Global Lab-on-chips market cagr 6.8%

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Lab-on-chips Market

Lab-on-chips Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Lab-on-chips Market Size and Growth

The Lab-on-chips market is experiencing robust growth, driven by advancements in miniaturization and automation. Valued at approximately $8.5 billion in 2023, it is projected to expand significantly, approaching $20 billion by 2030. Key factors include rising demand for point-of-care diagnostics and increased adoption in pharmaceuticals and biotechnology sectors. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ EMD Millipore

◍ Life Technologies Corporation

◍ Abbott Laboratories

◍ Roche Diagnostics

◍ Siemens Healthcare

◍ Bio-Rad Laboratories

◍ Abaxis Inc

◍ Achira Labs

◍ Advanced Liquid Logic

◍ Advanced Microlabs

◍ Agilent

The Lab-on-Chip market features players like EMD Millipore, Roche Diagnostics, and Abbott Laboratories, focusing on miniaturized diagnostics and multiplex assays. These companies enhance market growth through innovative products, strategic partnerships, and expanding applications in healthcare, research, and environmental testing. Specific revenue figures for some companies include:

- Abbott Laboratories: $43 billion

- Bio-Rad Laboratories: $3.5 billion

- Agilent Technologies: $5.2 billion

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Market Segmentation

By Application

Biotechnological

Medical

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By Product

Market Growth

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$ X Billion USD

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