Microfluidics Market Size, Growth, Industry Share, Emerging Trends and Future Outlook
Microfluidics Market Share and Size Analysis
The Microfluidics Market was estimated to be worth USD 28,718 million in 2022, with a projected growth to reach USD 72,126 million by 2030, reflecting a compound annual growth rate (CAGR) of 12.2% during the forecast period from 2023 to 2030.
This robust market expansion is driven by the increasing adoption of microfluidic technologies across various industries. Microfluidics, a field that deals with the manipulation and control of small amounts of fluids, has gained significant traction due to its potential to revolutionize multiple sectors, including healthcare, pharmaceuticals, biotechnology, and electronics.
The rising demand for point-of-care testing, personalized medicine, and drug discovery applications has propelled the growth of the microfluidics market. The ability of microfluidic devices to perform precise and efficient fluid handling, along with their compact size and cost-effectiveness, has made them indispensable tools in these industries.
Furthermore, the ongoing advancements in microfluidic technologies, such as the integration of sensors, actuators, and microelectromechanical systems (MEMS), have further enhanced their capabilities and expanded their potential applications. These advancements have led to the development of innovative microfluidic devices that offer improved accuracy, sensitivity, and reliability, thereby driving their adoption in research laboratories and clinical settings.
Geographically, North America currently dominates the microfluidics market, owing to the presence of key market players, robust research infrastructure, and favorable government initiatives. However, the Asia-Pacific region is expected to witness significant growth during the forecast period, primarily due to the increasing investments in healthcare infrastructure, rising R&D activities, and the growing demand for personalized medicine in countries like China, Japan, and India.
Get Free Sample Report @ https://www.snsinsider.com/sample-request/3848
KEY MARKET SEGMENTATION:
By Technology
- Medical/Healthcare
- PCR & RT-PCR
- Gel Electrophoresis
- Microarrays
- ELISA
- Others
- Non-medical
By Material
- Silicon
- Glass
- Polymer
- polydimethylsiloxane (PDMS)
- Others
By Application
- Lab-on-a-chip
- Medical
- Non-Medical
- Organs-on-chips
- Medical
- Non-Medical
- Continuous Flow Microfluidics
- Medical
- Non-Medical
- Optofluidics And Microfluidics
- Medical
- Non-Medical
- Acoustofluidics And Microfluidics
- Medical
- Non-Medical
- Electrophoresis And Microfluidics
- Medical
- Non-Medical
Some of the major key players are as follows: Illumina, Inc., F. Hoffmann-La Roche Ltd, PerkinElmer, Inc., Agilent Technologies, Inc., HORIBA, Loschmidt laboratory, Bio-Rad Laboratories, Inc., Danaher Corporation, Abbott, Thermo Fisher Scientific, Standard BioTools, BIOLASE, Inc., and Others.
About US:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.
We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.
Contact Us:
Akash Anand — Head of Business Development & Strategy,
Phone: +1–415–230–0044 (US) | +91–7798602273 (IND),
Website: https://www.snsinsider.com
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Spellen
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness