Microfluidics Market - Trends Forecast Till 2028

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)

Published Date: January, 2022

Base Year Estimate: 2021

Report ID: D-HC-MM-1096

Format:  

Number of Pages: 382

Domain: Healthcare

Microfluidics Market – Trends Forecast Till 2028

The Microfluidics Market size is projected to reach a CAGR of 24.6% from 2022 to 2028.

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.

The COVID-19 pandemic has impacted the overall microfluidics industry in positive ways. The demand for rapid diagnostic tests, POC tests, and IVD devices with microfluidic technology utilized in drug discovery and COVID-19 testing has witnessed a significant demand.

Microfluidics Market Research Report

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.

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

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Microfluidics Market Primary Respondent

 

Key Players

  • 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

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.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Microfluidics Market so as to understand the trends and the factors involved behind changing market situations
  • 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

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 24.6% during the forecasting period, 2022-2028

Historical Data

2019-2020

Forecast Years

2022-2028

Base Year

2021

Units Considered

Revenue in USD billion and CAGR from 2022 to 2028

Report Segmentation

type, application, end user and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

uFluidix, Bio-Rad Laboratories Inc., Fluidigm Corporation, Illumina Inc. and PerkinElmer, Inc, Parker Hannifin Corporation, IDEXX Corporation, Fluigent SA, Aignep S.P.A., Camozzi Automation SPA Societá Unipersonale, Dolomite microfluidics

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