The global microfluidics market size is expected to reach USD 35.23 billion by 2028 at a CAGR of 11.8% according to a new report by Reports and Data.

Microfluidics has been used in the study of antibiotic-resistant bacteria, nanoparticle transport in blood, and chemical reaction kinetics, to name a few. As a result of the increased importance of research, the microfluidics market is expected to rise in revenue. Cancer and pathogen detection are two diagnostic applications of microfluidics that have tremendous economic and technical potential for the microfluidics industry. Microfluidic instruments are used to measure molecular diffusion coefficients, fluid viscosity, pH, and chemical binding coefficients. In the pharmaceutical industry, microfluidic systems are used for a variety of analytical purposes in biopharmaceutical production, including monitoring and optimising protein drug production and assays involving human cells.

The costly RD process needed to develop microfluidic devices and make them commercially viable may be a stumbling block for the microfluidics industry. However, attempts are being made to make this possible.

Asia Pacific is projected to be the fastest-growing area due to advanced research infrastructure, low labour costs, and the adoption of microfluidic platforms. This underserved market has piqued the attention of foreign investors.

In-depth Study of the Competitive Landscape:

The global Microfluidics market consists of various market players, which makes this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers acquisitions, joint ventures, collaborations, partnerships, and agreements, to build on their market presence.

Top companies profiled in the report include:

Illumina, Inc.; F. Hoffmann-La Roche Ltd; PerkinElmer, Inc.; Agilent Technologies, Inc.; Bio-Rad Laboratories, Inc.; Danaher Corporation; Life Technologies Corporation; Abbott Laboratories Thermo Fisher Scientific; Qiagen; Biomérieux; Elveflow; Cellix Ltd.; Micronit Micro Technologies B.V.; and Fluidigm Corporation.

Key Market Regions Covered in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Technology Outlook (Revenue, USD Million, 2018 - 2028)

• Medical/Healthcare
  • PCR RT-PCR
  • Gel Electrophoresis
  • Microarrays
  • ELISA
  • Others
• Non-Medical

Application Outlook (Revenue, USD Million, 2018 - 2028)

• Lab-on-a-chip
  • Medical
  • Non-Medical
• Organs-on-chips
  • Medical
  • Non-Medical
• Continuous flow microfluidics
  • Medical
  • Non-Medical
• Optofluidics and microfluidics
  • Medical
  • Non-Medical
• Acoustofluidics and microfluidics
  • Medical
  • Non-Medical
• Electrophoresis and microfluidics
  • Medical
  • Non-Medical

Material Outlook (Revenue, USD Million, 2018 - 2028)

• Silicon
• Glass
• Polymer
• PDMS
• Others

Frequently asked questions addressed in the report:

• What is the revenue growth rate of the global Microfluidics market over the forecast period?
• What are the major factors driving the growth of the Global Microfluidics Market?
• What are the key challenges impacting the global Microfluidics market growth?
• What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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