WiseGuyReports.Com publishes a new market research report on – " Microfluidics Market: US $ 13,244.5 million up to 2024 ".
Overall, the microfluidic devices is gaining significant importance due to increased investment in R & D in life sciences, pharmaceuticals and increased demand for testing at the points of service.
The total microfluidic device market is expected to reach $ 13,244.5 million by 2024, at a CAGR of 19.7% over the forecast period.
The global market for microfluidic devices is segmented based on industry, materials and applications. The market for microfluidic devices has been industry-segmented, comprising in-vitro diagnostic devices, pharmaceuticals and medical devices. The in-vitro diagnostics segment represented the largest market share, registering $ 1,079.7 million in 2015, and is expected to reach $ 6,575.6 million by 2024, at the CAGR of 19.5% from 2016-2024.
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In the materials, the market is segmented into polymer, glass, silicon. Of which, glass is the fastest growing segment in the world, and is expected to grow at a CAGR of 21.0% over the forecast period
Based on the application, the market is segmented into clinical and veterinary diagnostics, point of care, analytical devices, drug delivery, environmental and industrial applications. The pharmaceutical and life sciences research segment commands the maximum market share of microfluidic devices in 2015, recording $ 527.4 million in the same years and is expected to reach $ 2,924.9 million in 2024
Based on the regions, the market is segmented in North America, Europe, Asia-Pacific and the Middle East and Africa. North America accounted for the largest share of the world market for microfluidic devices, recording $ 969.2 million in 2015 and expected to reach $ 4,885.7 million by 2024. The Asia-Pacific region is the fastest growing market and should grow at an annual rate of 22.6%. during the forecast period
Leading players in the global microfluidic devices market include Abbott, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Cepheid, Dolomite Center, F. Hoffmann-La Roche AG, Fluidigm Corporation, Micronit Microfluidics, Raindance Technologies , Inc., Siemens Healthcare GmbH and others.
Objectives of the study
• Provide a detailed analysis of the market structure, along with prediction of the various segments and sub-segments of the global market for microfluidic devices.
• Provide insights into factors that influence and affect market growth
• Provide historical and forecast revenues from the market segments and sub-segments with respect to the
• Provide historical and predicted revenue from market segments based on channels, applications and regions for the global market for microfluidic devices.
• Provide strategic profiles of key market participants and comprehensively analyze their market share, key competencies and chart a competitive landscape for the market.
• Provide economic factors that influence the global market for microfluidic devices
• Provide detailed analysis of the supply chain and supply chain of the global microfluidic devices market
• Pharmaceutical companies
• Pharmaceutical Suppliers
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
• Research companies
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Table of Contents – Key Key Points
1.2 Scope of the Study
1.2.1 Purpose of the research
1.2.2 Assumptions and Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.2.1 Changes in the Mix of Materials Providing Opportunities for New Players
3.2.2 Increase in global demand for point-of-service testing
3.2.3 Microfluidic Technologies for Chip Miniaturization
3.2.4 Growing demand in genomics and proteomics studies
3.3.1 Geometric and Surface Chemistry
3.3.2 Adherence to stringent regulatory requirements
3.4.1 New Product Innovations
3.4.2 Rise in Partnerships and Collaborations
4 Market factor analysis
4.1 Model of Five Porter Forces
4.2 Bargaining Power of Suppliers
4.3 Buyer Bargaining Power
4.4 Threat of new entrants
4.5 Threat of Substitutes
4.6 Intensity of Rivalry
4.7 Competitive positioning of key competitors and market share analysis
5 Global Market for Microfluidic Devices, by Industry
5.1 In-Vitro Diagnosis (Ivd)
5.3 Medical Devices
6 Global Market for Microfluidic Devices, By Material
7 Market for Global Microfluidic Devices, per Application
7.1 Pharmaceutical Research and Life Sciences
7.2 Clinical and Veterinary Diagnostics
7.3 Point of Care
7.4 Analytical Devices
7.5 Delivery of Medications
7.6 Environmental and Industrial Applications
8 Global Market for Microfluidic Devices by Region
8.1 North America
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The publication Microfluidics Market Worth 13,244.5 million US $ In 2024 appeared for the first time in Herald Keeper.