Global Microfluidics Market Growth (Status and Outlook) 2023-2029

Global Microfluidics Market Growth (Status and Outlook) 2023-2029

Microfluidics is both the science which studies the behaviour of fluids through micro-channels, and the technology of manufacturing microminiaturized devices containing chambers and tunnels through which fluids flow or are confined. These mainly include microfluidic chips in microfluidics, microfluidic pumps, etc.

LPI (LP Information)' newest research report, the “Microfluidics Industry Forecast” looks at past sales and reviews total world Microfluidics sales in 2022, providing a comprehensive analysis by region and market sector of projected Microfluidics sales for 2023 through 2029. With Microfluidics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microfluidics industry.

This Insight Report provides a comprehensive analysis of the global Microfluidics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microfluidics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Microfluidics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microfluidics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microfluidics.

The global Microfluidics market size is projected to grow from US$ 3118.7 million in 2022 to US$ 7707.1 million in 2029; it is expected to grow at a CAGR of 13.8% from 2023 to 2029.

Illumina Inc is one of the most important global key players of the microfluidics, holds over 10% of shares of the global microfluidics market, other key players include PerkinElmer Inc, Zoetis, etc. North America is the largest market, occupied for over 40 percent, followed by Europe. In terms of type, microfluidic chip is the largest segment, with a share of about 60%, and in terms of application, the in vitro detection segment holds a share of over 40 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Microfluidics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Microfluidic Chip
Microfluidic Pump
Others

Segmentation by application
In Vitro Detection
Pharmaceutical Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Illumina Inc.
PerkinElmer Inc.
Zoetis
Thermo Fisher Scientific
Fluidigm Corporation
Roche
Philips
Chemyx
UFluidix
Danaher
908 Devices
ALine
Micronit Microtechnologies
Fluigent SA
Dolomite Microfluidics (Blacktrace Holdings Ltd)
ZEON CORPORATION

Please note: The report will take approximately 2 business days to prepare and deliver.