Microfluidics Market size is projected to reach USD 44.0 billion by 2025 from USD 15.7 billion in 2020, at a CAGR of 22.9%.

Microfluidics Market by Product (Devices, Components (Chips, Sensors, Pump, Valves, and Needles), Application (IVD [POC, Clinical, Veterinary], Research, Manufacturing, Therapeutics), End User and Region – Global Forecast to 2025

The global microfluidics market size is projected to reach USD 44.0 billion by 2025 from USD 15.7 billion in 2020, at a CAGR of 22.9% during the forecast period. The ability of the microfluidics technology to replicate all the functions of its traditional counterparts in various healthcare applications, such as drug delivery, point-of-care (POC) diagnostics, and clinical diagnostics, is resulting in its wider adoption across the globe. In addition to this, technological advancements, increasing focus on data precision & accuracy, fast returns on investment, and faster testing & improved portability through microfluidic chip miniaturization are driving growth of the microfluidics industry.

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The global microfluidics market is highly competitive, with a large number of global and local market players competing for higher market shares. Danaher Corporation (US), Thermo Fisher Scientific (US), PerkinElmer Inc. (US), Agilent Technologies (US), Bio-Rad Laboratories, Inc. (US), Becton, Dickinson and Company (US), F. Hoffmann-La Roche (Switzerland), Illumina, Inc. (US), Fluidigm Microfluidics (US), Abbott Laboratories (US), and QIAGEN (Netherlands) are some of the prominent players in the microfluidic-based devices market.

The prominent players in the global microfluidic components market include Parker-Hannifin Corporation (US), Fluigent SA (France), Idex Corporation (US), Camozzi Automation Spa Società Unipersonale (Italy), Gems Sensors and Control (US), Aignep S.P.A. (Italy), SMC Corporation (Japan), Dolomite Microfluidics (UK), Cellix Ltd. (Ireland), Elveflow (France), Microfluidic ChipShop (Germany), Micronit Microtechnologies (Netherlands), and MicroLiquid (Spain).

Microfluidics Market report performs a study of the industry precisely which explains what the market definition, classifications, applications, engagements, and global industry trends are. This market research report is a great option to make better decisions, generate maximum revenue, and enhance business profit. In this competitive age, comprehensive knowledge about the competitive landscape, the product range of the competitors, their strategies, and future prospects are very important. Additionally, this Microfluidics Market business research report combines historic data, current market trends, market environment, technological innovation, upcoming technologies, and the technical progress in the related industry.

“In 2019, in-vitro diagnostics accounted for the largest share of the market.”

Based on the application, the in-vitro diagnostics segment accounted for the largest share of the microfluidics market in 2019. The large share of this segment can be attributed to the increasing integration of microfluidics with laboratory analytical instruments, growing need for portable diagnostic equipment, and increasing demand for point-of-care testing.

“In 2019, the hospitals & diagnostic centers segment accounted for the largest share of the market.”

Based on end-users, the hospitals & diagnostic centers segment accounted for the largest share of the microfluidics market in 2019. The large share of this segment is attributed to the increasing use of microfluidic-based diagnostic devices, increasing adoption of microfluidics for the rapid diagnosis of various chronic diseases, technological advancements, and the inherent advantages of microfluidics

APAC is projected to witness the highest growth during the forecast period.”

The APAC microfluidics market is estimated to register the highest CAGR during the forecast period. Factors such as the growing geriatric population, growing per capita income, increasing investments in the healthcare industry, rising demand for advanced technologies, and the expansion of private-sector hospitals to rural areas in various countries in the region.

