Information of Biochips at: http://bit.ly/1Wv8w7H
Biochips enable precise and accurate modelling of physiological
situations for fundamental research and drug development, alike.
Moreover, the chips also help in carrying out high-volume tests
associated with various aspects of drug discovery and development.
Furthermore, the advent of biochips has also revolutionized molecular
diagnostics in identifying the presence of viruses, bacteria, or
other organisms in patient samples for monitoring viral responses to
the therapy and detecting genetic disorders.
However, on the flip side, companies involved in manufacturing
biochips have to comply with stringent regulations related to medical
devices such as United States Pharmacopeia (USP) and Clinical and
Laboratory Standards Institute (CLSI), among others. Such regulations
are viewed as major bottlenecks by large companies operating in the
market.
Increasing application of biochips in the medical sector for cancer
treatment, drug research, and diagnostics is one of the major factors
driving the growth of the global biochips market. In addition,
factors such as availability of molecular information, automation of
biochemical processes through the use of biochips and application of
biochips for gene and protein identification are set to drive the
global biochips market.
The use of biochips has brought about a transition in the field of
drug discovery and research. Biochips have the ability to detect
cancer before its symptoms develop in human bodies. In addition, it
can easily detect virulent diseases such as smallpox, anthrax, and
plague in a very short span of time. Moreover, biochips are
increasingly finding application in veterinary diagnostics. Biochips
comprise grids that may be dots or small wells. Each grid contains
nucleic acid or antibodies and proteins which bind to a DNA sequence
or a target antigen. The abundance of proteomics and genetics data
coupled with the need for identifying gene sequences and proteins in
human beings is driving the biochips market. Conventional gene and
protein sequencing methods cannot provide qualitative output and are
ineffective whereas biochips are extremely effective and produce
accurate gene sequencing results in a very short span of time.
Significant growth in the healthcare sector, rising demands for
diagnostics and increasing medical expenditure coupled with economic
reforms in major developing countries has been able to bolster the
growth of Biochips market.
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