Description
Microfluidics Device Market Overview
The Microfluidic Device is an innovative technology that combines several medical tests on a single chip, enabling integration, industrialization, miniaturization, and parallelization of various tests in different fields of drug development, biological research, and diagnosis.
The growth of the Microfluidic Devices market is primarily driven by the increasing demand for microfluidic technologies to miniaturize the chip and testing products, as well as the rising demand for genomics and proteomics. Another significant advantage of microfluidics devices is their ability to analyze small volumes of samples, resulting in less reagent waste and preservation of samples that are difficult to produce.
The demand for low-volume sample devices has surged with the introduction of microfluidics devices, and the research activities undertaken by analytical and clinical researchers have also contributed to the demand for microfluidics devices. Conventional genome analysis methods require the decoding of the entire DNA, leading to increased analysis costs and time. In contrast, microfluidics devices require only a small volume of samples for data interpretation, and the application of microfluidics has enabled conventional laboratory procedures to be miniaturized onto a lab-on-a-chip.
Segment Overview
The Microfluidic Devices market is categorized into different segments based on industry, materials, application, and regions. During the forecast period, the market is predicted to experience significant growth. In terms of application, the market is divided into various categories, including clinical and veterinary diagnostics, pharmaceutical and life science research, environmental, care diagnostics, point of analytical devices, drug delivery and industrial, and others. Additionally, based on propulsion types, the market is segmented into medical devices, in-veto diagnostics, pharmaceutical, and others.
Regional Analysis
The microfluidics market in North America is the dominant region. The growth in the market is mainly attributed to the increased research funding from government organizations and industries. The demand for microfluidics devices in the research and diagnostics field has led to an increase in industry-academia collaboration, which has accelerated the commercialization of lab-built devices.
For instance, in July 2020, Fluidigm Corporation entered into a letter contract with the National Institute of Biomedical Imaging and Bioengineering and the National Institutes of Health for the Rapid Acceleration of Diagnostics program. The program had an overall proposed budget of up to USD 37 million and aimed to expand the output capabilities and production capacity for COVID-19 testing with microfluidics technology from Fluidigm. Additionally, the program fast-tracked the commercialization and development of innovative technologies to significantly increase testing capacity for SARS-CoV-2 in the U.S.
Major Players
Key players in the market are Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Micronit Microtechnologies, Johnson & Johnson Services, Inc., Abbott Laboratories, Dolomite Microfluidics, Siemens, Fluidigm, CEPHEID, F. HOFFMANN-LA ROCHE AG, RainDance Technologies, Inc., Elveflow, Perkinelmer Inc., BIO-RAD LABORATORIES, INC., and BioMérieux.
COVID 19 Impacts
The global Microfluidics Device Market has been significantly impacted by the COVID-19 pandemic, resulting in both positive and negative effects. The market experienced a surge in demand for microfluidic devices, especially diagnostic devices, due to the urgent need for rapid and accurate testing during the pandemic. The development of microfluidic-based diagnostic tools for COVID-19 testing played a vital role in managing and controlling the spread of the disease.
