What is the size of the Global Lab-on-Chip Services Market?

The Global Lab-on-Chip Services Market was valued at USD 4.5 billion and is projected to reach a market size of USD 9.72 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 10.2%.

What are the key drivers of the Lab-on-Chip Services Market?

The key drivers include advancements in genomics and proteomics, the demand for point-of-care diagnostics, and the application of lab-on-chip technology in drug discovery.

Which application segment leads the Lab-on-Chip Services Market?

Diagnostics accounted for the largest share of the lab-on-chip services market in 2022, driven by the need for rapid and accurate diagnostics.

Who are the dominant players in the Lab-on-Chip Services Market?

Key players in the market include Agilent Technologies, Danaher Corporation, PerkinElmer, Thermo Fisher Scientific, and Illumina, among others.

Which region is expected to witness the fastest growth in the Lab-on-Chip Services Market?

Asia-Pacific is expected to witness the fastest CAGR of about 11.5% during the forecast period, driven by increasing healthcare expenditure and growing research capabilities.