New York, NY -- (SBWire) -- 06/07/2019 --Microfluidics works 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. 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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Major Key Vendors in 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.
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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Increasing Incidences of Infectious Diseases
According to the World Health Organization (WHO), Infectious diseases are one of the major causes of death across the world. It is estimated that the prevalence of infectious disease in Russia is one of the highest in the world, followed by Brazil and the US. According to the Center for Disease Control (CDC), the total number of individuals suffering from hepatitis A in 2011 was approximately 2,700. Similarly, the number of individuals suffering from chronic hepatitis B was estimated to be between 2.5 to 3.9 million. Growing incidences of such infectious diseases have presented a lucrative growth prospect for the microfluidics market, as this technique is widely used for the detection of such conditions.
Stringent Regulatory Scenario to Restrain the Market
The presence of stringent regulatory processes is one of the major factors affecting the growth of the membrane chromatography market. Similarly, complex regulatory approval scenario is anticipated to restrain the extensive growth of the market during the forecast period.
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Microfluidics Market to Hit $Double Digit CAGR by 2030: Market Industry Reports, Inc.
The latest study 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