Microfluidics Market To Expand At 11.3% CAGR By 2027, Owing To Rising Requirement For Point-of-Care (POC) Apparatuses | Million Insights

FELTON, Calif., March 9, 2021 /PRNewswire/ -- As per the published report, the global microfluidics market size is estimated to touch USD 31.6 billion by 2027. It is expected to develop by 11.3% CAGR during the period of the forecast.

What are the factors driving the microfluidics market?

Due to the presentation of fresh technology, for example digital microfluidics, the requirement for the microfluidics centered procedures is projected to surge. These procedures permit on-chip biochemical investigation, thus encouraging the implementation.

Increase in the acceptance of microfluidics, intended for the point-of-care diagnostics, is anticipated to comprise a considerable influence, on the progress of the market. By now, the manufacturing companies such as Danaher, Abbott, and Roche, have integrated this technology in their current diagnostic procedure, and are looking at the range of digital microfluidics. For illustration, Minicare I-20, handheld apparatus of Philips, offers precise as well as speedy results for the diagnosis of heart attack.

Please click here to get the sample pdf and find more details on "Microfluidics Market" Report 2027.

Key Questions Answered in The Report:

Which microfluidics material to hold the largest market share?

In 2019, Polydimethylsiloxane (PDMS), by material, held the biggest share of the revenue. Owing to its elastomeric features, permeability, strength, biocompatibility, visual clearness, along with the cheap price tag, the material is utilized to produce microfluidics-based devices.

Which medicinal technologies to account major revenue share?

RT-PCR & PCR were the medicinal technologies, generating the major revenue in 2019. The sector is estimated to keep hold of its lead, all over the period of the forecast. Digital PCR, together with microfluidics device, permit a big amount of PCR response, which is to be automatically circulated in Nano sized measurements.

Which region is anticipated to dominate the market?

North America ruled the global market in 2019, and is estimated to hold its domination, during the phase of investigation. Presence of top companies in the region, accessibility of the capital for the research, in addition to the funds, along with the introduction of new technologies of sample volume screening, impels the market in North America.

Which application sector to register highest CAGR?

The organs-on-chip application sector is estimated to record the maximum CAGR, all over the forecast period. The technique is capable to potentially decrease the failure percentage in the drug development, by this means decreasing the period as well as funds, linked with the development process of a medicine.

Browse 158 page research report with TOC on "Global Microfluidics Market" at: https://www.millioninsights.com/industry-reports/global-microfluidics-market

Million Insights segmented the global microfluidics market based on Material, Application, Technology and Region:

• Microfluidics Technology Outlook (Revenue, USD Million, 2016 - 2027)
• Medical/Healthcare
• PCR & RT-PCR
• Gel Electrophoresis
• Microarrays
• ELISA
• Others
• Non-Medical
• Microfluidics Application Outlook (Revenue, USD Million, 2016 - 2027)
• 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
• Microfluidics Material Outlook (Revenue, USD Million, 2016 - 2027)
• Silicon
• Glass
• Polymer
• PDMS
• Others
• Microfluidics Regional Outlook (Revenue, USD Million, 2016 - 2027)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• India
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa

• Companies
• Some of the companies for microfluidics market are:
• Fluidigm Corporation
• Cellix Ltd.
• Biomérieux
• Thermo Fisher Scientific
• Life Technologies Corporation
• Bio-Rad Laboratories, Inc.
• PerkinElmer, Inc.
• Illumina, Inc.
• Micronit Micro Technologies B.V.
• Elveflow
• Qiagen
• Abbott Laboratories
• Danaher Corporation
• Agilent Technologies, Inc.
• F. Hoffmann-La Roche Ltd.

Explore the Latest Press Releases by Million Insights:

• Adhesion Barrier Market - As per the published report, the global adhesion barrier market is projected at USD 1.2 billion by 2027 and is expected to record 7.1% GAGR during the period of the forecast.
• Stem Cells Market - As per the published report, the global stem cells market is estimated to arrive at USD 17.9 billion by 2027. It is expected to witness 8.2% CAGR in the period of the forecast.
• Data Science Platform Market - As per the published report, the global data science platform market size is estimated to arrive at USD 25.94 billion by 2027. It is projected to develop by 26.9% CAGR in the period of the forecast.
• Plant-based Meat Market - As per the published report, the global plant-based meat market size is estimated to arrive at USD 13.8 billion by 2027. It is projected to develop by 19.4% CAGR, in the period of the forecast.

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:

Ryan Manuel 
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: [email protected]  
Web: https://www.millioninsights.com/ 
Follow Us: LinkedIn | Twitter

SOURCE Million Insights