Global Surgical Chips Market is Poised to Expand Enormously By 2027 Registering A Steady CAGR Throughout the Assessment Period (2017 And 2027).
Surgical Chips Market Technological Scope and Global Share Overview
These technological advancements are leading to widening the applications of these chips for various tasks that have been directed towards reducing the costs of products. The surgical chips market is growing pervasively mainly due to the burgeoning healthcare sector. Additionally, factors such as the advancements in technology and increasing automation in the healthcare sector are substantiating market growth.
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However, recent developments in surgical chips such as high integration of advanced artificial intelligence (AI)technology along with the spreading awareness towards the advantages and usages of surgical chips for patient tracking, medical records management, and healthcare quality control are expected to support the growth of the surgical chips market throughout the review period.
Global Industry Key Players: Competitive Dashboard
The growth and immense revenue generation opportunities that this market is currently demonstrating, is, in turn, attracting several new entrants. Nevertheless, those newly entered players find it challenging to survive in the market with the rapid introduction of new technologies. They strive to develop a well-established infrastructure that can allow seamless implementation of advanced technologies.
Key players leading the global surgical chips market include,
- Agilent Technologies Inc. (US)
- PerkinElmer Inc. (US)
- Abbott Laboratories (US)
- Illumina Inc. (US)
- GE Healthcare (UK)
- Fluidigm Corporation (US)
- Cepheid (US)
- Roche Diagnostics (Switzerland)
- Bio-Rad Laboratories Inc. (US)
- and Thermo Fisher Scientific Inc. (US) among others.
Global Surgical Chips Market – Segmentations
For enhanced understanding, the market has been segmented into four key dynamics: –
By Types : DNA Chips, Brain Chips, Lab Chips, Protein Chips, and Tissue Chip among others.
By Application : Cancer Diagnosis and Treatment, Gene Expression, SNP Genotyping, Genomics, and Clinical Diagnostics among others.
By End-users : Hospitals, Research Centers, and Clinics among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global Surgical Chips market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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Global Surgical Chips Market – Geographical Analysis
The North American region, heading with the well-established healthcare sector, accounts for the leading market for the surgical clips. Factors such as the increasing demand for chip-based technology and devices and the growing prevalence of lifestyle-borne and chronic diseases positively impact the growth of the regional market.
The Europe surgical chips market led by the increasing healthcare expenditures and availability of advanced treatment facilities, accounts for the second-largest market, globally. Factors such as the increasing government initiatives & funding for research activities, rising demand for technology-based medical devices, and advancements in the treatment procedures options are fostering the growth of the regional market.
The Asia Pacific surgical chips market backed by the faster adoption of healthcare technology is rapidly emerging as a promising market. Moreover, factors such as favorable government policies to improve the quality of healthcare alongside the favorable reimbursement and insurance policies are fostering the growth of the APAC surgical chips market.
Similarly, other major factors such as the growing adoption of advanced medical devices and developing healthcare infrastructure are fuelling the growth of the regional market.
– The Indian Institute of Technology (IIT) Kharagpur is a public engineering institution established by the government of India announced its plans to develop coin-sized biological chips to develop advanced battery-free implantable medical devices for treatment of brain, nerve, muscle or spinal cord disorders that are untreatable by using standard medical practices.
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– Olympus America Inc. (US), a leading global technology player designing and manufacturing medical and surgical products announced receiving the Surgical Products’ 2018 Excellence in Surgical Products (ESP) Award.
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