Press release
Fluidic Devices Industry: Predicting Precision in Fluid Management (2023-2033)
The fluidic devices market saw a CAGR of 7.6% over the previous ten years (from 2012 to 2022), growing to a value of US$ 225.4 million in 2022. By the end of 2033, sales of fluidic devices are expected to reach US$ 601.6 million, representing a high-value CAGR of 9.4%.The Fluidic Devices market is set to witness substantial growth in the forecast year, fueled by significant advancements in the field of microfluidics. As industries embrace the potential of fluidic devices in a wide range of applications, innovation and technological advancements have propelled their adoption in various sectors. From healthcare and biotechnology to electronics and environmental monitoring, fluidic devices are revolutionizing processes and enhancing performance across industries.
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Microfluidics, in particular, has emerged as a driving force behind the growth of the fluidic devices market. The ability to manipulate minute volumes of fluids with precision and control has opened up new possibilities for research, diagnostics, and product development. Miniaturization and integration of complex fluidic systems have become increasingly achievable, resulting in more efficient and cost-effective solutions that meet the demands of modern industries.
The healthcare and biotechnology sectors have witnessed remarkable progress through the integration of fluidic devices. Microfluidic platforms have enabled advancements in point-of-care diagnostics, DNA sequencing, drug delivery, and personalized medicine. These devices offer rapid and accurate analysis, reducing the need for costly and time-consuming laboratory processes, thus transforming healthcare and biotech practices.
In the electronics industry, the miniaturization trend has driven the demand for fluidic devices as well. Their application in thermal management, cooling systems, and inkjet printing has improved the efficiency and performance of electronic devices. With the growing need for compact and high-performance electronics, fluidic devices have found a significant role in shaping the future of the industry.
Moreover, environmental monitoring and analysis have also benefitted from the adoption of fluidic devices. Their ability to handle small sample volumes while delivering accurate results has enhanced monitoring capabilities in areas such as air and water quality, soil analysis, and climate research. As environmental concerns intensify, the demand for efficient and precise monitoring solutions is expected to drive the growth of fluidic devices in this sector.
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In conclusion, the Fluidic Devices market is witnessing remarkable growth in the forecast year, primarily driven by advancements in microfluidics that are transforming industries across the board. From healthcare and biotechnology to electronics and environmental monitoring, fluidic devices have proven to be versatile and innovative tools. As technology continues to evolve and industries seek more efficient and sustainable solutions, the future of the fluidic devices market appears promising and full of opportunities.
Companies Covered in This Report -
• Cellix Ltd.
• Elveflow
• Nortis Inc.
• Fluigent SA
• Perkinelmer, Inc.
• Fluidic Analytics
• Blacktrace Holdings Ltd.(Dolomite Microfluidics)
• SynVivo, Inc.
• Emulatebio
• Micronit B.V.
• Emerson Electric Co.
• LUMICKS
• microfluidic ChipShop GmbH
• Bartels Mikrotechnik GmbH
• LEE Ventus
• CETONI GmbH
• Christian Bürkert GmbH & Co. KG
• VWR International, LLC.
• Harvard Apparatus
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Key Segments of Fluidic Devices Industry Research
Product:
• Microchips
o Polymers
o Glass
o Silicon
o Ceramics
o Others
• Flow & Pressure Sensors
• Flow & Pressure Controllers
• Microfluidic Valves
• Micropumps/Microinjectors
o Syringe Microinjectors/Micropumps
o Peristaltic Pumps
o Pressure Microinjectors/Micropumps
o Others
• Microfluidic-based-Devices
o Organ-on-Chip
o TEER-on-Chip
• Other Components
Application:
• Disease Diagnostics
o Clinical Diagnostics
o Point-of-Care Testing
• Pharma & Life Science Research & Manufacturing
o Genomics
o Proteomics
o Drug Discovery & Development
o Capillary Electrophoresis
o Others (Micro Reactions, Microdispensing, etc.)
• Others (Forensics, Environmental, Food Safety, and Quality Control)
End User:
• Hospitals
• Diagnostic Centers
• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa
About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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