Top 20 Companies in Lab on Chips Market 2025: Strategic Overview and Future Trends (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Lab on Chips Market Size is projected To Grow from USD 6014.8 Million in 2024 to USD 16698.9 Million by 2035, at a CAGR of 9.73% during the forecast period 2025–2035. The market for Lab on Chips is growing demand due to the growing need for point of care diagnostics and quick, precise disease diagnosis, which is primarily being driven by the incidence of chronic illnesses like diabetes, cancer, and heart disease. Devices are becoming smaller, faster, more sensitive, and less expensive due to technological advancements in microfluidics, biosensors, nanotechnology, and AI integration.
Introduction
A Lab on Chip Market Size is a miniature device that combines one or more laboratory operations, such as sample preparation, reaction, separation, and detection, onto a single chip, usually limited to a few millimeters to a few square centimeters. Lab on chip tools is being embraced by the healthcare, pharmaceutical, and research industries for significant reasons that condense laboratory functionality onto a single chip. Lab on chip technology is preferable for disease diagnosis in real time, especially in rural or disadvantaged communities, as it is fast, low cost, and portable. The conventional laboratory setting requires time and costs for testing and receiving results, which lab on chip devices would greatly reduce because they enable the diagnostic tests to be performed outside traditional lab environments. Market growth is spurred on by the increasing trend towards personalized medicine. Lab on chip devices can perform complex tests and provide targeted and personalized therapeutic options based on individualized patient factors. As the demand for personalized therapeutics increase, the demand for lab on a chip technology to provide rapid and accurate diagnostic information is also increasing. In 2024, the U.S. National Science Foundation invested USD 14 million in seven interdisciplinary projects under the EFRI, Biocomputing through EnGINeering Organoid Intelligence program, which advance lab on chip technology.
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Lab on Chips Market Size & Statistics
- The Market Size for Lab on Chips Was estimated to be worth USD 6014.8 Million in 2024.
- The Market Size is going to Expand at a CAGR of 9.73% between 2025 and 2035.
- The Global Lab on Chips Market Size is anticipated to reach USD 16698.9 Million by 2035.
- North America is expected to generate the highest demand during the forecast period in The Lab on Chips Market
- Europe is expected to grow the fastest during the forecast period in The Lab on Chips Market.
Regional growth and demand
Europe is expected to grow the fastest during the forecast period in the Lab on Chips market.
Europe is expected to grow at the fastest CAGR in the lab on chip market during the forecast period. In the Europe market, the rise is rising due to the research and development, notably in biotechnology and pharmaceuticals. The sector is supported by sophisticated healthcare systems, joint venture relationships with research institutes, and an increasing need for portable and low-cost diagnostics. European funding opportunities and legislative actions also facilitate the innovation and use of lab on chip technology in healthcare.
North America is expected to generate the highest demand during the forecast period in the Lab on Chips market.
The North American region's supremacy includes the availability of the newest testing and diagnostic technologies, which is driven by the number of top biotechnology and pharmaceutical companies in the region. The presence of renowned academic and research institutions is also accelerating the uptake of lab on chip technologies. The dominance of the region's market is also driven by its strong healthcare, governmental support, and initiatives.
Top 7 Trends in the Lab on Chips Market
- Integration of AI and IoT
- Advancements in Microfluidics & Nanotechnology
- Expansion of Point-of-Care Testing (POCT)
- Focus on Personalized Medicine
- Growth in Non-Healthcare Applications
- Increased Research and Development Investment
- Development of Organ-on-a-Chip (OOC) Technology
1, Integration of AI and IoT
Artificial intelligence (AI) and the Internet of Things (IoT) are being integrated into LOC devices to enhance automation, enable real-time monitoring, and facilitate remote diagnostics and data analysis.
2. Advancements in Microfluidics & Nanotechnology:
Continued progress in microfluidics and nanotechnology allows for the creation of highly precise, miniature devices that can rapidly analyze biological samples with high efficiency.
