Microfluidics Market Outlook 2020 (COVID 19 Impact Analysis)| Development Trends, Market Demands, Industry Analysis & Forecast by 2027

The microfluidics market provides practical application of small fluid volumes for design of systems and development of solutions. The global healthcare technology market is estimated to reach $53 billion by 2014 at a CAGR of 16%. Microfluidics is an emerging technology with growing acceptability in healthcare applications. The key driver for the microfluidics market is the ‐great (or rising) demand in point-of-care (POC) and in-vitro diagnostics. For example, according to World Health Organization (WHO), 95 million people received HIV testing in low and middle-income countries in 2010. Application of microfluidics in HIV testing at POCs is expected to cut cost, thereby increase the demand for the technology.

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Microfluidics Market Competitive Analysis:

Leading market players Abbott Laboratories, Inc., Perkinelmer, Inc., Cepheid, Inc., Raindance Technologies, Becton, Dickinson, Bio-Rad Laboratories, Inc., Johnson & Johnson, Life Technologies Corporation, Microfluidic Chipshop GMBH and Siemens Healthcare., others provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Covid-19 Impact on the Global Microfluidics Market:

Microfluidics Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

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Microfluidics Market Segmentation:

The research offers a detailed segmentation of the global Microfluidics market. Key segments analyzed in the research,

GLOBAL MARKET, BY MATERIAL TYPE

• Silicon-Based Microfluidics
• Glass-Based Microfluidics
• Polymer-Based Microfluidics
• Other Materials-Based (Paper & Ceramics) Microfluidics

GLOBAL MARKET, BY INDUSTRY

• Pharmaceuticals
o Microfluidic Chips for Lab Analytics
o Accurate Dispensing Devices
o Microreactors for Drug Synthesis

• Drug Delivery Devices
o Inhaler Nozzles
o Microneedles
o Micropumps

• In-Vitro Diagnostics
o Clinical Diagnostics
o Point-of-Care (POC)
o Environmental Testing
o Industrial Testing
o Agro Food Testing

GLOBAL MARKET, BY APPLICATION

• Industrial & Environmental
• Drug Delivery
• Pharmaceutical & Life Science Research
• Analysis (Toxicity Screening, Proteomic
Analysis & Gene Sequencing)
• Clinical & Veterinary Diagno

and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.

Microfluidics Market Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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