The latest market evaluation report on the Microfluidics market explores how the Microfluidics market will continue to expand for the forecast period 2020 - 2027. The study further serves as a unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on market size, share, and growth. The market intelligence report gives business evangelists an authority to review the major trends, opportunities, and challenges expected to shape the future of the industry during the estimated period. Importantly, the study not only helps spot the major vendors but also their winning strategies.
Increasing usage of Microfluidics to enhance healthcare, enabling early identification of pathogens, expanded flexibility, and simple tracking to target underserved and remote communities would fuel demand development for the Microfluidics market.Owing to the emergence of new technologies such as digital Microfluidics, demand for microfluidic-based instruments is projected to grow.
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The demand for microfluidic-based pumps is projected to see substantial growth in the forecast timeframe as microfluidic systems are increasingly used in laboratory settings to conduct a wide variety of applications, such as evaluating characteristics such as pH, chemical bonding coefficients, viscosity, and other applications for cell manipulation. The fast and reliable response, non-requirement of advanced equipment, low cost, and portability would all be critical factors in the growth of the diagnostic section Point-of-care (POC).
Increasing usage of Microfluidics to enhance healthcare, enabling early identification of pathogens, expanded flexibility, and simple tracking to target underserved and remote communities would fuel demand development for the Microfluidics market.
The demand for polymer related microfluidics is projected to witness healthy development over the forecast timeline. The industry boosting aspect would be the wide variety of applications of polymer-based Microfluidics in the area of tissue engineering, medicine, and biology.
The laboratory-on-a-chip category accounted for a large share of the microfluidics industry in 2019 and is projected to retain its supremacy throughout the forecast period. Lab-on-a-chip offers fast detection speed and also helps the DNA probes to be sequenced easily.
North America dominated the market for Microfluidics in 2019. The region's consistent focus on cost-effective and innovative procedures that are adopted in the area is driving the market. The North America region held approximately 39.8% of the market, followed by the Asia Pacific, in the year 2019
Key participants include Fluidigm Corporation, F. Hoffmann-La Roche Ltd., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Abbott Laboratories Thermo Fisher Scientific, Micronit Micro Technologies B.V., Life Technologies Corporation, Danaher Corporation, Illumina Inc., and PerkinElmer Inc, among others.
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For the purpose of this report, Emergen Research has segmented into the global Microfluidics Market on the basis of technology, material, application, and region:
Technology Outlook (Revenue: USD Billion; 2017-2027)
Material Outlook (Revenue: USD Billion; 2017-2027)
Application Outlook (Revenue: USD Billion; 2017-2027)
Continuous flow microfluidics
Optofluidics and Microfluidics
Regional Outlook (Revenue, USD Billion; 2017-2027)
Rest of Europe
Rest of APAC
Rest of LATAM
Rest of MEA
Key questions addressed in the report:
What are the key factors driving the global Microfluidics market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Microfluidics market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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