Global Biochip Market Size & Outlook, 2024-2030
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 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 2024. 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)
- DNA Chips
- Cancer diagnosis and treatment
- Gene expression
- SNP genotyping
- Genomics
- Drug discovery
- Agricultural biotechnology
- Others
- Protein Chips
- Proteomics
- Expression profiling
- Diagnostics
- HTS
- Drug discovery
- Others
- Lab-on-chip
- Genomics
- IVD & POC
- Proteomics
- Drug discovery
- Others
- Tissue Arrays
- Cell Arrays
- DNA Chips
- 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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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.
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Global biochips market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biochips market size, 2024 (US$M)
Global biochips market share, by type, 2024 & 2030 (%, US$M)
Biochip market: Opportunity assessment by country
Global biochip market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,945.7 | 3,377.2 | 2,906.3 | 3,822.2 | 4,573.7 | 5,389.8 | 6,351.2 | 7,280.7 | 8,244.7 | 9,232.6 | 10,232.7 | 11,234.0 | 12,226.1 | 10.9% |
| Europe | 1,608.9 | 1,859.5 | 1,613.3 | 2,139.1 | 2,581.1 | 3,067.2 | 3,644.8 | 4,214.1 | 4,813.4 | 5,437.1 | 6,079.1 | 6,733.7 | 7,394.8 | 11.9% |
| Asia Pacific | 1,010.1 | 1,177.5 | 1,031.0 | 1,378.8 | 1,679.0 | 2,013.8 | 2,414.9 | 2,818.0 | 3,249.4 | 3,705.3 | 4,183.2 | 4,678.5 | 5,188.2 | 13.0% |
| Latin America | 260.2 | 294.1 | 249.5 | 323.8 | 382.3 | 444.2 | 516.0 | 583.3 | 650.9 | 718.2 | 784.3 | 848.0 | 909.1 | 9.3% |
| MEA | 223.8 | 247.1 | 205.1 | 260.0 | 299.6 | 339.8 | 385.5 | 425.2 | 462.8 | 498.2 | 530.3 | 559.1 | 584.1 | 6.6% |
| Overall | 6,048.7 | 6,955.4 | 6,005.2 | 7,923.9 | 9,515.7 | 11,254.8 | 13,312.4 | 15,321.3 | 17,421.2 | 19,591.4 | 21,809.6 | 24,053.3 | 26,302.3 | 11.4% |
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