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 market's position over the anticipated time is examined and assessed in the market research report Microfluidics Industry. It is a comprehensive body of research with a focus on key segments, market dominance, fundamental and secondary drivers, and geographic analysis. In addition to noteworthy figures, important partnerships, mergers, and acquisitions, the study examines corporate strategy and modern innovation.
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Market Scope:
In order to investigate the Microfluidics Market thoroughly, we employed both primary and secondary research methodologies. This has increased our understanding of the dynamics of the market today, including supply-demand imbalances, pricing patterns, product preferences, and customer behavior. Following that, the information is gathered and assessed using a range of data validation methods and market estimates. Additionally, market growth is projected until 2030 by our own data forecasting engine.
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:
Research from primary and secondary sources is used to determine market leaders and to estimate market revenue. Extensive interviews were conducted as part of the core study with notable thought leaders and industry professionals, including CEOs, marketing specialists, and seasoned front-line employees. Primary research consisted of in-depth interviews with prominent industry professionals and thought leaders, including CEOs, seasoned front-line staff, and marketing specialists. Secondary research involved a review of the annual and financial reports from the main manufacturers. Calculating percentage splits, market shares, growth rates, and worldwide market breakdowns using secondary data allows for comparisons with previous data. The players included in this analysis are as follows:
1. PerkinElmer Inc.
2. Standard BioTools (Previously Fluidigm)
3. Blacktrace Holdings Ltd. (Dolomite Microfluidic)
4. Micronit
5. BioFluidix Gmbh
6. Fluigent
7. ALine Inc.
8. Philips
9. Danaher Corporation
10. Thermo Fisher Scientific
11. Agilent Technologies
12. Becton, Dickinson and Company
13. Illumina, Inc.
14. Abbott Laboratories
15. Quidel Corporation
16. Abaxis, Inc.
17. Covalent Materials, Inc.
18. Biosurfit SA
19. Micropoint Bioscience, Inc.
20. Siloam Biosciences, Inc.
21. NanoEnTek Inc.
22. OPKO Health, Inc.
Regional Analysis:
The study conducts an extensive analysis of the local market using both qualitative and quantitative data. It offers a summary and projection of the worldwide Microfluidics market broken down by segment. Furthermore, it offers market size and forecast estimations for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America—five significant regions—from 2024 to 2030. For every area, the Microfluidics market is further divided into sectors and regions. The research looks at and anticipates a number of nations in addition to present trends and upcoming advancements in the sector.
COVID-19 Impact Analysis on Microfluidics Market:
The Global Microfluidics Market Development Strategy post-COVID-19 was carefully investigated and examined. It covers and evaluates the potential of the global market and offers statistical information on market dynamics, growth factors, notable obstacles, PORTER analysis, market entry strategy analysis, opportunities, and projections. The primary objective of the research is to offer a strategic analysis of COVID-19's effects to industrial organizations. This examination focused on their market potential while also looking at the marketplaces of important countries.
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Key Questions Answered in the Microfluidics Market Report are:
- Which regions, product categories, and end users represent the global Microfluidics sector's most potential high-growth opportunities?
- Which market sectors will grow the quickest, and why?
- What sectors will grow the quickest, and why?
- What are the main factors affecting the dynamics of the Microfluidics market? What are the main factors influencing and impeding the Microfluidics market?
- What are the business risks and hazards in the Microfluidics market?
- Global Microfluidics Market: Research Methodology
- Global Microfluidics Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Microfluidics Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Microfluidics Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Microfluidics Market Segmentation
- Global Microfluidics Market, by Type (2024-2030)
- Global Microfluidics Market, by Product (2024-2030)
- Global Microfluidics Market, by Application (2024-2030)
- Global Microfluidics Market, by End-User (2024-2030)
- Regional Microfluidics Market(2024-2030)
- Regional Microfluidics Market, by Type (2024-2030)
- Regional Microfluidics Market, by Product (2024-2030)
- Regional Microfluidics Market, by Application (2024-2030)
- Regional Microfluidics Market, by End-User (2024-2030)
- Regional Microfluidics Market, by Country (2024-2030)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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