Microfluidics Market Insights, Research and Growth Factor till 2032

Posted by Ganesh Shinde on February 7th, 2023

Global demand for microfluidics is predicted to expand 6.0% year on year to .39 billion in 2032. Because of features like as reduced sample and reagent use, reduced analysis time, and an easier automation process, microfluidics devices are an appealing alternative for tests such as biological and chemical assays. Microfluidics devices also allow for the parallelization of tests, lowering the overall cost of the assay.

These technologies offer a great deal of potential in the field of next-generation sequencing-based point-of-care diagnostic equipment. This is owing to the low cost of production as well as the high integration and mobility of systems, which cause the market to develop positively throughout the projection period.

The advancement of medication delivery technology raises the demand for microfluidics technology-based devices in the market. The development of numerous drug delivery systems based on microfluidics, such as micro-needle arrays, inhaler nozzles, transdermal and micro-pumps, has had a significant impact on drug delivery due to their exact and predictable drug release.

List of Key Players Covered in Microfluidics Market are:

  • Thermo Fisher Scientific Inc
  • F. Hoffmann-La Roche Ltd
  • Abbott Laboratories
  • Bio-Rad Laboratories Inc.
  • Qiagen NV
  • SCHOTT AG
  • thinXXS Microtechnology

Microfluidics in 3D cell culture has recently enabled the development of microenvironments that facilitate differentiation of tissues and can also replicate the interface between 2 tissues. It can further facilitate spatiotemporal chemical gradients, as well as mechanical micro - environment of living organs. There is an ever-increasing demand for microfluidic lab-on-chip technology in the biomedical, pharmaceutical industries as well in anti-terrorism, environmental, food and military applications. To further add to this, the development of consumers, environmental and security markets, the speed, portability, availability and low costs of miniaturized biosensors have huge commercial potential.

Strategic collaborations among key players drive the microfluidics market to develop novel microfluidic platforms for drug discovery, portable diagnostic devices and others. The collaboration space is dominated by the players who have a strong product portfolio and patented technologies dedicated to clinical research and in-vitro diagnostics applications along with the local GMP certified manufacturing facilities.

Read More@ https://www.futuremarketinsights.com/reports/microfluidics-market

Microfluidics Market by Category

By Material:

  • Polymer
    • Polyvinyl Chloride (PVC)
    • Non-polyvinyl Chloride
  • Glass
  • Silicon
  • Metal
  • Ceramics

By Application:

  • Point of care testing
  • Clinical Diagnostics
  • Drug Delivery
  • Analytical Testing
    • Genomics
    • Proteomics
    • Cell based Analysis
    • Others

By Industry:

  • Pharmaceuticals
  • In-vitro Diagnostics
  • Environmental Research
  • Life Science Research
  • Clinical Diagnostics

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Ganesh Shinde

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Ganesh Shinde
Joined: October 27th, 2022
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