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Global Microfluidics Market: By Material: Polymer, Glass, Silicon, Others; By Application: Pharmaceuticals, Genomics, Proteomics, Cell Based Assays, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Microfluidics Market Outlook
The global microfluidics market reached a value of around USD 16.7 billion in 2022. The microfluidics market is further anticipated to grow at a CAGR of 15.5% over the forecast period of 2023-2028.
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The growing prevalence of chronic and infectious illnesses, combined with advancements in coagulation testing, blood gas electrolytes, haematology, urine chemistry, and cardiovascular markers, are creating fresh possibilities for the development of the microfluidics market. The demand for microfluidics technology integration in POC diagnostic systems, manufacturing, fluid handling systems, and signal detection processes is increasing. In the coming years, this is anticipated to boost the microfluidics market further.
Global Microfluidics Market: Properties and Applications
Microfluidics deals with the behaviour, accurate control, and manipulation of liquids that are geometrically restricted to a small scale, typically submillimeter, at which capillary penetration regulates mass transport.
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The global microfluidics market can be divided based on segments like material and application.
The industry can be divided based on its material as polymer, glass, and silicon, among others.
The microfluidics market can be broadly categorised on the basis of its application into:
- Pharmaceuticals
- Genomics
- Proteomics
- Cell Based Assays
- Others
The EMR report looks into the regional microfluidics markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Global Microfluidics Market Analysis
The rising demand for point-of-care (POC) testing due to the rising incidence of chronic infectious diseases, the growing demand for equipment integrated with microfluidic technology, faster testing and improved portability through microfluidic chip miniaturisation, and the development of innovative microfluidics technology, along with launch of new products, are some of the major factors driving the growth of the global microfluidics market. Challenges while incorporating the microfluidics technology into existing workflows coupled with the presence of complex and time-consuming regulatory standards are the factors which may restrain the growth of the microfluidics market up to some extent in the future.
Global Microfluidics Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global microfluidics market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Illumina, Inc. (NASDAQ: ILMN)
- Agilent Technologies Inc
- Caliper Life Sciences
- Cepheid Inc
- Danaher Corporation
- Bio-Rad Laboratories, Inc.
- Abbott Laboratories
- Others
The EMR report gives an in-depth insight into the microfluidics market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Material, Application, Region |
| Breakup by Material | Polymer, Glass, Silicon, Others |
| Breakup by Application | Pharmaceuticals, Genomics, Proteomics, Cell Based Assays and Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Illumina, Inc. (NASDAQ: ILMN), Agilent Technologies Inc (NYSE: A), Caliper Life Sciences, Cepheid Inc, Danaher Corporation (NYSE: DHR), Bio-Rad Laboratories, Inc. (NYSE: BIO), Abbott Laboratories (NYSE: ABT), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Microfluidics Market Analysis
8.1 Key Industry Highlights
8.2 Global Microfluidics Historical Market (2018-2022)
8.3 Global Microfluidics Market Forecast (2023-2028)
8.4 Global Microfluidics Market by Material
8.4.1 Polymer
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Glass
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Silicon
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Microfluidics Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Genomics
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Proteomics
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Cell Based Assays
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Microfluidics Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Microfluidics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Microfluidics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Microfluidics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Microfluidics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Microfluidics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Illumina, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Agilent Technologies, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Cepheid
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Bio-Rad Laboratories, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Caliper Life Sciences Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Danaher Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Abbott Laboratories
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Microfluidics Market: Key Industry Highlights, 2018 and 2028
2. Global Microfluidics Historical Market: Breakup by Material (USD Billion), 2018-2022
3. Global Microfluidics Market Forecast: Breakup by Material (USD Billion), 2023-2028
4. Global Microfluidics Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Microfluidics Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Microfluidics Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Microfluidics Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Microfluidics Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Microfluidics Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Microfluidics Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Microfluidics Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Microfluidics Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Microfluidics Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Microfluidics Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Microfluidics Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Microfluidics Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Microfluidics Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Microfluidics Market Structure
Key Questions Answered in the Report
In 2022, the global microfluidics market attained a value of nearly USD 16.7 billion.
The market is projected to grow at a CAGR of 15.5% between 2023 and 2028.
The major drivers of the market include the increasing population, growing incidences of chronic and infectious diseases, the developing healthcare sector, advancements in biotechnology, and growing clinical trials.
The key trends guiding the growth of the market include the growing R&D activities and increasing demand for point-of-care (POC) testing and the integration of microfluidics technology in POC diagnostic systems.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major materials of microfluidics considered in the market report are polymer, glass, and silicon, among others.
The significant applications of microfluidics include pharmaceuticals, genomics, proteomics, and cell based assays, among others.
The major players in the market are Illumina, Inc., Agilent Technologies Inc, Caliper Life Sciences, Cepheid, Danaher Corporation, Bio-Rad Laboratories, Inc., and Abbott Laboratories, among others.
Analyst Review
The global microfluidics market attained a value of USD 16.7 billion in 2022, driven by the growing cases of chronic and other diseases and advancements in biotechnology. Aided by the growing research and development activities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 15.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on materials, the microfluidics industry can be segmented into polymer, glass, silicon, and others. On the basis of applications, the industry is divided into pharmaceuticals, genomics, proteomics, and cell based assays and others. The major regional markets for microfluidics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Agilent Technologies Inc, Caliper Life Sciences, Cepheid Inc, Danaher Corporation, Bio-Rad Laboratories, Inc., and Abbott Laboratories, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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