The global “microfluidic devices market” is expected to gain impetus from increasing technological advancements in the biotechnology domain. According to a report by Fortune Business Insights, titled, “Microfluidic Devices Market Size, Share and Industry Analysis, By Device Type (Chips, Sensors, and Others), By Material (Glass, Silicon, PDMS and Others), By Applications (Pharmaceutical and Life Science Research, Diagnosis and Treatment, and Others), By End-user (Diagnostic Centers, Research Institutes, Pharmaceutical and Biotechnology Companies, Healthcare Facilities and Others) and Regional Forecast, 2019-2026,” the market is projected to reach USD 22.65 Billion by 2026, thereby exhibiting a CAGR of 20.5% during the forecast period. However, the global microfluidic devices market size was valued at USD 5.14 Billion in 2018. The report further states that renowned market players are focusing on low-cost materials for manufacturing microfluidic sensors and chips. It would contribute to the market growth in the forthcoming years.
The report covers:
- Global Microfluidic Devices Market trends, with detailed analysis on consumer trends and manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
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Leading Players operating in the Microfluidic Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- uFluidix
- Perkin Elmer
- Fluidigm
- Blacktrace Holdings Ltd. (Dolomite Microfluidic)
- Micronit
- BioFluidix GmbH
- Fluigent
- ALine, Inc.
- Philips
- Other prominent players
Rising Usage of Microfluidic Devices to Boost Growth of Pharmaceutical and Biotechnology Companies Segment
In terms of end-user, the global microfluidic devices market is grouped into pharmaceutical and biotechnology companies, research institutes, diagnostic centers, and healthcare facilities and others. Out of these, the pharmaceutical and biotechnology companies segment is projected to lead the global market by acquiring the highest revenue in terms of share. It would occur due to the increasing manufacturing and usage of sensors, chips, and other microfluidic devices to offer novel and robust devices to the consumers. However, diagnostic centers and research institutes will also grow rapidly during the forecast period by utilizing microfluidic devices for various applications.
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- New Product Launch
- Technological Development in the Microfluidic Devices Market
- Overview of the Regulatory Scenario for Microfluidic Devices
- Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
- Global Microfluidic Devices Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast By Device Type
- Chips
- Sensors
- Others
- Market Analysis, Insights and Forecast By Material
- Glass
- Silicon
- Polymer
- Others
- Market Analysis, Insights and Forecast By Applications
- Pharmaceutical and Life Science Research
- Diagnosis and Treatment
- Others
- Market Analysis, Insights and Forecast By End User
- Pharmaceutical and Biotechnology Companies
- Research Institutes
- Diagnostic Centers
- Healthcare Facilities and Others
- Market Analysis, Insights and Forecast By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- North America Microfluidic Devices Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast By Device Type
- Chips
- Sensors
- Others
- Market Analysis, Insights and Forecast By Material
- Glass
- Silicon
- Polymer
- Others
- Market Analysis, Insights and Forecast By Applications
- Pharmaceutical and Life Science Research
- Diagnosis and Treatment
- Others
- Market Analysis, Insights and Forecast By End User
- Pharmaceutical and Biotechnology Companies
- Research Institutes
- Diagnostic Centers
- Healthcare Facilities and Others
- Market Analysis, Insights and Forecast By Country
- S.
- Canada
- Europe Microfluidic Devices Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast By Device Type
- Chips
- Sensors
- Others
- Market Analysis, Insights and Forecast By Material
- Glass
- Silicon
- Polymer
- Others
- Market Analysis, Insights and Forecast By Applications
- Pharmaceutical and Life Science Research
- Diagnosis and Treatment
- Others
- Market Analysis, Insights and Forecast By End User
- Pharmaceutical and Biotechnology Companies
- Research Institutes
- Diagnostic Centers
- Healthcare Facilities and Others
- Market Analysis, Insights and Forecast By Country
- K.
- Germany
- France
- Spain
- Italy
- Scandinavia
- Rest of Europe
Continued...
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/microfluidic-devices-market-101098
Report Focus:
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Microfluidic Devices Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Microfluidic Devices Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Microfluidic Devices Market Top Key Players, Global Size, Trends, Key Companies, Growth, Insights and Regional Forecasts Research to 2026
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