Microfluidics Market By Component (Micro Pumps, Micro Needles, Microfluidic Chips, and Others), By Material (Silicon Based, Polymer Based, Glass Based, and Others), By Distribution Channel (Pharmaceuticals, Drug Delivery, and In-vitro Diagnostics), and Geography

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Microfluidics Market was valued at USD 27,562.42 million in 2023 and is poised to grow at a CAGR of 14.5% from 2024-2030. Microfluidics is the study of both, the behavior of fluids through microchannels and the technology of manufacturing microminiaturized devices containing chambers and tunnels through which fluids flow or are confined. Microfluidics deals with the behavior, precise control, and manipulation of fluid. They deal with very small volumes of fluids, down to femtoliters (fL) which is a quadrillionth of a liter. Increased need for point-of-care testing, a wide range of applications in various industries, benefits associated with microfluidics integration, and a high return on investment are expected to propel the market forward in the projected 2027.

Low-volume sample analysis, high-throughput screening procedures, and growing demand for in vitro diagnostics (IVD) will, on the other hand, boost the number of opportunities that will emerge as the market begins to germinate during the projection period. Microfluidics market growth is hampered by a lack of market awareness for the goods, as well as expensive prices for integrated systems and microfluidics sensors. This market report covers recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and more.

Microfluidics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

14.50%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Microfluidics Market Dynamics

Technological advancement is the key factor attributed to the growth of the microfluidics market. For instance, in February 2017, scientists at Stanford University developed a lab on a chip that costs 1 cent to make. It is a combination of microfluidics, electronics, and inkjet printing technology. The rising demand for point-of-care (POC) is adding fuel to the growth of the market. The application of microfluidics in the POCs is anticipated to cut costs. The personalized treatment for various diseases is expected to enhance the demand for microfluidics in the market. However, the stringent government regulations are hindering the growth of the market. The incorporation of microfluidics technology in the existing applications is a challenge, which may hinder the growth of the microfluidics market. In December 2017, IDEX Health & Science, LLC acquired thinXXS Microtechnology which will accelerate the growth of its microfluidics consumables business.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Microfluidics Market Segmentation

By Component
  • Micro Pumps
  • Micro Needles
  • Microfluidic Chips
  • Others
By Material
  • Silicon Based
  • Polymer Based
  • Glass Based
  • Others
By Application
  • Pharmaceuticals
  • Drug Delivery
  • In-vitro Diagnostics
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The Microfluidics Market size was valued at USD 27,562.42 million in 2023 and is poised to grow at a CAGR of 14.5% from 2024-2030

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The Microfluidics Market key players are Dolomite Microfluidics (UK), Microfluidic ChipShop (Germany), Elveflow (France), Cellix (Ireland), Micronit Microtechnologies (Netherlands), MicroLiquid (Spain), MiniFAB (Australia), uFluidix (Canada)

  1. Executive Summary
  2. Global Microfluidics Market Introduction
    • Global Microfluidics Market - Taxonomy
    • Global Microfluidics Market -Definitions
      • Component
      • Material
      • Application
  1. Global Microfluidics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Microfluidics Market Dynamic Factors - Impact Analysis
    • Global Microfluidics Market - Competition Landscape
    • Epidemiology
  2. Global Microfluidics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Microfluidics Market, By Component, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Micro Pumps
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Micro Needles
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Microfluidic Chips
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Material,2019 - 2023 and Forecast, 2024 - 2030
    • Silicon Based
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polymer Based
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Glass Based
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Pharmaceuticals
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Drug Delivery
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • In-vitro Diagnostics
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfluidics Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Region, 2024 - 2030
  2. North America Microfluidics MarketAnalysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2016 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Country, 2024 - 2030
    • North America Microfluidics Market Dynamics - Trends
  3. Europe Microfluidics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Country, 2024 - 2030
    • Europe Microfluidics Market Dynamics - Trends
  4. Asia-Pacific Microfluidics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Country, 2024 - 2030
    • Asia-Pacific Microfluidics Market Dynamics - Trends
  5. Latin America Microfluidics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Country, 2024 - 2030
    • Latin America Microfluidics Market Dynamics - Trends
  6. Middle East and Africa Microfluidics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Micro Pumps
      • Micro Needles
      • Microfluidic Chips
      • Others
    • Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Silicon Based
      • Polymer Based
      • Glass Based
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceuticals
      • Drug Delivery
      • In-vitro Diagnostics
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Microfluidics Market - Opportunity Analysis Index, By Component, By Material, By Application and Country, 2024 - 2030
    • MEA Microfluidics Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Component& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Dolomite Microfluidics (UK)
      • Microfluidic ChipShop (Germany)
      • Elveflow (France)
      • Cellix (Ireland)
      • Micronit Microtechnologies (Netherlands)
      • MicroLiquid (Spain)
      • MiniFAB (Australia)
      • uFluidix (Canada)
      • Micralyne (US)
      • Danaher (US)
      • Thermo Fisher (US)
      • PerkinElmer (US)
      • Agilent (US)
      • Bio-Rad (US)
      • Becton, Dickinson and Company (US)
      • Roche (Switzerland)
      • Illumina (US)
      • Fluigent (France)
      • Fluidigm Microfluidics (US)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Dolomite Microfluidics (UK)
  • Microfluidic ChipShop (Germany)
  • Elveflow (France)
  • Cellix (Ireland)
  • Micronit Microtechnologies (Netherlands)
  • MicroLiquid (Spain)
  • MiniFAB (Australia)
  • uFluidix (Canada)
  • Micralyne (US)
  • Danaher (US)
  • Thermo Fisher (US)
  • PerkinElmer (US)
  • Agilent (US)
  • Bio-Rad (US)
  • Becton, Dickinson and Company (US)
  • Roche (Switzerland)
  • Illumina (US)
  • Fluigent (France)
  • Fluidigm Microfluidics (US

Adjacent Markets