Bangalore, India -- (SBWIRE) -- 10/27/2017 -- Biochips are bio-microsystems. Bio-microsystems are small integrated devices used for biochemical reactions, biological monitoring, research, academic studies, drug discovery, and much more. A microarray biochip is a that biochip on which various microarrays are assembled on a substrate that permits successful performance of complex biochemical reactions at the same time. Microarray biochips are used in various applications such as drug discovery and development, diagnostics and treatments, research and consumables, forensic medicines, and others.

Report forecast the global microarray biochips market to grow at a CAGR of 15.56% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global microarray biochips market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

Global Microarray Biochips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Abbott
- Agilent Technologies
- Illumina
- PerkinElmer
- Thermo Fisher Scientific

Other prominent vendors
- BioChain
- Bio-Rad Laboratories
- Cepheid
- Fluidigm
- Merck
- SuperBioChips Laboratories
- US Biomax

Market driver
- Increase in market presence with collaboration strategy
- For a full, detailed list, view our report

Market challenge
- Lack of technical knowledge
- For a full, detailed list, view our report

Market trend
- Emerging LOC technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 80 pages "Global Microarray Biochips Market 2017 - 2021" report covers Executive summary, Scope of the report, Research Methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by application, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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