Global Biochips Market Report 2022: Increasing Adoption of Personalized Medicine Drives Growth - ResearchAndMarkets.com
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Friday, September 16, 2022
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The global biochip market size is expected to reach USD 34.35 Billion in 2030 and register a revenue CAGR of 11.5% over the forecast period, according to the latest report.
Key Points:
- The global biochip market size is expected to reach USD 34.35 Billion in 2030 and register a revenue CAGR of 11.5% over the forecast period, according to the latest report.
- In addition, the increasing adoption of personalized medicine and point-of-care (POC) testing is estimated to propel market growth.
- Increasing application of biochips in proteomics, genomics, and drug discovery coupled with growth in the field of personalized medicine is projected to fuel the market growth.
- In the past two decades, the adoption of biochip technology has increased significantly in the field of healthcare and medicine.