Microfluidics Market Analysis Report, Size, Share, Trends, Growth, Demand, Forecast, Research, Applications, Types and Outlook 2027

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Posted by ellena on 01-04-21
Microfluidics Market Analysis Report, Size, Share, Trends, Growth, Demand, Forecast, Research, Applications, Types and Outlook 2027

Owing to the emergence of new technologies such as digital Microfluidics, demand for microfluidic-based instruments is projected to grow. Microfluidics Market Size – USD 13.10 billion in 2019, Microfluidics Market Growth - CAGR of 10.6%, Microfluidics Industry trends – High demand from developing nations.

The global microfluidics market size was valued at USD 13.10 Billion in 2019 and is anticipated to reach USD 29.43 Billion by 2027 at a CAGR of 10.6%. Increasing competition for point-of-care devices (POCs) is projected to push the industry dramatically. The application of Microfluidics has made it possible to shift conventional laboratory procedures to the lab-on-a-chip. Microfluidics provides a good return on investment and aims to reduce mistakes in cost management. Microfluidics has been used extensively in the manufacturing of a wide variety of consumer products.

The latest industry intelligence research on the Microfluidics Market offers a repository of valuable data on the size, share, and growth rate of the Microfluidics Market for the forecast period, 2020 - 2027. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2020 - 2027 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.

Read [email protected] https://www.emergenresearch.com/industry-report/microfluidics-market

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.

North America dominated the market for Microfluidics in 2019. The region's consistent focus on cost-effective and innovative procedures that are adopted in the area is driving the market. The North America region held approximately 39.8% of the market, followed by the Asia Pacific, in the year 2019

Major Companies

• 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.
• PerkinElmer

You Can Download Free Sample PDF Copy of Microfluidics Market at https://www.emergenresearch.com/request-sample/35

Segments Covered in this Report

Technology Outlook (Revenue: USD Billion; 2017-2027)
Material Outlook (Revenue: USD Billion; 2017-2027)
Application Outlook (Revenue: USD Billion; 2017-2027)
Continuous flow microfluidics
Optofluidics and Microfluidics
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Asia Pacific
Latin America

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
Chapter 5. Microfluidics Market By Technology Insights & Trends, Revenue (USD Million)
Chapter 6. Microfluidics Market By Material Insights & Trends Revenue (USD Million)
Chapter 7. Microfluidics Market By Application Insights & Trends Revenue (USD Million)
Chapter 8. Microfluidics Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles

Key questions answered by the report

At what rate will the Microfluidics Market grow?
What will be the value of the market in 2027?
What are the key technologies driving the Microfluidics Market?
What would be the impact of the Microfluidics Market across different regions?
What are the strategies adopted by players to enter the APAC region?
What is the critical application of the Microfluidics Market in the different sectors?
What are future growth strategies in the market?

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