HOME › Top Market Reports › Microfluidics Market by Application (Genomics, Proteomics, Capillary Electrophoresis, IVD (POC, Clinical Diagnostics), Drug Delivery, Microreactor, Lab Tests), Component (Chips, Pump, Needle), Material (Polymer, Glass, Silicon) - Global Forecast to 2023

Microfluidics Market by Application (Genomics, Proteomics, Capillary Electrophoresis, IVD (POC, Clinical Diagnostics), Drug Delivery, Microreactor, Lab Tests), Component (Chips, Pump, Needle), Material (Polymer, Glass, Silicon) - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: March 2018
Report Code: MD 4809

The microfluidics market is valued at 8.28 Billion in 2017 and is expected to grow at a CAGR of 22.6% during the forecast period, to reach to USD 27.91 Billion by 2023. Base year considered for the report is 2017 and the forecast period includes 2018 to 2023.

The increasing incidence of other major chronic and infectious diseases, coupled with advancements in coagulation tests, blood gas electrolytes, hematology, urine chemistry, and cardiac markers, are creating new avenues for the growth of the POC diagnostics market. This, in turn, is expected to support the growth of the microfluidics market as POC testing is the largest segment of the microfluidics market for in vitro diagnostics. There is a growing demand for the integration of the microfluidics technology in POC diagnostic devices, manufacturing, fluid-handling schemes, and signal-detection procedures. This is further expected to drive the demand for microfluidics technology in the coming years.

Objectives of the study

To define, describe, segment, and forecast the microfluidics market on the basis of application, component (type & material), and region
To forecast the size of the microfluidics market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
To provide detailed information regarding the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze market opportunities for stakeholders and provide details of a competitive landscape for key players
To track and analyze competitive developments such as joint ventures, alliances, mergers & acquisitions, new product/technology developments, and R&D activities of the leading players in the microfluidics market
To profile key players in the microfluidics market and to comprehensively analyze their core competencies

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the microfluidics market and to estimate the size of other dependent submarkets. Various secondary sources such as associations World Health Organization (WHO), Advanced Medical Technology Association (AdvaMed), PharmaAsia Publication, American Association for Clinical Chemistry (AACC), Association of Medical Diagnostics Manufacturers (AMDM), European Diagnostic Manufacturers Association (EDMA), International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), European Federation of Pharmaceutical Industries and Associations (EFPIA), International Society of Drug Delivery Sciences and Technology (APGI), directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:

Microfluidics Market

To know about the assumptions considered for the study, download the pdf brochure

The major players in the microfluidics market are Danaher (US), Thermo Fisher (US), PerkinElmer (US), Agilent (US), Bio-Rad (US), Becton, Dickinson and Company (US), Roche (Switzerland), Illumina (US), Fluidigm Microfluidics (US), and QIAGEN (Netherlands). Other key players include Dolomite Microfluidics (UK), GYROS PROTEIN TECHNOLOGIES AB (Sweden), Sphere Fluidics (UK), OPKO Health (US), Waters (US), thinXXS Microtechnology (Germany), Abaxis (US), bioMérieux (France), Abbott (US), Dolomite Microfluidics (UK), Microfluidic ChipShop (Germany), Elveflow (France), Cellix (Ireland), Micronit Microtechnologies (Netherlands), MicroLiquid (Spain), MiniFAB (Australia), uFluidix (Canada), Micralyne (US), and Fluigent (France).

Target Audience:

Microfluidics-based product manufacturers & distributors
Microfluidic component manufacturers
Pharmaceutical and diagnostic companies
Research institutes
Medical device companies
Life science companies
Healthcare institutions (hospitals, medical schools, and outpatient clinics)
Government associations
Market research and consulting firms
Venture capitalists and investors

Scope of the Report:

The research report categorizes the microfluidics market into the following segments and subsegments:

Microfluidics Market, By Application

In vitro diagnostics
- Point-of-care Testing
- Clinical Diagnostics
Pharmaceutical research
- Lab analytics
  - Proteomic Analysis
  - Genomic Analysis
  - Cell-based Assay
  - Capillary Electrophoresis
- Micropispensing
- Microreaction
Drug Delivery
Laboratory Testing
- Agro food Testing
- Industrial Testing
- Environmental Testing

Microfluidic Components Market, By Type

Microfluidic Chips
Microfluidic Sensors
Microfluidic Pumps
Microneedles
Other Component (Flow Controller, Temperature controller, connectors, droplet generator, microreactors, and valves)

