Owing to the emergence of new technologies such as digital Microfluidics, demand for microfluidic-based instruments is projected to grow.
Vancouver, BC -- (SBWIRE) -- 04/13/2021 -- The global Microfluidics Market is expected to reach USD 29.43 Billion by 2027, according to a new report by Emergen Research. Increasing usage of Microfluidics to enhance healthcare, enabling early identification of pathogens, expanded flexibility, and simple tracking to target underserved and remote communities would fuel demand development for the Microfluidics market.
The latest market report offers an in-depth analysis of quantitative and qualitative factors affecting the industry growth. Such elements of the report, along with the growth forecast over the foreseeable future, enable the reader to obtain meaningful insights into the global market.
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Key Highlights From The Report
The medical technology led the revenue-based market. Microfluidics offers POC diagnostics with three key benefits: quicker processing times, smaller sample sizes, and reduced test costs. Such advantages are being utilized slowly to establish POC instruments for the treatment and prevention of different illnesses, from cancer to infectious diseases.
The demand for polymer related microfluidics is projected to witness healthy development over the forecast timeline. The industry boosting aspect would be the wide variety of applications of polymer-based Microfluidics in the area of tissue engineering, medicine, and biology.
The laboratory-on-a-chip category accounted for a large share of the microfluidics industry in 2019 and is projected to retain its supremacy throughout the forecast period. Lab-on-a-chip offers fast detection speed and also helps the DNA probes to be sequenced easily.
Key participants include Fluidigm Corporation, F. Hoffmann-La Roche Ltd., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Abbott Laboratories Thermo Fisher Scientific, Micronit Micro Technologies B.V., Life Technologies Corporation, Danaher Corporation, Illumina Inc., and PerkinElmer Inc, among others.
Microfluidics Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Microfluidics Market on the basis of technology, material, application, and region:
Technology Outlook (Revenue: USD Billion; 2017-2027)
Medical
Non-Medical
Material Outlook (Revenue: USD Billion; 2017-2027)
Silicon
Glass
Polymer
PDMS
Others
Application Outlook (Revenue: USD Billion; 2017-2027)
Lab-on-a-chip
Organs-on-chips
Continuous flow microfluidics
Optofluidics and Microfluidics
Others
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Additional information offered by the report:
A complete overview of the global Microfluidics market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Microfluidics market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Microfluidics Market Segmentation & Impact Analysis
4.1. Microfluidics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. High incidence rate of lifestyle diseases
4.2.2.2. Miniaturization, integration, and automation of precious complex chemical, biological, and physical assays
4.2.3. Market restraints analysis
4.2.3.1. Lack of proper healthcare research infrastructure in emerging markets
4.2.3.2. Lack of proper regulatory framework
4.2.3.3. Improper implementation of clinical practice guidelines
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Microfluidics Market By Technology Insights & Trends, Revenue (USD Million)
5.1. Technology Dynamics & Market Share, 2019 & 2027
5.1.1. Medical
5.1.2. Non-Medical
Chapter 6. Microfluidics Market By Material Insights & Trends Revenue (USD Million)
6.1. Material Dynamics & Market Share, 2019 & 2027
6.1.1. Silicon
6.1.2. Glass
6.1.3. Polymer
6.1.4. PDMS
6.1.5. Others
CONTINUED..!!
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