The Global Microfluidics Market report, published by Emergen and Research is a holistic study of the current and upcoming trends of the Microfluidics market that are expected to influence its growth over the forecast period. The report offers an in-depth analysis of the leading geographical segments of the market. It exclusively offers details about the regulatory framework and development policies that have been implemented in the market over recent years. Furthermore, experts highlight a wide array of the conspicuous aspects of the global Microfluidics market, including import & export dynamics, production and consumption rates, sales network & distribution channels, manufacturing processes, cost structures, and consumer bases in the key market regions.
The financial strains being suffered by each business organization in this industry have significantly slowed down their progress. Additionally, the report assesses the pandemic’s overall impact on the global market growth and involves a future COVID-19 impact assessment to help readers make prudent business decisions.
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Microfluidics Market Competitive Scenario
UFluidix, Quidel Corporation, biosurfit SA, Abbott, Illumina, Inc., Abaxis, PerkinElmer Inc., Bio-Rad Laboratories, Inc., Hoffmann-La Roche Ltd., and Becton Dickinson and Company (BD).
Emergen Research has segmented the global microfluidics market based on material type, application, component, and region:
Material Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Point-of-Care Testing (POCT) Diagnostics
Drug Delivery Systems
Pharmaceutical and Biotechnology Research
Components Outlook (Revenue, USD Billion; 2019-2030)
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Key Highlights of the Microfluidics Market
The polymer segment accounted for a significantly robust revenue share in 2021. Increasing demand from the packaging industry due to low cost and well-maintained fabrication techniques, for which polymers are favored is a key factor driving revenue growth of this segment. Poly(dimethylsiloxane) (PDMS) is a preferred choice from among these materials and has been widely used in microfluidics for fast and quick prototyping reasons, as it is easy to make and adheres tightly to glass and PDMS substrates with greater and improved optical transparency and elastomeric characteristics. Two perfluorinated polymers are utilized to construct microfluidic devices and structures, perfluoroalkoxy (Teflon PFA) and fluorinated ethylenepropylene (Teflon FEP), as these maintain their elastomeric and inertness, which makes them suitable for microfluidic platforms.
The microfluidic chip segment accounted for a significantly large revenue share in 2021. Microfluidic chips ae based on miniaturization technology to enable entire biochemical processes including reagent loading, reaction, separation, and detection, to be performed on a microchip. Densely interconnected microfluidic chips are small, portable, and only require a few consumables for early disease detection. Microfluidic technologies such as LOC technology, Three-Dimensional (3D) cell culture, organs-on-a-chip, and droplet techniques have advanced rapidly into various fields. Microfluidic chips, in combination with various detection techniques, are ideal for high-throughput drug testing, detection, and mechanistic research. These chips can be utilized in nanoparticle synthesis, drug encapsulation, delivery, targeting, cell analysis, and cell culture, either alone or in combination with other devices.
Asia Pacific market accounted for a moderate revenue share in 2021. Rising demand from biomedical and pharmaceutical sectors and in point-of-care testing, increased prevalence of chronic diseases, and increasing investments in R&D activities, particularly in Singapore, are key factors driving market revenue growth. For instance, a team of researchers from the University of Bristol has developed a novel low-cost and open-source 3D printing process for producing microfluidic devices. The process named Elsewhere, Developed by the Singapore University of Technology and Design, enables 3D printing of microfluidic devices integrated with fluid handling and functional components. Among the countries in Asia Pacific, China, Japan, and India account for majority revenue share contribution to the market in the region and the trend is expected to continue over the forecast period.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Microfluidics market, including the global and regional analysis of the market. The study covers critical information and factual data about the Microfluidics market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Microfluidics market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Microfluidics market industry.
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