What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Microfluidics Market by Application (Proteomics, Genomics, Capillary Electrophoresis, IVD (Clinical Diagnostics, POC), Drug Delivery, Micro-reactor, Lab Tests), Material (Glass, Silicon, Polymer), Component (Needle, Chips, Pump, Sensors), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

Publish Date: Jun, 2020
Report ID: 418396
Category: Healthcare
Pages: 225

$4700

The global microfluidic devices market is expected to grow from USD 12.93 billion in 2019 to USD 63.46 billion by 2027, at a CAGR of 22.6% during the forecast period 2020-2027.

Microfluidic refers to a technology of operating, detecting, and controlling complex fluids at microscopic dimensions. It is developed based on microelectronics, micromechanics, bioengineering and nanotechnology. Microfluidics is applicable in diverse fields, such as chemistry, biology, medicine, and physical sciences. Microfluidics has higher acceptability in the healthcare applications. It can also be applied in the production of commercial products. Microfluidics is both science and technology. Microfluidic science studies the behaviour of fluids through microchannels, and microfluidic technology is manufacturing microminiaturized channels through which fluids flow.

The factors influencing the growth of the market is increasing demand for point of care (POC) testing. Factors that are expected to show significant growth to the POC diagnostics market is a rising prevalence of various diseases, product miniaturization and decentralization of healthcare. Point of care devices helps in identifying the DNA’s of the microbes that are responsible for causing various diseases. Capability to generate accurate and reliable results rapidly and low-cost development are the major factors influencing the growth of the microfluidics market. For the implementation of microfluidics in healthcare, so many regulatory standards are made, which is a time-consuming process. This can restrain the growth of the microfluidics market in healthcare. To overcome this issue, companies are investing in research and development.

This study delivers a comprehensive analysis of application, material, component, and region. The application segment includes proteomics, genomics, capillary electrophoresis, IVD (clinical diagnostics, POC), drug delivery, micro-reactor, lab tests. The IVD segment is expected to witness significant growth in the market, owing to rising incidences of target diseases and increased demand for POC testing. Several factors, such as reduces the size of the device, portability, increased frequency of testing, and accurate and quick analysis, are driving the growth of microfluidics market in POC segment. The material segment includes glass, silicon, and polymer. Polymer segment dominates the market growth. Polydimethylsiloxane (PDMS) is the most commonly used polymer for manufacturing and prototyping. Silicon segment is expected to grow owing to the increasing POC diagnostics apps. Based on the component, the market is segmented into needle, chips, pump, and sensors. The sensors segment is expected to grow, owing to the utilization of microfluidic sensors in several types of diagnostics and research products.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America leads the market, by application type, the POC testing segment is registering higher revenue to the market, in the region. Followed by Latin America, Western Europe, Eastern Europe, and Asia-Pacific without Japan. The Asia-Pacific region is anticipated to witness higher growth due to growing per capita income, increasing investments in the healthcare industry, rising geriatric population, expansion of private-sector hospitals to rural areas, and rising demand for advanced technologies in various countries in the region.

Some of the notable players in the market are Siemens Healthcare, Johnson & Johnson, Dickinson, Becton, Abbott Laboratories, Inc. Life Technologies Corporation, Microfluidic Chipshop GMBH, Bio-Rad Laboratories Inc., Perkinelmer Inc., Raindance Technologies, and Cepheid Inc. New droplet-based microfluidics-based system called the Nadia single-cell platform was launched by Dolomiten, in November 2017.

Microfluidics Market, by Application

Proteomics
Genomics
Capillary Electrophoresis
IVD

Clinical Diagnostics
POC

Drug Delivery
Micro-reactor
Lab Tests

Microfluidics Market, by Material

Glass
Silicon
Polymer

Microfluidics Market, by Component

Needle
Chips
Pump
Sensors

Microfluidics Market, by Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherland
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest Of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest Of APAC
South America
- Brazil
- Argentina
- Peru
- Colombia
- Rest Of South America
Middle East And Africa
- UAE
- Saudi Arabia
- Egypt
- Nigeria
- South Africa
- Rest Of MEA

