Global Microfluidic Devices Market 2017 Competitor Information, Analysis, and Insights to Improve R&D Strategies 2024

WiseGuyReports published new report, titled “Global Microfluidic Devices Market”

Introduction

Globally, the market for microfluidic devices is gaining significant importance due to growing R&D investment in life sciences, pharmaceuticals, and increasing point of care testing demand. The total microfluidic devices market is expected to reach $13,244.5 million by 2024.

Point of care testing is by far the fastest growing application area of microfluidic devices and it is expected to reach $2,722.1 million in 2020. An increase in point of care testing, as an effective method for delivery of treatment, has also led to increase in the demand for microfluidic devices in the global market.

Some other factors driving the microfluidic devices market are rise in the commercial and analytical application of these devices and use of microfluidic products for miniaturization of chip.
By material, polymer accounts the largest share in the microfluidic devices market and it is expected to grow at a CAGR of 19.4% for the period 2016 to 2024. Some of the factors driving the demand of polymer in microfluidic devices include; rising acceptance of polymers by manufacturers, driven by suitable properties of polymers such as enhanced mechanical strength, optical transparency and chemical stability.

Some of the challenges faced by the market are adherence to stringent regulatory requirements to decelerate growth and geometrical and surface chemistry issues
Geographically, North America is one of the major revenue generator as well as producer of microfluidic devices due to high adoption rate. Also, growing healthcare and pharmaceutical industry coupled improved R&D processes is boosting the growth of microfluidic devices market in Asia region.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/735264-global-microfluidic-devices-market-forecast-to-2024

TABLE OF CONTENTS

1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
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 MICROFLUIDIC TECHNOLOGIES FOR MINIATURIZATION OF CHIP
3.2.4 RISING DEMAND IN GENOMICS AND PROTEOMICS STUDIES
3.3 RESTRAINTS
3.3.1 GEOMETRICAL AND SURFACE CHEMISTRY ISSUES
3.3.2 ADHERENCE TO STRINGENT REGULATORY REQUIREMENTS
3.4 OPPORTUNITIES
3.4.1 NEW PRODUCT INNOVATIONS
3.4.2 RISE IN PARTNERSHIPS AND COLLABORATIONS

..CONTINUED

For accessing accurate and deep understanding and to gain latest insights and key developments in the area of your interest, we also have a list of conferences in which you will be interested in, for more information, cordially check

https://www.wiseguyreports.com/conferences

For updating knowledge or for thoroughly understanding various terminologies, we also have vast list of seminars for your reference, for more information cordially check

https://www.wiseguyreports.com/seminars

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

This release was published on openPR.