Microfluidic Components Market, By Material

Polymer-based Microfluidics
Glass-based Microfluidics
Silicone-based Microfluidics
Other material-based Microfluidics (Paper, Ceramics, & Metal)

Microfluidics Market, by Region

North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe (RoE)
Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific (RoAPAC)
Latin America
Middle East and Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

Further breakdown of the Rest of European microfluidics market into the Netherlands, Switzerland, Austria, Belgium, and others
Further breakdown of the Rest of Asia microfluidics market into Australia, Singapore, Malaysia, New Zealand, and others

Company Information

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions for the Study

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Growth Potential of the Microfluidics Market
    4.2 Asia Pacific Microfluidic Components Market, By Material
    4.3 Microfluidics Market: Geographic Growth Opportunities
    4.4 Microfluidics Market, By Geography
    4.5 Microfluidics Market: Developing vs Developed Countries

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Demand for Point-Of-Care Testing
                    5.2.1.2 Fast Returns on Investment
                    5.2.1.3 Faster Testing and Improved Portability Through Microfluidic Chip Miniaturization
                    5.2.1.4 Entry of New Players and Launch of New and Advanced Products
           5.2.2 Restraints
                    5.2.2.1 Complex and Time-Consuming Regulatory Approval Process
                    5.2.2.2 Incorporation of Microfluidics Technology Into Existing Workflows
           5.2.3 Opportunities
                    5.2.3.1 Asia as A Key Growth Hotspot
                    5.2.3.2 Expanding Applications of Drug Delivery Technologies
                    5.2.3.3 Growing Applications of Microfluidics Technology
           5.2.4 Challenge
                    5.2.4.1 Standardization/Commercialization of Microfluidic Devices

6 Industry Insights (Page No. - 48)
    6.1 Introduction
    6.2 Industry Trends
           6.2.1 Shifting Trend Toward the Adoption of Polymers
           6.2.2 Universities Actively Generating Microfluidic Startups and Large Players Acquiring Small Players
    6.3 Parent Markets Analysis
    6.4 Evolution of Microfluidics Technology in Healthcare
    6.5 Value Chain Analysis
           6.5.1 Microfluidic Components Procurement Model of Major Players

7 Microfluidics Market, By Application (Page No. - 59)
    7.1 Introduction
    7.2 in Vitro Diagnostics
           7.2.1 Point-Of-Care Testing
           7.2.2 Clinical Diagnostics
    7.3 Pharmaceutical and Life Science Research
           7.3.1 Lab Analytics
                    7.3.1.1 Proteomic Analysis
                    7.3.1.2 Genomic Analysis
                    7.3.1.3 Cell-Based Assays
                    7.3.1.4 Capillary Electrophoresis
           7.3.2 Microdispensing
           7.3.3 Microreaction
    7.4 Drug Delivery
    7.5 Laboratory Testing
           7.5.1 Agro Food Testing
           7.5.2 Industrial Testing
           7.5.3 Environmental Testing

8 Microfluidic Components Market (Page No. - 82)
    8.1 Microfluidic Components Market, By Type
           8.1.1 Microfluidic Chips
           8.1.2 Microfluidic Sensors
           8.1.3 Micropumps
           8.1.4 Microneedles
           8.1.5 Other Components
    8.2 Microfluidic Components Market, By Material
           8.2.1 Polymer
           8.2.2 Glass
           8.2.3 Silicon
           8.2.4 Other Materials

9 Microfluidics Market, By Region (Page No. - 95)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 UK
           9.3.4 Italy
           9.3.5 Spain
           9.3.6 Rest of Europe
    9.4 Asia Pacific
           9.4.1 Japan
           9.4.2 China
           9.4.3 India
           9.4.4 Rest of Asia Pacific
    9.5 Latin America
    9.6 Middle East & Africa

10 Competitive Landscape (Page No. - 160)
     10.1 Overview
     10.2 Product Portfolio Matrix
     10.3 Competitive Situations and Trends
             10.3.1 Product Launches
             10.3.2 Partnerships, Agreements, and Collaborations
             10.3.3 Acquisitions
             10.3.4 Expansions

11 Company Profiles (Page No. - 167)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
     11.1 Danaher Corporation
     11.2 Thermo Fisher Scientific
     11.3 Perkinelmer
     11.4 Agilent Technologies
     11.5 Bio-Rad Laboratories
     11.6 Becton, Dickinson and Company
     11.7 Illumina
     11.8 F. Hoffmann-La Roche
     11.9 Fluidigm Corporation
     11.10 Dolomite Microfluidics
     11.11 Qiagen
     11.12 Abbott Laboratories
     11.13 Biomérieux
     11.14 Microfluidic Chipshop
     11.15 Elveflow
     11.16 Cellix
     11.17 Micronit Microtechnologies

