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Press Release:

Global Microfluidics Market to Reach US$ 52.4 Billion by 2027, Impelled by Increasing Demand for Rapid Testing Kits

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Microfluidics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global microfluidics market size reached US$ 20.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 52.4 Billion by 2027, exhibiting a CAGR of 16.47% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. 

Microfluidics is a technology that relies on a set of tools or systems to manipulate small volumes of fluids and control chemical, biological, and physical processes relevant to sensing. It can be integrated with electronic and optical elements for the construction of operational sensors using lithographic techniques. It is widely utilized in biomedical applications, such as tissue engineering and wound healing, to control living systems. Nowadays, advanced fabrication technologies like two-photon polymerization (2PP) are used to fabricate miniature microfluidic components, such as microneedles, microfilters, micromixers, micropumps, microvalves, and photonic sensors. These components offer unique three-dimensional (3D) capabilities, extreme resolution, and sufficient versatility.

Microfluidics Market Trends:

The increasing number of new infections and deaths due to coronavirus disease (COVID-19) is driving the demand for microfluidics-based detection approaches that can help develop rapid, effective, and easy-to-use clinical detection techniques. Besides this, lab-on-chip (LOC) devices, which are microsystems capable of integrating biological or chemical laboratories in a single chip, are finding wide applications in scientific research. This represents another major factor catalyzing the demand for miniature microfluidic components on account of their improved compactness and functionalities. Moreover, microfluidics has distinct advantages, including high sensitivity, specificity, controlled fluid handling, low volume sampling, low-cost prototyping, and rapid readout. This, in confluence with the growing prevalence of acute and chronic diseases across the globe, is positively influencing the adoption of microfluidics for blood analysis and point of care (POC) testing of cancer and infectious diseases. In addition, the rising popularity of nanofibers in tissue engineering and regenerative medicine is contributing to market growth. Furthermore, as microfluidics enables the custom-made fabrication of nanofibers in a broad range of materials and morphologies, their sales are increasing around the world.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global microfluidics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material, component and application.

Breakup by Material:

  • Silicon
  • Glass
  • Polymer
  • PDMS
  • Others
     

Breakup by Component:

  • Microfluidic Chips
  • Micro Pumps
  • Microneedles
  • Others
     

Breakup by Application:

  • Pharmaceutical and Life Science Research
  • Clinical and Veterinary Diagnostics
  • Point-of-Care Diagnostics
  • Analytical Devices
  • Drug Delivery
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Blacktrace Holdings Ltd, Elvesys Group, Fluidigm Corporation, Illumina Inc., Micronit B.V., Parker-Hannifin Corporation, PerkinElmer Inc., Qiagen N.V. and Thermo Fisher Scientific Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Material, Component, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Blacktrace Holdings Ltd, Elvesys Group, Fluidigm Corporation, Illumina Inc., Micronit B.V., Parker-Hannifin Corporation, PerkinElmer Inc., Qiagen N.V. and Thermo Fisher Scientific Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global microfluidics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global microfluidics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global microfluidics market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Microfluidics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Material
    6.1    Silicon
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Glass
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Polymer
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    PDMS
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Component
    7.1    Microfluidic Chips
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Micro Pumps
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Microneedles
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Application
    8.1    Pharmaceutical and Life Science Research
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Clinical and Veterinary Diagnostics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Point-of-Care Diagnostics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Analytical Devices
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Drug Delivery
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Abbott Laboratories
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Agilent Technologies Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Bio-Rad Laboratories Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Blacktrace Holdings Ltd
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Elvesys Group
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Fluidigm Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Illumina Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Micronit B.V.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Parker-Hannifin Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    PerkinElmer Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Qiagen N.V.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Thermo Fisher Scientific Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Microfluidics Market: Major Drivers and Challenges
Figure 2: Global: Microfluidics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Microfluidics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Microfluidics Market: Breakup by Material (in %), 2021
Figure 5: Global: Microfluidics Market: Breakup by Component (in %), 2021
Figure 6: Global: Microfluidics Market: Breakup by Application (in %), 2021
Figure 7: Global: Microfluidics Market: Breakup by Region (in %), 2021
Figure 8: Global: Microfluidics (Silicon) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Microfluidics (Silicon) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Microfluidics (Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Microfluidics (Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Microfluidics (Polymer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Microfluidics (Polymer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Microfluidics (PDMS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Microfluidics (PDMS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Microfluidics (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Microfluidics (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Microfluidics (Microfluidic Chips) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Microfluidics (Microfluidic Chips) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Microfluidics (Micro Pumps) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Microfluidics (Micro Pumps) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Microfluidics (Microneedles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Microfluidics (Microneedles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Microfluidics (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Microfluidics (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Microfluidics (Pharmaceutical and Life Science Research) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Microfluidics (Pharmaceutical and Life Science Research) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Microfluidics (Clinical and Veterinary Diagnostics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Microfluidics (Clinical and Veterinary Diagnostics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Microfluidics (Point of Care Diagnostics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Microfluidics (Point of Care Diagnostics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Microfluidics (Analytical Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Microfluidics (Analytical Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Microfluidics (Drug Delivery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Microfluidics (Drug Delivery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Microfluidics (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Microfluidics (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Microfluidics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Microfluidics Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Microfluidics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Microfluidics Industry: SWOT Analysis
Figure 88: Global: Microfluidics Industry: Value Chain Analysis
Figure 89: Global: Microfluidics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Microfluidics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Microfluidics Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 3: Global: Microfluidics Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Microfluidics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Microfluidics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Microfluidics Market: Competitive Structure
Table 7: Global: Microfluidics Market: Key Players


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