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Lab Chip Devices Market

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Global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong><br />

<strong>Market</strong><br />

Share, Global Trends,<br />

Analysis, Research, Report,<br />

Opportunities,<br />

Segmentation and Forecast,<br />

2016-2026<br />

Future <strong>Market</strong> Insights<br />

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Report Description<br />

A lab chip device is a device which assimilates one or more laboratory tasks on a sole chip<br />

to achieve high-throughput screening and automation. Dimensions of the chip may vary<br />

from few millimeters to square centimeters. LOCs handles extremely small volume of<br />

fluid which can be close to pico liters. <strong>Lab</strong>-on-a-chip devices are actually a part of Micro<br />

electro mechanical systems (MEMS). These devices are often designated by "Micro Total<br />

Analysis Systems" (µTAS). <strong>Lab</strong> <strong>Chip</strong> devices are the devices which primarily describes the<br />

manipulation. The <strong>Lab</strong> <strong>Chip</strong> devices indicates the mounting of multiple or single lab<br />

process to a chop format. Whereas Micro Total Analysis systems helps in integrating the<br />

total sequence of complete <strong>Lab</strong> processes to perform the analysis. Basically <strong>Lab</strong> chip<br />

devices are the instruments which allows the chemical analysis or the laboratory<br />

synthesis on a very small scale. Over the past 2 decades LOC devices have shown good<br />

benefits and appreciable potential for a wide range of applications like genomic research<br />

proteomics research, point of care diagnostics, analytical chemistry, biohazards<br />

detections and environmental monitoring. Compare to the conventional devices these<br />

small devices offera a wide range of advantages. They reduce reagent and sample<br />

consumption, shortens reaction time. Also it requires a less power, portable in nature<br />

and have very less manufacturing cost as compared to the conventional bulkier <strong>Lab</strong><br />

machines. The recent advancement in <strong>Lab</strong> <strong>Chip</strong> devices can be designed with higher<br />

precision. The flow of the samples used can be precisely controlled with the help of<br />

external valves and pumps and the analytes can be detected with high sensitivity using<br />

electrical, optical and magnetic based techniques.<br />

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Report Description<br />

<strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>: Drivers and Restraints<br />

<strong>Lab</strong> <strong>Chip</strong> devices is a new technology which is driving the current <strong>Lab</strong>oratory testing<br />

market and also suffices the current need of the market where the trace samples are to<br />

be analyzed. The applications of such devices are more inclined towards the medical<br />

examination and life sciences, where protein crystallization and DNA, RNA sequencing<br />

can be studied. Moreover the features of being handy and easy to use are the factors<br />

expected to fuel the growth of global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>. These devices are also<br />

portable and easy to carry hence can be widely used in Hospitals and ambulatory surgical<br />

centers as well. Use of the conventional laboratory services may act as a restraint in the<br />

present market as it may take time for the technology to be acknowledged and admired<br />

by health care professionals.Though there are hurdles pertaining to the<br />

commercialization of new technology, but in the long run these devices will become<br />

crucial.<br />

<strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>: Segmentation<br />

The global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong> has been classified on the basis of application, end<br />

user and geography.<br />

Based on application, the global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> is divided into following:<br />

• Clinical Diagnostics<br />

• Genomics


Report Description<br />

• In vitro Diagnostics<br />

• Point of Care Diagnostics<br />

• Proteomics<br />

• Drug Discovery<br />

• Others (Biodefense, Food Pathogen Identification, and Environmental Contamination)<br />

Based on the end user type, the global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> is divided into following:<br />

• Biotechnology and Pharmaceutical Companies<br />

• Hospitals<br />

• Forensic <strong>Lab</strong>oratories<br />

• Diagnostics Centers<br />

• Academic & Research Institutes<br />

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<strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>: Overview<br />

The first ever lab chip devices was created by Stanford university in the year 1979 for gas<br />

chromatography. However the actual use of lab chip devices began in the late 80s<br />

through the adaptation of micro fabrication processes and development of the micro


Report Description<br />

fluids. In 1990s the scientist began to explore fluids and shorten the biochemical<br />

operation such as PCR. Recently all the most probable applications of <strong>Lab</strong> chip devices<br />

have been studied and have shown promising results. For many applications the <strong>Lab</strong> chip<br />

devices not only shows capacity of integration and parallelization but also demonstrates<br />

promising results as compared to the conventional technology. Currently these<br />

technology is widely used in molecular biology, proteomics, Cell biology and chemistry.<br />

<strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>: Regional Overview<br />

Region wise, the global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong> is classified into regions namely, North<br />

America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East<br />

and Africa.North America leads the global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong> followed by Europe.<br />

<strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> <strong>Market</strong>: Key Players<br />

Some of the key players in global <strong>Lab</strong> <strong>Chip</strong> <strong>Devices</strong> market are Takara Bio, Inc., Biacore<br />

AB, Bio-Rad <strong>Lab</strong>oratories, Ltd., Caliper Life Sciences, Cepheid. and others.<br />

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