The breakdown of primary participants was as mentioned below:

  • By Company Type: Tier 1–53%, Tier 2–26%, and Tier 3–21%
  • By Designation: C-level–42%, Director Level–26%, and Others–32%
  • By Region: North America–26%, Europe–35%, Asia Pacific–20%, Latin America–11%, Middle East & Africa–8%

Research Coverage:

The report analyzes the various infusion pump devices and their adoption patterns. It aims at estimating the market size and future growth potential of the microfluidics market for different segments such as product, application, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market, along with their company profiles, product offerings, and recent developments.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the microfluidics industry
  • Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the microfluidics market
  • Market Development: Comprehensive information on the lucrative emerging regions by product, application, end user, and region
  • Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the microfluidics industry
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the microfluidics market

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition And Scope
1.2.1 Markets Covered
1.2.2 Years Considered For The Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data Key Data From Secondary Sources
2.1.2 Primary Data Key Data From Primary Sources Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown And Data Triangulation
2.4 Assumptions For The Study

3 Executive Summary

4 Premium Insights
4.1 Growth Potential Of The Microfluidics Market
4.2 Asia Pacific: Microfluidics Market, By End User
4.3 Microfluidics Market: Geographic Growth Opportunities
4.4 Microfluidics Market, By Region
4.5 Microfluidics Market: Developing Vs. Developed Markets

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Rising Demand For Point-Of-Care Testing Technological Advancements Increasing Focus On Data Precision And Accuracy Fast Returns On Investment Faster Testing And Improved Portability Through Microfluidic Chip Miniaturization Entry Of New Players And Launch Of New And Advanced Products
5.2.2 Restraints Complex And Time-Consuming Regulatory Approval Process Incorporation Of Microfluidics Into Existing Workflows
5.2.3 Opportunities Emergence Of Microfluidic-Based 3d Cell Culture Systems, Such As Organ-On-A-Chip Asia—A Key Growth Hotspot Expanding Applications Of Drug Delivery Technologies Growing Applications Of Microfluidics
5.2.4 Challenges Standardization/Commercialization Of Microfluidic Devices

6 Industry Insights
6.1 Introduction
6.2 Industry Trends
6.2.1 Shifting Trend Towards Ehealth Diagnostics With The Integration Of Microfluidics-Based Poc Devices, Epidermal Electronics,And Iot
6.2.2 Adoption Of 3d Printing In Microfluidics
6.2.3 Shifting Trend Towards The Adoption Of Polymers
6.2.4 Universities Actively Investing In Microfluidic Startups And Large Players Acquiring Small Players
6.3 Analysis Of Parent Markets
6.4 Evolution Of Microfluidics In Healthcare
6.5 Value Chain Analysis
6.5.1 Microfluidic Components Procurement Model Of Major Players

7 Microfluidics Market, By Product
7.1 Introduction
7.2 Microfluidic-Based Devices
7.2.1 Increasing Adoption Of Microfluidic Devices Owing To The Various Advantages Offered By Them To Drive Market Growth
7.3 Microfluidic Components
7.3.1 Microfluidic Chips Microfluidic Chips Reduce The Analysis Time By Increasing Automation And Consume Low Volumes Of Samples
7.3.2 Flow And Pressure Sensors These Devices Offer A Range Of Advantages, Due To Which They Are Increasingly Used In Laboratories And Research Institutes
7.3.3 Flow And Pressure Controllers Due To High Accuracy And Control Stability, Pressure Controllers Are Suitable As References For Laboratories
7.3.4 Micropumps Need For Precision In Fluid Control And Device Miniaturization Has Favored The Growth Of The Micropumps Market
7.3.5 Microfluidic Valves Valves Are A Vital Component In Microfluidic Devices—A Key Factor Driving Market Growth
7.3.6 Microneedles Small Size Of Microneedles Leaves Dermal Nerves And Blood Vessels Unaffected, Ensuring A Painless Procedure
7.3.7 Other Components

