Microfluidics market size reached USD 28.80 billion in 2023 and is expected to reach USD 87.49 billion by 2030, growing at a CAGR of 17.2 % during the forecast period.
Microfluidics Market Overview:
The Microfluidics market research offers an in-depth analysis of the competitive landscape, highlighting market share and detailed company profiles of the leading players within the global industry. This research provides a thorough exploration of the Microfluidics Market, addressing the factors influencing growth disparities across different regions.
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Market Scope:
Upon concluding the market engineering phase, which involved calculating market statistics, estimating market size, making market forecasts, breaking down the market, and triangulating data, comprehensive primary research was conducted to gather insights and verify key figures. Both top-down and bottom-up approaches, along with various data triangulation methods, were frequently utilized to estimate and forecast the market segments and sub-segments detailed in this study. Throughout the entire market engineering process, extensive qualitative and quantitative analyses were performed on all collected data to ensure the report provides critical information.
Segmentation:
by Product Type
Microfluidic Chip
Instruments
Cartridges & Reagents
Others
by Application
Organs-on-chips
Lab-on-a-chip
Point of care testing
Continuous Flow Microfluidics
Acoustofluidics and Microfluidics
Optofluidics and Microfluidics
Electrophoresis and Microfluidics
by Material
Polydimethylsiloxane
Glass based
Others
by End-User
Pharmaceuticals
In-vitro Diagnostics
Environmental Research
Life Science Research
Clinical Diagnostics
Key Players:
Market leaders are identified through a combination of primary and secondary research, with market revenue determined using these methods. Primary research involved conducting in-depth interviews with key opinion leaders and industry experts, including seasoned front-line staff, CEOs, and marketing executives. Secondary research encompassed a review of annual and financial reports from leading manufacturers. The data from secondary sources is used to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are subsequently validated with primary data. The leading players in the Microfluidics market are as follows:
North America
1. PerkinElmer
2. Standard BioTools
3. Aline
4. Thermo Fisher Scientific
5. Agilent Technologies
6. Becton, Dickinson and Company
7. Abbott Laboratories
8. QuidelOrtho
9. Micropoint
10. OPKO Health
11. 3D Microfluidics
12. IDEX (Industrial Supplies and Parts)
13. Wheeler Microfluidics Laboratory
14. Jengu
15. Unchained Labs
16. Bio-Rad Laboratories
17. uFluidix
18. Hesperos
Europe
19. Micronit
20. Fluigent
21. Philips
22. Biosurfit
23. DOXA Microfluidics
24. Elveflow
25. Sphere Fluidics
APAC
26. NanoEnTek
ME
27. SaudiVax
28. RedSeaBio Tik
Regional Analysis:
The regional analysis of the Microfluidics market encompasses individual market influencing factors and changes in regulations impacting current and future trends. This analysis examines both present and upcoming trends to evaluate the overall market potential and identify profitable patterns, aiding in establishing a stronger market presence. The geographical market evaluation is based on the current landscape and anticipated future developments.
COVID-19 Impact Analysis on Microfluidics Market:
From January 2020 to May 2020, end-user industries utilizing Microfluidics experienced a decline in growth across several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational halts. This led to a substantial drop in revenues for businesses within these industries, subsequently reducing the demand for Microfluidics manufacturers and impacting the development of the Microfluidics market in 2020. The widespread lockdowns and surge in COVID-19 cases globally caused a significant decrease in end-user business demand for Microfluidics .
Key Questions Answered in the Microfluidics Market Report are:
Which segment accounted for the largest share of the Microfluidics market in 2024?
How is the competitive landscape of the Microfluidics market structured?
What are the key drivers fueling the growth of the Microfluidics market?
Which region holds the largest market share in the Microfluidics market?
What is the projected CAGR for the Microfluidics market from 2024 to 2030?
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About Us:
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