Global Microfluidics is booming market to hit $23,439.5 million at healthy CAGR of 18.7% in the forecast by 2025

 Onkar Nimbalkar
  22nd-Aug-2019
 82
H5H_1566504908_1.jpg

Definition:

Microfluidics deals with the behaviour, precise control and manipulation of fluids that are geometrically constrained to a small, typically sub-millimeter, scale at which capillary penetration governs mass transport.

Analysis of Global Microfluidics is booming report:

Global Microfluidics Market is expected to reach USD 23,439.5 million by 2025 from USD 5,988.2 million in 2017, at a CAGR of 18.7% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Get Sample Copy of Report Here: @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-microfluidics-market

Major Market Drivers And Drivers:

The major factors contributing to the growth of the market includes increased demand of POC testing, wide range of applications in different sectors, benefits associated with incorporation of microfluidics and high return on investments are some of the key driving factors in the global microfluidics market.

Leading Key drivers in this report are:

Some of the major factors driving the market for global microfluidics market are increased demand of POC testing, wide range of applications in different sectors, benefits associated with incorporation of microfluidics and high return on investments.

Global Microfluidics is booming Market Segmentation:

· The global microfluidics market is segmented on the basis of components into microfluidic chips, micropumps, microneedles and others. In 2018, microfluidic chips are anticipated to lead the market with 56.0% shares and will grow at USD 13,433.3 million by 2025. It is exceeding at the highest CAGR of 19.1% in the forecast period.

· The global microfluidics market is segmented on the basis of material into polymer, glass, silicon and others. In 2018, the polymers market is assessed to dominate with 55.9% shares and will collect around USD 13, 284.0 million by 2025. It is rising at the CAGR of 18.9%.

· The global microfluidics market is segmented on the basis of sectors into industrial and healthcare. In 2018, healthcare sector is projected to lead the market with 66.5% shares and is expected to reach 15,899.6 million by 2025. It is growing at the highest CAGR of 19.0% in the forecast period. The industrial sector is further segmented into biotechnology, energy, nutraceuticals & food, cosmetics and chemical. The healthcare sector is segmented into POC diagnostics, cell analysis, drug discovery, immunoassays, genotyping & sequencing, microarray analysis, in-vitro diagnostics, biomarker analysis and others.

· The global microfluidics market based on end-users is segmented into hospitals, research laboratories & academia and industrial R&D. In 2018, hospitals market is estimated to rule with 63.1% shares and will cross USD 15, 137.3 million by 2025, rising at the CAGR of 19.1%.

· Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Get 20% Extra Discount for Early Buyer, Know More @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-microfluidics-market

The Global Microfluidics is booming market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Microfluidics is booming market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.

Contact:

Data Bridge Market Research

+1-888-387-2818

Domain: Business
Category: Management
Contributing Organization: Data Bridge Market Research Pvt Ltd
Contact Person Address: dbmronkar08@gmail.com
Posted By: Onkar Nimbalkar and Contact Onkar Nimbalkar

Recent Press Releases

Soil Testing, Inspection, and Certif...

Soil Testing, Inspection and Certification Market Soil testing, inspection, and certification are important to optimize crop yield, to protect the environment from contamination, a

20 September, 2019

Global Iodine Market- Key Developmen...

Iodine is a non-metallic element with a blue-black color and lustrous appearance. It belongs to the halogen family in the periodic table and is the least reactive among the halogen

20 September, 2019

Industrial Agitator Market Know in d...

Xylem Inc., SPX FLOW, Inc., Sulzer Ltd, Tacmina Corporation, and EKATO Group. - Prominent Market Participants in Industrial Agitator Market Industrial agitator market operates in a

20 September, 2019