Microfluidics Market by Product (Devices, Components (Chip, Sensor, Pump, Valve)), Application (IVD (POC, Clinical, Veterinary), Research, Manufacturing, Therapeutics), End User (Hospital, Diagnostic Center, Academic Institutes), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The Microfluidics Market size is projected to reach a CAGR of 24.6% to 2028.
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Microfluidics is a medical approach involving the precise control of small fluid samples for medical analysis. The sample sizes in microfluidics range from microliters to picolitres. At such low volumes, the transportation of fluid is governed significantly by its mass.
Growing technological advancements in diagnostic devices, rising demand for microfluidics technology, and rising incidence of chronic diseases are some of the factors that have supported long-term expansion for Microfluidics Market.
Regional Analysis
North America is expected to account for the largest share of the microfluidics market. North America has various additional advantages—investment initiatives by governments and the presence of high-quality infrastructure for clinical and laboratory research.
Top Key Players of Microfluidics Market
- uFluidix
- Bio-Rad Laboratories Inc.
- Fluidigm Corporation
- Illumina Inc.
- PerkinElmer, Inc
- Parker Hannifin Corporation
- IDEXX Corporation
- Fluigent SA
- Aignep S.P.A.
- Camozzi Automation SPA Societá Unipersonale
- Dolomite microfluidics and More
The Report helps to identify the opportunities in Global Regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.)
- The Middle East and Africa (North Africa and GCC Countries)
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Recent Developments
In March 2020, Parker-Hannifin Corporation (US) launched the LM-Pro linear motor proportional valves for the ventilators market.
In March 2020, Bio-Rad Laboratories Inc. (US) launched the SARS CoV-2 Standard to support laboratory assay validation of COVID-19 testing Germitec S.A. (France) received approval for the UV reprocessor from the FDA in April 2019.
Microfluidics Market is segmented into type, application, end user and region.
On the basis of Type
- Microfluidic-based devices
- Microfluidic Components
On the basis of Application
- In-vitro diagnostics
- Pharmaceutical & Life Science Research and Manufacturing
- Therapeutics
On the basis of End-User
- Hospitals & Diagnostic Centers
- Academic & Research Institutes
- Pharmaceutical & Biotechnology Companies
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- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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