Microfluidics Market
Global Microfluidics Market Size, Share & Trends Analysis Report by Component (Microfluidic Chips, Micro Pumps, Microneedles, and Other Components) by Material (Polymer, Silicon, Glass, and Other Materials), and by Application (Lab-on-a-chip, Organs-on-chips, Continuous Flow Microfluidics, Optofluidics & Microfluidics, Acoustofluidics & Microfluidics, and Electrophoresis & Microfluidics) Forecast Period (2021-2027) Update Available - Forecast 2024-2030
The global microfluidics market is anticipated to grow at a significant CAGR of 18.3% during the forecast period (2021-2027). Microfluidics is tools that can process micro or nano volumes of fluids to control chemical, biological, and physical changes. In recent years, research in microfluidics devices has risen significantly. Lithography is used for the fabrication of microfluidics. The surge of usage of ICs in electronic devices has given significant growth to the microfluidics market globally. In the diagnosis industry, paper-based microfluidics is emerging as an effective multiplexable point-of-care platform. It has its potential application in the quantitative analysis of veterinary medicine, environmental monitoring, and food safety. Thus, it generates huge opportunities for market growth in the future. The complex regulatory standards are the major restraining factor for the global microfluidic market.
Impact of COVID-19 Pandemic on Global Microfluidics Market
The governments and health care institutes across the globe had increased their investments in R&D and lab testing devices during the COVID-19 pandemic where the use of microfluidics is immense. For instance, the Hong Kong University of Science and Technology had discovered the fastest portable device in June 2020 that can detect the COVID-19 infection in just 40 minutes. Thus, with the development of healthcare infrastructure, the market of microfluidics will grow significantly during the forecast period.
Segmental Outlook
The global microfluidics market is segmented based on the component, material, and application. Based on the component, the market is segmented into microfluidic chips, micro pumps, microneedles, and other components. Based on material, the market is sub-segmented into polymer, silicon, glass, and other materials. Based on the application, the market is segmented into lab-on-a-chip, organs-on-chips, continuous flow microfluidics, optofluidics & microfluidics, acoustofluidics & microfluidics, and electrophoresis & microfluidics.
Global Microfluidics Market Share by Material, 2020 (%)
The Polymer Segment Held the Major Share in the Global Microfluidics Market
Based on material, the polymer segment holds the major share in the global microfluidics market. Polydimethylsiloxane (PDMS) is the most popularly used polymer in the market, however, it has hydrophobicity challenges associated with it that make it unfunctional in aqueous solutions. Novel PDMS is now introduced in the market as a solution to hydrophobicity problems. This material has ease of fabrication and is economically affordable which makes it popular. Glass is the second most popularly used material in the microfluidics market as it is an amorphous material. Additionally, it can work on elevated temperatures and organic solvents as well. For processing microfluidic devices made of glass photolithography and wet & dry etching methods are used.
Based on application, the lab-on-a-chip segment held considerable share in the market as it provides high-speed detection of DNA and RNA amplifications which makes it useful in the molecular biology industry. The organs-on-chips segment is expected to grow fastest during the forecast period as it can mimic various biological processes including peristalsis, infection, and breathing. These types of chips are widely used for the discovery of medical drugs. Various international institutions including NCATS, FDA, and NIH are now focusing the drug trials on human tissue chips rather than animal models for the welfare of animals.
Regional Outlooks
The global microfluidics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East and Africa, and Latin America).
Global Microfluidics Market Growth, by Region 2021-2027
North America Held the Major Share in the Global Microfluidics Market
North America held the major share in the global microfluidics market. The well-established healthcare system, increasing demand for PoC testing, growing academic & government investments in genomics & proteomics research, and the higher adoption of novel therapeutics among the general population are the major driving factors for the market growth in the region. The University of Illinois at Urbana-Champaign in 2020 had demonstrated a prototype of a rapid COVID-19 molecular test and an instrument to read results on mobile phones. North America is followed by Europe in terms of market share.
The UK is the major contributor to the European microfluidics market. The increasing funding and advancement in technology are the major driving factors for the market in the region. For instance, MicrofluidX had received seed funding of $1.8 million from UKI2S, Longwall Ventures, and Cambridge Angels for the development of the microfluidic platform for gene and cell therapies economically.
