UK Biochip Market Size & Outlook, 2024-2030
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UK biochip market highlights
- The UK biochip market generated a revenue of USD 876.6 million in 2024 and is expected to reach USD 2,052.1 million by 2030.
- The UK market is expected to grow at a CAGR of 14.6% from 2025 to 2030.
- In terms of segment, dna chips was the largest revenue generating type in 2024.
- 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 2024 | USD 876.6 million |
Market revenue in 2030 | USD 2,052.1 million |
Growth rate | 14.6% (CAGR from 2025 to 2030) |
Largest segment | Dna chips |
Fastest growing segment | Lab-on-chip |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | DNA Chips, Protein Chips, Lab-on-chip, Tissue Arrays, Cell Arrays |
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 |
Other key industry trends
- In terms of revenue, UK accounted for 6.6% of the global biochip market in 2024.
- 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 2,052.1 million by 2030.
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Biochip Market Scope
Biochip Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
Randox | View profile | 1001-5000 | Crumlin, Antrim, United Kingdom, Europe | http://www.randox.com |
PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
Standard BioTools Inc | View profile | 539 | 2 Tower Place, Suite 2000, South San Francisco, CA, United States, 94080 | https://www.standardbio.com |
Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
UK 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 44.74% in 2024. Horizon Databook has segmented the UK biochip market based on dna chips, protein chips, lab-on-chip, tissue arrays, cell arrays covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of sophisticated healthcare infrastructure, collaborations between key market players, and the launch of novel products are anticipated to contribute to market growth in the UK. Government support & initiatives are expected to further propel the country’s biochip market in the coming years.
Commercial partnerships between the government and key players and increasing companies academia collaborations are further supporting the country’s market. For instance, in September 2022, the National Human Genome Research Institute (NHGRI) awarded around USD 3.35 million over 5 years to introduce the Genome Research Experiences.
The initiative will develop partnerships between universities and allow undergraduate students to conduct genomic research. Moreover, rising research efforts to leverage biochip applications in drug discovery and diagnostics, coupled with various strategic initiatives undertaken by market participants are projected to drive the UK biochip market.
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Our clientele includes a mix of biochip market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK biochip market, including forecasts for subscribers. This country databook contains high-level insights into UK biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK biochips market size, by type, 2018-2030 (US$M)
UK Biochip Market Share, 2024 & 2030 (US$M)
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