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Application
          4.3.2. Market Attractiveness Analysis By Material
          4.3.3. Market Attractiveness Analysis By Component
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restraints
    5.4. Opportunities
    5.5. Challenges
6. Global Microfluidics Market Analysis and Forecast, By Application
    6.1. Segment Overview
    6.2. Proteomics
    6.3. Genomics
    6.4. Capillary Electrophoresis
    6.5. IVD
          6.5.1. Clinical Diagnostics
          6.5.2. POC
    6.6. Drug Delivery
    6.7. Micro-Reactor
    6.8. Lab Tests
7. Global Microfluidics Market Analysis and Forecast, By Material
    7.1. Segment Overview
    7.2. Glass
    7.3. Silicon
    7.4. Polymer
8. Global Microfluidics Market Analysis and Forecast, By Component
    8.1. Segment Overview
    8.2. Needle
    8.3. Chips
    8.4. Pump
    8.5. Sensors
9. Global Microfluidics Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Microfluidics Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Microfluidics Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Siemens Healthcare
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Johnson & Johnson
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Dickinson
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Becton
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Abbott Laboratories, Inc
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Life Technologies Corporation
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Microfluidic Chipshop GMBH
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Bio-Rad Laboratories Inc.
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Perkinelmer Inc.
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Raindance Technologies
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis

