Microfluidics Market by Component, Material, Application – Global Microfluidics Market Forecast to 2021.The global microfluidics market is projected to reach USD 8.78 billion by 2021 from USD 3.65 billion in 2016, growing at a CAGR of 19.2% during the forecast period.
North America accounted for the largest share to the global microfluidics market, followed by Europe, Asia-Pacific, and RoW. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period owing to the rapidly aging population, increased accessibility to healthcare facilities, and rising R&D and healthcare expenditure. Complete report on “ Microfluidics Market” spread across 205 pages, profiling 11+ companies and supported with 152 tables and 41 figures is now available at http://www.reportsnreports.com/reports/271898-microfluidics-market-by-materials-polymers-silicon-glass-pharmaceuticals-microreactors-toxicity-screening-lab-on-chip-proteomic-genomic-analysis-drug-delivery-devices-microneedles-micropumps-ivd-poc-global-trends-forecast-to-2018.html
The in vitro diagnostics application segment accounted for a major share of the microfluidics market. This market is primarily driven by the rising demand for point-of-care testing, rising incidences of lifestyle disorders and diseases, growing geriatric population, and rapidly improving healthcare infrastructure in Asian countries.
The microfluidics market is segmented on the basis of component, materials and applications. On the basis of component, the market is categorized into microfluidic chips, micropumps, microneedles, & others. On the basis of materials, the market is categorized into polymer-based microfluidics, glass-based microfluidics, silicon-based microfluidics, and other material-based microfluidics.
The market is mainly driven by the rising geriatric population, growing Asian healthcare market, and upsurge in government and corporate funding for R&D. However, lack of adequate healthcare and research infrastructure in emerging markets, dearth of skilled professionals in clinical laboratories, and high prices of integrated instruments and microfluidics chips are hampering the growth of this market to a certain extent.
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The global microfluidics market is highly fragmented; some of the major Top players in this market are Danaher Corporation (U.S.), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), and Becton, Dickinson and Company (U.S.).
Fundamental Key Point from Table of Content
Microfluidics Market, By Component
Introduction
Microfluidic Chips
Micropumps
Microneedles
Others
Microfluidics Market, By Material
Introduction
Polymer-Based Microfluidics
Glass-Based Microfluidics
Silicon-Based Microfluidics
Other Material-Based Microfluidics
Microfluidics Market, By Application
Introduction
in Vitro Diagnostics
Point-Of-Care Testing
Clinical Diagnostics
Agro Food Testing
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