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Microfluidics Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Illumina, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific
Microfluidics Market
Microfluidics Market Size, Growth Rate, And Forecast
The global microfluidics market size grew from $6.91 billion in 2022 to $7.78 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The microfluidics market size is expected to grow to $12.8 billion in 2027 at a CAGR of 13.2%.
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Microfluidics Market Drivers
The rising demand for advanced and better point-of-care testing in the healthcare industry is driving the microfluidics market.
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Microfluidics Market Segments
1) By Material: Silicon-Based Microfluidics, Glass-Based Microfluidics, Polymer-Based Microfluidics
2) By Application: Industrial & Environmental, Drug Delivery, Pharmaceutical & Life Science Research, Analysis, Clinical & Veterinary Diagnostics
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Microfluidics market.
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Microfluidics Market Key Players
Major players in the microfluidics market are Illumina, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific, Qiagen, Elveflow, Cellix Ltd., Fluidigm Corporation, Fluigent SA, Zeon Corporation, Innovative Biochips, LLC, Dolomite Microfluidics, Idex Corporation, and UFluidix.
The Business Research Company's "Global Microfluidics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Microfluidics Market Include:
1. Executive Summary
2. Microfluidics Market Characteristics
3. Microfluidics Market Trends And Strategies
4. Microfluidics Market - Macro Economic Scenario
5. Microfluidics Market Size And Growth
……
27. Microfluidics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microfluidics Market
29. Microfluidics Market Future Outlook and Potential Analysis
30. Appendix
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