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 217)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details

List of Tables (166 Tables)

Table 1 Impact Analysis: Market Drivers
Table 2 Impact Analysis: Market Restraints
Table 3 Impact Analysis: Market Opportunities
Table 4 Impact Analysis: Market Challenges
Table 5 List of University Startups in the Microfluidics Market
Table 6 Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 7 Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 8 Microfluidics Market for in Vitro Diagnostics, By Country, 2016–2023 (USD Million)
Table 9 Microfluidics Market for Point-Of-Care Testing, By Country, 2016–2023 (USD Million)
Table 10 Microfluidics Market for Clinical Diagnostics, By Country, 2016–2023 (USD Million)
Table 11 Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 12 Microfluidics Market for Pharmaceutical and Life Science Research, By Country, 2016–2023 (USD Million)
Table 13 Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 14 Microfluidics Market for Lab Analytics, By Country, 2016–2023 (USD Million)
Table 15 Microfluidics Market for Proteomic Analysis, By Country, 2016–2023 (USD Million)
Table 16 Microfluidics Market for Genomic Analysis, By Country, 2016–2023 (USD Million)
Table 17 Microfluidics Market for Cell-Based Assays, By Country, 2016–2023 (USD Million)
Table 18 Microfluidics Market for Capillary Electrophoresis, By Country, 2016–2023 (USD Million)
Table 19 Microfluidics Market for Microdispensing, By Country, 2016–2023 (USD Million)
Table 20 Microfluidic Market for Microreaction, By Country, 2016–2023 (USD Million)
Table 21 Microfluidics Market for Drug Delivery, By Country, 2016–2023 (USD Million)
Table 22 Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 23 Microfluidics Market for Laboratory Testing, By Country, 2016–2023 (USD Million)
Table 24 Microfluidics Market for Agro Food Testing, By Country, 2016–2023 (USD Million)
Table 25 Microfluidics Market for Industrial Testing, By Country, 2016–2023 (USD Million)
Table 26 Microfluidics Market for Environmental Testing, By Country, 2016–2023 (USD Million)
Table 27 Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 28 Microfluidic Components Market, By Country, 2016–2023 (USD Million)
Table 29 Microfluidic Chips Market, By Country, 2016–2023 (USD Million)
Table 30 Microfluidic Sensors Market, By Country, 2016–2023 (USD Million)
Table 31 Micropumps Market, By Country, 2016–2023 (USD Million)
Table 32 Microneedles Market, By Country, 2016–2023 (USD Million)
Table 33 Other Microfluidic Components Market, By Country, 2016–2023 (USD Million)
Table 34 Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 35 Polymer-Based Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 36 Glass-Based Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 37 Silicon-Based Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 38 Other Material-Based Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 39 Microfluidics Market, By Region, 2016–2023 (USD Million)
Table 40 North America: Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 41 North America: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 42 North America: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 43 North America: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 44 North America: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 45 North America: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 46 North America: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 47 North America: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 48 US: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 49 US: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 50 US: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 51 US: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 52 US: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 53 US: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 54 US: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 55 Canada: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 56 Canada: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 57 Canada: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 58 Canada: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 59 Canada: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 60 Canada: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 61 Canada: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 62 Europe: Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 63 Europe: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 64 Europe: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 65 Europe: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 66 Europe: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 67 Europe: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 68 Europe: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 69 Europe: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 70 Germany: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 71 Germany: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 72 Germany: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 73 Germany: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 74 Germany: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 75 Germany: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 76 Germany: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 77 France: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 78 France: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 79 France: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 80 France: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 81 France: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 82 France: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 83 France: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 84 UK: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 85 UK: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 86 UK: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 87 UK: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 88 UK: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 89 UK: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 90 UK: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 91 Italy: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 92 Italy: Microfluidics Market for in Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 93 Italy: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 94 Italy: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 95 Italy: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 96 Italy: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 97 Italy: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 98 Spain: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 99 Spain: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 100 Spain: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 101 Spain: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 102 Spain: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 103 Spain: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 104 Spain: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 105 Rest of Europe: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 106 Rest of Europe: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 107 Rest of Europe: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 108 Rest of Europe: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 109 Rest of Europe: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 110 Rest of Europe: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 111 Rest of Europe: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 112 Asia Pacific: Microfluidics Market, By Country, 2016–2023 (USD Million)
Table 113 Asia Pacific: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 114 Asia Pacific: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 115 Asia Pacific: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 116 Asia Pacific: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 117 Asia Pacific: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 118 Asia Pacific: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 119 Asia Pacific: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 120 Japan: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 121 Japan: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 122 Japan: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 123 Japan: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 124 Japan: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 125 Japan: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 126 Japan: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 127 China: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 128 China: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 129 China: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 130 China: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 131 China: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 132 China: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 133 China: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 134 India: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 135 India: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 136 India: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 137 India: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 138 India: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 139 India: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 140 India: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 141 Rest of Asia Pacific: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 142 Rest of Asia Pacific: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 143 Rest of Asia Pacific: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 144 Rest of Asia Pacific: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 145 Rest of APAC: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 146 Rest of APAC: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 147 Rest of APAC: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 148 Latin America: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 149 Latin America: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 150 Latin America: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 151 Latin America: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 152 Latin America: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 153 Latin America: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 154 Latin America: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 155 Middle East & Africa: Microfluidics Market, By Application, 2016–2023 (USD Million)
Table 156 Middle East & Africa: Microfluidics Market for In-Vitro Diagnostics, By Type, 2016–2023 (USD Million)
Table 157 Middle East & Africa: Microfluidics Market for Pharmaceutical and Life Science Research, By Type, 2016–2023 (USD Million)
Table 158 Middle East & Africa: Microfluidics Market for Lab Analytics, By Type, 2016–2023 (USD Million)
Table 159 Middle East & Africa: Microfluidics Market for Laboratory Testing, By Type, 2016–2023 (USD Million)
Table 160 Middle East & Africa: Microfluidic Components Market, By Type, 2016–2023 (USD Million)
Table 161 Middle East & Africa: Microfluidic Components Market, By Material, 2016–2023 (USD Million)
Table 162 Product Portfolio Analysis of Major Players in the Market
Table 163 Product Launches
Table 164 Partnerships, Agreements, and Collaborations
Table 165 Acquisitions
Table 166 Expansions

