Microfluidics Market Shows Exponential Growth Ahead Key Players Profile Danaher Corporation, PerkinElmer Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., uFluidix, Dolomite Centre and Micronit Microfluidics

Microfluidics market Overview:
Microfluidic technology refers to the operation and control of liquids with flow channels. The technique has gained impetus due to its growing applications in areas such as point-of-care devices and diagnostic techniques in vitro for pregnancy kits and glucometer kits. The report indicates that the technology will show considerable progress in the coming years due to its new applications in the areas of pharmaceutical products, in vitro diagnostics and drug deliveries.

The global microfluidics market is estimated to be valued at USD 8.49 billion at the end of 2024 from its net worth of USD 1.82 billion in 2016. The market is expected to project a stable CAGR of 21.23% between 2016 and 2024.

Avail Sample of the report @ https://www.researchcosmos.com/request/global-microfluidics-market-analysis-and-forecast-2016-2024/3657445

Drivers and Restraints:
Technological advancement is one of the main drivers of the microfluidics market. In February 2017, a team of scientists from the Stanford University School of Medicine developed an economics laboratory on-chip electronics, microfluidics and inkjet technology. It is a two-part system comprising a microfluidic chamber for cells, an electronic band and an inkjet printer. It is capable of counting cells, isolating cells and also capturing a mixture of individual cells. This device must have diagnostic applications. Microfluidics has been used successfully in the diversity of commercial products. For the multiplex genotyping of SNP (single-nucleotide polymorphism), Fluidigm's highly integrated fluidic circuits provide a low-cost, high-performance sampling solution. Quanta Life uses microfluidic technologies based on droplets to perform digital PCR for the quantification of nucleic acids. The Caliper LabChip system uses a microfluidic glass chip to provide high-performance fluorescent and electrophoretic analyzes of protein fragments and nucleic acids. The market potential attracts many players to increase their market share through collaborations. Collaborations with other market experts allow the development of solid product portfolios and newer and improved versions of microfluidic devices or technologies. For example, in July 2015, CEA Tech-Leti announced that it would continue its collaboration with Illumina, Inc. Through this collaboration, Leti and Illumina would work on next-generation digital microfluid technology.

Geographical Insights:
North America accounted for the largest share in 2017, followed by Europe, Asia-Pacific respectively. The presence of leading market leaders, such as Danaher Corporation and Thermo Fisher Scientific Inc. in the United States contributes significantly to the region's revenues. In addition, the introduction of advanced technologies, a large amount of research to improve sample volume optimization techniques and the strong growth of the POC diagnostic market also contribute to the growth of the market in the region. In addition, organizations must have strong financial support for new diagnoses of chronic diseases, such as cancer and stroke. For example, in December 2011, Grand Challenges Canada and the Bill and Melinda Gates Foundation donated USD 31 Million to innovate in diagnostics.

Browse More Details of the report and TOC @ https://www.researchcosmos.com/reports/global-microfluidics-market-analysis-and-forecast-2016-2024-industry-growth-opportunities/3657445

Key Players of microfluidics market
Danaher Corporation, PerkinElmer Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., uFluidix, Dolomite Centre, Micronit Microfluidics, Abbott, F Hoffmann-La Roche AG, and Fluidigm Corporation are the major players of the microfluidics market.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Make an Inquiry before buying @ https://www.researchcosmos.com/inquire/global-microfluidics-market-analysis-and-forecast-2016-2024/3657445

Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757
LinkedIn - https://www.linkedin.com/company/market-research-cosmos
Twitter - https://twitter.com/researchcosmos
Google+ - https://plus.google.com/109756852849129986268
Facebook - https://www.facebook.com/researchcosmos/

This release was published on openPR.