New York, NY -- (SBWire) -- 05/16/2019 --The design of systems that have low volumes of fluids are processed to perform multiplexing, automation, and high-throughput screening have multidisciplinary applications. Microfluidics emerged in the 1980s and involves biochemistry, nanotechnology, engineering, physics, chemistry, and biotechnology.This intersectional field is based on the basic principle of controlling the fluids of a smaller scale that are normally at a sub-millimeter, scale at which capillary penetration governs the mass transportation. The microfluidics method reduces experiment time, it decreases the amount of sample required and also reduces overall costs. The researchers and industrial groups look at it as a lucrative technology as it also increases the precision of experiments and allows for multiple research tests to be carried out simultaneously.
Major Players in the Microfluidics Market
The prominent players in the global microfluidics market are Agilent Technologies, Danaher, Thermo Fisher Scientific, Becton, Dickinson and Company, PerkinElmer, Qiagen, Abbott Laboratories, Fluidigm Corporation, Illumina, Inc., and F. Hoffmann-La Roche AG, among others.
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Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Rising healthcare expenditure in developing countries and increasing the burden of infectious diseases is anticipated to present a lucrative growth scenario for the microfluidics market in this region. Furthermore, improving healthcare facilities, coupled with growing awareness among the population in the region is expected to present an attractive growth prospect for the market in the coming years.
Segmentation by Type, Application and End User
On the basis of market size and Forecast by Type, the microfluidics market is segmented into chips, sensors, micro-pumps, micro-needles. On the basis of market size and forecast by material into glass, polymer, silicon. And on the basis of market size and forecast by application, the microfluidics market is segmented into In-vitro diagnostics, laboratory testing, pharmaceuticals, and life sciences.
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Some Key Points for TOC
1. GLOBAL MICROFLUIDICS MARKET - ANALYSIS & FORECAST, BY TYPE
1.1. Introduction & Definition
1.2. Chips
1.3. Sensors
1.4. Micro-Pumps
1.5. Micro-needles
1.6. Others
2. GLOBAL MICROFLUIDICS MARKET - ANALYSIS & FORECAST, BY MATERIAL
2.1. Introduction
2.2. Glass
2.3. Silicon
2.4. Polymer
2.5. Other Materials
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Global Microfluidics Market Analysis and Forecast by 2030: Top Key Players Agilent Technologies, Danaher, Thermo Fisher Scientific
The recent research on the microfluidics market for the forecast period, 2019 to 2030 classifies the industry into various segments based on the product type, end-use and application.