List of Table

1. Global Microfluidics Market, By Application, 2017–2027(USD Billion)

2. Global Proteomics In Microfluidics Market, By Region, 2017–2027(USD Billion)

3. Global Genomics In Microfluidics Market, By Region, 2017–2027(USD Billion)

4. Global Capillary Electrophoresis In Microfluidics Market, By Region, 2017–2027(USD Billion)

5. Global IVD Microfluidics Market, By Region, 2017–2027(USD Billion)

6. Global Drug Delivery Microfluidics Market, By Region, 2017–2027(USD Billion)

7. Global Micro-Reactor Microfluidics Market, By Region, 2017–2027(USD Billion)

8. Global Lab Tests Microfluidics Market, By Region, 2017–2027(USD Billion)

9. Global Microfluidics Market, By Material, 2017–2027(USD Billion)

10. Global Glass, Microfluidics Market, By Region, 2017–2027(USD Billion)

11. Global Silicon, Microfluidics Market, By Region, 2017–2027(USD Billion)

12. Global Polymer, Microfluidics Market, By Region, 2017–2027(USD Billion)

13. Global Microfluidics Market, By Component, 2017–2027(USD Billion)

14. Global Needle, Microfluidics Market, By Region, 2017–2027(USD Billion)

15. Global Chips, Microfluidics Market, By Region, 2017–2027 (USD Billion)

16. Global Pump, Microfluidics Market, By Region, 2017–2027 (USD Billion)

17. Global Sensors, Microfluidics Market, By Region, 2017–2027 (USD Billion)

18. Global Microfluidics Market, By Region, 2017–2027(USD Billion)

19. Global Microfluidics Market, By North America, 2017–2027(USD Billion)

20. North America Microfluidics Market, By Application, 2017–2027(USD Billion)

21. North America Microfluidics Market, By Material, 2017–2027(USD Billion)

22. North America Microfluidics Market, By Component, 2017–2027(USD Billion)

23. U.S. Microfluidics Market, By Application, 2017–2027(USD Billion)

24. U.S. Microfluidics Market, By Material, 2017–2027(USD Billion)

25. U.S. Microfluidics Market, By Component, 2017–2027(USD Billion)

26. Canada Microfluidics Market, By Application, 2017–2027(USD Billion)

27. Canada Microfluidics Market, By Material, 2017–2027(USD Billion)

28. Canada Microfluidics Market, By Component, 2017–2027(USD Billion)

29. Mexico Microfluidics Market, By Application, 2017–2027(USD Billion)

30. Mexico Microfluidics Market, By Material, 2017–2027(USD Billion)

31. Mexico Microfluidics Market, By Component, 2017–2027(USD Billion)

32. Europe Microfluidics Market, By Application, 2017–2027(USD Billion)

33. Europe Microfluidics Market, By Material, 2017–2027(USD Billion)

34. Europe Microfluidics Market, By Component, 2017–2027(USD Billion)

35. Germany Microfluidics Market, By Application, 2017–2027(USD Billion)

36. Germany Microfluidics Market, By Material, 2017–2027(USD Billion)

37. Germany Microfluidics Market, By Component, 2017–2027(USD Billion)

38. France Microfluidics Market, By Application, 2017–2027(USD Billion)

39. France Microfluidics Market, By Material, 2017–2027(USD Billion)

40. France Microfluidics Market, By Component, 2017–2027(USD Billion)

41. U.K. Microfluidics Market, By Application, 2017–2027(USD Billion)

42. U.K. Microfluidics Market, By Material, 2017–2027(USD Billion)

43. U.K. Microfluidics Market, By Component, 2017–2027(USD Billion)

44. Italy Microfluidics Market, By Application, 2017–2027(USD Billion)

45. Italy Microfluidics Market, By Material, 2017–2027(USD Billion)

46. Italy Microfluidics Market, By Component, 2017–2027(USD Billion)

47. Spain Microfluidics Market, By Application, 2017–2027(USD Billion)

48. Spain Microfluidics Market, By Material, 2017–2027(USD Billion)

49. Spain Microfluidics Market, By Component, 2017–2027(USD Billion)

50. Asia Pacific Microfluidics Market, By Application, 2017–2027(USD Billion)

51. Asia Pacific Microfluidics Market, By Material, 2017–2027(USD Billion)

52. Asia Pacific Microfluidics Market, By Component, 2017–2027(USD Billion)

53. Japan Microfluidics Market, By Application, 2017–2027(USD Billion)

54. Japan Microfluidics Market, By Material, 2017–2027(USD Billion)

55. Japan Microfluidics Market, By Component, 2017–2027(USD Billion)

56. China Microfluidics Market, By Application, 2017–2027(USD Billion)

57. China Microfluidics Market, By Material, 2017–2027(USD Billion)

58. China Microfluidics Market, By Component, 2017–2027(USD Billion)

59. India Microfluidics Market, By Application, 2017–2027(USD Billion)

60. India Microfluidics Market, By Material, 2017–2027(USD Billion)

61. India Microfluidics Market, By Component, 2017–2027(USD Billion)

62. South America Microfluidics Market, By Application, 2017–2027(USD Billion)

63. South America Microfluidics Market, By Material, 2017–2027(USD Billion)

64. South America Microfluidics Market, By Component, 2017–2027(USD Billion)

65. Brazil Microfluidics Market, By Application, 2017–2027(USD Billion)

66. Brazil Microfluidics Market, By Material, 2017–2027(USD Billion)

67. Brazil Microfluidics Market, By Component, 2017–2027(USD Billion)

68. Middle East and Africa Microfluidics Market, By Application, 2017–2027(USD Billion)

69. Middle East and Africa Microfluidics Market, By Material, 2017–2027(USD Billion)

70. Middle East Microfluidics Market, By Component, 2017–2027(USD Billion)

71. UAE Microfluidics Market, By Application, 2017–2027(USD Billion)

72. UAE Microfluidics Market, By Material, 2017–2027(USD Billion)

73. UAE Microfluidics Market, By Component, 2017–2027(USD Billion)

74. South Africa Microfluidics Market, By Application, 2017–2027(USD Billion)

75. South Africa Microfluidics Market, By Material, 2017–2027(USD Billion)

76. South Africa Microfluidics Market, By Component, 2017–2027(USD Billion)

List of Figures

1. Global Microfluidics Market Segmentation

2. Microfluidics Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Microfluidics Market Attractiveness Analysis By Application

9. Global Microfluidics Market Attractiveness Analysis By Material

10. Global Microfluidics Market Attractiveness Analysis By Component

11. Global Microfluidics Market Attractiveness Analysis By Region

12. Global Microfluidics Market: Dynamics

13. Global Microfluidics Market Share By Application (2019 & 2027)

14. Global Microfluidics Market Share By Material (2019 & 2027)

15. Global Microfluidics Market Share By Component (2019 & 2027)

16. Global Microfluidics Market Share by Regions (2019 & 2027)

17. Global Microfluidics Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!