Biochip Products Market Classification and Reason for Growth in Business

Biochip products are made up of microarrays of biochemical molecules, which are arranged on silicon or glass plate. These products have applications in gene sequencing, clinical diagnosis, genomics, proteomics, and drug discovery. Based on a biological material attached to the surface of chip, these products are categorized as tissue biochips, DNA biochips, Protein biochips, carbohydrate biochips and lab-on-chips. The report investigates the market dynamics, which includes critical drivers for growth, restrains and opportunities for biochip market globally. Deep-dive analysis of leading organizations would be helpful to strategist and professionals to gauge the competitive intelligence. In-depth analysis of past, current and future trends would serve as a guide to the corporate sector.

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Furthermore, development of targeted and personalized medicines for treatment of cancer would also support the growth of biochip products. Manufacturing of biochip products require technical Know-how, whereas insufficient knowledge would restrict the growth of the market for these products. The other important factor that would restrict the growth of biochip products market is lack of healthcare coverage. Widening the applications of biochip products would develop new opportunities for this market. In emerging economies, governments have taken the initiative to increase healthcare awareness and this factor would help to fuel the growth of biochip products market.

Biochip Products and Services Market by Product Types

The biochip products and services market is segmented by product type into different categories, namely tissue biochips, DNA biochips, protein biochips, carbohydrate biochips and lab-on-chips. DNA biochips represent the leading sub-segment in product types, due to its wide applications in biotechnology and drug discovery. DNA biochips market is followed by lab-on-chips and protein biochips...