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.
Emergen Research has published a research report on global Lab-on-a-chip (LOC) Market to offer comprehensive analysis of current and emerging market trends along with key developments in the industry. The report offers in-depth information about market share, market size, market revenue growth, drivers, restraints, growth opportunities and challenges. The report also provides insights on different segments such as product types, applications, regional bifurcation along with top companies. The report is curated using primary and secondary research which is thoroughly evaluated by experts in the industry and is well-presented using various pictorial presentations such as tables, diagrams, charts and figures.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
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
Research Report on the Lab-on-a-chip (LOC) Market Addresses the Following Key Questions:
- Who are the dominant players of the Lab-on-a-chip (LOC) market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Lab-on-a-chip (LOC) market?
- What are the key growth drivers and restraining factors of the Lab-on-a-chip (LOC) market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Lab-on-a-chip (LOC) market and its key segments?
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/lab-on-a-chip-market
Emergen Research has segmented the global Lab-on-a-chip (LOC) market on the basis of type, type of care, and region
Segments Covered in this report are:
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
In conclusion, the Lab-on-a-chip (LOC) Market report is an exhaustive database that will help readers formulate lucrative strategies. The Lab-on-a-chip (LOC) Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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