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Microfluidics Market to Witness Huge Growth by Key Players: Danaher Corporation, Thermo Fisher Scientific, PerkinElmer Inc, Agilent Technologies, Bio-Rad Laboratories Inc, Becton, Dickinson and Company, Fluidigm Microfluidics, Abbott Laboratories and Othe

05-19-2020 05:24 PM CET | Health & Medicine

Press release from: ReportsandReports

Microfluidics Market to Witness Huge Growth by Key Players:

According to Market Study Report, Microfluidics Market provides a comprehensive analysis of the Microfluidics Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Microfluidics Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Microfluidics Market size is projected to reach USD 44.0 Billion by 2025 from USD 15.7 Billion in 2020, at a CAGR of 22.9% during the forecast period. This report spread across 286 pages, profiling 20 companies and supported with 218 tables and 57 figures are now available in this research.

Top Key Players Profiled in the Microfluidics Market:
o Danaher Corporation (US)
o Thermo Fisher Scientific (US)
o PerkinElmer Inc. (US)
o Agilent Technologies (US)
o Bio-Rad LaboratoriesInc. (US)
o Becton Dickinson and Company (US)
o F. Hoffmann-La Roche (Switzerland)
o Illumina Inc. (US)
o Fluidigm Microfluidics (US)
o Abbott Laboratories (US)
o QIAGEN (Netherlands)
o Parker-Hannifin Corporation (US)
o Fluigent SA (France)
o Idex Corporation (US)
o Camozzi Automation Spa Societa Unipersonale (Italy)
o Gems Sensors and Control (US)
o Aignep S.P.A. (Italy)
o SMC Corporation (Japan)
o Dolomite Microfluidics (UK)
o Cellix Ltd. (Ireland)
o Elveflow (France)
o Microfluidic ChipShop (Germany)
o Micronit Microtechnologies (Netherlands)
o MicroLiquid (Spain)

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"In 2019, in-vitro diagnostics accounted for the largest share of the market."
Based on the application, the in-vitro diagnostics segment accounted for the largest share of the microfluidics market in 2019. The large share of this segment can be attributed to the increasing integration of microfluidics with laboratory analytical instruments, growing need for portable diagnostic equipment, and increasing demand for point-of-care testing.

"In 2019, the hospitals & diagnostic centers segment accounted for the largest share of the market."
Based on end-users, the hospitals & diagnostic centers segment accounted for the largest share of the microfluidics market in 2019. The large share of this segment is attributed to the increasing use of microfluidic-based diagnostic devices, increasing adoption of microfluidics for the rapid diagnosis of various chronic diseases, technological advancements, and the inherent advantages of microfluidics

"APAC is projected to witness the highest growth during the forecast period."
The APAC microfluidics market is estimated to register the highest CAGR during the forecast period. Factors such as the growing geriatric population, growing per capita income, increasing investments in the healthcare industry, rising demand for advanced technologies, and the expansion of private-sector hospitals to rural areas in various countries in the region.

Breakdown of primary participants' profile:
o By Company Type: Tier 1-53%, Tier 2-26%, and Tier 3-21%
o By Designation: C-level-42%, Director Level-26%, and Others-32%
o By Region: North America-26%, Europe-35%, Asia Pacific-20%, Latin America-11%, Middle East & Africa-8%

Competitive Landscape of Microfluidics Market:
1 Overview
2 Product Portfolio Matrix
3 Competitive Situation And Trends
3.1 Product Launches
3.2 Partnerships, Agreements, And Collaborations
3.3 Acquisitions
3.4 Expansions
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.2 Innovators
4.3 Dynamic Differentiators
4.4 Emerging Companies

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Research Coverage:
The report analyzes the various infusion pump devices and their adoption patterns. It aims at estimating the market size and future growth potential of the microfluidics market for different segments such as product, application, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market, along with their company profiles, product offerings, and recent developments.

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