Microfluidics Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Microfluidics Market By Component (Micro Pumps, Micro Needles, Microfluidic Chips, and Others), By Material (Silicon Based, Polymer Based, Glass Based, and Others), By Distribution Channel (Pharmaceuticals, Drug Delivery, and In-vitro Diagnostics), and Geography.

 

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Report

Description

Global Microfluidics Market was valued at SD 20.8 billion in 2020 and is anticipated to grow at USD 58.9 billion by 202 recording a CAGR of 23.3% during the forecast period 2021-2027. Microfluidics is the study of both, behavior of fluids through microchannels and the technology of manufacturing microminiaturized devices containing chambers and tunnels through which fluids flow or are confined. Microfluidics deals with the behavior, precise control, and manipulation of fluids. They deal with very small volumes of fluids, down to femtoliters (fL) which is a quadrillionth of a liter. Increased need for point-of-care testing, a wide range of applications in various industries, benefits associated with microfluidics integration, and a high return on investment are expected to propel the market forward in the projected 2027. Low-volume sample analysis, high-throughput screening procedures, and growing demand for in vitro diagnostics (IVD) will, on the other hand, boost the number of opportunities that will emerge as the market begins to germinate during the projection period. Microfluidics market growth is hampered by a lack of market awareness for the goods, as well as expensive prices for integrated systems and microfluidics sensors. This market report covers recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and more.

 

 

 


Microfluidics Market

MARKET SUMMARY
-
23.3%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 23.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Microfluidics Market

  • Microfluidics market is segmented based on the component, material, Distribution Channel and Geography
  • Microfluidics Market gives historical, current, and future market sizes (US$ Bn) of product type and distribution channel and geographic regions.
  • This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of Infant nutrition
Market Key Players
  • Dolomite Microfluidics
  • Microfluidic ChipShop
  • Elveflow
  • Cellix
  • Micronit Microtechnologies
  • MicroLiquid
  • MiniFAB
  • uFluidix
  • Micraly
  • Danaher
  • Thermo Fisher
  • PerkinElmer
  • Agilent
  • Bio-Rad
  • Becton, Dickinson and Company
  • Roche
  • Illumina
  • Fluigent
  • Fluidigm Microfluidics
Growth

Microfluidics Market

The technological advancement is the key factor attributed for the growth of the microfluidics market. For instance, in February 2017, scientists in Stanford University have developed ‘lab on a chip’ that costs 1 cent to make. It is a combination of microfluidics, electronics, and inkjet printing technology. The rising demand for point-of-care (POC) is adding fuel for the growth of the market. The application of microfluidics in the POCs is anticipated to cut cost. The personalized treatment for various diseases expected to enhance the demand for microfluidics in the market. However, the stringent government regulations are hindering the growth of the market. The incorporation of the microfluidics technology in the existing applications is a challenge, which may hinder the growth of the microfluidics market. In December 2017, IDEX Health & Science, LLC has acquired thinXXS Microtechnology that will accelerate growth of its microfluidics consumables business.


North-America Got Significant Share

Microfluidics Market

Geographically, global microfluidics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America microfluidics market is the dominant market when compared with that of the other regional market. The strong financial support from the non-profitable organizations is enriching the growth of the market. For instance, in July 2016, New Jersey Institute of Technology has received $1 Million grant from Keck Foundation for Pioneering Research in biophysics and nanotechnology. The team will develop new microfluidic devices to stabilize microtubules and drive acoustic modes in them. Europe and the Asia Pacific follows North America. The Asia Pacific microfluidics market is expected to grow at significant rate over the forecast period owing to developing research infrastructure in the region.

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

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • 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’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of 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
Microfluidics Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Microfluidics Market Introduction
    • Global Microfluidics Market – Taxonomy
    • Global Microfluidics Market –Definitions
      • Component
      • Material
      • Application
  1. Global Microfluidics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Microfluidics Market Dynamic Factors – Impact Analysis
    • Global Microfluidics Market – Competition Landscape
    • Epidemiology
  2. Global Microfluidics Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Microfluidics Market, By Component, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Micro Pumps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Micro Needles
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Microfluidic Chips
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Material,2015 – 2019 and Forecast, 2020 – 2026
    • Silicon Based
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polymer Based
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Glass Based
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Pharmaceuticals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Drug Delivery
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • In-vitro Diagnostics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Region, 2020 – 2026
  2. North America Microfluidics MarketAnalysis,2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2016 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Country, 2020 – 2026
    • North America Microfluidics Market Dynamics – Trends
  3. Europe Microfluidics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Country, 2020 – 2026
    • Europe Microfluidics Market Dynamics – Trends
  4. Asia-Pacific Microfluidics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Country, 2020 – 2026
    • Asia-Pacific Microfluidics Market Dynamics – Trends
  5. Latin America Microfluidics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Country, 2020 – 2026
    • Latin America Microfluidics Market Dynamics – Trends
  6. Middle East and Africa Microfluidics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Microfluidics Market – Opportunity Analysis Index, By Component, By Material, By Application and Country, 2020 – 2026
    • MEA Microfluidics Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Component& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Dolomite Microfluidics (UK)
      • Microfluidic ChipShop (Germany)
      • Elveflow (France)
      • Cellix (Ireland)
      • Micronit Microtechnologies (Netherlands)
      • MicroLiquid (Spain)
      • MiniFAB (Australia)
      • uFluidix (Canada)
      • Micralyne (US)
      • Danaher (US)
      • Thermo Fisher (US)
      • PerkinElmer (US)
      • Agilent (US)
      • Bio-Rad (US)
      • Becton, Dickinson and Company (US)
      • Roche (Switzerland)
      • Illumina (US)
      • Fluigent (France)
      • Fluidigm Microfluidics (US)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Dolomite Microfluidics (UK)
  • Microfluidic ChipShop (Germany)
  • Elveflow (France)
  • Cellix (Ireland)
  • Micronit Microtechnologies (Netherlands)
  • MicroLiquid (Spain)
  • MiniFAB (Australia)
  • uFluidix (Canada)
  • Micralyne (US)
  • Danaher (US)
  • Thermo Fisher (US)
  • PerkinElmer (US)
  • Agilent (US)
  • Bio-Rad (US)
  • Becton, Dickinson and Company (US)
  • Roche (Switzerland)
  • Illumina (US)
  • Fluigent (France)
  • Fluidigm Microfluidics (US

Description

Global Microfluidics Market was valued at SD 20.8 billion in 2020 and is anticipated to grow at USD 58.9 billion by 202 recording a CAGR of 23.3% during the forecast period 2021-2027. Microfluidics is the study of both, behavior of fluids through microchannels and the technology of manufacturing microminiaturized devices containing chambers and tunnels through which fluids flow or are confined. Microfluidics deals with the behavior, precise control, and manipulation of fluids. They deal with very small volumes of fluids, down to femtoliters (fL) which is a quadrillionth of a liter. Increased need for point-of-care testing, a wide range of applications in various industries, benefits associated with microfluidics integration, and a high return on investment are expected to propel the market forward in the projected 2027. Low-volume sample analysis, high-throughput screening procedures, and growing demand for in vitro diagnostics (IVD) will, on the other hand, boost the number of opportunities that will emerge as the market begins to germinate during the projection period. Microfluidics market growth is hampered by a lack of market awareness for the goods, as well as expensive prices for integrated systems and microfluidics sensors. This market report covers recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and more.

 

 

 

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