Microfluidics market size reached USD 24.58 billion in 2022 and is expected to reach USD 74.68 billion by 2029, growing at a CAGR of 17.2 % during the forecast period.

Market Overview

The Microfluidics Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the Market can grow considerably within the forecasted period i.e., 2022 to 2029.

The report provides Microfluidics Market drivers and restraints. The report helps in recognizing the drivers that are driving the Market growth and discovering ways to use these drivers as strengths. Restraints can help you to identify characteristics that are restraining the Market and help you identify them and decrease or improve them before they become an issue. Opportunities are created by external components like changes in the Market, and new consumer trends. This will help you to understand elements that will influence your potential to take advantage of your opportunities. Challenges could create hurdles for your business. The report helps you to identify challenges and ways to encounter them depending on the Market scenario.

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Market Scope

The report provides overall Market insights for manufacturers, suppliers, distributors, and investors in the global Microfluidics Market. The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Microfluidics Market.

The report also includes factors like Market segmentation, CAGR (Compound Annual Growth Rate), Year-on-Year growth (percent), Porter's five force model, absolute USD potential, and expected Market cost structure.

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Microfluidics Segmentation Analysis

During the anticipated period, the Microfluidic chips segment is anticipated to dominate the Microfluidics market by Product Type. When compared to conventional medical detection tools, microfluidic chips are quicker to detect, making them perfect for quick detection in areas with scarce medical resources. These chips offer a large surface area for their small size, which leads to high mass transfer and analytical throughput.

With this method, less sample and reagent is required for multiplexing and high-throughput screening. To enable efficient mixing, grooves or microchannels are meticulously engineered and etched into silicon or polymer layers. Lab-on-a-chip, three-dimensional (3D) cell culture, organs-on-a-chip, and droplet techniques are examples of microfluidic technologies that have advanced quickly.

From Material, With a 36.7% revenue share in 2022, the Polydimethylsiloxane (PDMS) category dominated the microfluidics market. Among other polymers, polydimethylsiloxane has become more common, especially in microfluidic devices with quick prototyping. This is a result of the materials' widespread acceptance among academic professionals as well as their low cost and ease of production. Additionally, new PDMS surface modifications that are specifically designed to solve problems with PDMS hydrophobicity are being introduced to the market. Operating microchannels in aqueous solutions is challenging due to hydrophobicity since such analytes adhere on the PDMS surface and obstruct the analysis.

by Product Type

1. Microfluidic Chip
2. Instruments
3. Cartridges & Reagents
4. Others
by Application

1. Organs-on-chips
2. Lab-on-a-chip
3. Point of care testing
4. Continuous Flow Microfluidics
5. Acoustofluidics and Microfluidics
6. Optofluidics and Microfluidics
7. Electrophoresis and Microfluidics


by Material

1. Polydimethylsiloxane
2. Glass based
3. Others


by End-User

1. Pharmaceuticals
2. In-vitro Diagnostics
3. Environmental Research
4. Life Science Research
5. Clinical Diagnostics

Microfluidics Key Players

1. PerkinElmer Inc.
2. Standard BioTools (Previously Fluidigm)
3. Blacktrace Holdings Ltd. (Dolomite Microfluidic)
4. Micronit
5. BioFluidix Gmbh
6. Fluigent
7. ALine Inc.
8. Philips
9. Danaher Corporation
10. Thermo Fisher Scientific
11. Agilent Technologies
12. Becton, Dickinson and Company
13. Illumina, Inc.
14. Abbott Laboratories
15. Quidel Corporation
16. Abaxis, Inc.
17. Covalent Materials, Inc.
18. Biosurfit SA
19. Micropoint Bioscience, Inc.
20. Siloam Biosciences, Inc.
21. NanoEnTek Inc.
22. OPKO Health, Inc.

Regional Analysis

The study delves into the Microfluidics Market in depth, segmenting it into regions. For the analysis, a review of the provincial Market involved with the objective Market, as well as results related to the objective Market, is provided. The review evaluates the Market in North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a local and country-by-country basis. The Market in each region is thoroughly investigated, enabling for the identification of regional Market trends, restrictions, and development opportunities.

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Key Questions answered in the Market Report are:

What is Market?
What is the forecast period of the Market?
What is the competitive scenario of the Market?
Which region held the largest Market share in the Market?
What are the opportunities for the Market?
What factors are affecting the Market growth?
Who are the key players of the Market?
Which company held the largest share in the Market?
What will be the CAGR of the Market during the forecast period?
What key trends are likely to emerge in the Market in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Microfluidics
Landscape- Leading key players and other prominent key players.
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