3. Expansion of Point-of-Care Testing (POCT)
The demand for compact, cost-effective, and efficient diagnostic tools at the patient's side is a major driver for LOC technology, as it offers quick and accurate results with minimal sample volume.
4. Focus on Personalized Medicine
LOCs are crucial for personalized medicine, enabling early disease detection and tailored treatment plans by analyzing individual biological samples.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Lab on Chips market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 6 Companies Leading the Lab on Chips Market
- Abbott Laboratories
- Agilent Technologies
- Bio-Rad Laboratories
- Danaher Corporation
- PerkinElmer
- Thermo Fisher Scientific
- Others
1. Abbott Laboratories
Headquarters: U.S.
Abbott Laboratories is a significant player in the lab-on-a-chip market, recognized for leveraging microfluidics and AI to automate assays, improve diagnostic accuracy, and develop personalized treatments for conditions like diabetes and chronic diseases. The company's contributions focus on miniaturized, integrated devices that streamline laboratory functions and enhance patient care through rapid, precise, and cost-effective diagnostics and monitoring.
2. Agilent Technologies
Headquarters: U.S.
Agilent Technologies is a significant player in the lab-on-a-chip (LOC) market, being a pioneer with its Agilent 2100 Bioanalyzer introduced in 1999, a product that became a standard for many industries after selling over a million chips. The company contributes to the market through innovative instruments, reagents, and services, including its GenetiSure Cyto microarrays, which are used for pre- and postnatal research. Agilent's presence in the market is driven by advances in microfluidics and biosensors, enabling precise, rapid, and miniaturized analysis for applications in life sciences, diagnostics, and more.
3. Bio-Rad Laboratories
Headquarters: U.S.
Bio-Rad Laboratories is a significant player in the lab-on-a-chip market, particularly known for its QX200 Droplet Digital PCR System, a type of lab-on-a-chip technology that facilitates applications in genomics and proteomics. While not as prominent as market leaders like Danaher or Thermo Fisher Scientific in all aspects of the market, Bio-Rad's offerings contribute to the industry's growth by providing essential tools for high-throughput applications. The market, driven by advancements in cellular engineering and personalized medicine, is expected to grow significantly, with applications expanding beyond genomics into areas like oncology, immunology, and drug discovery.
4. Danaher Corporation
Headquarters: U.S.
Danaher Corporation is a significant player in the lab-on-a-chip (LoC) market through its microfluidics and diagnostics segments, offering products like diagnostic testing systems and microfluidic dispensers, with its Cepheid subsidiary developing LoC-based tests for infectious diseases. The company is active in strategic acquisitions, such as the acquisition of Abcam, to bolster its capabilities and expand its presence in the life sciences and proteomics sectors, which are closely linked to LoC technology advancements.
Are you ready to discover more about the Lab on Chips market?
The report provides an in-depth analysis of the leading companies operating in the global Lab on Chips market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Abott laboratories
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Agilent Technologies
- Bio-Rad Laboratories
- Danaher Corporation
- PerkinElmer
- Thermo Fisher Scientific
- Others
Conclusion
The Lab-On-A-Chip Market Size is undergoing a significant transformation, driven by its inherent advantages of miniaturization, portability, and efficiency, which are revolutionizing traditional laboratory practices. The technology's ability to condense complex operations onto a single device makes it an ideal solution for real-time diagnostics, particularly in remote or underserved areas. The industry's expansion is fueled by a growing focus on personalized medicine, with these devices enabling the creation of tailored therapeutic strategies based on individual patient data. Further propelling this growth are key trends such as the integration of artificial intelligence and the Internet of Things, continuous advancements in microfluidics, and the development of organ-on-a-chip technology. The market's future appears promising, with strong demand and rapid growth anticipated, particularly from North America and Europe, supported by significant research and development investments and the presence of major industry players.
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