Microfluidics Market by Product (Devices, Components (Chip, Sensor, Pump, Valve)), Application (IVD (POC, Clinical, Veterinary), Research, Manufacturing, Therapeutics), End User (Hospital, Diagnostic Center, Academic Institutes), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The Microfluidics Market size is projected to reach a CAGR of 24.6% from 2022 to 2028.
Microfluidics is a medical approach involving the precise control of small fluid samples for medical analysis. The sample sizes in microfluidics range from microliters to picolitres. At such low volumes, the transportation of fluid is governed significantly by its mass.
Growing technological advancements in diagnostic devices, rising demand for microfluidics technology, and rising incidence of chronic diseases are some of the factors that have supported long-term expansion for Microfluidics Market.
The COVID-19 pandemic has impacted the overall microfluidics industry in positive ways. The demand for rapid diagnostic tests, POC tests, and IVD devices with microfluidic technology utilized in drug discovery and COVID-19 testing has witnessed a significant demand.
North America is expected to account for the largest share of the microfluidics market. North America has various additional advantages—investment initiatives by governments and the presence of high-quality infrastructure for clinical and laboratory research.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 24.6% during the forecasting period, 2022-2028 |
Historical Data |
2019-2020 |
Forecast Years |
2022-2028 |
Base Year |
2021 |
Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
Report Segmentation |
type, application, end user and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
uFluidix, Bio-Rad Laboratories Inc., Fluidigm Corporation, Illumina Inc. and PerkinElmer, Inc, Parker Hannifin Corporation, IDEXX Corporation, Fluigent SA, Aignep S.P.A., Camozzi Automation SPA Societá Unipersonale, Dolomite microfluidics |
Available Customization |
In addition to the market data for Microfluidics Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Microfluidics Market is segmented into type, application, end user and region.