Microfluidics Market Trends, Forecast 2030

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Microfluidics Market Size Worth USD 77.28 Billion
in 2030
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Rapid technological advancements in the field of
microfluidics and Point-of-Care testing and IVD
is a key factor driving microfluidics market
revenue growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global microfluidics market size reached USD
20.14 Billion in 2021 and is expected to register
a revenue CAGR of 16.1 during the forecast
period, according to latest analysis by Emergen
Research. Rapid technological advancements in the
field of microfluidics such as Point-of-Care
Testing (PoCT) and In-Vitro Diagnostics (IVD),
significant investments in research development
activities, rising demand for microfluidic
platforms for early disease detection and
pathogen identification, as well as increasing
applications of microfluidic platforms in various
healthcare industries are factors driving market
revenue growth. Microfluidics devices used for
diagnostic purposes offer rapid detection,
convenience of use, cost-effectiveness, and high
precision in identifying infectious diseases,
including HIV, HBV, and ZIKV. Use of microfluidic
chips in medicine reduces time between
identification and initiation of therapeutic
treatment, which is critical for patient
survival. Portable microfluidic kits can be
especially beneficial in areas where healthcare
facilities and services are poor.
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Market Summary
Some Key Highlights From the Report The polymer
segment accounted for a significantly robust
revenue share in 2021. Increasing demand from the
packaging industry due to low cost and
well-maintained fabrication techniques, for which
polymers are favored is a key factor driving
revenue growth of this segment. Poly(dimethylsilox
ane) (PDMS) is a preferred choice from among
these materials and has been widely used in
microfluidics for fast and quick prototyping
reasons, as it is easy to make and adheres
tightly to glass and PDMS substrates with greater
and improved optical transparency and elastomeric
characteristics. The microfluidic chip segment
accounted for a significantly large revenue share
in 2021. Microfluidic chips ae based on
miniaturization technology to enable entire
biochemical processes including reagent loading,
reaction, separation, and detection, to be
performed on a microchip. Densely interconnected
microfluidic chips are small, portable, and only
require a few consumables for early disease
detection. Microfluidic technologies such as LOC
technology, Three-Dimensional (3D) cell culture,
organs-on-a-chip, and droplet techniques have
advanced rapidly into various fields. Asia
Pacific market accounted for a moderate revenue
share in 2021. Rising demand from biomedical and
pharmaceutical sectors and in point-of-care
testing, increased prevalence of chronic
diseases, and increasing investments in RD
activities, particularly in Singapore, are key
factors driving market revenue growth. For
instance, a team of researchers from the
University of Bristol has developed a novel
low-cost and open-source 3D printing process for
producing microfluidic devices.
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Market Summary
Some Key Highlights From the Report Some major
companies in the global market report include
UFluidix, Quidel Corporation, biosurfit SA,
Abbott, Illumina, Inc., Abaxis, PerkinElmer Inc.,
Bio-Rad Laboratories, Inc., Hoffmann-La Roche
Ltd., and Becton Dickinson and Company
(BD). Request Free Sample Copy_at_
https//www.emergenresearch.com/request-sample/35
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Market Summary
Emergen Research has segmented the global
microfluidics market based on material type,
application, component, and region Material
Type Outlook (Revenue, USD Billion
2019-2030) Polymer Silicone Glass Others Applicati
on Outlook (Revenue, USD Billion
2019-2030) Point-of-Care Testing (POCT)
Diagnostics Drug Delivery Systems Pharmaceutical
and Biotechnology Research Clinical
Diagnostics Others Components Outlook (Revenue,
USD Billion 2019-2030) Microfluidic
Chips Micropumps Microneedles Others Read More_at_
https//www.emergenresearch.com/industry-report/mi
crofluidics-market
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Parameter Details
Market Size Estimation Period 2022-2030
Base Year Considered 2021
Historical Data 2019-2020
Forecast Period 2022-2030
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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