A Lab on a Chip market (LOC) is a device which integrate fluidics, electronics, optics and biosensors on to a chip. LoC is a device which basically scale down the single or multiple laboratory functions into chip-format. It acts as a mini laboratory and allows to perform several diagnosis experiments. One of the key features of an LOC’s is, it takes short response time and low fluid volume consumption in diagnosis. Global LOC’s market is expected to witness a significant growth rate during forecasted period (2018-2023). Increasing demand of point of care testing devices across the globe is motivating the growth of this market.
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Geographically LOC’s market is divided into North America, Europe, Asia Pacific and Rest of the World. North America region represents considerably a largest market for LOC’s in terms of its uses and revenue generation. Increase in rate of diagnosis test for various viral and pathogenic disease in developed nations are the major factor for growth of LOC market. Developing nations that are experiencing impressive growth in their economy over the past few years such as India, China, Brazil, Mexico and South Africa have a great potential for LOC’s market. As it helps in providing better health care facilities at low cost in developing regions. Europe is expected to have a lucrative growth in this market.
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The market study of global Lab-On-a-Chip market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The OMR team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors.
Global Lab-On-a-Chip Market – Company Profiles
- Abaxis, Inc.
- Drop Diagnostics.
- Abbott Laboratories
- Adhesives Research
- Advion, Inc.
- Apollo Medical Devices, Llc
- Artemis Health
- Axis-Shield
- Axxicon
- Biofluidix Gmbh
- Bioforce Nanosciences
- Biovitesse, Inc.
Global Lab-On-A-Chip Market- Segmentation
By Type
- Reagents & Consumable
- Instruments
By Application
- Genomics
- Proteomics
- Diagnostics
- Drug Discovery
Global Lab-On-a-Chip Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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