Press release
At a CAGR of 18.7%, Micropump Market is Estimated to Reach USD 12.4 Billion by 2034 | TMR Research
Micropump
Micropump Market (마이크로펌프 시장) is expected to grow at a CAGR of 18.7% from 2024 to 2034 and reach US$ 12.4 Bn by the end of 2034
Download Sample of the Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83929
Overview of Micropump Market
The global micropump market is experiencing robust growth due to the increasing demand for miniaturized medical devices, advancements in microelectromechanical systems (MEMS) technology, and the rising prevalence of chronic diseases. The market is segmented by type (mechanical micropumps, non-mechanical micropumps), application (medical, drug delivery systems, in-vitro diagnostics, microfluidics, chemical and biomedical research), and geographical regions.
Global Market Key Players
LEE Ventus Limited
Sensile Medical AG
Cole-Parmer India
iDEX
Dolomite Microfluidics
Gardner Denver
Takasago Fluidic Systems
Halma Plc
Servoflo Corporation
Recent Developments in Micropump Market
Recent advancements and trends in the micropump market include:
MEMS Technology: Continued development and refinement of MEMS technology, enhancing the performance, reliability, and integration of micropumps in various applications.
Biocompatible Materials: Use of biocompatible materials to ensure safety and compatibility for medical and pharmaceutical applications.
Smart Drug Delivery Systems: Innovation in smart drug delivery systems that incorporate micropumps to provide precise and controlled drug administration.
Wearable Devices: Growing trend of integrating micropumps in wearable medical devices for continuous monitoring and treatment of chronic conditions.
Microfluidics: Expansion of micropump applications in microfluidics for lab-on-a-chip devices, enabling high-throughput screening and diagnostics.
Drivers of Market Growth
Several factors contribute to the growth of the micropump market:
Increasing Prevalence of Chronic Diseases: Rising incidence of chronic diseases such as diabetes, cardiovascular diseases, and cancer drives the demand for advanced drug delivery systems and diagnostic devices.
Technological Advancements: Continuous advancements in MEMS technology and materials science enhance the functionality and application of micropumps.
Demand for Miniaturized Medical Devices: Growing demand for compact, portable, and efficient medical devices fuels the market for micropumps.
Biomedical Research and Development: Increased investment in biomedical research and development drives innovation and the adoption of micropumps in research settings.
Aging Population: Aging global population necessitates advanced medical devices for management and treatment of age-related conditions.
Explore Sample of the Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83929
Conclusion
The micropump market is poised for substantial growth, driven by the increasing prevalence of chronic diseases, advancements in MEMS technology, and rising demand for miniaturized medical devices. Innovations in biocompatible materials, smart drug delivery systems, and wearable devices are enhancing the application and effectiveness of micropumps across various sectors.
Market Segmentation
Product Type
Mechanical Micropump
Piezoelectric Micropump
Peristatic Micropump
Others (Syringe Pump, etc.)
Non-mechanical micropump
Material
Polymer
Glass
Silicon
Application
Drug Delivery
In-vitro Diagnostics
Medical Devices
Others
End-user
Biopharmaceutical Companies
Hospitals & Diagnostic Centers
Academic & Research Institutes
Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Buy this Premium Research Report:
https://www.transparencymarketresearch.com/checkout.php?rep_id=83929<ype=S
More Trending Report by Transparency Market Research:
https://www.globenewswire.com/news-release/2024/03/07/2841963/32656/en/Blood-Group-Typing-Market-Expected-to-Reach-USD-5-5-billion-Projected-Growth-at-8-8-CAGR-by-2031-Transparency-Market-Research-Inc.html
Blood Group Typing Market (Marché du typage des groupes sanguins):
Pharmaceutical Chemicals Market (医薬品化学品市場): https://www.globenewswire.com/en/news-release/2024/01/15/2808957/32656/en/Pharmaceutical-Chemicals-Market-Size-to-be-Worth-USD-339-3-billion-by-2031-with-a-Projected-CAGR-of-5-8-Says-Transparency-Market-Research-Inc.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At a CAGR of 18.7%, Micropump Market is Estimated to Reach USD 12.4 Billion by 2034 | TMR Research here
News-ID: 3576867 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Micropump
Micropump Market Size, CAGR | Growth - 2028
Micropumps, miniature marvels in fluid dynamics, are spearheading a revolution in precision drug delivery and medical diagnostics. This article navigates through the dynamic realm of micropumps, elucidating their transformative role in healthcare, market projections, key drivers, challenges, and regional dynamics shaping their trajectory.
Micropumps are compact devices designed to deliver fluids with unparalleled precision, particularly vital in applications necessitating exact dosing. With a projected CAGR of 19.1%, the global micropump market…
Micropump Market Size, CAGR | Trend 2028
The Micropump Market Research Report provides an in-depth analysis of the market dynamics, key players, and competitive landscape of the Micropump industry. It aims to provide valuable insights into the market trends, growth opportunities, and challenges faced by the industry stakeholders. The report serves as a comprehensive guide for businesses and investors looking to make informed decisions in the Micropump business.
The Micropump Market share is influenced by several factors that…
Micropump Market Growth, Development and Opportunities in 2023-2031 | TTP Ventus …
The global micropump market size was US$ 1.6 billion in 2021. The global micropump market size is estimated to reach US$ 6.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.2% during the forecast period from 2022 to 2030.
Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17164
Micropumps are instruments that can regulate and manipulate small fluid volumes. Smaller than ordinary pumps, micro-pumps are capable of moving…
Micropump Market Size Report | Growth - 2028
According to Ameco Research, the worldwide micropump market will increase at a CAGR of more than 19% throughout the forecast period, reaching a market size of more than US$ 5,840 million by 2028.
The growing prevalence of chronic disorders such as cancer, diabetes, and cardiovascular among others is the primary reason for the rapid growth of micropump market. According to the WHO, cancer is the top cause of mortality worldwide, with…
Micropump Market Expand globally by new Business Investors
The report offers meticulous analysis of the global micropump market by thoroughly studying different assets of the market including major segments, market dynamics, regional market conditions, investment opportunities, and top players functioning in the market.
The report also sheds light on present scenario and upcoming trends and developments that are contributing in the growth of the market. In addition, key market boomers and opportunities driving the market growth are provided in…
Micropump Market New Innovation and Perception 2020: CircuLite, Xavitech, Takasa …
A new market report by The Insight Partners on the Micropump Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. The forecasts mentioned in the report have been…
