Market revenue in 2023 | USD 352.5 million |
Market revenue in 2030 | USD 764.7 million |
Growth rate | 11.7% (CAGR from 2023 to 2030) |
Largest segment | Dna chips |
Fastest growing segment | Lab-on-chip |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Tissue Arrays, Cell Arrays, DNA Chips, Lab-on-chip, Protein Chips |
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 |
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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 37.08% in 2024. Horizon Databook has segmented the Brazil 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.
The presence of a large number of research institutes and laboratories that conduct genomic and cell related research is expected to drive the country’s market during the forecast period. Moreover, the high disease burden and supportive government legislation for research activities are contributing to regional market growth.
Moreover, various strategic initiatives undertaken by market players to strengthen precision medicine capabilities in the region are expected to support market growth. For instance, in May 2023, BGI Genomics collaborated with its partners in Latin America to strengthen its precision medicine capabilities in the region.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil biochip market, including forecasts for subscribers. This country databook contains high-level insights into Brazil biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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