Materials & Chemicals / Microfluidics Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Illumina Inc.(NASDAQ: ILMN), PerkinElmer Inc.(NYSE: PKI), Zoetis (NYSE: ZTS), Thermo Fisher Scientific
Microfluidics Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Illumina Inc.(NASDAQ: ILMN), PerkinElmer Inc.(NYSE: PKI), Zoetis (NYSE: ZTS), Thermo Fisher Scientific
The global Microfluidics Market will register a 16.7% cagr in terms of revenue, the global market size will reach us$ 17.90 million by 2027.
Microfluidics Market Overview
The current market is experiencing significant technological advances. Microfluidics advancements are also enabling the development of a cost-effective diagnostic device mass-production method, and cellphones linked with microfluidics are enabling the deployment of point-of-care testing. This has broadened the scope of microfluidic device applications, which is projected to continue in the future.
The vendor landscape in the worldwide microfluidics market is fragmented due to the huge number of companies. The presence of a high number of players further intensifies the competitiveness. Danaher Corporation, PerkinElmer Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., and Thermo Fisher Scientific Inc. are among the major players in the worldwide microfluidics market.
Microfluidics is a type of technology that uses microchannels to manipulate and control fluids at scales ranging from microliters to picoliters. It is the technology of manipulating fluids in channels with diameters of tens of micrometres; it has emerged as a unique new area of research in recent years as a result of its use in a variety of domains, including chemistry, biology, medicine, and physical sciences. It is a highly successful technology for achieving rapid analysis, accuracy in test results, and minimising the cost of drug development.
A considerable number of cases are being tested, putting a strain on labs. By managing patients with positive test results, the healthcare sector can save lives by reducing the number of unnecessary visits to health centres. Microfluidics is the science of manipulating very small amounts of fluid in micron-sized channels and chambers. As a result of the enormous potentials of microfluidic technology, researchers may control fewer samples and reagents with greater efficiency and produce findings faster than traditional approaches.
Who are the major players in Microfluidics Market?
Top key players in the Microfluidics market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Microfluidics market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Illumina Inc.(NASDAQ: ILMN), PerkinElmer Inc.(NYSE: PKI), Zoetis (NYSE: ZTS), Thermo Fisher Scientific, Fluidigm Corporation (NASDAQ: LAB), Roche (OTCMKTS: RHHBY), Philips (NYSE: PHG), Chemyx, UFluidix, Danaher (NYSE: DHR), 908 Devices, ALine, Micronit Microtechnologies, Fluigent SA, Dolomite Microfluidics (Blacktrace Holdings Ltd), ZEON CORPORATION
Industry News;
Illumina Acquires Advanced Liquid Logic, Leader in Digital Microfluidics Solutions
Jul. 23, 2013-- Illumina, Inc. (NASDAQ:ILMN) today announced that it has acquired Advanced Liquid Logic (ALL), a leading provider of liquid handling solutions. ALL, now a wholly owned subsidiary of Illumina, has developed a proprietary “digital microfluidics” technology based on electrowetting that precisely manipulates small droplets within a sealed disposable cartridge to perform complex laboratory protocols. This proven technology will enable Illumina to deliver the simplest and most efficient sample-to-answer next-generation sequencing (NGS) workflow.
What are the major applications, types and regions for Microfluidics Market?
Market is segmented based on the type, applications, companies and regions.
By type, Microfluidics Market has been segmented into
Microfluidic Chip
Microfluidic Pump
Others
The end user’s industry application on Microfluidics Market is,
In Vitro Detection
Pharmaceutical Industrial
Others
Microfluidics Market regional analysis
North America dominated the global microfluidics market, with Europe, Asia Pacific, and Latin America following closely behind. In North America, the microfluidics market is characterised by growing investments in the development of lab-on-a-chip systems, growing academic and government investments in genomics and proteomics research, rising demand for PoC testing, rising demand for high-quality research tools for data reproducibility, rising incidence of chronic diseases, availability of insurance coverage for laboratory testing procedures, sufficient reimbursements for medical devices, and a growing demand for high-quality research tools for data reproducibility.
North america
Us
Canada
Europe
Germany
France
Uk
Italy
Spain
Rest of europe
Asia-pacific
China
Japan
India
Australia
South korea
Rest of asia-pacific
Rest of the world
Middle east & africa
Latin america
The Microfluidics market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Microfluidics market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Microfluidics Market report scope?
Report attributes
Report details
Report title
Microfluidics Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Illumina Inc.(NASDAQ: ILMN), PerkinElmer Inc.(NYSE: PKI), Zoetis (NYSE: ZTS), Thermo Fisher Scientific, Fluidigm Corporation (NASDAQ: LAB)
Forecast period 2022 to 2028 cagr
Cagr of 16.7% over the forecast period (2022-2027)
Yes, the report can be customized as per your needs
Key takeaways from this evaluation Microfluidics report
Evaluate Microfluidics market potential through analyzing growth rates (cagr %), volume (units) and value ($m) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, swot and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Microfluidics market entropy - m&a's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently asked questions
What is the study period of this Market?
The Microfluidics market is studied from 2017 - 2027.
What is the growth rate of Microfluidics Market?
The Microfluidics market is growing at a cagr of 16.7% over the next 5 years.
What regions does this Microfluidics Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Microfluidics Market?
Microfluidic Chip, Microfluidic Pump, Others
What are the major end-use applications of the Microfluidics Market?
In Vitro Detection, Pharmaceutical Industrial, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
