Market Research Trends

In 2032, the global microfluidics market is anticipated to increase by 6.0% year on year, reaching a market size of $11.39 billion. Microfluidics devices have gained popularity as an alternative to traditional biological and chemical assays due to their ability to use less sample and reagent, reduce analysis time, and simplify automation. Furthermore, these devices enable test parallelization, which reduces assay costs. Microfluidics technologies hold significant potential in the development of next-generation sequencing-based point-of-care diagnostic equipment. This is due to their high integration, mobility, and low production costs, which are expected to fuel market growth throughout the forecast period. The demand for microfluidics technology-based devices has also been driven by advancements in medication delivery technology. The emergence of drug delivery systems based on microfluidics, such as micro-needle arrays, inhaler nozzles, transdermal and micro-pumps, has revolutionized...

Global demand for microfluidics is predicted to expand 6.0% year on year to $11.39 billion in 2032. Because of features like as reduced sample and reagent use, reduced analysis time, and an easier automation process, microfluidics devices are an appealing alternative for tests such as biological and chemical assays. Microfluidics devices also allow for the parallelization of tests, lowering the overall cost of the assay. These technologies offer a great deal of potential in the field of next-generation sequencing-based point-of-care diagnostic equipment. This is owing to the low cost of production as well as the high integration and mobility of systems, which cause the market to develop positively throughout the projection period. The advancement of medication delivery technology raises the demand for microfluidics technology-based devices in the market. The development of numerous drug delivery systems based on microfluidics, such as micro-needle arrays, inhaler nozzles, transder...

According to a recent study by Future Market Insights (FMI), the global  Microfluidics Market  is expected to witness high growth during the forecast period. The market is expected to grow from US$ 5.9 Bn in 2021 to over US$ 17.8 Bn by 2031. This reflects a cumulative CAGR of around 11.1% over the forecast period (2022-2031). The flow of liquids through various microscopic channels or mediums such as nozzles, pumps or chips is based on a technology known as microfluidics. The products based on such technology can control and direct the fluids at the lowest dimensions which could range from ten to hundreds of micrometers. Microfluidics helps facilitate many assays concurrently. Thus, increasing the throughput where a good level of spatiotemporal control is possible. This reduces the consumption and cost of precious fluids, chemical and biological assays. Numerous applications utilizes microfluidics based technology such as clinical diagnostics, analytical testing, point-of-...

According to a recent study by Future Market Insights (FMI), the global  Microfluidics Market  is expected to witness high growth during the forecast period. The market is expected to grow from US$ 5.9 Bn in 2021 to over US$ 17.8 Bn by 2031. This reflects a cumulative CAGR of around 11.1% over the forecast period (2022-2031). The flow of liquids through various microscopic channels or mediums such as nozzles, pumps or chips is based on a technology known as microfluidics. The products based on such technology can control and direct the fluids at the lowest dimensions which could range from ten to hundreds of micrometers. Microfluidics helps facilitate many assays concurrently. Thus, increasing the throughput where a good level of spatiotemporal control is possible. This reduces the consumption and cost of precious fluids, chemical and biological assays. Numerous applications utilizes microfluidics based technology such as clinical diagnostics, analytical testing, point-of-...