Microfluidics Market is Projected to See Huge Profits of $31.6 Billion By 2027 “The global microfluidics market size is estimated to touch USD 31.6 billion by 2027. It is expected to develop by 11.3% CAGR during the period of the forecast.”
The Global Microfluidics Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Microfluidics Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Microfluidics Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Microfluidics Market based on current & future analysis depending on historic data also featured in this Report. The global microfluidics market size is estimated to touch USD 31.6 billion by 2027. It is expected to develop by 11.3% CAGR during the period of the forecast. Due to the presentation of fresh technology, for example digital microfluidics, the requirement for the microfluidics centered procedures is projected to surge. These procedures permit on-chip biochemical investigation, thus encouraging the implementation. Increase in the acceptance of microfluidics, intended for the point-of-care diagnostics, is anticipated to comprise a considerable influence, on the progress of the market. By now, the manufacturing companies such as Danaher, Abbott, and Roche, have integrated this technology in their current diagnostic procedure, and are looking at the range of digital microfluidics. For illustration, Minicare I-20, handheld apparatus of Philips, offers precise as well as speedy results for the diagnosis of heart attack.
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Further key findings from the report suggest: • Due to the growth in the aged people, requirement for the point-of-care diagnostic tests is increasing, in addition to that the existence of educational institutes like the Institute of Micro chemical Technology (IMT), Japan, which are paying attention on microfluidics centered research; Asia Pacific is estimated to observe the highest development of the microfluidics market. • In 2019, Polydimethylsiloxane (PDMS), by material, held the biggest share of the revenue. Owing to its elastomeric features, permeability, strength, biocompatibility, visual clearness, along with the cheap price tag, the material is utilized to produce microfluidics based devices. • RT-PCR & PCR were the medicinal technologies, generating the major revenue in 2019. The sector is estimated to keep hold of its lead, all over the period of the forecast. Digital PCR, together with microfluidics device, permit a big amount of PCR response, which is to be automatically circulated in Nano sized measurements. • North America ruled the global market in 2019, and is estimated to hold its domination, during the phase of investigation. Presence of top companies in the region, accessibility of the capital for the research, in addition to the funds, along with the introduction of new technologies of sample volume screening, impels the market in North America. • The organs-on-chip application sector is estimated to record the maximum CAGR, all over the forecast period. The technique is capable to potentially decrease the failure percentage in the drug development, by this means decreasing the period as well as funds, linked with the development process of a medicine. • The healthcare sector ruled the market, by means of the technology, due to the growth in demand for innovative molecular analytical examinations, by way of improved sensitivities, smaller turnaround period, as well as augmented precision at negligible prices. Million Insights segmented the global microfluidics market based on Material, Application, Technology and Region. Microfluidics Technology Outlook (Revenue, USD Million, 2016 - 2027) • Medical/Healthcare • PCR & RT-PCR • Gel Electrophoresis • Microarrays • ELISA • Others • Non-Medical Microfluidics Application Outlook (Revenue, USD Million, 2016 - 2027) • Lab-on-a-chip • Medical • Non-Medical • Organs-on-chips • Medical • Non-Medical • Continuous flow microfluidics
• Medical • Non-Medical • Optofluidics and microfluidics • Medical • Non-Medical • Acoustofluidics and microfluidics • Medical • Non-Medical • Electrophoresis and microfluidics • Medical • Non-Medical
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Microfluidics Material Outlook (Revenue, USD Million, 2016 - 2027) • Silicon • Glass • Polymer • PDMS • Others Microfluidics Regional Outlook (Revenue, USD Million, 2016 - 2027) • North America • U.S. • Canada • Europe • U.K. • Germany
• France • Asia Pacific • India • China • Japan • Latin America • Brazil • Mexico • Middle East & Africa • South Africa
Companies Some of the companies for microfluidics market are: • Fluidigm Corporation • Cellix Ltd. • Biomérieux • Thermo Fisher Scientific • Life Technologies Corporation • Bio-Rad Laboratories, Inc. • PerkinElmer, Inc. • Illumina, Inc. • Micronit Micro Technologies B.V. • Elveflow • Qiagen • Abbott Laboratories • Danaher Corporation • Agilent Technologies, Inc. • F. Hoffmann-La Roche Ltd.
Table of Contents:Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3 Microfluidics: Market Variables, Trends & Scope Chapter 4 Microfluidics: Product Estimates & Trend Analysis Chapter 5 Microfluidics: Application Estimates & Trend Analysis Chapter 6 Microfluidics: End-use Estimates & Trend Analysis Chapter 7 Microfluidics: Industrial End-use Estimates & Trend Analysis Chapter 8 Microfluidics: Regional Estimates & Trend Analysis Chapter 9 Competitive Landscape Chapter 10 Microfluidics: Manufacturers Company Profiles
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