Microfluidics Market Witness Highest Growth in Near Future

Market Industry Reports (MIR) has published a new report titled global microfluidics market. According to the report, the global microfluidics market is estimated to be around US$ 10.2 Bn in 2017. It is anticipated to grow at a 19.8% CAGR from 2019 to 2030.

 Microfluidics is the precise control, behavior, and management of fluids that are geometrically confined in a small place at which capillary penetration rules mass transport. The multidisciplinary domain includes chemistry, engineering, nanotechnology, physics, biotechnology, and biochemistry. In short, microfluidics is the science of controlling and managing fluids that are normally range from microliters (10-6) to picoliters (10-12). They reside in networks of channels of sizes from tens to hundreds of micrometers. This domain is seen as an important tool for life science study and biotechnology. 

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Major Players in the Microfluidics Market

The prominent players in the global microfluidics market are Agilent Technologies, Danaher, Thermo Fisher Scientific, Becton, Dickinson and Company, PerkinElmer, Qiagen, Abbott Laboratories, Fluidigm Corporation, Illumina, Inc., and F. Hoffmann-La Roche AG, among others.
Rapid Growth of the Asia Pacific Market

Asia Pacific is estimated to witness the highest CAGR during the forecast period. Rising healthcare expenditure in developing countries and increasing burden of infectious diseases is anticipated to present a lucrative growth scenario for the microfluidics market in this region. Furthermore, improving healthcare facilities, coupled with growing awareness among the population in the region is expected to present an attractive growth prospect for the market in the coming years.

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Market Segmentation:

BY TYPE

Introduction & Definition
Chips
Sensors
Micro-Pumps
Micro-needles
Others

BY MATERIAL

Introduction
Glass
Silicon
Polymer
Other Materials

BY APPLICATION

Introduction
Pharmaceutical & Life Science
In-vitro Diagnostics
Drug Delivery
Laboratory Testing
Other Applications

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Table of Contents

INTRODUCTION
Market Definition
Market Ecosystem
Market Classification
Geographic Scope
Years Considered for the Study
Historical Years – 2016 & 2017
Base Year – 2018
Forecasted Years – 2019 to 2030
Currency Used for the Study
Report Beneficiary List

RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottoms Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations of the Study
Assumptions of the Study

ABSTRACT OF THE STUDY

MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities

TOC Continued....

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Market Industry Reports is a global leader in market measurement and advisory services. It is 100% subsidiary of Maniks Systems Pvt Ltd. The firm has always been at the forefront of innovation to address the worldwide industry trends and opportunities.

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