Microfluidics Market 2023 : By Share, Growth, Segments And Top Players Analysis | Illumina, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Abbott Laboratories, Qiagen

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the microfluidics market report by The Business Research Company, the rising demand for advanced and better point-of-care testing in the healthcare industry is driving the microfluidics market. Point-of-care testing (POCT) allows doctors to identify and diagnose illnesses at or near the patient's location faster than traditional lab testing. The microfluidics-based POC devices are portable and low-cost devices that are very precise and rapid.

The global microfluidics market size grew from $6.91 billion in 2022 to $7.78 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The microfluidics market size is expected to grow to $12.8 billion in 2027 at a CAGR of 13.2%.

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https://www.thebusinessresearchcompany.com/report/microfluidics-global-market-report

Major competitors in the Microfluidics market include Illumina, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Abbott Laboratories, Thermo Fisher Scientific, Qiagen, Elveflow, Cellix Ltd., Fluidigm Corporation, Fluigent SA, Zeon Corporation, Innovative Biochips, LLC, Dolomite Microfluidics, Idex Corporation, and UFluidix.

The Microfluidics market is segmented -
By Material: Silicon-Based Microfluidics, Glass-Based Microfluidics, Polymer-Based Microfluidics

By Application: Industrial & Environmental, Drug Delivery, Pharmaceutical & Life Science Research, Analysis, Clinical & Veterinary Diagnostics

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Microfluidics market.

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The microfluidics refers to the science and technology of devices that process or manipulate small volumes of fluid (10-9 to 10-18L) through channels with a width of a few tens to several hundred micrometres. Microfluidic devices perform chemical analysis on small amounts of liquid, such as a droplet (blood). Microfluidics based devices evolved as an alternative to conventional laboratory techniques, as they have the potential to carry out complete laboratory protocols on a single small chip.

The Table Of Content For The Microfluidics Market Include:
1. Executive Summary
2. Microfluidics Market Characteristics
3. Microfluidics Market Trends And Strategies
4. Microfluidics Market - Macro Economic Scenario
5. Microfluidics Market Size And Growth
……
26. Africa Microfluidics Market
27. Microfluidics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microfluidics Market
29. Microfluidics Market Future Outlook and Potential Analysis
30. Appendix

The "Global Microfluidics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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