Market Players Outlook
The major companies serving the global microfluidics market include Agilent Technologies, Inc., Danaher Corp., GE Healthcare, Merck KGaA, Thermo Fisher Scientific, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2019, Fluidigm Corp. had launched an economical novel microfluidics-based workflow, Advanta RNA-Seq NGS Library Prep Kit. Similarly, Cepheid partnered with Sherlock Biosciences in February 2020 for the development of new cutting-edge molecular diagnostic tests of COVID-19.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global microfluidics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Microfluidics Market
• Recovery Scenario of Global Microfluidics Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Agilent Technologies, Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Danaher Corp.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. GE Healthcare
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Merck KGaA
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Thermo Fisher Scientific, Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Microfluidics Market by Component
5.1.1. Microfluidic Chips
5.1.2. Micro Pumps
5.1.3. Microneedles
5.1.4. Other Components
5.2. Global Microfluidics Market by Material
5.2.1. Polymer
5.2.2. Silicon
5.2.3. Glass
5.2.4. Other Materials
5.3. Global Microfluidics Market by Application
5.3.1. Lab-on-a-chip
5.3.2. Organs-on-chips
5.3.3. Continuous flow microfluidics
5.3.4. Optofluidics & microfluidics
5.3.5. Acoustofluidics & microfluidics
5.3.6. Electrophoresis & microfluidics
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
6.4.1. Latin America
6.4.2. Middle-East & Africa
7. Company Profiles
7.1. Abbott Laboratories
7.2. Agilent Technologies, Inc.
7.3. Aignep S.P.A.
7.4. Biomérieux SA
7.5. Bio-Rad Laboratories, Inc.
7.6. Camozzi Automation Spa Società Unipersonale
7.7. Cellix Ltd.
7.8. Danaher Corp.
7.9. Dickinson and Co.
7.10. Dolomite Microfluidics
7.11. Elveflow (Elevesis)
7.12. F. Hoffmann-La Roche, Ltd.
7.13. Fluidigm Corp.
7.14. Fluigent SA
7.15. Idex Corp.
7.16. Illumina, Inc.
7.17. Life Technologies Corp.
7.18. Microfluidic ChipShop
7.19. MicroLiquid
7.20. Micronit Micro Technologies B.V.
7.21. Parker-Hannifin Corp.
7.22. PerkinElmer, Inc.
7.23. QIAGEN NV
7.24. SMC Corp.
7.25. Thermo Fisher Scientific, Inc.
7.26. uFluidix Inc.
1. GLOBAL MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
2. GLOBAL MICROFLUIDIC CHIPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL MICRO PUMPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL MICRONEEDLES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHER MICROFLUIDIC COMPONENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
7. GLOBAL POLYMER MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL SILICON MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL GLASS MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL OTHER MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
12. GLOBAL LAB-ON-A-CHIP MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL ORGANS-ON-CHIPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL CONTINUOUS FLOW MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL OPTOFLUIDICS & MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL ACOUSTOFLUIDICS & MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL ELECTROPHORESIS & MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
21. NORTH AMERICAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
22. NORTH AMERICAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. EUROPEAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. EUROPEAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
25. EUROPEAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
26. EUROPEAN MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
31. REST OF THE WORLD MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
32. REST OF THE WORLD MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
33. REST OF THE WORLD MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
34. REST OF THE WORLD MICROFLUIDICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL MICROFLUIDICS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL MICROFLUIDICS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL MICROFLUIDICS MARKET, 2021-2027 (%)
4. GLOBAL MICROFLUIDICS MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)
5. GLOBAL MICROFLUIDIC CHIPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL MICRO PUMPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL MICRONEEDLES MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL OTHER MICROFLUIDIC COMPONENTS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL MICROFLUIDICS MARKET SHARE BY MATERIAL, 2020 VS 2027 (%)
10. GLOBAL POLYMER MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL SILICON MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL GLASS MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL OTHER MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL MICROFLUIDICS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
15. GLOBAL LAB-ON-A-CHIP MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL ORGANS-ON-CHIPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL CONTINUOUS FLOW MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL OPTOFLUIDICS & MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL ACOUSTOFLUIDICS & MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL ELECTROPHORESIS & MICROFLUIDICS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%
21. GLOBAL MICROFLUIDICS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. US MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
23. CANADA MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
24. UK MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
25. FRANCE MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
26. GERMANY MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
27. ITALY MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
28. SPAIN MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF EUROPE MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
30. INDIA MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
31. CHINA MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
32. JAPAN MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
33. SOUTH KOREA MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
34. REST OF ASIA-PACIFIC MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
35. REST OF THE WORLD MICROFLUIDICS MARKET SIZE, 2020-2027 ($ MILLION)
