Press release
Worldwide Microfluidic Devices Market by service provider is expected to reach USD 13244.50 Million and CAGR of 19.70% by 2024
Global Microfluidic Devices Market by service provider is projected to grow at a CAGR of 19.70% and is expected to reach US$ 13244.50 million by 2024. Globally, In-vitro diagnostics commands the highest market share in this market by industry.Global Microfluidic Devices is a fastest growing market. On the basis of industry, global microfluidic devices market is segmented mainly into in-vitro diagnostics, pharmaceutical, medical devices and others. Increase in investment in R&D in pharmaceuticals and life sciences and increasing point of care testing demand favor the growth of this market. Use of these devices for miniaturization of chips and increase in their analytical and commercial application are also responsible for the growth of this market.
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In in-vitro diagnostics segment, North America accounts for the largest hare followed by Europe and Asia. In pharmaceutical segment, main emphases is on R&D. These devices are used for lower cost, fast results and better control of drug development process. Pharmaceutical discovery, cell experimentation and implantable drug delivery components are applications of microfluidic devices in pharmaceutical industry. North America accounts for the largest share of this market in pharmaceutical industry. By type, chips for lab analytics have highest market share followed by accurate dispensing devices and micro reactors for drug synthesis. North America has the largest in in medical devices segment.
Global Microfluidic Devices market statistical report published by Market Research future contains a brief overview of Global Microfluidic Devices market. By industry, global microfluidic devices market is segmented into in-vitro diagnostics, pharmaceutical, medical devices and others. In-vitro diagnostics commands the largest share and is expected to grow continuously during the forecasted period of 2017-2024. The report analyzed the Global Microfluidic Devices market and presents systematic data of market share on the basis of segments and countries, and its growth rate for 2013 to 2016, along with forecast till 2024.
Market Research future through this report aims to provide understanding of the Global Microfluidic Devices market on the basis of segments & countries, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Global Microfluidic Devices market.
List of Tables
Table 1 Global microfluidic devices Market, By industry, 2014-2024 (USD million)
Table 2 Global microfluidic devices for in-vitro diagnostics Market, by region, 2014-2024 (USD million)
Table 3 Global microfluidic devices market for pharmaceutical industry, by region, 2014-2027 (USD million)
Table 4 Global pharmaceutical microfluidic devices market, by type, 2014-2024 (USD million)
Table 5 Global microfluidic devices market, by industry: medical devices, by region, 2014-2024 (USD million)
Table 6 Global microfluidic devices market, by industry: medical devices Market, by type, 2014-2024 (USD million)
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List of Figures
Figures 1 Global microfluidic devices Market, By industry
Figures 2 Global microfluidic devices Market, By industry
Figures 3 global microfluidic devices for in-vitro disgnostics, by region, 2015 (%)
Figures 4 global microfluidic devices market for pharmaceutical industry, by region, 2015 (%)
Figures 5 global pharmaceutical microfluidic devices market, by type, 2015 (%)
Figures 6 global microfluidic devices market, by industry: medical devices, by region, 2015 (%)
Global microfluidic medical devices market, by type, 2015 (%)
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We are thankful for the support and assistance from Global Microfluidic Devices Market by Industry from 2016 to 2024 chain related technical experts and marketing experts during Research Team survey and interviews.
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