Microfluidic Chips Market

The global Microfluidic Chips market was valued at 28.28 Million USD in 2021 and will grow with a CAGR of 12.93% from 2021 to 2027, based on Research newly published report.

The prime objective of Microfluidic Chips Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Microfluidic Chips Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A microfluidic chip is a set of micro-channels etched or molded into a material (glass, silicon or polymer such as PDMS, for PolyDimethylSiloxane).The micro-channels forming the microfluidic chip are connected together in order to achieve the desired features (mix, pump, sort, control bio-chemical environment). Microfluidic Chips industry has much fragmented, manufacturers are mostly in the USA. Among them, USA Production value accounted for less than 36.81% of the total value of global Microfluidic Chips in 2016. Agilent is the world leading manufacturer in global Microfluidic Chips market with the market share of 3.77% in 2016. North America is the largest regional segment of the global microfluidics market, followed by Europe and Asia-Pacific. The large share of this region can be attributed to growing incidence rate of various infectious diseases, availability of insurance coverage for laboratory testing procedures, sufficient reimbursements for medical devices, and presence of well-structured distribution channels in the region. In addition, an increase in the demand for self-administration and home healthcare devices, and increasing applications of micropumps, and transdermal microneedles for chronic disease areas such as migraine, diabetes, cancer pain, and asthma have boosted the growth of this market. However, the Asia-Pacific region is the fastest-growing market owing to factors such as rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, rising demand for advanced technologies, and expansion of private-sector hospitals to rural areas in various countries.

By Market Verdors:

Agilent

Fluidigm Corporation

Micralyne, Inc

Becton Dickinson

Danaher

PerkinElmer

Bio-Rad Laboratories

Dolomite

908 Devices

MicroLIQUID

MicruX Technologies

Micronit

Fluigent

By Types:

Polymers

Ceramics

Semi-conductors

By Applications:

Pharmaceutical

Diagnostic

Drug Deliver

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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