Fitness Trends Global lab-on-a-chip Market | Page 3

Increasing incidence of malaria also leads to increasing demand for lab-on-a-chip PCR diagnostic
method. Whereas, for the most common and chronic disease, such as Tuberculosis, the World
Health Organization (WHO) has endorsed the specific molecular diagnostic technique in year
2010 to result in improvement of fast diagnosis.
Increasing number of diagnosis test are expected to drive the growth of Lab-on-A-Chip Market
North America accounts for the largest share in the global lab-On-A-Chip market, followed by
Europe. This mainly is attributed to research and advancement in technology and wide
acceptance of the lab-on-a-chip technology in the field of research and pharmaceutical company
for drug discovery process and for diagnosis test. According to World Health Organization
(WHO), in 2015, nearly half of the world's population were at risk of malaria and around 212
million malaria cases were reported, which in turn favors the growth of lab-on-a-chip market as
malaria can be diagnosed by the lab-on-a-chip device. The lab-on-a-chip market is expected to
show high growth rate in Asia Pacific region over the forecast period supported by increasing
population prone to viral disease. According to Joint United Nations Programme on HIV/AIDS
(UNAIDS) reports 2013, in Asia Pacific region more than 350,000 people were infected with HIV
with nearly 5 million living with HIV/AIDS, which in turn is expected to propel the market
growth in Asia Pacific region.
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Global Players:
Some of the major players operating in the Lab-On-Chip market includes Takara Bio Inc., Nobel
Biocare Services AG, Bio-Rad Laboratories Inc., PerkinElmer Inc., and Cepheid Inc.
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