New York, NY -- (SBWIRE) -- 02/25/2020 -- Market Industry Reports (MIR) has published a new report titled "Microfluidics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2030." According to the report, the global microfluidics market is estimated to be around US$ 10.2 billion in 2017. It is anticipated to grow at a double digit CAGR from 2019 to 2030.

The continual increase in the number of infectious diseases worldwide has presented a bright prospect for the growth of global microfluidics market. Other factors such increasing healthcare funding coupled with adoption of new technologies are anticipated to contribute substantially to the growth of the global microfluidics market between 2019 and 2030.Moreover, various universities are supporting the microfluidics technology and expanding its applications. University like University of Waterloo (Canada), Stanford University, University of Colorado (US), and Norwegian University of Science and Technology provide education on the topic of microfluidics.

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Major Players in the Microfluidics Market

The prominent players in the global microfluidics market are Agilent Technologies, Danaher, Thermo Fisher Scientific, Becton, Dickinson and Company, PerkinElmer, Qiagen, Abbott Laboratories, Fluidigm Corporation, Illumina, Inc., and F. Hoffmann-La Roche AG, among others.

Rapid Growth of the Asia Pacific Market

Asia Pacific is estimated to witness the highest CAGR during the forecast period. Rising healthcare expenditure in developing countries and increasing burden of infectious diseases is anticipated to present a lucrative growth scenario for the microfluidics market in this region. Furthermore, improving healthcare facilities, coupled with growing awareness among the population in the region is expected to present an attractive growth prospect for the market in the coming years.

Objectives of the study:

To analyze the prominent players in the Microfluidics Market with respect to their growth and their contribution in the overall market share
To focus on the key components of the Microfluidics Market individually, to study the region where most sales takes place, value of the entire Microfluidics market size and development plans regarding the products in the future
To strategically identify the top grossing vendors in the Microfluidics Market and map out the growth strategies employed by them
To analyze the Microfluidics Market in regards of sales, value and growth till the year 2025
To map out several opportunities in Microfluidics Market for the stakeholders by recognizing the highest growing market opportunities and presenting it to them
To keep an eye out on any recent ongoing developments related to the Microfluidic Market
To focus on the key components of the Microfluidic Market individually, to study the region where most sales takes place, value of the entire Microfluidics market size and development plans regarding the products in the future

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Table of Contents

INTRODUCTION
Market Definition
Market Ecosystem
Market Classification
Geographic Scope
Years Considered for the Study
Historical Years – 2016 & 2017
Base Year – 2018
Forecasted Years – 2019 to 2030
Currency Used for the Study
Report Beneficiary List

RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottoms Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations of the Study
Assumptions of the Study

ABSTRACT OF THE STUDY

MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities

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