List of Figures (51 Figures)

Figure 1 Research Design
Figure 2 Primary Sources
Figure 3 Breakdown of Primary Interviews (Supply Side)
Figure 4 Breakdown of Primary Interviews (Demand Side)
Figure 5 Data Triangulation Methodology
Figure 6 in Vitro Diagnostics Application Segment to Witness Highest Growth in the Microfluidics Market
Figure 7 Point-Of-Care Segment Accounted for the Largest Share in 2017
Figure 8 Polymer-Based Microfluidics—The Largest Segment of the Microfluidic Components Market, By Material
Figure 9 Microfluidic Chips to Dominate the Microfluidic Components Market, By Type
Figure 10 Geographic Analysis: Global Microfluidics Market, 2017
Figure 11 Rising Demand for Point-Of-Care Testing is Driving the Growth of the Global Microfluidics Market
Figure 12 Japan Accounted for the Largest Share of the Asia Pacific Microfluidic Components Market in 2017
Figure 13 US Accounted for the Largest Share of the Microfluidics Market in 2017
Figure 14 North America is Projected to Dominate the Microfluidics Market During the Forecast Period
Figure 15 High Growth Opportunity in Both Developing and Developed Markets During the Forecast Period
Figure 16 Microfluidics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Microfluidics Market Players Shifting Toward the Adoption of Polymers
Figure 18 Proteomics and Genomics Segments to Register the Highest CAGRs By 2023
Figure 19 in Vitro Diagnostics: Market Snapshot
Figure 20 Point-Of-Care Diagnostics: Market Snapshot
Figure 21 Proteomics: Market Snapshot
Figure 22 Genomics: Market Snapshot
Figure 23 Capillary Electrophoresis Systems: Market Snapshot
Figure 24 Value Chain Analysis
Figure 25 Microfluidics Market, By Application, 2018 vs 2023 (USD Million)
Figure 26 Point-Of-Care Testing Segment to Register the Highest CAGR During the Forecast Period
Figure 27 Lab Analytics Accounted for the Largest Share in the Global Microfluidics Market for Pharmaceutical and Life Science Research in 2017
Figure 28 Microfluidics Market for Lab Analytics, By Type, 2018 vs 2023 (USD Million)
Figure 29 Microfluidics Market for Laboratory Testing, By Type, 2018 vs 2023 (USD Million)
Figure 30 Microfluidic Chips Segment to Dominate the Microfluidic Components Market, By Type, During the Forecast Period
Figure 31 Polymer-Based Microfluidics Segment to Dominate the Microfluidic Components Market, By Material, During the Forecast Period
Figure 32 China & India are Expected to Register the Highest Growth Rates in Microfluidics Market During the Forecast Period
Figure 33 North America: Microfluidics Market Snapshot
Figure 34 Europe: Microfluidics Market Snapshot
Figure 35 Asia Pacific: Microfluidics Market Snapshot
Figure 36 Key Developments in the Microfluidics Market (2015 to 2018)
Figure 37 Growth Strategy Matrix (2015 – 2018)
Figure 38 Comparative Assessment of Key Players for R&D Expenditure (2017)
Figure 39 Competitive Assessment of Key Players in the Geographic Microfluidics Market (2017)
Figure 40 Company Snapshot: Danaher Corporation (2017)
Figure 41 Company Snapshot: Thermo Fisher Scientific (2017)
Figure 42 Perkinelmer: Company Snapshot (2017)
Figure 43 Company Snapshot: Agilent Technologies (2017)
Figure 44 Company Snapshot: Bio-Rad Laboratories (2017)
Figure 45 BD: Company Snapshot (2017)
Figure 46 Illumina: Company Snapshot (2017)
Figure 47 F. Hoffmann-La Roche Ltd.: Company Snapshot (2017)
Figure 48 Fluidigm Corporation: Company Snapshot (2017)
Figure 49 Qiagen: Company Snapshot (2016)
Figure 50 Abbott: Company Snapshot (2017)
Figure 51 Biomérieux: Company Snapshot (2017)

