Canada Biochip Market Size & Outlook, 2025-2030
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Canada biochip market highlights
- The Canada biochip market generated a revenue of USD 486.9 million in 2024 and is expected to reach USD 930.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.8% from 2025 to 2030.
- In terms of segment, dna chips was the largest revenue generating type in 2024.
- Lab-on-chip is the most lucrative type segment registering the fastest growth during the forecast period.
Biochip market data book summary
| Market revenue in 2024 | USD 486.9 million |
| Market revenue in 2030 | USD 930.6 million |
| Growth rate | 10.8% (CAGR from 2025 to 2030) |
| Largest segment | Dna chips |
| Fastest growing segment | Lab-on-chip |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DNA Chips, Protein Chips, Lab-on-chip, Tissue Arrays, Cell Arrays |
| Key market players worldwide | Agilent Technologies Inc, PerkinElmer, Illumina Inc, Bio-Rad Laboratories Inc, Standard BioTools Inc, GE HealthCare Technologies Inc Common Stock, Thermo Fisher Scientific Inc, Qiagen NV, Randox |
Other key industry trends
- In terms of revenue, Canada accounted for 3.7% of the global biochip market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biochip market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 10,919.7 million by 2030.
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Biochip Market Scope
Biochip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Randox | View profile | 1001-5000 | Crumlin, Antrim, United Kingdom, Europe | http://www.randox.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Standard BioTools Inc | View profile | 539 | 2 Tower Place, Suite 2000, South San Francisco, CA, United States, 94080 | https://www.standardbio.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
Canada biochip market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biochip market will help companies and investors design strategic landscapes.
Dna chips was the largest segment with a revenue share of 45.18% in 2024. Horizon Databook has segmented the Canada biochip market based on dna chips, protein chips, lab-on-chip, tissue arrays, cell arrays covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s strong healthcare system, ample natural resources, regulated food sectors, and diverse ecosystems have positioned the country as a leader in genomics technologies. The Canadian Institutes of Health Research has undertaken a Personalized Medicine Initiative to support the translation, validation, and discovery of targets, genomic signatures, & biomarkers, which can be used for disease & risk prevention.
Such initiatives are anticipated to drive the biochips market in the region. Moreover, an increase in R&D in biotechnology due to growing funding by government organizations has led to increased demand for genomics, thus boosting the market share.
In 2018, Genome Canada, a nonprofit organization funded by the Canadian government, announced its collaboration with various Canadian provinces and organizations to invest a total of USD 204.4 million in two initiatives related to the advancement of genomic technology and precision medicine.
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Our clientele includes a mix of biochip market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada biochip market, including forecasts for subscribers. This country databook contains high-level insights into Canada biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biochips market size, by type, 2018-2030 (US$M)
Canada Biochip Market Share, 2024 & 2030 (US$M)
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