Global Biochip Market Size & Outlook
The biochip industry worldwide is expected to reach a projected revenue of US$ 25,927.0 million by 2030. A compound annual growth rate of 12.7% is expected of the worldwide biochip industry from 2024 to 2030.
Revenue, 2023 (US$M)
$11,254.4
Forecast, 2030 (US$M)
$25,927.0
CAGR, 2024 - 2030
12.7%
Report Coverage
Worldwide
Global biochip market, 2018-2030 (US$M)
Related Markets
Global biochip market highlights
- The global biochip market generated a revenue of USD 11,254.4 million in 2023 and is expected to reach USD 25,927.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.7% by 2030.
- In terms of segment, dna chips accounted for a revenue of USD 4,405.2 million in 2023.
- Lab-on-chip is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 11,254.4 million |
| Market revenue in 2030 | USD 25,927.0 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Dna chips |
| Fastest growing segment | Lab-on-chip |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tissue Arrays, Cell Arrays, DNA Chips, Lab-on-chip, Protein Chips |
Other key industry trends
- In terms of revenue, the North America accounted for 48.2% of the global biochip market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 69.6 million by 2030.
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Biochip Market Scope
Biochip market segmentation & scope
Tissue Arrays
Cell Arrays
Cancer diagnosis and treatment
Gene expression
SNP genotyping
Genomics
Drug discovery
Agricultural biotechnology
Others
Genomics
IVD & POC
Proteomics
Drug discovery
Others
Proteomics
Expression profiling
Diagnostics
HTS
Drug discovery
Others
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostics Centers
Academic & Research Institutes
Others
Biochip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 39.14% in 2023. Horizon Databook has segmented the Global biochip market based on tissue arrays, cell arrays, dna chips, lab-on-chip, protein chips covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biochip Type Outlook (Revenue, USD Million, 2018-2030)
- Tissue Arrays
- Cell Arrays
- DNA Chips
- Cancer diagnosis and treatment
- Gene expression
- SNP genotyping
- Genomics
- Drug discovery
- Agricultural biotechnology
- Others
- Lab-on-chip
- Genomics
- IVD & POC
- Proteomics
- Drug discovery
- Others
- Protein Chips
- Proteomics
- Expression profiling
- Diagnostics
- HTS
- Drug discovery
- Others
- Global Biochip End Use Outlook (Revenue, USD Million, 2018-2030)
- Biotechnology and Pharmaceutical Companies
- Hospitals and Diagnostics Centers
- Academic & Research Institutes
- Others
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Target buyers of Global biochip market databook
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Our clientele includes a mix of biochip market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 global-level data and insights on the Global biochip market, including forecasts for subscribers. This global databook contains high-level insights into Global biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global biochips market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Biochips market size, 2023 (USD Million)
Top 10 countries: Biochips market size, 2023 (USD Million)
Global biochip market, by region, 2023 (US$M)
Related regional statistics
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