We have an updated report [Version - 2023] available. Kindly sign up to get the sample of the report.
Healthcare and Pharmaceuticals industry

Global Microfluidic Market Size Share Forecast 2024




 

Overview:

A technology that has developed out of the need for more precise and efficient fluid management in laboratories is microfluidics. Microfluidics describes the ability to observe and manipulate minute quantities of fluid within a complexly complex environment at extremely high efficiencies. It is now one of the most important tools in the field of applied science, offering applications in everything from antimicrobial solutions to tissue engineering. One of the most promising applications for microfluidics technology is its use in medical and pharmaceutical manufacturing. With the development of new microscopic technology, it is now possible to manufacture exact volumes of specialized medical fluid using customized microfluidic devices.

The global microfluidic market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.

Drivers:

The increasing prevalence of drug manufacturers in the world is the main factor that is expected to enhance the growth of the global microfluidic market. For instance, according to India Brand Equity Foundation, the domestic pharmaceutical sector consists of a network of 3,000 drug companies and more than 10,500 manufacturing units. The key component of microfluidics is its use of tiny capillary electrophoresis tubes. Capillary electrophoresis is the process of pumping an electric current through a thick fluid sample in order to generate a localized electric field. When this field interacts with the biological molecules in the liquid sample, a chemical reaction occurs that changes the physical structure of the material, making it possible to alter the molecular composition of the sample by manipulating its vibrational state. There are several methods for using microfluidics in laboratories. Some of the most common microfluidic processes include electrophoresis, gel electrophoresis, bead electrophoresis, capillary electrophoresis, biologically engineered nano-emulsification, and carbon adsorption. Moreover, the increasing presence of biotechnology labs in the world is estimated to boost the growth of the global microfluidic market.

Restraints:

The absence of skilled personals in the biotechnology field is expected to hinder the growth of the global microfluidic market.

Regional Insights:

In regions, North America is expected to hold a major share of the global microfluidic market, owing to the prevalence of biotechnology companies in the region. For instance, according to Seed Scientific, there are currently around 6,653 biotech companies in the United States. Moreover, the increasing prevalence of key market players in the region is assessed to aid the market growth. Furthermore, Asia Pacific is expected to witness significant growth in the global microfluidic market owing to the increasing investment in drug development research and studies along with the prevalence of chronic diseases in the region.

Competitive Section:

Key players operating in the global microfluidic market include Abbott Laboratories, Fluidigm Corporation, F. Hoffmann-La Roche Ltd., Illumina Inc., Dickinson and Company, Becton, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., Perkinelmer, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Fortive Corporation, Cellix Limited, Elveflow, Dolomite microfluidics, Camozzi Automation SPA Societá Unipersonale, Aignep S.P.A., Fluigent SA, IDEXX Corporation, SMC Corporation, and Parker Hannifin Corporation.

In March 2020, Parker-Hannifin Corporation (US) introduced a linear motor proportional valve, called LM-Pro for the ventilators market.

In March 2020, Bio-Rad Laboratories Inc. (US) introduced the SARS CoV-2 Standard in order to aid laboratory validation of COVID-19 testing.

Key features of the study:

  1. This report provides in-depth analysis of microfluidic market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
  2. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  3. This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by the leading players
  4. It profiles leading players in the global microfluidic market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  5. Key companies covered as a part of this study include Abbott Laboratories, Agilent Technologies, Thermo Fisher Scientific Inc., Qiagen N.V., Bio-Rad Laboratories, Inc. , F. Hoffmann-La Roche Ltd, Fluidigm Corporation, Danaher Corporation, PerkinElmer Inc., Siemens Healthcare GmbH, and Micronit Microfluidic BV
  6. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, product innovation, market expansion, and marketing tactics
  7. The global microfluidic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  8. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the microfluidic market

Detailed Segmentation:

Global Microfluidic Market, By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other Materials- Based (Paper & Ceramics) Microfluidic

Global Microfluidic Market, By Application:

In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

Global Microfluidic Market, By Geography:

North America

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other


By Application:

In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

U.S.
Canada


Latin America

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other

By Application:

In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

Brazil
Mexico
Rest of Latin America


Europe

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other

By Application:


In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe


Asia Pacific

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other


By Application:


In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific


Middle East

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other


By Application:


In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

GCC
Israel
Rest of Middle East


Africa

By Material Type:

Silicon-Based Microfluidic
Glass-Based Microfluidic
Polymer-Based Microfluidic
Other


By Application:


In Vitro Diagnostic Devices
Drug Delivery Devices
Monitoring Devices

By Country:

South Africa
Central Africa
North Africa


Company Profiles

Abbott Laboratories*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments

Agilent Technologies
Thermo Fisher Scientific Inc.
Qiagen N.V.
Bio-Rad Laboratories, Inc.
F. Hoffmann-La Roche Ltd
Fluidigm Corporation
Danaher Corporation
PerkinElmer Inc.
Siemens Healthcare GmbH
Micronit Microfluidic BV


“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents
1. Research Objective and Assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Overview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet, By Material Type
? Market Snippet, By Application
? Market Snippet, By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Market Trends
o Impact Analysis
o Regulatory Scenario
o Recent Launches
o Mergers & Acquisitions
o Product Evolution
o Future Prospects
o PEST Analysis
4. Global Microfluidic Market, By Material Type, 2017-2025, (US$ Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, 2017-2025
? Segment Trends
o Silicon-Based Microfluidic
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
o Glass-Based Microfluidic
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
o Polymer-Based Microfluidic
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
o Others
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
5. Global Microfluidic Market, By Application, 2017-2025, (US$ Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, 2017-2025
? Segment Trends
o In Vitro Diagnostic Devices
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
o Drug Delivery Devices
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
o Monitoring Devices
? Introduction
? Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
6. Global Microfluidic Market, By Region, 2017 - 2025, (US$ Million)
o Introduction
? Market Share Analysis, By Region, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, For Regions, 2017-2025
o North America
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? U.S.
? Canada
o Latin America
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? Brazil
? Mexico
? Rest of Latin America
o Europe
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? Germany
? U.K.
? France
? Italy
? Spain
? Russia
? Rest of Europe
o Asia Pacific
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? China
? India
? Japan
? Australia
? South Korea
? ASEAN
? Rest of APAC
o Middle East
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? GCC
? Israel
? Rest of Middle East
o Africa
? Market Size and Forecast, By Material Type, 2017-2025, (US$ Million)
? Market Size and Forecast, By Application, 2017-2025, (US$ Million)
? Market Size and Forecast, By Country, 2017-2025, (US$ Million)
? South Africa
? Central Africa
? North Africa
7. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3x3 Matrix)
o Company Profiles
? Abbott Laboratories
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Agilent Technologies
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Thermo Fisher Scientific Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Qiagen N.V.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Bio-Rad Laboratories, Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? F. Hoffmann-La Roche Ltd
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Fluidigm Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Danaher Corporation
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? PerkinElmer Inc.
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Siemens Healthcare GmbH
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Micronit Microfluidic BV
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
o Analyst Views
8. Section
o References
o Research Methodology
o About us and Sales Contact
*Browse 30 market data tables and 35 figures on "Microfluidic Market - Global forecast to 2025".

 



Frequently Asked Questions

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Mn Units).
Market is segmented by Product Types, Drug Class, Indication, Applications, Services Types, End-users, Distribution channel, and Regions.
The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, pipeline Analysis, incidence rate, epidemiology analysis, prevalence rate, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions.
Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Get In Touch

In search of customized market research solution? We are here to help you. Contact us.