Microfluidics Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024


The “Microfluidics Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Microfluidics market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Microfluidics market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The global microfluidics market was valued at USD 4,748.18 million in 2018, and is estimated to be valued at USD 13,348.29 million in 2024, witnessing a CAGR of 18.80%. Factors that are propelling the growth of the market include rising demand for point-of-care testing, increasing Incidences of chronic diseases, faster turn-around time for analysis, and improved portability of devices.
  • POC testing allows healthcare experts to diagnose a patient in the physician’s office, in an ambulance, at home, field, or in the hospital. Microfluidic technology-assisted devices are being employed for POC testing, as they require small volumes of samples and use micro-fabricated channels to analyze these samples. POC testing devices are already popular in glucose, blood, hemoglobin, and HIV testing domains. Future POC testing devices are likely to focus more on antibiotics therapies and cancer.
  • With the wide range of applications offered by these devices, microfluidic technology-based POC testing devices have immense potential in the developing and developed countries, as the percentage of population affected by these diseases is high.

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/13999539

    In Microfluidics Market Report, Following Companies Are Covered:

  • Abbott Laboratories
  • F. Hoffmann
  • LA Roche Ltd
  • Agilent Technologies
  • Danaher Corporation (Cepheid)
  • Thermo Fisher Scientific Inc.
  • Bio
  • Rad Laboratories Inc.
  • PerkinElmer Inc.
  • FluIdigm Corporation
  • Dolomite Microfluidics (Blacktrace Holdings Ltd)
  • Micronit Microfluidics

    Microfluidics Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • This report estimates the global microfluidics market size by summing up the value of market segments divided on the basis of type of component, application, and materials. Further, each of these segments are sub-divided to cover all relevant categories.

    Reasons for Buying Microfluidics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/13999539

    Key Market Trends:

    Clinical Diagnostics is Expected to hold its Highest Market Share in the Application Segment

    In the application segment of the microfluidics market, clinical diagnostics is believed to have the largest market size and is expected to witness a CAGR of 18.80% during the forecast period.

    A significant application area for microfluidic technology is clinical diagnostics. Specifically for clinical diagnostics, diseases, including toxicity, can be diagnosed by performing various biochemical analyzes and by observation of symptoms. The biochemical changes in the patient’s blood can signal organ damage or dysfunction, prior to observable microscopic cellular damages or other symptoms.

    So there has been a large demand for the development of an easy-to-handle and inexpensive clinical diagnostic biochip using fully integrated plastic microfluidic chips, which have the sampling/identifying capability of fast and reliable measurements of metabolic parameters from a human body with minimum invasion. Thus, the growth of clinical diagnostics is expected to fuel the market’s growth.

    North America Dominates the Market and is Expected to do the Same in the Forecast Period

    The North American region holds the largest market share in the market for microfluidics. This is attributed to factors, such as the well-established healthcare system, along with better reimbursement policies, and the higher adoption of novel therapeutics among the general population. Microfluidics is a vastly growing field in the United States, in terms of high budget sanctions for R&D. Molecular diagnostics and point-of-care diagnostics widely use microfluidic technology for various applications, and hence, they occupy a major market share in the United States. Owing to this, the United States has the largest market share of 88% in North America, and is expected to grow at a rate of 18.8% over the forecast period.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Microfluidics create from those of established entities?

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/13999539

    Detailed TOC of Microfluidics Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Demand for Point-of-care Testing
    4.2.2 Increasing Incidences of Chronic Diseases
    4.2.3 Faster Turn-around Time for Analysis and Improved Portability of Devices
    4.3 Market Restraints
    4.3.1 Need for Specialized Skills in Operations and Complex Regulatory Approval Process
    4.3.2 Low Adoption in Developing Countries due to High Prices
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 Component
    5.1.1 Microfluidic Chips
    5.1.2 Micro Pumps
    5.1.3 Micro Needles
    5.1.4 Other Components
    5.2 Application
    5.2.1 Drug Delivery
    5.2.2 High-throughput Screening
    5.2.3 Point-of-Care Diagnostics
    5.2.4 Lab Analytics Proteomics Genomics Cell-based Assay Capillary Electrophoresis
    5.2.5 Clinical Diagnostics
    5.3 Material
    5.3.1 Polymer
    5.3.2 Silicone
    5.3.3 Glass
    5.4 Geography
    5.4.1 North America United States Canada Mexico
    5.4.2 Europe Germany United Kingdom France Italy Spain Rest of Europe
    5.4.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.4.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.4.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 F. Hoffmann-LA Roche Ltd
    6.1.3 Agilent Technologies
    6.1.4 Danaher Corporation (Cepheid)
    6.1.5 Thermo Fisher Scientific Inc.
    6.1.6 Bio-Rad Laboratories Inc.
    6.1.7 PerkinElmer Inc.
    6.1.8 FluIdigm Corporation
    6.1.9 Dolomite Microfluidics (Blacktrace Holdings Ltd)
    6.1.10 Micronit Microfluidics



    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Yoga Mat Market Size, Share 2019-Global Business Trends, Share, Progress Insight, Modest Analysis, Statistics, Regional, And Forecast to 2026

    Global Walkie Talkie Industry Size & Share by Sales Revenue, Demands, Growth Factors, Emerging Trends, Competitive Landscape and Forecast to 2024

    North America Fats & Oils Market 2019 -2026 will Grow 25.92 million US$ and will increase to 36.60 million US$ in 2026, with a CAGR of 4.49%

    Microfluidics Market 2019-2024 Leading Countries, Top Key Players Data, Global Market Strategies, Future Trends, In-depth Analysis of Size and Share

  • Avatar