The global market for surgical chips is anticipated to surge at a remarkable CAGR throughout the forecast period (2017-2027), asserts Market Research Future (MRFR). A surgical chip is a recognizing coordinated circuit gadget encased in silicate glass and embedded in the body of an individual.
Drivers
and Restraints
The
global surgical chips market is growing at a
luxurious pace; primarily owing to the increasing penetration of technology in
healthcare sector, and growing awareness about the use of surgical chips for
patient tracking, medical records management, and healthcare quality control.
MRFR experts report that the global surgical chips market is at a flourishing
stage and is predicted to gain further prominence over the forecast period.
Browse
Sample of the Report @ https://www.marketresearchfuture.com/sample_request/1310
The
market is also inundated with market players constantly indulging in research
and development activities to gain a competitive edge over other companies. For
instance, in August 2018, researchers at Brigham and Women’s Hospital (BWH)
developed 3D bioprinted tubular structures that imitate the human body’s
vessels. The 3D bioprinting technique allows for better replications of the
tissues’ properties and could potentially offer a viable solution for damaged
tissue.
Market
Segmentation
The
global surgical chips market has been segmented based on type, end-user, and
application.
The types
in the global market are DNA Chips, brain chips, lab chips, protein chips,
tissue chip and others. The DNA chips market is gaining significant traction
from several factors, such as large-scale initiatives in the related field,
increasing demand for personalized medicine, miniaturization of DNA chips,
escalating need for early detection of cancer and consequent diagnosis and
therapeutics.
By end
user, the market is segmented into hospitals, clinics, research facilities and
others. With constant research and development activities undertaken by
companies, number of research facilities have cropped up to meet with these demands.
Thus, continuous innovations and discoveries are possible only with high
availability of research facilities.
By
application, the market is segmented into cancer diagnosis and treatment, gene
expression, SNP genotyping, genomics, clinical diagnostics, and others. Rising
cases of cancer patients, changing lifestyle and unhealthy eating habits have
led to subsequent surge in the cancer diagnosis and treatment market.
Regional
Analysis
The
market is regionally split into the regions of the Americas, Europe, Asia
Pacific, and Middle East & Africa.
North
America is the largest market for surgical chips globally on account of
increasing healthcare R&D expenditure and highly enhanced healthcare
technology. The need to curtail costs, growth and increased use of shifting
commodity prices also work in favor of the regional market.
MRFR
reports that Europe is the second-largest market for surgical chips due to high
strength of private label brands coupled with increased competition amongst
market players. Constant technological innovations and continuous R&D
activities enhance the market development as well.
On the
other hand, Asia Pacific is presumed to be a growing market for surgical chips
market, demonstrating a spectacular growth on account of government funding and
support along with improving economy and constant efforts put by market players
to achieve success in the market. For instance, in August 2018, IIT Kharagpur
set up India's pioneering Bioelectronics Innovation Laboratory to develop
futuristic battery-free implantable medical devices in the form of chips. These
chips will be used for treatment of brain, nerve, muscle or spinal cord
disorders that are untreatable by using standard medical practices.
The
Middle East and Africa market is developing slowly but steadily as the region
is attracting new players to venture into the regional market, which is
expected to intensify the competition in the market in the near future.
Key
Players
Bio-Rad
Laboratories Inc. (US), Cepheid (US), Abbott Laboratories (US) Agilent
Technologies, Inc. (US) Perkinelmer Inc. (US), Fluidigm Corporation (US),
Illumina Inc. (US), GE Healthcare (UK), Thermo Fisher Scientific, Inc. (US),
Roche Diagnostics (Switzerland) are some of the companies at the forefront of
the market.
Industry
News
An
Israeli researcher by the name of Dr. Ben Meir Maoz of Tel Aviv University’s
biomedical engineering department has developed a brain chip which will allow
research on the human brain at levels of detail and precision that were not
previously possible. Its specialty is its ability to take a complex system such
as the brain, then break it down into subunits, and still preserve the links
between these subunits.
Browse
More Details of the Report @ https://www.marketresearchfuture.com/reports/surgical-chips-market-1310
About US:
Market Research Future (MRFR), enable customers to
unravel the complexity of various industries through Cooked Research Report
(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),
Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment