The latest report on the Microfluidics Market is 200 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2031 and offers valuable insights into the market landscape.
Report Ocean, a renowned research firm, has recently unveiled its comprehensive Global Microfluidics Market study, offering invaluable insights into the sector. This report delves deep into the market’s dimensions, emerging trends, and forecasts stretching to 2031. By employing a SWOT analysis, it provides an exhaustive assessment of the strengths and weaknesses exhibited by key players in the Microfluidics domain.
Global Microfluidics Market is valued approximately USD 12.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.9 % over the forecast period 2020-2027.
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What is the Microfluidics Market?
Microfluidics is a study of devices which analyze tiny amount of liquid, used in biological sciences. With the help of microfluidics, experiments can be conducted precisely and with control at lower cost and faster pace. The microfluidics used in wide range of medical applications such as tissue engineering, point-of-care analysis, cell separation, customized cell culture system, pathogen detection in human/animals and microfluidics devices. The global microfluidics is being highly demanded due to the coronavirus pandemic. As microfluidics can handle a tiny amount of fluid in micron-scale channels and chambers along with the high surface to volume ratios allow researchers/scientists to handle less number of samples and reagents with higher efficiencies.
Moreover, Microfluidic polymerase chain reaction Chromatin Immunoprecipitation (PCR ChiP) have been developed for detecting pathogens such as viruses or bacteria and protein -DNA interaction. The rising demand for point-of-care testing, technological advancements, increasing focus on data precision and accuracy and faster testing and improved portability through microfluidic chip miniaturization are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 11th December 2017, IDEX Healthcare & Science LLC, acquired thinXXS Microtechnology. These acquisition will lead IDEX Healthcare to expand the business of microfluidics consumables by providing greater access to core life science instrumentation market and creating new growth opportunities within the Point of Care, and Veterinary markets. Whereas, complex and time-consuming regulatory approval process is the major factor restraining the growth of global Microfluidics market during the forecast period.
The regional analysis of global Microfluidics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing demand for PoC testing, increasing incidence of chronic diseases, growing academic & government investments. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Parker-Hannifin Corporation
SMC Corporation
Idex Corporation
Fluigent Sa
Dolomite Microfluidics
Aignep S.P.A.
Camozzi Automation SPA Società Unipersonale
Elveflow
Cellix Ltd.
Fortive Corporation
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
by Product:
Microfluidic-based Devices
Microfluidic Components
by Application:
In Vitro Diagnostics
Pharmaceutical, Life Science Research, and Manufacturing
Therapeutics
By End-User:
Hospitals & Diagnostic Centers
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2031. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report
Our most recent research report showcases the thriving expansion of the global Microfluidics Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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