FORT COLLINS, Colo., Sept. 25, 2023 (Globe Newswire) — DataHorizon Research provides “Microfluidics Market Size, Growth, Share, Statistical Report, By Materials (Glass, Silicon, PDMS, Polymers, A report titled “Others” was published. Technology (Medical {Gel Electrophoresis, PCR and RT-PCR, ELISA, Microarray, Others}, Non-Medical), Forecast by Application, Region and Segment, 2023-2032. ”
According to DataHorizon Research, the microfluidic market size was valued at USD 30.8 billion in 2022, and the market size is expected to reach USD 103.1 billion by 2032, with a CAGR of 12.9% in 2032 . The global Microfluidics market report provides a comprehensive analysis of the latest trends and market status. This report comprehensively provides the latest insights from the industry and discusses market opportunities.
Microfluidics has revolutionized point-of-care diagnostics by enabling rapid and portable testing devices. These devices provide healthcare professionals with real-time analysis of patient samples, facilitating timely decision-making and improving patient outcomes. The ability to perform complex clinical tests in a compact and automated manner has transformed healthcare delivery, especially in resource-limited settings. Additionally, it has also facilitated high-throughput screening processes in drug discovery and development. Microfluidic platforms can accelerate screening procedures and reduce costs by miniaturizing laboratory processes and reducing sample volumes. This allows pharmaceutical companies to screen a large number of compounds, efficiently accelerating the drug discovery pipeline.
The life sciences and healthcare industry is at the forefront of driving the growth of the microfluidic market. Microfluidic technology offers unprecedented opportunities to improve accuracy, efficiency, and affordability for a variety of research and diagnostic applications, including point-of-care (POC), high-throughput screening, and precision medicine.
The advent of personalized medicine tailored to an individual’s unique genetic makeup has created a demand for technologies that enable rapid and cost-effective genetic analysis. Microfluidic systems have the ability to process small sample volumes and perform precise manipulations, making them ideal for applications such as DNA sequencing, genotyping, and single-cell analysis. These advances have revolutionized patient care by paving the way for personalized diagnosis and treatment.
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Report snapshot:
| report title | microfluidic market |
| Market size in 2022 | $30.8 billion |
| Market size by 2032 | $103.1 billion |
| CAGR from 2023 to 2032 | 12.9% |
| biggest market | North America |
| Forecast period | From 2023 to 2032 |
| historical period | 2021 |
| base year | 2022 |
| Report scope and scope | Market size, market estimates, competitor analysis, trends, growth factors |
| By material | Glass, silicon, PDMS, polymer, etc. |
| By technology | Medical (gel electrophoresis, PCR and RT-PCR, ELISA, microarray, etc.), non-medical |
| By use | Organ-on-a-chip, lab-on-a-chip, continuous flow microfluidics, acoustofluidics and microfluidics, optofluidics and microfluidics, electrophoresis and microfluidics. |
| region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa. |
| Target country | USA, Canada, UK, Germany, France, China, Japan, India, South Korea, Brazil, Mexico, UAE, Saudi Arabia, South Africa, etc. |
| major market players | Hoffmann-La Roche Ltd, Abbott Laboratories, Fluidigm Corporation, Qiagen NV, Thermo Fischer Scientific, Biomérieux, Cellix Ltd., Elveflow, Micronit Micro Technologies BV, Agilent Technologies Inc., Illumina Inc., Perkinelmer Inc., Life Technologies Corporation, Danaher , Bio-Rad Laboratories, Inc. |
Segmentation overview:
The global microfluidics market is segmented as materials, technology, applications, and regions. On a material basis, polydimethylsiloxane (PDMS) is leading with a significant market share in 2022 and will continue to dominate in the coming years. Healthcare is a major area of technology and is expected to account for a high revenue share in the coming years.
North America is leading the microfluidics market and is expected to continue to do so in the coming years. High investments, technological infrastructure upgrades, and the presence of pharmaceutical and biotech companies in the region are significant drivers. Europe is a fast-growing market for microfluidics, with a focus on clinical diagnostics, environmental monitoring, and pharmaceutical research.
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Highlights of the Microfluidic Market Report:
- The global microfluidic market growth is projected to be USD 30.8 billion by 2032.
- Driving forces for the microfluidic market include ongoing research and development in clinical and life sciences. The demand for point-of-care diagnostics has enabled the growth of the microfluidic market.
- Polydimethylsiloxane (PDMS) became the leading segment in 2022 due to its high dominance and is expected to continue to hold the top position in the coming years.
- Based on technology, healthcare accounted for the major revenue share in 2022. The increasing demand for medical services will drive growth in this sector, especially post-pandemic.
- North America has emerged as a prominent player in the microfluidics market and is projected to gain significant traction in the coming years.
- Notable players in the Microfluidics market report include Hoffmann-La Roche Ltd, Abbott Laboratories, Fluidigm Corporation, Qiagen NV, Thermo Fischer Scientific, Biomérieux, Cellix Ltd., Elveflow, Micronit Micro Technologies BV, Agilent Technologies, Inc., Illumina It is included. , Inc., Perkinelmer, Inc., Life Technologies Corporation, Danaher, and Bio-Rad Laboratories, Inc.
Main developments in the industry:
- In 2023, Integra Biosciences introduced MIRO Canvas, a compact platform for next-generation sequencing sample preparation. This platform has advanced features that simplify complex processes and automate NGS sample preparation with short- and long-term protocols for sequencing applications.
- According to Zhuming Luo, in 2023, China’s biomedical engineering science and chemical engineering team designed a new digital light processing method that enables the development of a wide range of applications in microfluidic-based strategies in biomedicine.
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Microfluidics Market Report Segmentation:
Microfluidic Market, by Material (2023-2032)
- glass
- silicon
- PDMS
- polymer
- others
Microfluidic Market, By Technology (2023-2032)
Microfluidic Market, by Application (2023-2032)
- organ on chip
- lab on chip
- continuous flow microfluidics
- Acoustofluidics and microfluidics
- Optofluidics and microfluidics
- Electrophoresis and microfluidics
Microfluidic Market, by Region (2023-2032)
-
- England
- Germany
- France
- rest of europe
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Brazil
- Mexico
- Rest of Latin America
-
- United Arab Emirates
- Saudi Arabia
- South Africa
- rest of the Middle East and Africa
About DataHorizon Research:
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