Sweden Biochip Market Size & Outlook, 2024-2030

The biochip market in Sweden is expected to reach a projected revenue of US$ 768.6 million by 2030. A compound annual growth rate of 13.3% is expected of Sweden biochip market from 2025 to 2030.
Revenue, 2024 (US$M)
$351.8
Forecast, 2030 (US$M)
$768.6
CAGR, 2025 - 2030
13.3%
Report Coverage
Sweden

Sweden biochip market highlights

  • The Sweden biochip market generated a revenue of USD 294.3 million in 2023 and is expected to reach USD 770.7 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
  • In terms of segment, dna chips was the largest revenue generating type in 2023.
  • 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 2023USD 294.3 million
Market revenue in 2030USD 770.7 million
Growth rate14.7% (CAGR from 2023 to 2030)
Largest segmentDna chips
Fastest growing segmentLab-on-chip
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTissue Arrays, Cell Arrays, DNA Chips, Lab-on-chip, Protein Chips
Key market players worldwideAgilent 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, Sweden accounted for 2.6% of the global biochip market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany biochip market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 2,058.2 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Biochip Market Companies

Name Profile # Employees HQ Website

Sweden 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 Sweden 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.


Cancer is one of the leading causes of mortality in Sweden. According to GLOBOCAN 2020, 24,464 cancer deaths occurred in the country and approximately 62,494 new cancer cases were diagnosed. To reduce the burden of cancer, the new EU Cancer Plan was introduced by the Swedish government.

This plan emphasized improvements in the treatment of cancer. This was expected to improve the demand for advanced cancer therapies and diagnostics. Thus, the rising demand for advanced therapies and diagnostics to manage the condition is projected to fuel the demand for biochips in the country. 

The country’s precision medicine industry has received significant investments over the recent past. For instance, in September 2021, Swedish national infrastructure Genomic Medicine Sweden (GMS) received USD 25.6 million in funding for the development of precision medicine therapeutics.

Reasons to subscribe to Sweden biochip market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Sweden biochip market databook

  • Our clientele includes a mix of biochip market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Sweden biochip market, including forecasts for subscribers. This country databook contains high-level insights into Sweden biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Sweden biochips market size, by end use, 2018-2030 (US$M)

Sweden Biochip Market Share, 2024 & 2030 (US$M)

Sweden biochips market size, by end use, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more