Precision Fluidics Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Precision Fluidics Market: By Component (Pumps, Valves, Probes, Degassers, Fluidic Systems, Manifolds, Pressure Sensors, Flow Sensors, Fluid Level Sensors, Inline Filters, Subsystem Level-Fluidics Systems or Integration), By Application (Analytical Instruments, Clinical Diagnostics, Patient Gas Delivery, Others) and Geography

 

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Report

Description

Precision Fluidics Market size was valued at XX billion in 2021 and is expected to reach XX billion by 2028, at a CAGR of XX% during the forecast period 2022 to 2028. Precision fluidics are the components that control small volumes of fluids and are usually preferred for analytical instruments, clinical diagnostic instruments, and patient gas delivery systems to advance their performance. The key factors burgeon the growth of the precision fluidics market are an increase in the demand for analytical instruments and clinical diagnostic instruments from the laboratories due to a rise in the prevalence of infectious diseases, an outbreak of pandemics such as COVID-19, and the adoption of technologically advanced instruments to deliver the accurate results. Moreover, the rise in R&D for technologically advanced devices, fundraising from public and private organizations for the R&D and purchasing of diagnostic instruments, and the rise in the number of end-user industries are propelling the growth of the market over the future years.

 

Recent Developments:

March 2020, Parker Hannifin launched the new Parker LM-Pro linear motor proportional valve that works on the linear motor actuation technology and the company targeted respiratory and anesthesia markets with these devices.

Sep 2022, The Lee Company acquired TTP Ventus Limited from TTP Group to expand their portfolio in the precision fluidics segment.

Precision Fluidics Market

MARKET SUMMARY
-
x%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Precision Fluidics Market

  • The report gives a comprehensive outlook on global precision fluidics market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report gives historical, current, and future market sizes (US$ Bn) on the basis of by component, application and geography.
Key Players
  • MK Fluid Systems
  • Dolphin Fluidics
  • The Lee Company
  • Flex Fluidics LLC.
  • Diba Industries
Precision Fluidics Market Growth

The high cost of technologically advanced instruments is the major factor hampering the precision fluidics market growth over the forecast years. Outbreak of COVID-19 pandemic drastically increased the purchase of clinical diagnostic instruments results to and exponential revenue growth was observed in 2020 and 2021 across the developed and developing economies. However, the revenue expected to become normal by end of 2022.


North-America Got Significant Share

Precision Fluidics Market

Based on regional analysis, North America contributed the largest share in global precision fluidics market followed by Europe and Asia Pacific. North America precision fluidics market is expected to grow at a significant CAGR over the forecast period owing to a rise in R&D for the development of technologically advanced devices coupled with the presence of a huge number of market players in the region. In Europe, Germany, France, and UK may expected to create lucrative opportunities over the forecast years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The precision fluidics market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Precision Fluidics Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The precision fluidics market is projected to expand at a CAGR of x% during the forecast period

IDEX Health & Science LLC, Parker Hannifin Corporation, MK Fluid Systems, Dolphin Fluidics, The Lee Company, Flex Fluidics LLC, Halma Plc, IMI Plc.

North America is the fastest-growing region for the precision fluidics market


Report

Company Profile

  • IDEX Health & Science LLC,
  • Parker Hannifin Corporation,
  • MK Fluid Systems,
  • Dolphin Fluidics,
  • The Lee Company,
  • Flex Fluidics LLC,
  • Halma Plc, IMI Plc,
  • Bürkert,
  • Hamilton Company,
  • Bio-Chem,
  • IVEK,
  • SMC,
  • TECAN,
  • Symbient Product Development,
  • Gems Sensors,
  • Diba Industries,
  • New England Small Tube Corporation, and
  • Controlled Fluidics

Description

Precision Fluidics Market size was valued at XX billion in 2021 and is expected to reach XX billion by 2028, at a CAGR of XX% during the forecast period 2022 to 2028. Precision fluidics are the components that control small volumes of fluids and are usually preferred for analytical instruments, clinical diagnostic instruments, and patient gas delivery systems to advance their performance. The key factors burgeon the growth of the precision fluidics market are an increase in the demand for analytical instruments and clinical diagnostic instruments from the laboratories due to a rise in the prevalence of infectious diseases, an outbreak of pandemics such as COVID-19, and the adoption of technologically advanced instruments to deliver the accurate results. Moreover, the rise in R&D for technologically advanced devices, fundraising from public and private organizations for the R&D and purchasing of diagnostic instruments, and the rise in the number of end-user industries are propelling the growth of the market over the future years.

 

Recent Developments:

March 2020, Parker Hannifin launched the new Parker LM-Pro linear motor proportional valve that works on the linear motor actuation technology and the company targeted respiratory and anesthesia markets with these devices.

Sep 2022, The Lee Company acquired TTP Ventus Limited from TTP Group to expand their portfolio in the precision fluidics segment.

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