Global Lab on Chips Market Growth (Status and Outlook) 2023-2029

Global Lab on Chips Market Growth (Status and Outlook) 2023-2029

This report studies the Lab on Chips (LOC) market. A Lab on Chip (LOC) is a device that integrates one or several laboratory functions on a single integrated circuit (commonly called a "chip") of only millimeters to a few square centimeters to achieve automation and high-throughput screening. LOCs can handle extremely small fluid volumes down to less than pico-liters. Lab-on-a-chip devices are a subset of microelectromechanical systems (MEMS) devices and sometimes called "micro total analysis systems" (µTAS). LOCs may use microfluidics, the physics, manipulation and study of minute amounts of fluids.
LPI (LP Information)' newest research report, the “Lab on Chips Industry Forecast” looks at past sales and reviews total world Lab on Chips sales in 2022, providing a comprehensive analysis by region and market sector of projected Lab on Chips sales for 2023 through 2029. With Lab on Chips sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lab on Chips industry.
This Insight Report provides a comprehensive analysis of the global Lab on Chips landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lab on Chips portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lab on Chips market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lab on Chips and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lab on Chips.
The global Lab on Chips market size is projected to grow from US$ 5835.4 million in 2022 to US$ 11950 million in 2029; it is expected to grow at a CAGR of 10.8% from 2023 to 2029.
North America has the largest global consumption and manufacturers in Lab on Chips market, while the Europe is the second consumption market for Lab on Chips in 2019.
Danaher is the largest player of Lab on Chips, Thermo Fisher Scientific and Roche ranked the second and third. Top 3 players hold a share over 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Lab on Chips market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Reagents & Consumables
Software & Services
Instruments
Segmentation by application
Genomics and Proteomics
Diagnostics
Drug Discovery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Danaher
Thermo Fisher Scientific
Roche
Abbott Laboratories
Bio-Rad Laboratories
Becton, Dickinson
PerkinElmer
Agilent Technologies
IDEX Corporation
Fluidigm Corporation

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