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Europe Biochips Market Forecast 2018-2026

Key Findings
Europe Biochips market stood at $2985 million in 2017. By the end of the forecast period of 2018-2026, the market is anticipated to collect $14941 million, exhibiting a CAGR of 20.06%.

Market Insights
The biochips market in Europe is driven by government funding to develop and promote the biotechnology sector. Also, factors like increased government funding to develop personalized medicine and rising prevalence of various government initiatives supporting biotechnology are positively influencing the growth of the biochips market in Europe. The German biochips market is being propelled by various government initiatives and programs to develop and promote biotechnology. On the other hand, the U.K biochip market finds several applications in molecular diagnostics, and in point-of-care diagnosis. France biochips market is mainly driven by funding supporting emerging fields such as cancer biomarkers, genomic studies and rise in diagnosis & treatment of cancer, while the Italian market is driven by rising investments in personalized medicines and genomics.

Competitive Insights
Some of the competing players in this market are Thermo Fisher Scientific Inc, Agilent Technology Inc, Merck Gmbh, Biochain Institute Inc, Origene Technologies Inc, Cepheid Inc, Perkinelmer Inc, Bio-Rad Laboratories Inc, Illumina Inc, Biomerieux SA, Gamida For Life Group and Cybrdi Inc.

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Europe Biochips Market Forecast 2018-2026
Published By :Inkwood Research
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