Brilliant practice models and method of research applied while generating persuasive Microfluidics Market report reveals the best opportunities to thrive in the market. It encompasses a methodical investigation of existing scenario of the global market, which takes into account several market dynamics. This market report has been formulated with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. And for the same, Microfluidics Market research report also contains all the major topics of the market research analysis that includes market definition, market segmentation, competitive analysis, major developments in the market, and excellent research methodology.

The resources utilized for collecting the data and information covered in the superior Microfluidics Market report are very trustworthy and range from journals, company websites, and white papers etc. Moreover, businesses can achieve insights for profitable growth and sustainability programme with this report. The report is mainly distributed to the users in the form of PDF or spreadsheet. However, PPT format can also be given if the client has specified such requirement. So, to gain competitive advantage and to succeed in the market, try adopting this market research report. Additionally, collected and processed information of the world class Microfluidics Market business report is backed up by most preferred tools viz SWOT analysis and Porter’s Five Forces analysis on which businesses can rely boldly.

According to GLOBOCAN 2020, there were 19,282,789 new cancer cases worldwide in 2020, with a projected increase to 28,887,940 cases by 2040. As a result, global cancer incidence and modern healthcare facilities have been major drivers of market growth. ​​Furthermore, market participants have broadened their diagnostic platforms to include POC on microfluidic devices. As a result of the expansion of the range of POC diagnostics, there will be a significant expansion in microfluidics, which may enable the development of new devices.

Data Bridge Market Research analyses that the microfluidics market which was USD 23.17 billion in 2022, is expected to reach USD 70.93 billion by 2030, at a CAGR of 15.01% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Explore Further Details about This Research Microfluidics Market Report https://www.databridgemarketresearch.com/reports/global-microfluidics-market

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Microfluidic-based devices and Microfluidic Components), Material (Polymer, Glass, Silicon, Metal, Ceramics, PDMS, Other), Technology (Medical/Healthcare, Non-medical), Application (In Vitro diagnostics, Point-of-Care Testing, Clinical Diagnostics, Pharmaceutical Research, Lab Analytics, Microdispensing, Microreaction, Drug Delivery, Laboratory Testing, Analytical Testing, High Throughput Screening), Sector (Industrial, Healthcare, In-vitro Diagnostics, Environmental Research, Clinical Diagnostics), End User (Hospitals and Diagnostic Centers, Academic and Research Institutes, Pharmaceutical and Biotechnology Companies)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Danaher (U.S.), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer Inc. (U.S.), Agilent Technologies Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), BD (U.S.), Illumina, Inc. (U.S.), F. Hoffmann-La Roche (Switzerland), Fluidigm Corporation (U.S.), Dolomite Microfluidics (U.K.), QIAGEN (Germany) Abbott (U.S.), BIOMÉRIEUX (France), microfluidic ChipShop GmbH (Germany), Elveflow (France), Cellix Bio. (India), Micronit B.V. (Netherlands), PARKER HANNIFIN CORP (U.S.) and Fortive (U.S.)

Market Opportunities
  • Development of new products

 

Market Definition

Microfluidics is a technological method used to investigate the nature and characteristics of fluids. Its application entails the use of a set of tools for manipulating and controlling the chemical and biological processes of small volumes of fluids. It is also used in the production of microminiaturized devices with numerous tunnels and chambers through which fluids flow or are confined. In comparison to traditional fluid measuring devices, it requires fewer samples, the tools are smaller, and it provides excellent parameter control and data quality. As a result, it's commonly used for DNA analysis, cell separation and manipulation, and PCR amplification.

Global Microfluidics Market Dynamics

Drivers

  • Increased the demand for microfluidics tools

The global increase in COVID-19 cases has increased the demand for microfluidics tools. PCR is used in many approved tests, making it a preferred technique for COVID-19 diagnosis. To combat the increasing number of COVID-19 cases worldwide, several manufacturers have introduced products and increased production to meet the growing demand for IVD tests. When combined with microfluidics, the PCR technique can be accelerated, resulting in faster test results with high accuracy (from approximately 1 hour to less than 10 minutes). For instance, BeforCure, an Elvesys spin-off company, developed an ultra-fast PCR-on-chip system for virus detection. This product is based on Fastgen technology and takes advantage of microfluidics to provide test results in less than 30 minutes. Moreover, several studies are being conducted to evaluate the use of microfluidics in COVID-19 detection via PCR. These are the certain factors which help the market to grow.

  • Rise in demand of Point-of-care diagnostics (POC)

Point-of-care diagnostics (POC) is believed to be an important part of healthcare, particularly in disease diagnosis. Microfluidics technology is ideal for point-of-care diagnostics. This technology has the potential to provide rapid and affordable point-of-care diagnostic tools to aid in the COVID-19 pandemic. The demand for point-of-care molecular diagnostics is expected to increase in the future because point-of-care diagnostics enable the early detection of disease.

Opportunities

  • Development of new products

In March 2021, the Loschmidt laboratories team collaborated with ETH Zurich partners to create a microfluidic platform to effectively and rapidly investigate enzymes and their properties. The novel platform was already being used to develop new thrombolytics for stroke treatment and to study the evolution of bioluminescent enzymes. Furthermore, in November 2019, Panasonic Corporation and IMT collaborated to develop a technology for mass production of microfluidic devices using glass moulding. When compared to traditional glass etching techniques, this technology employs low-cost, high-accuracy mass production. These devices can be used for analysis and sensing in biological, environmental, and medical applications, and thus are expected to drive the microfluidics market during the forecast period.

The report can answer the following questions:

  • Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Microfluidics Market
  • Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Microfluidics Market
  • Different types and applications of Microfluidics Market share of each type and application by revenue.
  • Global of Microfluidics Market size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Microfluidics Market
  • Upstream raw materials and manufacturing equipment, industry chain analysis of Microfluidics Market
  • SWOT analysis of Microfluidics Market
  • New Project Investment Feasibility Analysis of Microfluidics Market

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Microfluidics Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Microfluidics Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Microfluidics Market size

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