Global Lab on Chips Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

This report studies the Lab on Chips (LOC) market. A Lab on Chip (LOC) is a device that integrates one or several laboratory functions on a single integrated circuit (commonly called a "chip") of only millimeters to a few square centimeters to achieve automation and high-throughput screening. LOCs can handle extremely small fluid volumes down to less than pico-liters. Lab-on-a-chip devices are a subset of microelectromechanical systems (MEMS) devices and sometimes called "micro total analysis systems" (µTAS). LOCs may use microfluidics, the physics, manipulation and study of minute amounts of fluids.
Companies in this industry mainly include Danaher, Thermo Fisher Scientific, Roche, etc. The revenue of the top three companies in 2018 accounted for more than 53% of the total. North America and Europe were the most dominant, with a combined income share of more than 67%.

Market Analysis and Insights: Global Lab on Chips Market
The research report studies the Lab on Chips market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Lab on Chips market size is projected to reach US$ 10440 million by 2026, from US$ 5861.2 million in 2020, at a CAGR of 10.1% during 2021-2026.

Global Lab on Chips Scope and Segment
The global Lab on Chips market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lab on Chips market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Lab on Chips market is segmented into
Reagents & Consumables
Software & Services
Instruments
According to the type, the revenue of instruments in 2018 was the highest, accounting for more than 57%, followed by reagent and consumables, accounting for 31.77.

Segment by Application, the Lab on Chips market is segmented into
Genomics and Proteomics
Diagnostics
Drug Discovery
Others
By application, diagnosis is the most important, with 58.60% of the consumer market in 2018.

Global Lab on Chips market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Danaher
Thermo Fisher Scientific
Roche
Abbott Laboratories
Bio-Rad Laboratories
Becton, Dickinson
PerkinElmer
Agilent Technologies
IDEX Corporation