Microfluidics Market Growth Rate, Top Regions, Key Players and Forecast to 2031

The global microfluidics market is anticipated to grow at a considerable CAGR of 18.3% during the forecast period (2024-2031). The microencapsulation of living cells in microfluidics has recently got the immense attention of researchers as it is effective in cancer treatment, drug delivery, environmental remediation, food production, and cell culture. However, cell viability, cell leaching, nutrient, and oxygen diffusion remain the challenging factors during the researches.

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Additionally, the uniform shape and size of microbeads are other restraining factors in microfluidics-based researches. To overcome these challenges T-junction microfluidics is developed in which the photo cross-linking microencapsulation method is used. In line to satisfy the increasing demand for microfluidics encapsulators, Dolomite in March 2019 had launched Encapsulator Systems. Such microencapsulation systems can encapsulate around 300,000 cells in the form of monodisperse droplets in just 15 minutes. The growing investment by key microfluidics manufacturers in development of innovative microfluidics is anticipated to drive the growth of the microfluidics market across the globe.

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Market Coverage

  • Segment Covered-

o             By Component

o             By Material

o             By Application

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape- Agilent Technologies, Inc., Danaher Corp., GE Healthcare, Merck KGaA, Thermo Fisher Scientific, Inc., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Microfluidics Market Report Segment

By Component

  • Microfluidic Chips
  • Micro Pumps
  • Microneedles
  • Other Components

By Material

  • Polymer
  • Silicon
  • Glass
  • Other Materials

By Application

  • Lab-on-a-chip
  • Organs-on-chips
  • Continuous flow microfluidics
  • Optofluidics & microfluidics
  • Acoustofluidics & microfluidics
  • Electrophoresis & microfluidics

 

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