8 Microfluidics Market, By Application
8.1 Introduction
8.2 In Vitro Diagnostics
8.2.1 Point-Of-Care Testing Point-Of-Care Testing Is The Largest Application Segment In The Microfluidics Market For In Vitro Diagnostics
8.2.2 Clinical Diagnostics Increase In Viral Outbreaks To Drive Growth In The Clinical Diagnostics Segment
8.2.3 Veterinary Diagnostics Growing Need For Low-Cost, Rapid, And Reliable Diagnostic Results In Veterinary Medicine To Drive Market Growth
8.3 Pharmaceutical And Life Science Research And Manufacturing
8.3.1 Lab Analytics Proteomic Analysis Increasing Demand For Rapid Proteomic Analysis For Drug Development Is Boosting The Adoption Of Lab-On-A-Chip Devices Genomic Analysis Increasing Focus On The Decoding Of Genomes To Boost The Adoption Of Microfluidics In Genomics Cell-Based Assays Increasing Focus On Microfluidic Cell-Based Assays For Rapid Drug Development Aids Market Growth Capillary Electrophoresis Combination Of Microfluidic Capillary Electrophoresis With Other Technologies To Drive Overall Market Growth
8.3.2 Microdispensing Advantages Such As Less Sample And Reagent Consumption And Ease Of Operation Drive The Adoption Of Microdispensing Systems
8.3.3 Microreaction Increasing Need For Optimization In The Research And Production Process Using Microfluidic Techniques Drives The Market Growth
8.4 Therapeutics
8.4.1 Drug Delivery Expanding Applications Of Microfluidic In Development Of Drug Delivery Platform Are A Key Driver For Market Growth
8.4.2 Wearable Devics Increasing Demand For Microfluidics-Integrated Wearable Devices For Patient Vital Sign Monitoring Drives Overall Growth

9 Microfluidics Market, By End User
9.1 Introduction
9.2 Hospitals And Diagnostic Centers
9.2.1 Hospitals And Diagnostic Centers Are The Largest End Users Of Microfluidics
9.3 Academic And Research Institutes
9.3.1 Use Of Microfluidics In Research Is Expected To Increase With Growing Funding In The Field
9.4 Pharmaceutical And Biotechnology Companies
9.4.1 Increasing Focus On Launching Quality Drugs To Support Market Growth

10 Microfluidics Market, By Region
10.1 Introduction
10.2 North America
10.2.1 Us The Us Dominates The North American Microfluidics Market
10.2.2 Canada Strong Infrastructure And Availability Of Funding For Biomedical Research Will Support Market Growth
10.3 Europe
10.3.1 Germany Germany Holds The Largest Share In The European Market
10.3.2 France Genomics And Proteomics Research Is Strongly Supported By The Government Of France
10.3.3 Uk Increasing Incidence Of Infectious Diseases Such As Covid-19 Drives The Growth Of Poc Testing And Microfluidics
10.3.4 Italy Increasing Demand For Poc Testing Aids Market Growth
10.3.5 Spain Increasing Incidence Of Infectious And Chronic Diseases Drives The Growth Of The Market
10.3.6 Rest Of Europe
10.4 Asia Pacific
10.4.1 China China Holds A Major Share In The Asia Pacific Microfluidics Market
10.4.2 Japan Adoption Of Technologically Advanced Laboratory Analytical Instruments In Research To Drive Market Growth In Japan
10.4.3 India Increasing Pharma R&D And Government Funding In The Biotechnology Sector Is A Major Source Of Market Growth
10.4.4 Rest Of Asia Pacific
10.5 Latin America
10.5.1 Brazil Pharmaceutical & Biologics Qc To Drive Market Growth In Brazil
10.5.2 Mexico Rising Prevalence Of Chronic Diseases Drives The Growth Of The Microfluidics Market In Mexico
10.5.3 Rest Of Latin America
10.6 Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Product Portfolio Matrix
11.3 Competitive Situation And Trends
11.3.1 Product Launches
11.3.2 Partnerships, Agreements, And Collaborations
11.3.3 Acquisitions
11.3.4 Expansions
11.4 Competitive Leadership Mapping
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies

12 Company Profiles

Read More………………

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