Microfluidic Chips Market – Industry Trends and Forecast to 2026

The Global Microfluidic Chips Market 2021-2026 Report provides an introduction to the industry, including definitions, categories, applications, and the industrial chain structure. The Microfluidic Chips Market investigation includes development trends, competitive landscape analysis, SWOT Analysis, and growth status for major regions for international markets. The report provides key statistics on the market status and is also a valuable source of guidance and advice to companies and individuals interested in the industry.

The Microfluidic Chips market is envisaged to record an expansion at the CAGR of 12.96% over the forecast period, 2021 – 2026

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Market Overview

Rapid detection is of crucial importance in the COVID-19 pandemic. A large number of cases are being tested, which puts a heavy burden on laboratories. Rapid detection can reduce the number of unnecessary visits to the health clinics and help the health sector to save lives by treating patients with positive test results. Microfluidics is associated with handling a tiny amount of fluid in micron-scale channels and chambers. Hence, it will allow researchers to handle fewer amounts of samples and reagents with higher efficiencies and generate results faster than conventional methods, owing to the high potentials of microfluidic technology. For instance, a December 2020 article 'Evaluation of current diagnostic methods for COVID-19' states that biosensor-based virus detection systems that utilize nanotechnology and microfluidics and instrumental advances are considered promising technologies in pandemic situations like COVID-19.

Top Microfluidic Chips Market Company Profiles:

Agilent, Fluidigm Corporation, Micralyne, Inc, Becton Dickinson, Danaher, PerkinElmer, Bio-Rad Laboratories, Dolomite, 908 Devices, MicroLIQUID, MicruX Technologies, Micronit, Fluigent

Recent Devlopment

Danaher’s largest acquisition to date was in 2019, when it acquired GE Biopharma for $21.4B. It’s largest disclosed sale occurred in 2015, when it sold Danaher Corp - Communications Business to NetScout Systems for $2.3B. Danaher has acquired in 13 different US states, and 12 countries. The Company’s most targeted sectors include test/measurement equipment (22%) and medical products (20%).

Market Segmentation

By Type:

Polymers

Ceramics

Semi-Conductors

By Application:

Pharmaceutical

Diagnostic

Drug Deliver

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North America Dominates the Market 

North America dominates the microfluidics market, which is majorly attributed to factors such as the well-established healthcare system and the higher adoption of novel therapeutics among the general population. Microfluidics is a vastly growing field in the United States with a high budget for R&D. In 2018, US healthcare accounted for 17.9% of the GDP. The United States is one of the major destinations for all the recent advancements. The point-of-care diagnostics uses microfluidic technology for various applications, like molecular diagnostics, infectious diseases, and chronic diseases, which aim to produce integrated microfluidic devices that are easy to use and rapid.

Microfluidic Chips Market: Regional Outlook

The chapter for regional segmentation describes regional aspects of the Microfluidic Chips Market. This chapter explains the regulatory framework that is likely to affect the wider market. It highlights the political scene in the market and predicts its influence in the Microfluidic Chips Market.

The Middle East and Africa (GCC Countries and Egypt)

North America (USA, Mexico, and Canada)

South America (Brazil, etc.)

Europe (Turkey, Germany, Russia, Great Britain, Italy, France, etc.)

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report answers questions such as:

What is the market size and forecast of the Global Industrial Microfluidic Chips Market?
What are the inhibiting factors and impact of COVID-19 shaping the Global Industrial Microfluidic Chips Market during the forecast period?
Which are the products/segments/applications/areas to invest in over the forecast period in the Global Industrial Microfluidic Chips Market?
What is the competitive strategic window for opportunities in the Global Industrial Microfluidic Chips Market?
What are the technology trends and regulatory frameworks in the Global Industrial Microfluidic Chips Market?
What is the market share of the leading vendors in the Global Industrial Microfluidic Chips Market?
What modes and strategic moves are considered suitable for entering the Global Industrial Microfluidic Chips Market?

Table of Contents: Microfluidic Chips Market

Chapter 1: outline of Microfluidic Chips Marketplace

Chapter 2: worldwide market reputation and forecast through areas

Chapter 3: worldwide marketplace popularity and forecast by using types

Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

Chapter 5: marketplace riding issue evaluation

Chapter 6: market opposition reputation by major producers

Chapter 7: essential producers Presentation and market data

Chapter 8: Upstream and Downstream marketplace investigation

Chapter 9: Fetched and net part investigation

Chapter 10: advertising reputation research

Chapter 11: marketplace file end

Chapter 12: research technique and Reference

Customization:

The Global Microfluidic Chips Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

Impact of Covid-19:

The COVID-19 pandemic is still spreading, destruction on people, communities, and companies. Several industries' growth will be adversely harmed, while many other areas will likely stay unaffected and exhibit exciting growth opportunities. We reevaluate the impact on businesses and update our report estimates as the pandemic spreads in certain locations and plateaus in others.

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This release was published on openPR.