Global market for Micro-Pump is expected to reach USD 5.28 billion during the period 2016 to 2027

Market Highlights

Market research future published a cooked research report on global micro-pump market. The global market micro-pump market is expected to reach USD 5.28 billion during the period 2016 to 2027.

The global micro-pump market has been evaluated as rapidly growing market and expected that the market will reach high growth figures. Micro-pumps have been playing a crucial role in the pharmaceutical industry for last few years. Especially in the processes such as drug discovery, development and delivery.

Major Key Players

• Advanced Microfluidics SA
• Alldoo Micropump
• Bio-Chem Fluidics
• Cole-Parmer Instrument Company LLC.
• Dolomite Centre Ltd
• IDEX Corporation
• KNF Neuberger Inc.
• Microfluidica LLC
• Servoflo Corporation
• Takasago Electric Inc.
• TOPS Industry & Technology Co. Ltd.
• World Precision Instruments
• Xavitech

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Key Finding
• The micro-pump global market and is expected to reach $5.28 billion by 2027.
• Mechanical micro-pumps hold the largest share of 66.3% of the micro-pump market.
• North America holds the largest market share of 55.2% of micro-pump market and is anticipated to reach $3.02 billion by the end of forecast period.
• Pharmaceutical Industry holds the largest market share of 54.6% in 2015, and expected to continue the similar growth throughout the forecast period.

The ability of micro-pump to provide a controlled flow of fluids and controlled delivery of drug dosage into the body of the patients are the major factors boosting the demand for such techniques. This has led to the improved healthcare management and better medical outcomes. Growing demand for micro-pump technology in the medical and pharmaceutical industry has played an important role in the growth of the micro-pump market.

The report for Global Micro-pump Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 85 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Micro-pump Market Research Report- Forecast To 2027”

Market Research Analysis:

In the coming years, the micro-pump market will advance globally more than it has in the past several years. There has been an increase in the demand for these devices in pharmaceutical and drug delivery. The overall market has also experienced development due to recent product innovations and various industry partnerships and collaborations. The use of microfluidic devices has gained importance in the biology and medical fields due to its potential to reduce sample and reagent volumes.

These devices can also carry out reaction and detection at lower cost and with better efficiency. Due to the wider applications in the field of pharmaceutical, medical device industry, and in-vitro diagnostic industry and increasing awareness about the importance of the controlled drug delivery, the market for micro-pump is on the rise. Micro-pump industry is going to be a major money spinner in the near future.

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Brief TOC
1 Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
3 Market Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Material Mix Changes Providing Opportunities for New Players
3.2.2 Increase in Global Demand for Point of Care Testing
3.2.3 Rising Awareness about Importance of Controlled Drug Delivery
3.3 Restraints
5 Global Micro-Pump Market, By Type
5.1 Introduction
5.2 Mechanical Micro-pump
5.2.1 Piezoelectric micro-pump
5.2.2 Syringe Pump
5.2.3 Peristaltic Pump
5.3 Non-mechanical Micro-pump
6 Global Micro-Pump Market, By Industry
6.1 Pharmaceutical Industry
6.2 Medical Devices
6.3 In Vitro Diagnostics
Continued…..

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