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Global Microfluidics Market - Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Dec 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Microfluidics Market, By Product Type (Microfluidic-based devices and Microfluidic Components), Material (Polymer, Glass, Silicon, PDMS, Other), Application (In Vitro diagnostics, Point-of-Care Testing, Clinical Diagnostics, Pharmaceutical Research, Lab Analytics, Microdispensing, Microreaction, Drug Delivery, Laboratory Testing, High Throughput Screening), Sector (Industrial, Healthcare), End User (Hospitals & Diagnostic Centers, Academic & Research Institutes, Pharmaceutical & Biotechnology Companies), Country (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 the Middle East & Africa)-Industry Trends and Forecast to 2029

Microfluidics Market Market Analysis and Insights : Global Microfluidics Market

The microfluidics market is expected to witness market growth at a rate of 23.42% in the forecast period of 2022 to 2029. Data Bridge Market Research report on microfluidics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the number of clinical studies for cell-based therapies is escalating the growth of microfluidics market.

Microfluidics is referred to as a form of technology that deals with operating and controlling fluids to the degree of microliters to picoliters by using microchannels. It is the technology of fluid manipulation in channels with dimensions of tens of micrometres.

Major factors that are expected to boost the growth of the microfluidics market in the forecast period are the rise in the need of POC testing and the advancement advanced lab-on-a-chip technologies and the development of point-of-care (POC) devices. Furthermore, the growing attention on data precision and accuracy is further anticipated to propel the growth of the microfluidics market. Moreover, the swift testing and enhanced portability through microfluidic chip miniaturization is further estimated to cushion the growth of the microfluidics market. On the other hand, the complex and difficult regulatory approval process is further projected to impede the growth of the microfluidics market in the timeline period.

In addition, the development of microfluidic-based 3D cell culture systems and the rising applications of microfluidics in the life sciences & pharmaceutical industries will further provide potential opportunities for the growth of the microfluidics market in the coming years. However, the standardization/commercialization of microfluidic devices might further challenge the growth of the microfluidics market in the near future.

This microfluidics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 the 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. 

Global Microfluidics Market Scope and Market Size

The microfluidics market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications. 

  • On the basis of product type, the microfluidics market is segmented into microfluidic-based devices and microfluidic components. Microfluidic components is further sub segmented into microfluidic chips, flow & pressure sensors, flow & pressure controllers, microfluidic valves, micropumps, microneedles and other components.
  • On the basis of application, the microfluidics market is segmented into in vitro diagnostics, Pharmaceutical & Life Science Research and Manufacturing and Therapeutics. In vitro diagnostics is further sub segmented into clinical diagnostics, point-of-care testing and veterinary diagnostics. Pharmaceutical & life science research and manufacturing is further sub segmented into lab analytics, microdispensing and microreaction. Lab analytics is further sub segmented into proteomics, genomics, cell-based assays and capillary electrophoresis. Therapeutics is further sub segmented into drug delivery and wearable devices.
  • On the basis of end user, the microfluidics market is segmented into hospitals & diagnostic centers, academic & research institutes and pharmaceutical & biotechnology companies.

Microfluidics Market Country Level Analysis

The microfluidics market is analyzed, and market size insights and trends are provided by country, product type, application and end user as referenced above.      

The countries covered in the microfluidics market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the microfluidics market due to research institutes showing wide participation across the advancement of novel microfluidic devices. Furthermore, the occurrence of major key players will further boost the growth of the microfluidics market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the microfluidics market due to the rise in the government support for developed infrastructure and strong intellectual property rights ownership. Moreover, the growing demand for healthcare services is further anticipated to propel the growth of the microfluidics market in the region in the coming years.

The country section of the microfluidics market report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the 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

The microfluidics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the microfluidics market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the microfluidics market. The data is available for the historic period 2010-2020.

Competitive Landscape and Microfluidics Market Share Analysis

The microfluidics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global 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 the microfluidics market.

Some of the major players operating in the microfluidics market are Danaher Corporation, Thermo Fisher Scientific, PerkinElmer, Agilent Technologies, Bio-Rad Laboratories, Becton, Dickinson and Company, Illumina, Inc., F. Hoffmann-La Roche, Fluidigm Corporation, Dolomite Microfluidics, QIAGEN, Abbott Laboartories, bioMérieux, Microfluidic ChipShop, Elveflow, Cellix, Micronit Microtechnologies, Parker Hannifin Corp and Fortive among others.

Customization Available : Global 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.


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