Strong Growth Ahead: Microfluidics Market Size To Grow At Arecord 15.2% Cagr By 2029

The Microfluidics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Microfluidics Market Size Expected to Be by 2034?
In the past few years, the market size for microfluidics has expanded significantly. There's a projected increase from $9.16 billion in 2024 to $10.38 billion in 2025, representing a compound annual growth rate (CAGR) of 13.3%. Factors contributing to the growth during the historic period include robust economic development in emerging markets, a rise in chronic disease occurrences, new infections and fatalities caused by the COVID-19 virus, and a boost in healthcare spending.

In the coming years, the microfluidics market size is anticipated to undergo swift expansion, reaching $18.25 billion by 2029 with a compound annual growth rate (CAGR) of 15.2%. The predicted growth during this period can be ascribed to the escalating demand for point-of-care testing within the healthcare field, heightened necessity for microfluidics, and an uptick in clinical studies devoted to cell-based therapies. Foreseen trends during this period encompass the application of white blood cell isolation techniques, innovative products, the incorporation of digital microfluidics platforms, the employment of 3D printing within microfluidics, technological progressions, the use of invitro diagnostics tests, as well as strategic alliances and collaborations.

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What Are the Emerging Segments Within the Microfluidics Market?
The microfluidics market covered in this report is segmented -

1) By Material: Silicon-Based Microfluidics, Glass-Based Microfluidics, Polymer-Based Microfluidics
2) By Application: Industrial And Environmental, Drug Delivery, Pharmaceutical And Life Science Research, Analysis, Clinical And Veterinary Diagnostics

Subsegments:
1) By Silicon-Based Microfluidics: Bulk Micromachined Silicon, Silicon-on-Insulator (SOI), Nano-Structured Silicon
2) By Glass-Based Microfluidics: Borosilicate Glass, Fused Silica Glass, Soda-Lime Glass
3) By Polymer-Based Microfluidics: Polydimethylsiloxane (PDMS), Poly(methyl methacrylate) (PMMA), Polycarbonate (PC), Other Polymer Materials

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What Long-Term Drivers Are Shaping Microfluidics Market Trends?
The demand for upgraded and superior point-of-care testing in the medical sector is fuelling the growth of the microfluidics market. With Point-of-care testing (POCT), medical professionals can speedily detect and diagnose diseases at or close to the patient's location, which is more efficient than conventional lab testing. Microfluidics-based POC devices are cost-effective and portable, offering both accuracy and rapid results. With nations worldwide progressively making investments in POC testing capabilities, it is anticipated this investment will provide seamless testing services to their citizens, thereby escalating demand for groundbreaking microfluidics associated with POC testing devices. For example, Eurostat, the official statistical office of the European Union, reported that in 2022, approximately 36.1% of the EU population aged 16 and above claimed to have a long-term illness or health issue. Consequently, this rising demand for point-of-care testing is anticipated to heighten demand for microfluidics through the forecast period.

Who Are the Top Competitors in Key Microfluidics Market Segments?
Major companies operating in the microfluidics market include Thermo Fisher Scientific, Agilent Technologies, Illumina Inc, Bio-Rad Laboratories, Fluidigm Corporation, Dolomite Microfluidics, PerkinElmer, Inc., Biosurfit SA, Sphere Fluidics Limited, Micronit Micro Technologies B.V., Parker Hannifin Corp., Fluigent, Camozzi, Gems Sensors, Inc., Aignep S.P.A., SMC Corporation, Cellix Ltd, Elveflow, Microliquid, S.L., Danaher Corporation, BD, Absolute Ozone, FlowJEM, uFluidix, QuantWave Technologies Inc., Shelron Enterprises, Harvard Bioscience, Inc., Abaxis, Inc., OPKO Health, Inc., IDEX Health & Science LLC, Stämm, The Advanced Microfluidics and Microdevices Laboratory, Chromatotec Group, Abbott, Safarmex PTY Ltd

What Are the Major Trends Shaping the Microfluidics Market?
The surge in the microfluidics market can be attributed to advancements in product innovations. Firms in the microfluidics sphere are forging ahead with innovative products to cater to rapidly increasing market requirements and consolidate their standing. A case in point is Miroculus Inc., an organization based in California specializing in personal lab automation solutions, which launched Micro Canvas in March 2022. This is a digital microfluidics platform tailored to automate intricate next-generation sequencing platforms.

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Which Regions Are Becoming Hubs for Microfluidics Market Innovation?
North America was the largest region in the microfluidics market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the microfluidics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Microfluidics Market?
2. What is the CAGR expected in the Microfluidics Market?
3. What Are the Key Innovations Transforming the Microfluidics Industry?
4. Which Region Is Leading the Microfluidics Market?

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