Global Microfluidics Market

Global Microfluidics Market Size, Share, Growth Analysis, By Technology(Medical and Non- Medical), By Material(Silicon, Glass) - Industry Forecast 2024-2031


Report ID: SQMIG35A2288 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 63 | Figures: 77

Global Microfluidics Market Competitive Landscape

To increase their market share, major players in the microfluidics industry are using a variety of techniques, such as mergers and acquisitions, global growth, and strategic partnerships. Both companies were anticipated to be able to significantly increase their product variety in the diagnostics market thanks to this endeavor.

Microfluidics Market Top Player’s Company Profiles

  • PerkinElmer, Inc. (US)
  • Bio-Rad Laboratories, Inc. (US)
  • Dolomite Microfluidics (UK)
  • Micronit Microfluidics BV (Netherlands)
  • Fluidigm Corporation (US)
  • Sphere Fluidics Ltd. (UK)
  • Fluigent (France)
  • Elveflow (France)
  • Cellix Ltd. (Ireland)
  • MicroLIQUID SL (Spain)
  • Abbott Laboratories (US)
  • Roche Diagnostics (Switzerland)
  • uFluidix (Canada)
  • microfluidic ChipShop GmbH (Germany)
  • Micralyne Inc. (Canada)
  • microLIQUID (Spain)
  • MicruX Technologies (Spain)
  • MiniFAB Pty Ltd. (Australia)
  • Micromotive GmbH (Germany)

Microfluidics Market

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FAQs

Global Microfluidics Market size was valued at USD 20.63 billion in 2022 and is poised to grow from USD 23.25 billion in 2023 to USD 58.23 billion by 2031, growing at a CAGR of 12.22% during the forecast period (2024-2031).

To increase their market share, major players in the microfluidics industry are using a variety of techniques, such as mergers and acquisitions, global growth, and strategic partnerships. Both companies were anticipated to be able to significantly increase their product variety in the diagnostics market thanks to this endeavor. 'Danaher Corporation (US)', 'Thermo Fisher Scientific Inc. (US)', 'Agilent Technologies, Inc. (US)', 'PerkinElmer, Inc. (US)', 'Bio-Rad Laboratories, Inc. (US)', 'Dolomite Microfluidics (UK)', 'Micronit Microfluidics BV (Netherlands)', 'Fluidigm Corporation (US)', 'Sphere Fluidics Ltd. (UK)', 'Fluigent (France)', 'Elveflow (France)', 'Cellix Ltd. (Ireland)', 'MicroLIQUID SL (Spain)', 'Abbott Laboratories (US)', 'Roche Diagnostics (Switzerland)', 'uFluidix (Canada)', 'microfluidic ChipShop GmbH (Germany)', 'Micralyne Inc. (Canada)', 'microLIQUID (Spain)', 'MicruX Technologies (Spain)', 'MiniFAB Pty Ltd. (Australia)', 'Micromotive GmbH (Germany)'

The use of microfluidic devices in personalized medicine is increasing due to their ability to produce high-throughput and high-quality results. With the growing demand for personalized medicine, the market for microfluidic devices is expected to expand.

Point-of-care testing (POCT) refers to medical diagnostic testing that is performed outside of a clinical laboratory, often in a physician's office, hospital room, or even at home. POCT is becoming increasingly popular due to its convenience and speed, and microfluidic devices are well-suited to this type of testing. As a result, there is growing demand for microfluidic devices that can be used for POCT.

In 2022, North America held a 42.96% share of the regional microfluidics market and is anticipated to grow at a CAGR of 10.72% over the following five years. The primary driver of market expansion is an increase in research funding from government agencies and businesses. The industry-academia collaboration to hasten the commercialization of lab-built devices as a result of the need for microfluidics devices in the research and diagnostics fields.

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Global Microfluidics Market

Product ID: SQMIG35A2288

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