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Microfluidic Devices Market Insights by Application, Type & Players Abbott, Agilent technologies, Inc, Bio-Rad Laboratories, Inc., Cepheid Research Report Foreseeing 2024

04-11-2018 08:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Microfluidic Devices Market Insights by Application, Type &

Market research future published a cooked research report on global microfluidic devices market. The global microfluidic devices market is growing rapidly and is expected to reach USD 13.24 billion by the end of 2024.

Microfluidic Devices: Microfluidic Devices Market is expected to grow at a Healthy CAGR of Over 19.7% During the Forecast Period.

Microfluidic Devices Market Information, By Industry (In-Vitro Diagnostics, Pharmaceutical, Medical Devices), By Material (Polymer, Glass, Silicon), By Application (Clinical and Veterinary Diagnostics, Point of Care, Analytical Devices, Drug Delivery, Environmental and Industrial Applications) - Forecast to 2024

Key Players for Microfluidic Devices Market

Abbott, Agilent technologies, Inc, Bio-Rad Laboratories, Inc., Cepheid, Dolomite Centre, F. Hoffmann-La Roche AG, Fluidigm Corporation, Micronit microfluidics, Raindance Technologies, Inc, Siemens Healthcare GmbH and others.

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MARKET SCENARIO FOR MICROFLUIDIC DEVICES MARKET

Globally, the market for microfluidic devices is gaining significant importance due to growing R&D investment in life sciences, pharmaceuticals, and increasing point of care testing demand. An increase in point of care testing, as an effective method for delivery of treatment, has also led to increase in the demand for microfluidic devices in the global market. Some other factors driving the microfluidic devices market are rise in the commercial and analytical application of these devices and use of microfluidic products for miniaturization of chip. Globally the market for microfluidic devices is increasing rapidly. Globally the market for microfluidic devices is expected to grow at the rate of about 19.7% from 2016 to 2024.

Microfluidic devices exploit the physical and chemical properties of liquids and gases at the micro scale. It offers lot of benefits over conventionally sized systems. It helps to execute many operations at the same time due to their compact size, shortening the time of experiment. It also have an excellent data quality and substantial parameter control which automate the process, while preserving the performances. The microfluidic chip is elaborated so that the incorporated automation allows the user to generate multi-step reactions requiring a low level of expertise and a lot of functionalities. They have the capacity to both process, and analyze samples with minor sample handling. The microsystems execute functions which extend from detecting toxins to analyzing DNA sequences.

SEGMENTATION FOR MICROFLUIDIC DEVICES MARKET

Microfluidic devices market has been segmented on the basis of industry which comprises of in-vitro diagnostics, pharmaceutical, medical devices. On the materials, market is segmented into polymer, glass, silicon. On the basis of application, market is segmented into clinical and veterinary diagnostics, point of care, analytical devices, drug delivery, environmental and industrial applications.



REGIONAL ANALYSIS FOR MICROFLUIDIC DEVICES MARKET

Globally North America is the largest market for Microfluidic devices in 2015. Europe is the second-largest market and is expected to be the fastest growing region during the forecasted period. Furthermore Asian Market for microfluidic devices is expected to grow at the CAGR of 22.8% during the forecasted period.

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Top 5 Reasons to Get this Report:

Company profiling with detailed strategies, financials, and recent development activities

Market Strategic Business Influence Data

Market Research Future recommendations in key business segments based on the market estimations

Market share analysis of the top industry players

Market forecasts for a minimum of 5 years of all the mentioned segments, Trends and the regional markets With SWOT Analysis

MAJOR TOC FOR MICROFLUIDIC DEVICES MARKET

Chapter 1. INTRODUCTION

1.1 DEFINITION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS & LIMITATIONS

1.2.2.1 ASSUMPTIONS

1.2.2.2 LIMITATIONS

1.3 MARKET STRUCTURE:

Chapter 2. RESEARCH METHODOLOGY$ 0.00

2.1 RESEARCH PROCESS

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

Chapter 3. MARKET DYNAMICS $ 950.00

3.1 INTRODUCTION

3.2 DRIVERS

3.2.1 MATERIAL MIX CHANGES PROVIDING OPPORTUNITIES FOR NEW PLAYERS

3.2.2 INCREASE IN GLOBAL DEMAND FOR POINT OF CARE TESTING

3.2.3 MICROFLUIDIC TECHNOLOGIES FOR MINIATURIZATION OF CHIP

3.2.4 RISING DEMAND IN GENOMICS AND PROTEOMICS STUDIES

3.3 RESTRAINTS

3.3.1 GEOMETRICAL AND SURFACE CHEMISTRY ISSUES

3.3.2 ADHERENCE TO STRINGENT REGULATORY REQUIREMENTS

3.4 OPPORTUNITIES

3.4.1 NEW PRODUCT INNOVATIONS

3.4.2 RISE IN PARTNERSHIPS AND COLLABORATIONS

Chapter 4. MARKET FACTOR ANALYSIS$ 950.00

4.1 PORTERS FIVE FORCES MODEL

4.2 BARGAINING POWER OF SUPPLIERS

4.3 BARGAINING POWER OF BUYERS

4.4 THREAT OF NEW ENTRANTS

4.5 THREAT OF SUBSTITUTES

4.6 INTENSITY OF RIVALRY

4.7 COMPETITIVE POSITIONING OF KEY COMPETITORS AND MARKET SHARE ANALYSIS

Chapter 5. GLOBAL MICROFLUIDIC DEVICES MARKET, BY INDUSTRY$ 1,650.00

5.1 IN-VITRO DIAGNOSTICS (IVD)

5.2 PHARMACEUTICAL

5.3 MEDICAL DEVICES

TOC Continued….

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