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Global microfluidics market to hit 19.2% growth rate to 2021 according to new research report

Global microfluidics market to hit 19.2% growth rate to 2021 according to new research report

The microfluidics market mainly driven by the rising geriatric population, growing Asian healthcare market, and upsurge in government and corporate funding for R&D. The global microfluidics market is projected to reach USD 8.78 billion by 2021 from USD 3.65 billion in 2016, growing at a CAGR of 19.2% during the forecast period. Microfluidics market by application is divided into pharmaceutical research, in vitro diagnostics, and drug delivery.

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Complete report on Microfluidics Market spread across 205 Pages, Profiling 11 Companies and supported with 152 Tables and 41 Figures is now available at www.rnrmarketresearch.com/microflu…arket-report.html .

In this report, the global microfluidics market is segmented on the basis of component materials and applications. On the basis of component, the market is segmented into microfluidic chips, micropumps, microneedles, and others.

The pharmaceutical research segment is further divided into lab analytics (cell-based assays, proteomic analysis, genomic analysis, and capillary electrophoresis), dispensing, and micro reaction.

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Global Microfluidics Market, by Component

  • Microfluidic Chips
  • Micropumps
  • Microneedles
  • Others

Global Microfluidics Market, by Material

  • Polymer-based Microfluidics
  • Glass-based Microfluidics
  • Silicon-based Microfluidics
  • Other Material-based Microfluidics

The in vitro diagnostics segment is categorized into clinical diagnostics, point-of-care testing, environmental testing, industrial testing, and agro food testing. On the basis of materials, the microfluidics market is divided into polymer-based microfluidics, glass-based microfluidics, silicon-based microfluidics, and other material-based microfluidics.

In addition, country-wise segmentation of each region (North America, Europe, Asia-Pacific, and the Rest of the World) is also provided in the report.

Report:

www.rnrmarketresearch.com/contacts…mple?rname=136837 .

North America is largest regional segment of microfluidics market, followed by Europe and Asia-Pacific. The large share of this region can be attributed to growing incidence rate of various infectious diseases, availability of insurance coverage for laboratory testing procedures, sufficient reimbursements for medical devices, and presence of well-structured distribution channels in region.

Company Profiles (Introduction, Products & Services, Strategy, & Analyst Insights, Developments)

1 Danaher Corporation

2 Thermo Fisher Scientific Inc.

3 Perkinelmer, Inc.

4 Agilent Technologies

5 Bio-Rad Laboratories, Inc.

6 Becton, Dickinson and Company

7 F. Hoffmann-La Roche Ltd.

8 Illumina, Inc.

9 Raindance Technologies, Inc.

10 Dolomite Microfluidics

In addition, an increase in the demand for self-administration and home healthcare devices, and increasing applications of micropumps, and transdermal microneedles for chronic disease areas such as migraine, diabetes, cancer pain, and asthma have boosted growth of this market.

Report: www.rnrmarketresearch.com/contacts/?rname=136837 .

Research Coverage:

The report provides a detailed analysis of microfluidics market. It aims at estimating the market size and future growth potential of this market across different segments such as components, application, materials, and regions.

Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

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