However, the pandemic has also had negative impacts on the microfluidics market, such as supply chain disruptions, workforce shortages, and reduced funding for research and development activities. Manufacturing facilities shutting down, as well as trade and transportation restrictions, led to product delivery delays that hindered the market’s growth
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Macroeconomic Indicators
4.5 Trends & Assessment
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Opportunities
6 Microfluidics Devices Market, By Industry
6.1 Introduction
6.2 In-Vitro Diagnostics
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.3 Pharmaceutical
6.3.1 Chips For Lab Analytics
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.3.2 Accurate Dispensing Devices
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.3.3 Micro-Reactors For Drug Synthesis
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.4 Medical Devices
6.4.1 Micro Pumps And Dispensing System
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.4.2 Inhalers
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.4.3 Micro-Needles
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.4.4 Others
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
6.5 Others
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
7 Microfluidics Devices Market, By Material
7.1 Introduction
7.2 Polymer
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
7.3 Glass
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
7.4 Silicon
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
7.5 Others
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8 Microfluidics Devices Market, By Application
8.1 Introduction
8.2 Pharmaceutical And Life Science Research
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.3 Clinical And Veterinary Diagnostics
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.4 Point Of Care Diagnostics
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.5 Analytical Devices
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.6 Drug Delivery
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.7 Environmental And Industrial
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
8.8 Others
Market Estimates & Forecast, By Region, 2017–2027
Market Estimates & Forecast, By Country, 2017–2027
9 Global Microfluidics Devices Market, By Region
9.1 Introduction
9.2 Americas
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.2.1 North America
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.2.1.1 US
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.2.1.2 Canada
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.2.2 South America
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3 Europe
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1 Western Europe
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.1 Germany
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.2 France
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.3 Italy
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.4 Spain
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.5 UK
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.1.6 Rest Of Western Europe
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.3.2 Eastern Europe
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4 Asia-Pacific
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.1 Japan
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.2 China
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.3 India
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.4 Australia
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.5 South Korea
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.4.6 Rest Of Asia-Pacific
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.5 Middle East & Africa
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.5.1 Middle East
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
9.5.2 Africa
Microfluidics Devices Market, By Industry
Microfluidics Devices Market, By Material
Microfluidics Devices Market, By Application
10 Company Landscape
10.1 Introduction
10.2 Market Share Analysis
10.3 Key Development & Strategies
11 Company Profiles
11.1 Abbott Laboratories
11.1.1 Company Overview
11.1.2 Product Overview
11.1.3 Financials Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 F. HOFFMANN-LA ROCHE AG
11.2.1 Company Overview
11.2.2 Product Overview
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.3 Agilent Technologies, Inc.
11.3.1 Company Overview
11.3.2 Product Overview
11.3.3 Financial Overview
11.3.4 Key Development
11.3.5 SWOT Analysis
11.4 Siemens
11.4.1 Company Overview
11.4.2 Product Overview
11.4.3 Financial Overview
11.4.4 Key Development
11.4.5 SWOT Analysis
11.5 Fluidigm
11.5.1 Company Overview
11.5.2 Product Overview
11.5.3 Financial Overview
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.6 BIO-RAD LABORATORIES, INC.
11.6.1 Company Overview
11.6.2 Product Overview
11.6.3 Financial Overview
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.7 CEPHEID
11.7.1 Overview
11.7.2 Product Overview
11.7.3 Financials
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.8 RainDance Technologies, Inc.
11.8.1 Overview
11.8.2 Product Overview
11.8.3 Financials
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.9 Dolomite Microfluidics
11.9.1 Overview
11.9.2 Product Overview
11.9.3 Financials
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.10 Micronit Microtechnologies
11.10.1 Overview
11.10.2 Product Overview
11.10.3 Financials
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.11 Johnson & Johnson Services, Inc.
11.11.1 Overview
11.11.2 Product Overview
11.11.3 Financials
11.11.4 Key Developments
11.11.5 SWOT Analysis
11.12 BD
11.12.1 Overview
11.12.2 Product Overview
11.12.3 Financials
11.12.4 Key Developments
11.12.5 SWOT Analysis
11.13 Elveflow
11.13.1 Overview
11.13.2 Product Overview
11.13.3 Financials
11.13.4 Key Developments
11.13.5 SWOT Analysis
11.14 Perkinelmer Inc.
11.14.1 Overview
11.14.2 Product Overview
11.14.3 Financials
11.14.4 Key Developments
11.14.5 SWOT Analysis
11.15 Thermo Fisher Scientific Inc.
11.15.1 Overview
11.15.2 Product Overview
11.15.3 Financials
11.15.4 Key Developments
11.15.5 SWOT Analysis
11.16 BioMérieux
11.16.1 Overview
11.16.2 Product Overview
11.16.3 Financials
11.16.4 Key Developments
11.16.5 SWOT Analysis
11.17 Others
12 MRFR Conclusion
12.1 Key Findings
12.1.1 From CEO’s Viewpoint
12.1.2 Unmet Needs Of The Market
12.2 Key Companies To Watch
12.3 Predictions For The Global Microfluidics Devices Market
13 Appendix
