Global Microfluidics For Healthcare Application Market 2024-2028
The microfluidics for healthcare application market is forecasted to grow by USD 110.2 bn during 2023-2028, accelerating at a CAGR of 27.16% during the forecast period. The report on the microfluidics for healthcare application market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by compact size of microfluidic devices, growth in lifestyle diseases, and advances in dna sequencing.
Technavio's microfluidics for healthcare application market is segmented as below:
By Application
- In-vitro diagnostics
- Pharmaceutical research
- Drug delivery services
By Material
- Polymer-based
- Glass-based
- Silicon-based
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of paper-based microfluidic devices as one of the prime reasons driving the microfluidics for healthcare application market growth during the next few years. Also, introduction of soft robots and increasing applications of microfluidics in drug delivery technologies will lead to sizable demand in the market.
The report on the microfluidics for healthcare application market covers the following areas:
- Microfluidics for healthcare application market sizing
- Microfluidics for healthcare application market forecast
- Microfluidics for healthcare application market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microfluidics for healthcare application market vendors that include 908 Devices Inc., Agilent Technologies Inc., BioMerieux SA, Bio Rad Laboratories Inc., Blacktrace Holdings Ltd., Cellix Ltd., Danaher Corp., Elveflow, Fluigent SA, General Electric Co., Hamilton Co., Illumina Inc., Microfluidic Chipshop GmbH, MICRUX FLUIDIC S.L., Perkin Elmer Inc., QIAGEN NV, SMC Corp., Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and uFluidix Inc.. Also, the microfluidics for healthcare application market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.