The global microfluidic devices market was valued at $21.7 billion in 2021, and is projected to reach $158.1 billion by 2031, growing at a CAGR of 22.4% from 2021 to 2031. Microfluidic devices exploit the physical and chemical properties of liquids and gases at a microscale.
Comparing microfluidic devices to normally sized systems, there are various advantages. The use of microfluidics enables the examination of smaller volumes of samples, chemicals, and reagents, lowering overall application costs. Capillary electrophoresis, isoelectric focusing, immunoassays, flow cytometry, sample injection in mass spectrometry, PCR amplification, DNA analysis, cell separation and manipulation, and cell patterning are a few techniques that frequently make use of microfluidic devices.
Market Overview:
The market for medical microfluidic devices is anticipated to grow during the projected period due to its ease of manufacture and customization, as well as their capacity to correctly and accurately manipulate bioparticles moving in the given fluid samples. It is conceivable for microfluidic devices to offer consistent, effective results with a tiny percentage error while simultaneously displaying high efficiency and quality. As a result, it is anticipated that the market for medical microfluidic devices would grow quickly. Because of the materials and manufacturing techniques used, it is also less expensive to produce microfluidic devices. Medical microfluidic devices have a very promising future since they are adaptable, inexpensive, and cutting-edge.
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Segmentations:
Global Microfluidic Devices Market: Major Players
Micronit Microfluidics
MicruX Technologies
FLUIDIGM CORPORATION
Dolomite
Bio-Rad Laboratories
Cepheid
Agilent Technologies
Dolomite
Fluigent
Fluidigm Corporation
Global Microfluidic Devices Market: Types
In-Vitro Diagnostics
Pharmaceutical
Medical Devices
Global Microfluidic Devices Market: Applications
Clinical and Veterinary Diagnostics
Point of Care
Analytical Devices
Drug Delivery
Environmental and Industrial Applications
Global Microfluidic Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Microfluidic Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Long-term hospital visits and hospital stays can be decreased by pre-hospital analysis, including a routine check of blood glucose levels, which can be done at home. A decrease in hospitalisations and the early detection of disease were the results of the implementation of point-of-care diagnostics by a number of market participants. Industry companies may now differentiate their products by adding features that are less obtrusive but yet quick and accurate thanks to advances in technology. Microfluidics has thus become well-established in the IVD sector.
This microfluidic devices market report details recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and regional market players, analyses opportunities in terms of new revenue pockets, regulatory changes, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, ge Contact Industry for an Analyst Brief to learn more about the microfluidic device market. Our staff will assist you in making an informed choice to build your market.
Reasons to Purchase the Medical Microfluidic Devices Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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