Biochip Products and Services Market Shows Growth Due to Drug Discovery and Personalized Medicine Health Articles | April 12 Rafinha Jersey , 2016
Biochips are miniaturized laboratories that can perform thousands of biochemical reactions, such as polymerase chain reactions (PCR). The U.S. biochip product market held majority share of the total biochip market in 2011, at over 70%.
According to the research study, in 2011, the U.S. biochip products and services market was worth US$2.4 bn and is anticipated to be US$4.7 bn by the end of 2018. Furthermore, this market is projected to register a progressive 10.10% CAGR from 2012 and 2018. In the overall biochip products and services market, in 2011 Philipp Lahm Jersey , the U.S. biochip products and services market accounted for the largest share of about 70%.
Browse Full Report: > Rapid growth in personalized medicine, life science research, and drug discovery, and increasing application of proteomics technologies and genomics in cancer research are some of the major factors that are expected to boost the demand for biochip products and services in the U.S. market. On the other hand, availability of alternate technology, including polymerase chain reaction and mass spectrometry, and low commercial acceptance of biochips because of their high cost are the restraining factors that are expected to curb the growth of the U.S. biochip products and services market in the next few years.
On the basis of type Niklas Sule Jersey , the biochip products and services market in the U.S. is segmented into reagents and other consumables, microarrays, and others. Among all these types, in 2011, the microarrays segment accounted for the largest share in the U.S. biochip products and services market owing to the technical advancements in this field and rise in the commercial application of biochips. In the microarrays segment, the largest share referring to biochip products and services is held by DNA chips, thanks to the increased adoption of gene expression in epidemiological research and drug delivery. Furthermore Niklas Dorsch Jersey , in the microarrays segment, protein chips and laboratory are anticipated to witness speedy growth in the U.S. market for biochip products and services. The fast growth of this segment is due to the broadening capabilities of protein chips and laboratory in diagnostic testing as well as drug delivery.
On the flip side, the reagents and other consumables segment is also expected to grow tremendously in the U.S. biochip products and services market. This segment is projected to register a 10.70% CAGR from 2012 to 2018, owing to the increasing demand for purification agents, sample preparations, and advanced labeling agents. The U.S. biochip products and services market has been segmented on the basis of application into defense, in vitro diagnostic testing Nicolas Feldhahn Jersey , forensic medicine, drug delivery, disease, and life science research.
The market research report on the U.S. biochip products and services market has further provided an in-depth analysis of the prominent players operating in the biochip products and services market in the U.S. The analysis includes company overview, financial overview, business strategies, product portfolio Milos Pantovic Jersey , and recent developments. Some of the key players mentioned in the report are Beckman Coulter, Inc., Roche, Agilent Technologies, Abbott Laboratories, GE Healthcare, Illumina Incorporated Mats Hummels Jersey , Life Technologies Corporation, and Affymetrix Inc.
Key segments of the XYZ market
The U.S. biochip products and services market has been segmented into:
Biochip products and services market in the U.S., by Type Microarrays Reagents and Other Consumables Others
Biochip products and services market in the U.S., by Application Drug Delivery In-Vitro Diagnostic (Ivd) Testing Science Research Disease Management Defense Forensic Medicine
Request For Report Brochure:
Article Tags: Biochip Products, Services Market, Drug Discovery, Personalized Medicine Marco Friedl Jersey , Largest Share, Microarrays Segment
As a business coach, I spend a lot of time working with people who want to improve different aspects of their business. Many times these aspects are merely symptoms of a more fundamental, underlying issue.
If you want your business to truly shine, then there are some basic principles that, if not present, can lead to sub standard performance in other areas. And here they are:
1. Crystal clear purpose
The most common reason companies run into trouble is losing sight of the customer and their needs. Having a crystal clear purpose helps keep the focus from becoming too internally fixated Manuel Wintzheimer Jersey , instead articulating why the business exists from the customer's perspective. A clear and inspiring purpose will also give your employees a reason to be connected with their hearts, not just their minds.
2. Discipline
Sometimes this is an unpopular topic, but it is critical. Discipline means having a sharp and constant focus on your objectives, whether they be growth, profits or customer objectives. Successful businesses build continual monitoring into their processes, constantly aware of the gap between where they are and where they should be.
3. Goals that compel action
Most people are motivated to work for a cause of some sort. The business must continually paint a picture of what the future may hold. And it needs to be more compelling than 'surviving' or 'selling lots more'. Goals that challenge without being unrealistic, and that inspire people to go above and beyond Manuel Neuer Jersey , will reinforce a culture of innovation, effort and excitement.