The report highlights the current impact of COVID-19 on the lab-on-a-chip market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for lab-on-a-chip market according to the impact of COVID-19.
The global lab-on-a-chip (LOC) market size is expected to reach USD 12.85 Billion at a steady CAGR of 10.6% in 2028, according to latest analysis by Emergen Research. Lab-on-a-chip market revenue growth is being steadily driven by increase in demand for point of care testing, rising prevalence of chronic diseases, and growing application of genomics and proteomics in cancer research. Proteomics is widely adopted for drug discoveries and biomarker. Rise in demand for personalized medicines is further driving Lab-on-a-chip market revenue growth, and the trend is expected to continue going ahead.
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Some major companies in the market report include Becton, Dickinson and Company, PerkinElmer, Inc., Bio-Rad Laboratories, Agilent Technologies, Inc., Thermo Fisher Scientific, Siemens Healthcare, Abaxis Inc., Roche Diagnostics, Abbott Laboratories, and Danaher Corporation.
Additional parameters of the global Lab-on-a-chip (LOC) Market report:
The latest research study endows the reader with a comprehensive analysis of the product types of the global Lab-on-a-chip (LOC) Market , categorizing the relevant information into the Lab-on-a-chip (LOC) Market share, production growth rate, and profit valuation of each product type. The study focuses on the wide-ranging application landscape of the market, segmenting it into the Lab-on-a-chip (LOC) Market share, estimated growth rate, and the forecast product demand for each application type.
Additional Insights:
- The market concentration rate and processing rate of raw materials have also been conscripted in the report.
- The report contains an assessment of the current price trends, as well as the factors influencing the global market size.
- It throws light on the significant marketing strategies implemented by the eminent players in the industry.
- Vital data and information concerning the producers, distributors, and downstream buyers involved in the global market, as well as the cost structure analysis and market mechanism, form the important elements of this report.
- factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
- Furthermore, the report underpins the strategic developments occurring in the global Lab-on-a-chip (LOC) Market , such as expansions, mergers acquisitions, agreements, as well as new product launches.
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Overview of the TOC of the Report:
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the market by type, application, and manufacturers
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
Emergen Research has segmented the global lab-on-a-chip (LOC) market on the basis of product type, technology, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Software
Reagents Consumables
Instruments
Technology Outlook (Revenue, USD Billion; 2018–2028)
Microarrays
Microfluidics
Application Outlook (Revenue, USD Billion; 2018–2028)
Proteomics
Genomics
Drug Discovery
Diagnostics
End-use Outlook (Revenue, USD Billion; 2018–2028)
Diagnostic Labs
Hospitals
Biotechnology Pharmaceutical Companies
Academic Research Institutes
Key Geographies Profiled in the Report:
- North America(the U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(the U.K., France, Germany, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East Africa(GCC Countries and Rest of Middle East Africa)
Research objectives:
- The global Lab-on-a-chip (LOC) Market report studies the worldwide market consumption rate in terms of value and volume.
- It identifies the various sub-segments of the market structure.
- It proffers information regarding the leading global manufacturers in this industry, describing their market value share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the
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