Press release
Microfluidic Devices Market Shows Surprising Growth in 2020. Leading Players are F. Hoffmann-La Roche Ltd, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Fluidigm Corporation, RainDance Technologies Inc.
Microfluidic Devices Market business analysis document carries out the methodical and comprehensive market research study that puts forth the facts and figures linked with any subject about Healthcare industry. This market research report acts as a great support to any size of business whether it is large, medium or small. Microfluidic Devices market report is formulated with the most excellent and superior tools of collecting, recording, estimating and analysing market data of Healthcare industry. In addition, it strategically profiles the leading key players and thoroughly analyzes their growth strategies. The several salient features of this report make this Microfluidic Devices market document outperforming.The market type, organization size, availability on-premises, end-users' organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are kept at the centre while building this global Microfluidic Devices market report. Moreover, the report analyzes the market key players via SWOT analysis, value and worldwide market share for leading players. The data is also checked and verified by the market experts before publishing it into the market report and providing it to the client.
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Global microfluidic devices market is expected to register a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the significant rise in the demand for POCT testing as well as an increase in the application areas of microfluidic devices in genomics and proteomics.
Few of the major competitors currently working in the global microfluidic devices market are F. Hoffmann-La Roche Ltd; Agilent Technologies, Inc.; Bio-Rad Laboratories, Inc.; Fluidigm Corporation; RainDance Technologies, Inc.; Cepheid; Blacktrace Holdings Limited; Micronit Micro Technologies B.V.; BD; MICRUX; uFluidix; Elveflow; Koninklijke Philips N.V.; Carville Limited; inziGn Pte Ltd.; MicroLab Devices; ARaymond; MICROLIQUID; Epigem Limited; LioniX International; Little Things Factory GmbH; microfluidic ChipShop GmbH; Micralyne, Inc. MEMS Foundary and Lunaphore Technologies among others.
Report Highlights:
Detailed overview of parent market (Microfluidic Devices Market)
Changing market dynamics in the Microfluidic Devices market
In-depth Microfluidic Devices market segmentation
Historical, current, and projected Microfluidic Devices market size in terms of volume and value
Recent industry trends and developments in the global Microfluidic Devices market
Competitive landscape
Strategies of key players and products offered in the global Microfluidic Devices market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Microfluidic Devices market performance
Must-have information for market players in Microfluidic Devices market to sustain and enhance their market footprint
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Market Definition: Global Microfluidic Devices Market:
Microfluidic devices are the instruments, consumables and medical devices that are utilized in the field of microfluidics. These devices are used in the controlling, monitoring and manipulation of fluids at the micro level generally at a sub-millimeter scale. This field is currently being utilized in the development of medicine, protein crystallization and cell biology research. These devices therefore result in improvement of healthcare services and resulting in better treatment services being provided to the patient.
Segmentation: Global Microfluidic Devices Market:
Microfluidic Devices Market : By Material
Glass
Polymer
Silicon
Others
Microfluidic Devices Market : By Applications
In-Vitro Diagnostics
Pharmaceuticals
Medical Devices
Microfluidic Devices Market : By End-Users
Point-Of-Care-Testing (POCT)
Pharmaceutical & Life Science Research
Drug Delivery
Analytical Devices
Clinical & Veterinary Diagnosis
Environment & Industrial
Microfluidic Devices Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Microfluidic Devices Market:
In February 2019, Lunaphore Technologies announced the launch of their CE marked product for immunohistochemistry (IHC) staining. The product is an automated reagent delivery system branded as "LabSat" and complies with all the regulations presented by the authorities of the European Union. The accuracy and high-speed operations are achieved with the help of innovative microfluidic device processor which is the basis for the operation of the device. The microfluidic technology which is patented enables significant reduction in the incubation time
In April 2016, ARaymond and Leti announced that they had entered into a joint initiative for the advancements and production of medical devices, focusing on microfluidic cartridges. The collaboration will focus on the development of cartridges so that the time taken for the detection of results and costs associated can be significantly reduced. This collaboration will give complement to both organizations' strengths helping in the faster introduction of medical devices and innovative solutions
Microfluidic Devices Market Drivers:
Improvements in the manufacturing processes of these devices is expected to positively affect the growth of the market
Growing levels of research conducted for the production of these devices from polymeric materials is also expected to positively affect the growth of the market
Reduction in the sizes of chips, essentially resulting in miniaturization of devices is also expected to drive the growth of the market
Microfluidic Devices Market Restraints:
Presence of strict regulations in the market presented by the authorities of different regions regarding the approvals and commercialization of the product are factors restraining the growth of the market
Complications with the surface chemistry and geometrical issues with these devices is also expected to restrict the growth of the market
Microfluidic Devices Market : Competitive Analysis:
Global microfluidic devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of microfluidic devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Opportunities in the Microfluidic Devices Market Report :
Comprehensive quantitative analysis of the industry is provided for the period of 20XX-20XX to assist stakeholders to capitalize on the prevailing market opportunities.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Microfluidic Devices Market report.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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