Microfluidics Device Market was valued at USD 8.25 billion in 2017, and is estimated to grow at a CAGR of 25.5% from 2017 to 2024.

Microfluidic devices exploit the physical and chemical properties of liquids and gases at the microscopic scale. It offers many advantages over conventional sized systems. It helps to perform many operations at the same time because of their compact size, thereby shortening the time of the experiment. It also has excellent data quality and important parameter control that automates the process, while preserving performance.

Some of the market drivers for the Microfluidics Device Market include increased demand for POC testing, benefits associated with incorporation of microfluidics across different industries, higher return on investments as well as technological advancements.

The microfluidics market is segmented by application, component (type & material), and region. The Microfluidics Device Market is fragmented into instruments, microfluidics, cartridges, and reagents, among others. Of these, cartridges and reagents held a significant share of the global market and the segment is expected to continue to dominate in the coming years. In terms of turnover, the Microfluidics Device Market accounted for 45.2% of the global market in 2016. The considerable acceptance of microfluidic products in laboratories and industries has provided cartridges and reagents with this wide margin of growth. The report predicts that instruments and microfluidic chip segments will closely follow the runway during the forecast period.

Microfluidics Device Market, By Material

Polymer-based Microfluidics
Glass-based Microfluidics
Silicone-based Microfluidics
Other material-based Microfluidics (Paper, Ceramics, & Metal)

Microfluidics Device Market, Company Profiles

Danaher (US)
Thermo Fisher (US)
PerkinElmer (US)
Agilent (US)
Bio-Rad (US)
Becton
Dickinson and Company (US)
Roche (Switzerland)
Illumina (US)
Fluidigm
Microfluidics (US)
QIAGEN (Netherlands)
OGYROS PROTEIN TECHNOLOGIES AB (Sweden)
Sphere Fluidics (UK)
OPKO Health (US)
Waters (US)
thinXXS Microtechnology (Germany)
Abaxis (US)
bioMérieux (France)
Abbott (US)
Dolomite Microfluidics (UK)
Microfluidic ChipShop (Germany)
Elveflow (France)
Cellix (Ireland)
Micronit Microtechnologies (Netherlands)
MicroLiquid (Spain)
MiniFAB (Australia)
uFluidix (Canada)
Micralyne (US)
Fluigent (France).

Microfluidics Device Market, By Region

North America

U.S
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Rest of Europe

Asia Pacific

Japan
China
India
South Korea
Australia
Rest of Asia Pacific

Rest of the World (ROW):

Middle-East
Africa
Latin America

For more information visit: https://www.maximizemarketresearch.com/market-report/microfluidics-device-market/11038/

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