Microfluidics Market 2022 Size, Industry Research, Rapid Growth, Trend, Regional Outlook To 2028
According to Precedence Research, the global microfluidics market was estimated at USD 18 billion in 2021 and is expected to surpass around USD 62 billion by 2030, growing at a CAGR of 16.5% from 2021 to 2030.
Scope of Global Microfluidics Market Reports –
It is the science of manipulating and controlling fluids, usually in the range of microliters (10-6) to picoliters (10-12), in networks of channels with dimensions from tens to hundre0ds of micrometers. So during the study of global Microfluidics market, we have considered Microfluidics devices and consumables to analyze the market.
Global Microfluidics market report is segmented on the basis of product type, application, material, end user & geography. Based upon Product type it is classified as Microfluidics chip, instrument, cartridges and reagent. Based upon application it is classified as Peripheral vascular diseases, wound care management, Pharmaceutical and Biotech Research, In-vitro Diagnostics Drug delivery. On the basis of material it is classified as Silicon based, Glass based, Polymer based. On the basis of end users it is classified as Hospitals, Academics, Research Institute, Diagnostic Labs, and Homecare setting.
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Key Players for Global Microfluidics Market Reports –
- Danaher Corporation,
- PerkinElmer,Inc.,
- Agilent Technologies, Inc.,
- Bio-Rad Laboratories, Inc,
- Thermo Fisher Scientific Inc,
- RainDance Technologies, Inc.,
- Hoffmann La-Roche Ltd.
Market Segmentation
By Product Type
- Microfluidics Chip
- Instruments
- Cartridges & Reagent
By Application
- Peripheral Vascular Diseases
- Wound Care Management
- Pharmaceutical & Biotech Research
- In vitro Diagnostics
- Drug Delivery
- Others
By Material
- Silicon-Based Microfluidicss
- Glass-Based Microfluidicss
- Polymer-Based Microfluidicss
- Other Materials-Based (Paper & Ceramics) Microfluidicss
By End User
- Hospitals
- Academic & Research Institute
- Diagnostic Lab
- Homecare settings
- Others
Global Microfluidics Market Dynamics –
The rising healthcare condition is the key driving factors for the growth of the micro fluidics market for earlier detection of infectious diseases such as HIV, cancer, diabetes, cardiovascular diseases, brain disorders and sleep disorders and AIDS, easier monitoring and increased personalization, to reaching under-served and remote populations. Moreover, increasing investment in research & development from medical device manufacturers are continuously responsible for the growth of global Microfluidics market. However, Market is highly regulated with stringent and time-consuming approval processes and high cost of instrument are expected to inhibit the growth of the Microfluidics market. Microfluidics chips are sold in market with cost between USD 500 to 5000. Nonetheless, untapped market and technology advancement may generate new opportunities in forecast period.
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Regional Analysis-
North America
- U.S., Canada
Europe
- Germany, France, U.K., Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe
Asia-Pacific
- South_Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC
Latin America
- Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America
Middle East and Africa
- Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA
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