The global microfluidics market is projected to reach USD 27.91 Billion by 2023 from USD 10.06 Billion in 2018, at a CAGR of 22.6%. Rising demand for point-of-care testing due to the rising incidence of chronic infectious diseases, fast returns on investment on the purchase of equipment integrated with microfluidic technology, faster testing and improved portability through microfluidic chip miniaturization, and entry of new players with innovative microfluidics technology & launch of new and advanced products embedded with microfluidics technology are some of the major factors attributed to the growth of the microfluidics market during the forecast period. However, there are certain challenges in incorporating the microfluidics technology into existing workflows. This coupled with the presence of complex and time-consuming regulatory standards are the factors restraining the growth of this market up to some extent.

This report analyzes the microfluidics market by application, component, material, and region. Based on application, the market is segmented into in vitro diagnostics, pharmaceutical and life science research, drug delivery, and laboratory testing. By application, in vitro diagnostics segment accounted for the largest share of the market in 2017. High prevalence of infectious and lifestyle diseases, relatively lower turnaround times exhibited by POC testing and clinical diagnostics compared to central lab testing methods, rapid rise in aging population, and the introduction of technologically advanced products are some of the key factors attributed to the large share of this market during the forecast period.

By type, the microfluidics component market is segmented into microfluidic chips, microfluidic sensors, micropumps, microneedles, and others. The microfluidic chip segment accounted for the largest share of the market in 2017. High demand for POC testing, rising use of personalized medicine, rise in drug discovery and life science research, and high demand for high-speed diagnostics are responsible for the large share of this market.

By material, the microfluidic component market is segmented into polymer-based microfluidics, glass-based microfluidics, silicone-based microfluidics, and other material-based microfluidics. The polymer-based microfluidics accounted for the largest share of the market in 2017, owing to its greater preference for polymers as a substrate in microfluidic devices among manufacturers.

Microfluidics Market

Geographically, the global microfluidics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds the largest share of this market in 2017. Compared to Europe and Asia Pacific, North America has various additional advantages such as investment initiatives by the government and presence of high-quality infrastructure for clinical and laboratory research. The rising healthcare and R&D expenditure is one of the key factors driving the growth of the microfluidics market in North America. However, North America is highly regulated with stringent and time-consuming approval processes that are expected to inhibit the growth of the microfluidics market in North America.

Some of the prominent players in the microfluidics market include Danaher (US), Thermo Fisher (US), PerkinElmer (US), Agilent (US), Bio-Rad (US), Becton, Dickinson and Company (US), Roche (Switzerland), Illumina (US), Fluidigm Microfluidics (US), and QIAGEN (Netherlands). Other key players include Dolomite Microfluidics (UK), GYROS PROTEIN TECHNOLOGIES AB (Sweden), Sphere Fluidics (UK), OPKO Health (US), Waters (US), thinXXS Microtechnology (Germany), Abaxis (US), bioMérieux (France), Abbott (US), Dolomite Microfluidics (UK), Microfluidic ChipShop (Germany), Elveflow (France), Cellix (Ireland), Micronit Microtechnologies (Netherlands), MicroLiquid (Spain), MiniFAB (Australia), uFluidix (Canada), Micralyne (US), and Fluigent (France).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services