Europe Microfluidics Market, By Product Type (Microfluidic Chips, Microfluidic Sensors, Microfluidic Pumps, Microneedles, Others), Material (Polymer, Glass, Silicon, PDMS, Other), Application (In Vitro Diagnostics, Pharmaceutical and Life Science Research and Manufacturing, Therapeutics), End Users (Hospitals, Industrial R&D, Research Laboratories and Academia), Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2027
Europe microfluidics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to grow at a CAGR of 19.4% in the above-mentioned forecast period.
The faster testing and enhanced portability through microfluidic chip miniaturization has been driving the market and is acting as a potential driver for the Europe microfluidics market over the forecast period of 2020 to 2027. The rising focus on data precision and accuracy is also contributing towards the growth of the target market. The increasing demand for point-of-care testing, fast returns on investment, rising application scope in biology, chemistry, optics and information technology, advancements in microfluidics products and increasing applications of drug delivery technologies are also increasing the Europe microfluidics market size. Moreover, the ingress of new players and launch of new and advanced products is actively driving the growth of the target market. In addition, the appearance of microfluidic-based 3D cell culture systems, such as organ-on-a-chip and increasing applications of microfluidics will shed various growth opportunities for the Europe microfluidics market in the above mentioned forecast period.
However, the intricate and time-consuming regulatory approval process along with the integration of microfluidics into existing workflows will obstruct the growth of the Europe microfluidics market in the forecast period of 2020 to 2027. The standardization/commercialization of microfluidic devices will pose as challenge towards the growth of the market in the above mentioned forecast period.
This Europe microfluidics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe microfluidics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Microfluidics Market Scope and Market Size
Europe microfluidics market is segmented on the basis of product type, material, application and end users. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the Europe microfluidics market is segmented into microfluidic chips, microfluidic sensors, microfluidic pumps, microneedles and others.
- On the basis of material, the Europe microfluidics market is segmented into polymer, glass, silicon, PDMS and others.
- The application segment is segmented into in vitro diagnostics, pharmaceutical and life science research and manufacturing and therapeutics. In vitro diagnostics is further segmented into point-of-care testing, clinical diagnostics and veterinary diagnostics. Pharmaceutical and Life Science Research and Manufacturing is further segmented into lab analytics, microdispensing and microreaction. Lab analytics is further segmented into proteomic analysis, genomic analysis, cell-based assay and capillary electrophoresis. Therapeutics has further been segmented into drug delivery and wearable devices.
- Based on end users, the Europe microfluidics market is divided into hospitals, industrial R&D and research laboratories and academia.
Europe Microfluidics Market Country Level Analysis
Europe microfluidics market is analyzed and market size insights and trends are provided by country, product type, material, application and end users as referenced above.
The countries covered in the Europe microfluidics market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and Rest of Europe in Europe.
U.K. region leads the Europe microfluidics market owing to the rapidly growing advancements and increasing funding.
The country section of the Europe microfluidics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Europe microfluidics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe microfluidics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe microfluidics market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Europe Microfluidics Market Share Analysis
Europe microfluidics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe microfluidics market.
The major players covered in the Europe microfluidics market report are Dolomite Microfluidics, Microfluidic ChipShop, Agilent Technologies, BD, Bio-Rad Laboratories inc., Danaher, Fluidigm Corporation, Illumina, Inc., Thermo Fisher Scientific inc., Microfluidic ChipShop and PerkinElmer among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Europe Microfluidics Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.