analytics_image
Critical Advancements in Healthcare Sector is Fueling the Microfluidics Market

Vantage Market Research

Blogs-Critical Advancements in Healthcare Sector is Fueling the Microfluidics Market

Vantage Market Research | 21 Apr 2022

Healthcare

Critical Advancements in Healthcare Sector is Fueling the Microfluidics Market

image

The Global Microfluidics Market size is expected to grow from USD 18.62 Billion in 2021 to USD 45.15 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 15.90% during the forecast period. Microfluidics is concerned with manipulating small amounts of fluid in micrometer-sized channels and cavities. It allows researchers to process fewer samples and reagents with higher efficiency and produce results faster than conventional methods, due to the high potential of microfluidic technology.

The market is mainly driven by the increasing number of clinical studies on cellular therapies. Rapid demand for low-volume sample analysis, high-throughput screening methods, in vitro diagnostics (IVD), and advanced technology development by generic lab-on-a-chip are the driving force behind the market growth. In addition, Microfluidics provide a high return on investment and helps control costs by minimizing errors. Rapid detection is of vital importance during the COVID19 pandemic. A large number of cases are tested daily, which places a burden on laboratories. Early detection can reduce unnecessary visits to medical centers and help the healthcare industry save lives by treating patients who test positive.

The Microfluidics Market is segmented based on technology in which medical components like PCR and RT-PCR, gel electrophoresis, microarrays, ELISA, and nonmedical components are included. The medical technology segment dominated the market, accounting for the largest share of sales in 2021. PCR and RTPCR have emerged as the largest revenue contributors in the medical device segment. Microfluidics is finding applications in the non-medical segment to extract crude oil from porous rock, detect plant pathogens, and produce air bubbles of different 10;Fluid flows through porous media are difficult and complex to analyze optically. Microfluidic technology is the perfect technology to develop techniques for extracting crude oil trapped in porous rock, containing contaminants.

On the basis of application, the Global Microfluidics Market is divided into lab-on-a-chip, organs-on-chip, Continuous flow Microfluidics, optofluidics and Microfluidics, acoustofluidics and Microfluidics, electrophoresis and Microfluidics among other applications. Lab-on-a-chip provides high detection rates while maintaining the sensitivity required during DNA or RNA amplification and detection 10;It is suitable for molecular biology applications. Lab chips enable rapid sequencing of DNA probes. Since DNA amplification using PCR technology relies on thermal cycling, the lab chip performs fast thermal microscale shifts. The materials used in Microfluidics Market are polymers, PDMS, silicones, and glass among others. The polydimethylsiloxane (PDMS) segment dominated the Microfluidics Market with the largest 160; PDMS has gained considerable popularity in other polymers, especially microfluidic devices with rapid prototyping.

Microfluidics Market has been studied in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is expected to hold a considerable share in the Global Microfluidics Market. Due to increasing investment in research and development processes as well as the adoption of solutions in the region, the region is expected to grow at a faster pace during the forecast period.

The Global Microfluidics Market seems to be highly competitive in nature because of the market players that are significantly investing in new product development and advancement.

Some of the prominent players in the Microfluidics Market include Parker Hannifin Corporation (US), SMC Corporation (Japan), IDEXX Corporation (US), Fluigent SA (France), Aignep . (Italy), Camozzi Automation SPA Societá Unipersonale (Italy), Dolomite microfluidics (UK), Elveflow (France), Cellix Limited (Ireland), Fortive Corporation (US), Danaher Corporation (US), Thermo Fisher Scientific Inc. (US), Perkinelmer Inc. (US), Agilent Technologies Inc. (US), Bio-Rad Laboratories Inc. (US), Becton, Dickinson and Company (US), Illumina Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), Fluidigm Corporation (US), Abbott Laboratories (US). and others.

Healthcare

Critical Advancements in Healthcare Sector is Fueling the Microfluidics Market

21 Apr 2022

Min Read

Historical Data | Base Year 

Add banner

star icon

Access Full Report

Cosmetic Ingredients Market - Global Industry Assessment (2022 - 2028)

This report by Vantage Market Research delivers comprehensive analysis of Somatostatin Analogs Market , focusing on Market Size, Share & Trends Analysis Report by Type (Octreotide, Lanreotide, Pasireotide) by Application (Acromegaly, Neuroendocrine Tumors (NETs), Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

Request Sample

Related Reports

Healthcare

Veterinary Care Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Healthcare

Surgical Imaging Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Healthcare

Surgical Imaging Market Size, Share & Trends Analysis Report.

13 Nov 2023

10 Min Read

Latest Blogs

13 Nov 2023

Veterinary Care Market Size, Share & Trends Analysis Report.

Healthcare

13 Nov 2023

Surgical Imaging Market Size, Share & Trends Analysis Report.

Healthcare

13 Nov 2023

Surgical Imaging Market Size, Share & Trends Analysis Report.

Healthcare

vantage logo

Vantage Market Research & Consultancy Services is all about providing accurate and reliable market intelligence to its clients for the seamless execution of their business growth strategies.

© 2025 Vantage Market Research. All right reserved
Secured Bysecured by