Profile image
Story Views

Last Hour:
Last 24 Hours:

Rapid Progression for Global Microfluidics Market, anticipated to grow at a CAGR of 11.4% during 2017-2025

Friday, March 3, 2017 0:44
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Albany, New York, March 3, 2017: The Global Microfluidics market is experiencing a tremendous growth owing to the increase in the pharmaceutical and biotechnology research funding by government and corporate firms, globally. A report confirms that the Microfluidic technology will continue to grow in the coming years due to the increase in its application in the fields of pharmaceutical, in-vitro diagnostics, and drug delivery industries. A report titled “Global Microfluidics Market - Industry Analysis, Growth, Size, Share, Trends and Forecast 2017 – 2025” predicts that the global microfluidics market is expected to be worth US$12.45 billion by 2025 as compared to US$4.76 billion in 2016 with a CAGR of 11.4% during the period.

Request a Free Sample Report:

The global microfluidics products and devices have many advantages such as accuracy, fast return on investments, reduction in volume, liability, reduced costs and greater profit margins which are the key growth drivers. With increased investment on research, the market players of microfluidic products are expected to bring down the manufacturing costs, which will be another growth driver in the near future. The report also provides the overall information and analysis of the global microfluidics market with respect to the leading market segments based on end-users, applications, major products, key materials utilized and geographies.

In the report the global microfluidics market has been segmented based on product type and has been categorized into major three segments:

  • Cartridges and reagents
  • Instruments
  • Microfluidic chip and others

Among these, the cartridges and reagents is the most dominant and had a share of 45.2% in the global market in 2016. This segment has a wide scope for growth considering the acceptance of microfluidic products in industries and laboratories. The report also predicts that the instruments and the microfluidic chip segments will follow the lead during 2017 – 2025.

On the basis of applications the microfluidics market is classified as Wound care management, In-vitro Diagnostics (IVD), peripheral vascular diseases, pharmaceutical & biotech Research, Drug Delivery and Others. On the basis of material the segment has been classified in to Glass based, Polymer based and others. On the basis of end users the market has been classified as diagnostic Lab, hospitals, academics & research institutes, homecare settings and others

Geographically, the microfluidics market has been divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa (MEA), and Latin America. North America has a major share in the overall market. Asia Pacific is also expected to grow quickly in the coming years.

Browse Full Report With TOC:

The key players operating in the microfluidics market are Danaher Corporation, Agilent Technologies Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., RainDance Technologies Inc., and F. Hoffmann La-Roche Ltd. The market will witness a high degree of competition due to the presence of many players.

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Details:

90 State Street,

Albany, NY 12207,

United States

Toll Free: 866-997-4948 (US-Canada)

Tel: +1-518-621-2074



Follow Us on:



Facebook :


Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.