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.
Market Analysis and Insights: Global Lab on Chips Market
Due to the COVID-19 pandemic, the global Lab on Chips market size is estimated to be worth US$ 5965.1 million in 2021 and is forecast to a readjusted size of US$ 5965.1 million by 2028 with a CAGR of 10.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Lab on Chips global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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%.
Global Lab on Chips Scope and Market Size
The global Lab on Chips market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Lab on Chips market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Reagents & Consumables
Software & Services
Instruments
Segment by Application
Genomics and Proteomics
Diagnostics
Drug Discovery
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Danaher
Thermo Fisher Scientific
Roche
Abbott Laboratories
Bio-Rad Laboratories
Becton, Dickinson
PerkinElmer
Agilent Technologies
IDEX Corporation
Fluidigm Corporation
Market Analysis and Insights: Global Lab on Chips Market
Due to the COVID-19 pandemic, the global Lab on Chips market size is estimated to be worth US$ 5965.1 million in 2021 and is forecast to a readjusted size of US$ 5965.1 million by 2028 with a CAGR of 10.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Lab on Chips global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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%.
Global Lab on Chips Scope and Market Size
The global Lab on Chips market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Lab on Chips market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Reagents & Consumables
Software & Services
Instruments
Segment by Application
Genomics and Proteomics
Diagnostics
Drug Discovery
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Danaher
Thermo Fisher Scientific
Roche
Abbott Laboratories
Bio-Rad Laboratories
Becton, Dickinson
PerkinElmer
Agilent Technologies
IDEX Corporation
Fluidigm Corporation
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.