Microfluidics Market by Component (Microfluidic Chips, Micro Pumps, Micro Needles, and Others), by Material (Polymer, Silicone, and Glass), and by Application (Drug Delivery, High-Throughput Screening, Point-of-Care Diagnostics, Clinical Diagnostics, and Lab Analytics): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global microfluidics market expected to generate around USD 12,380 million by 2025, at a CAGR of around 11.6 % between 2019 and 2025. Microfluidics is a science of manipulating and controlling small amounts of fluids, especially in microliters and Pico-liters inside small tunnels and chips.

16-Apr-2019 | Number of pages: 110 | Report Code: ZMR-4035 | Report Format : | Status : Published

Analysis

Microfluidics is a science of manipulating and controlling small amounts of fluids, especially in microliters and Pico-liters inside small tunnels and chips. These fluids have numerous applications in the healthcare industry, as they have made handling of fluids in the laboratory much easier and reduced the use of reagents and samples. A very small amount of this fluid is required for testing that offers an effective alternative to conventional laboratory techniques. This makes things much simpler and faster as compared to conventional technologies along with having a wide range of application in various industries.

There are various factors expected to drive the global microfluidics market in the future, include wide applications of microfluidics in various areas, such as glucometer kits, pregnancy test kits, etc., increasing point-of-care diagnostics, rising in vitro diagnostics, growing prevalence of chronic diseases like diabetes. As per the International Diabetes Federation 2017, there were around 425 million adults living with diabetes and the diabetic population is expected to reach around 629 million by 2045. Moreover, the increased use of portable devices and augmented demand for faster results for quicker diagnosis and treatment are also expected to promote the microfluidics market over the forecast time period. On the other hand, the increasing applications of microfluidics technology will create ample opportunities in the microfluidics market in the future. However, complex regulatory approval process and low adoption in developing countries due to high prices may inhibit the growth of the global microfluidics market over the forecast time period.

Global Microfluidics Market

The global microfluidics market is classified into material, component, and application. Based on component, the microfluidic market includes micro needles, micro pumps, microfluidic chips, and others. Microfluidic chips held the largest market share in 2018. Based on material, the microfluidics market includes silicone, glass, and polymer. The polymer segment is expected to dominate the microfluidics market over the forecast time period. Based on application, the microfluidics market includes point-of-care diagnostics, high-throughput screening, drug delivery, clinical diagnostics, and lab analytics. Point-of-care diagnostics are expected to dominate the microfluidics market over the estimated timeline.

By region, North America is anticipated to lead the global microfluidics market which will be closely followed by Europe in the future. The Asia Pacific microfluidics market is expected to grow rapidly in the future, due to the presence of developing economies, such as India and China, and various technological advancements.

Some key players of the global microfluidics market include Danaher Corporation, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Agilent Technologies, PerkinElmer, and F. Hoffmann La-Roche Ltd.


Related Reports

Infrared Thermometer Market by Product Type (In-ear, Forehand, and Others), and Application (Medical and Veterinary): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5356 | Report Format:

The report covers forecast and analysis for the infrared thermometer market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the infrared thermome...Read More

Medical Oxygen Cylinder Market by Type (Portable and Fixed), and Application (Respiratory Department, Emergency Room, Household, Operating Room, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5355 | Report Format:

The report covers forecast and analysis for the medical oxygen cylinder market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the medical oxygen...Read More

Artificial Disc Market – By Type (Lumbar Artificial Disc and Cervical Artificial Disc), By Material (Metal-On-Biopolymer and Metal-On-Metal), And By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5311 | Report Format:

This report analyzes and estimates the artificial disc market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the artificial disc mar...Read More

Medical Equipment Financing Market – By Type (Refurbished Equipment, New Medical Equipment, and Rental Equipment), By Equipment (Patient Monitoring Equipment, Diagnostic Equipment, Laboratory Equipment, Therapeutic Equipment, and Medical Furniture), By End-Use [Hospitals, Laboratories & Diagnostic Centers, Clinics, Ambulatory Surgical Centers (ASCs), and Others], and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5285 | Report Format:

This report analyzes and estimates the medical equipment financing market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the medical...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.