson And Company, Agilent Technologies Inc., Danaher Corporation, Bio-Rad laboratories, Abbott Laboratories, Hoffman-La Roche Ag, PerkinElmer, Inc., IDEX Corporation, Thermo Fisher Scientific, Inc., Cepheid Inc. and Biacore AB. About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: Email: sales@coherentmarketinsights.com sales@coherentmarketinsights.com

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