August 17, 2011
MarketsandMarkets: Global Biochip (DNA Microarrays, Lab-on-Chip, Protein Microarrays, Tissue & Cell Arrays) Market to Reach $5.6 Billion by 2015
DALLAS, Texas, August 17, 2011 /PRNewswire/ --
The "Biochips Market (DNA Microarrays, Lab-on-Chip, Protein Microarrays,
Tissue & Cell Arrays) Trends & Global Forecast (2010-2015)
" analyzes the biochip market by types and
applications and studies the major market drivers, restraints,
opportunities, and market trends for biochip market in North America,
Europe, Asia, and Rest of the World.
Microarrays, Lab-on-Chip, Protein Microarrays, Tissue & Cell Arrays) Trends
& Global Forecast (2010-2015)".
Early buyers will receive 10% customization
Biochips were developed and commercialized in the eighties. Since then,
market has offered tremendous growth and hence seen an influx of players
vying fiercely for a share of this market. The global biochips market
is studied by the types and key
applications. It was valued at $2.6 billion in 2010 and is expected to reach
$5.6 Billion by 2015; growing at a CAGR of 16.7%.Major players in this
market include Affymetrix, Inc. (U.S.), Illumnia, Inc. (U.S.), Agilent
Technologies, Inc. (U.S.), Roche NimbleGen (U.S.), Sequenom Inc, (U.S.),
Luminex Corporation (U.S.), Bio-Rad Laboratories (U.S.), Biacore Life
Sciences by GE Healthcare (Sweden), EMD Millipore (U.S.), Life Technologies
(U.S.), Perkin Elmer (U.S.), Caliper Life Sciences (U.S.), Fluidigm
Corporation (U.S.), Cepheid (U.S.), Epoch Biosciences (U.S.), US Biomax
(U.S.), Sigma Aldrich (U.S.), Biochain Institute, Inc. (U.S.), Origene
(U.S.), Super BioChips (South Korea ), and IsuAbxis Co Ltd (Seoul, Korea).
"New product launches" and "agreements and collaborations" are the two
main strategies adopted by the players to stay competitive in this market.
The major applications in the market driving its growth in future include
cancer diagnosis and treatment, expression profiling, and diagnostics since
early detection of disease and targeted treatment options are still the
unmet need of this market. There were 12.3 million new cases of cancer
worldwide in 2007 and about 7.6 million deaths. These figures are estimated
to rise up to 16 million new cancer diagnoses and about 10 million deaths by
2020 according to WHO & American Cancer Society.
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