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Biochips Market Report 2021-2026 | Industry Trends, Market Share, Size, Growth and Opportunities – KSU

Biochips Market Industry Definition and Application:
Biochips are miniature versions of a laboratory designed for functioning in a biological environment, especially inside living organisms. They contain millions of sensor elements or biosensors that act as microreactors to detect a particular analyte like a protein, DNA, enzyme, or antibody. They can perform thousands of biological reactions in a few seconds for drug discovery, single nucleotide polymorphism genotyping, in-vitro diagnostics, gene expression profiling and agricultural biotechnology.
Note: We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. ....

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Global Biochip Market Report 2021-2026: New Product Launches by the Major Players to Create Lucrative Opportunities

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The Global Biochip Market is expected to grow at an impressive rate of around 15% during the forecast period.
The Global Biochip Market is driven by the growing prevalence of various chronic and infectious disease especially in the geriatric population who are more susceptible to these diseases on account of low immunity. This has led to the increase in the demand for personalized medicine solutions or targeted therapies especially for treating diseases like cancer. This in turn is expected to positively influence the market growth over the next few years.
Additionally, increasing R&D activities and supportive government policies further propel the market. Furthermore, ongoing technological innovations and new product launches by the major players operating in the market is expected to create lucrative opportunities for market growth through 2026. ....

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