Global Microfluidics Market to Witness High Demand Due to Increasing Demand for Point of Care Testing

Microfluidics Market is estimated to grow at 18.7%for 2018 to 2025 to an estimated value of USD 23,439.5 by 2025 with factors such as time consuming approval process and dearth of visibility in the market hampering the market growth.  

Microfluidics market has shown a significant adoption rate and preferences from the North America region with countries such as U.S. and Canada. Increasing cases of chronic diseases and growing prevalence for home healthcare devices is expected to enhance the market growth in the region.  

Microfluidics Market Scenario

According to Data Bridge Market Research the microfluidics market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing demand for point of care testing, availability of advanced & new products, increasing applications of drug delivery technologies, and increasing demand for low volume sample analysis.

Now the question is which are the regions that microfluidics market players should target? Data Bridge Market Research has estimated market leaders to target North America developing regions to help them in attaining better volume of revenue generation.

Microfluidics market is becoming more competitive every year with microfluidic chips currently being the largest market component for the forecast period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the microfluidics market.

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Microfluidics Market Development

SCHOTT AG announced the acquisition of MINIFAB Pty Ltd in June 2019 which will help the company to enhance their product portfolio. With this acquisition, the SCHOTT AG will strengthen them by offering their services in Australia and enhancing their global reach. The companies will be combining both their technologies so they can offer better services to their customers.

Scope of the Microfluidics Market

Microfluidics market on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa

  • All country based analysis of the microfluidics market is further analyzed based on maximum granularity into further segmentation. The global microfluidics market is segmented on the basis of components into microfluidic chips, micro pumps, microneedles and others. On the basis of material, the market is segmented into polymer, glass, silicon and others. The sectors segment of the market is divided into industrial and healthcare. The global microfluidics market based on end-user is segmented into hospitals, research laboratories & academia and industrial R&D.
  • Microfluidics is the science which usually deals with the producing & designing of the devices whose function is to manage the quantity of the liquid. It is very beneficial as they have the ability to reduce the sample & reagent consumptions, reduce the overall cost of applications and also decreases time of experiments. Few of the common components of the microfluidics are micro pumps, microneedles, microfluidic chips and others. They are widely used in applications such as genetic analysis, biochemical assays, blood- cell- separation equipment and others.  

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Key Pointers Covered in the Microfluidics Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • PerkinElmer Inc.
  • IDEX
  • Abaxis
  • Abbott
  • Agilent Technologies, Inc
  • Akonni Biosystems, Inc.
  • Aviva Biosciences
  • Cepheid.
  • Bio-Rad Laboratories, Inc
  • Hewlett Packard Enterprise Development LP
  • RainDance Technologies, Inc.
  • Thermo Fisher Scientific Inc.

Above are the key players covered in the report, to know about more and exhaustive list of microfluidics companies, contact us

Research Methodology: Global Microfluidics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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