Global Microfluidics Market Outlook, Opportunities And Strategies – Includes Microfluidics Market Size
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The global microfluidics market is expected to grow from $6.07 billion in 2021 to $6.86 billion in 2022 at a compound annual growth rate (CAGR) of 13.10%. The global microfluidics market size is expected to grow to $10.79 billion in 2026 at a compound annual growth rate (CAGR) of 11.99%.
The rising demand for advanced and better point-of-care testing in the healthcare industry is driving the microfluidics market.
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The microfluidics market consists of the sales of microfluidics solutions and services by entities (organizations, partnerships, and sole proprietors) that refer to devices that perform chemical analysis on small amounts of liquid, such as a droplet (blood). Microfluidic devices comprise microchannels ranging from a few microns to several millimetres, and they operate using a pump and a chip. Microfluidics based devices evolved as an alternative to conventional laboratory techniques, as they have the potential to carry out complete laboratory protocols on a single small chip.
By Material: Silicon-Based Microfluidics, Glass-Based Microfluidics, Polymer-Based Microfluidics
By Application: Industrial and Environmental, Drug Delivery, Pharmaceutical and Life Science Research, Analysis, Clinical and Veterinary Diagnostics
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global microfluidics market in 2021.
Product innovations are contributing to the rapid growth of the microfluidics market. The companies operating in the microfluidics sector are developing innovative products to meet fast-growing industry demand and strengthen their market position.
TBRC’s Microfluidics Market Report Covers:
Major Market Players: Illumina, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific, Qiagen, Elveflow, Cellix Ltd., Fluidigm Corporation, Fluigent SA, Zeon Corporation, Innovative Biochips, LLC, Dolomite Microfluidics, Idex Corporation, and UFluidix.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Microfluidics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides microfluidics market overviews, analyzes and forecasts market size, share, microfluidics market players, microfluidics market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s microfluidics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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