HOME Research Insight Danaher Corporation (U.S.), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Bio-Rad Laboratories, Inc. (U.S.), Are Some of the Leading Players in the Highly Fragmented Microfluidics Market



Danaher Corporation (U.S.), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Bio-Rad Laboratories, Inc. (U.S.), Are Some of the Leading Players in the Highly Fragmented Microfluidics Market


The global microfluidics market consists of various products used in a wide range of application areas. Typically, the market players focus on specific product segments for specific application areas. This has led to the highly fragmented nature of the market. However, some of the leading players having their product offerings in major applications of the microfluidics market include PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Becton, Dickinson and Company (U.S.), and Danaher Corporation (U.S.).

Danaher Corporation (U.S.) dominated the microfluidics market in 2015. The company maintains its dominance in the market by pursuing organic as well as inorganic growth strategies such as product launches, collaborations, agreements, and partnerships. For instance, in November 2016, Danaher acquired Cepheid Inc. (U.S.), a leading and innovative global molecular diagnostics company, thus strengthening Danaherís portfolio with its GeneXpert systems, a fully integrated and automated on-demand molecular diagnostic system with advanced microfluidics.

PerkinElmer, Inc. (U.S.) contributes to a major share in this market. This is mainly attributed to its lab-on-a-chip technology developed by its subsidiary Caliper Life Sciences (U.S.). It strategically concentrates on offering key technologies to researchers for workflow enhancement. It also emphasizes on expanding its global footprints to capture a significant share of the high-growth markets and geographies. For instance, in January 2015, PerkinElmer announced the opening of Suzhou PerkinElmer Medical Laboratory Co., Ltd. in China

                    
Agilent Technologies, Inc. (U.S.) is another leading company in the global microfluidics market with its market leading products such as Agilent 2100 Bioanalyzer and HPLC Chip/MS System. The company has a strong presence across North America, Europe, and Asia. It focuses on product innovation and acquisitions as its key growth strategy to enhance its product portfolio as well as augment its market presence. For instance, in March 2016, company acquired 48% ownership stakes of the Lasergen (U.S.), an emerging biotechnology company with innovative next-generation sequencing technology

Apart from the abovementioned companies, Bio-Rad Laboratories, Becton, Dickinson and Company, and Thermo Fisher Scientific, Inc. also feature amongst the leading players in the global microfluidics market. Experion Automated Electrophoresis System and Droplet-based DNA Sequencing Platform are the major product offerings from Bio-Rad Laboratories in the microfluidics market. Whereas, BD MAX System and 5500 Series Genetic Analysis Systems are some of the established microfluidic technology-based products from Becton, Dickinson and Company and Thermo Fisher Scientific, Inc., respectively.

Owing to the technological competitiveness of the market, all the players in this market focusing on innovation as their key growth strategy, and aim to strengthen their market presence with the launch of technologically superior products, catering to the needs of various end-user segments. In addition to this, collaborations with or acquisitions of smaller players with microfluidic technological competence is also one of the key growth strategies adopted by leading players in the microfluidics market.

Related Reports:

Microfluidics Market by Component (Microfluidic Chips, Micropump, Microneedle), Material (Polymer, Glass, Silicon), Application (Genomics, Proteomics, Capillary Electrophoresis, POC, Clinical, Environmental, Drug Delivery) - Global Forecast to 2021

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