Global Market Study on Microfluidic Devices: North America to Lead Market Expansion through 2031

Jun 2021| PMR1653A| Persistence Market Research

Report Highlights

Microfluidic Devices Market: Report Scope

Microfluidics is an evolving scientific field with numerous analytical applications and commercial potential. Microfluidics is an enabling technology for integration, industrialization, miniaturization and parallelization of tests in diagnostics, drug development and biological research.

Microfluidic devices have several applications in the field of medicine, cell biology research and protein crystallization. It also has many applications in other areas such as drug screening, sugar testers, chemical micro reactor, microprocessor cooling and micro fuel cells.

North America dominates the global microfluidic devices market. Rising aging population, increasing health awareness, rising chronic and lifestyle diseases, technological developments for various home use applications, and proper insurance coverage are driving the use of microfluidic devices in the market.

Similarly, in Europe, the microfluidic devices market is driven by rising diagnostic requirements due to increasing lifestyle associated diseases, aging population and improving healthcare infrastructure. Asia is becoming one of the most attractive markets for medical device companies. The growth for microfluidic devices is much faster than developed countries due to widening health insurance penetration and up-gradation of health care systems.

Rising demand for point of care testing, miniaturization of chip, and increasing demand for microfluidic devices in genomics and proteomics are the key growth drivers for the microfluidic devices market. New trends in healthcare, such as healthcare at home supports point of care testing (POCT) as the most efficient and effective delivery of healthcare.

Miniaturization reduces the cost for screening compounds in pharmaceutical companies for cell biology problems. On the other hand, strict regulatory requirements are a major concern for the industry. Safety, performance and consistent quality of medical devices are a necessity for public health. Thus, it leads to strict and complex regulations and standards for global affiliation of medical devices.

Different materials such as glass, silicon, polymer metal and ceramics, are used to manufacture microfluidic devices. Change in material mix would provide opportunity for new market entrants, which would further drive the growth of the microfluidic devices market.

Research and commercialization emphasis has shifted to micro devices made entirely from polymeric material. However, major challenges faced by the microfluidic devices industry are the geometrical and surface chemistry issues during manufacturing of a device. In complex microfluidic devices, geometrical and surface chemistry issues combine and lead to design and manufacturing difficulties

This report provides an in-depth analysis of estimation of the microfluidic devices market for the period 2021-2031, considering 2020 as the base year for calculation. In addition, data pertaining to current market dynamics including market drivers, restraints, trends and strategic developments has been provided in the report.

The microfluidic devices market is categorized on the basis of material used for manufacturing microfluidic devices, industry, application and geography. Based on industry, the microfluidic devices market comprises in-vitro diagnostics, pharmaceuticals and medical devices.

The application market comprises point of care testing, analytical devices, pharmaceutical and life science research, clinical and veterinary diagnostics, drug delivery and environment and industry.

In the geographical analysis, the report identifies and analyses market size and forecast of North America, Europe, Asia and Rest of the World (Row).

  • Table 1 : Market Snapshot: microfluidic device market (2021 & 2031) 13
  • Table 2 : Drivers for microfluidic devices market: Impact analysis 22
  • Table 3 : Restraints for microfluidic devices market: Impact analysis 24
  • Table 4 : Major collaborations and partnerships by microfluidic device companies (2016-2020) 25
  • Table 5 : Some of the products launched by various companies 26
  • Table 6 : Global microfluidic devices market size, by region 2016-2020 (USD million) 27
  • Table 7 : Global microfluidic devices market size, by region 2021-2031 (USD million) 28
  • Table 8 : Global microfluidic devices market size, by material 2016-2020 (USD million) 29
  • Table 9 : Global microfluidic devices market size, by material 2021-2031 (USD million) 30
  • Table 10 : Global microfluidic devices market size, by industry 2016-2020 (USD million) 31
  • Table 11 : Global microfluidic devices market size, by industry 2021-2031 (USD million) 31
  • Table 12 : Global microfluidic devices market size, by application 2016-2020 (USD million) 32
  • Table 13 : Global microfluidic devices market size, by application 2021-2031 (USD million) 33
  • Table 14 : Glass microfluidic devices market size, by region 2016-2020 (USD million) 35
  • Table 15 : Glass microfluidic devices market size, by region 2021-2031 (USD million) 35
  • Table 16 : Polymer microfluidic devices market size, by region 2016-2020 (USD million) 37
  • Table 17 : Polymer microfluidic devices market size, by region 2021-2031 (USD million) 38
  • Table 18 : Silicon microfluidic devices market size, by region 2016-2020 (USD million) 39
  • Table 19 : Silicon microfluidic devices market size, by region 2021-2031 (USD million) 40
  • Table 20 : In-vitro diagnostic industry in microfluidic devices market size, by region 2016-2020 (USD million) 42
  • Table 21 : In-vitro diagnostic industry in microfluidic devices market size, by region 2021-2031 (USD million) 42
  • Table 22 : Pharmaceutical industry in microfluidic devices market size, by region 2016-2020 (USD million) 44
  • Table 23 : Pharmaceutical industry in microfluidic devices market size, by region 2021-2031 (USD million) 45
  • Table 24 : Pharmaceutical industry in microfluidic devices market size, by products 2016-2020 (USD million) 46
  • Table 25 : Pharmaceutical industry in microfluidic devices market size, by products 2021-2031 (USD million) 47
  • Table 26 : Chips for lab analytics in microfluidic devices market size, by products 2016-2020 (USD million) 48
  • Table 27 : Chips for lab analytics in microfluidic devices market size, by products 2021-2031 (USD million) 48
  • Table 28 : Medical devices industry in microfluidic devices market size, by region 2016-2020 (USD million) 50
  • Table 29 : Medical devices industry in microfluidic devices market size, by region 2021-2031 (USD million) 50
  • Table 30 : Medical devices industry in microfluidic devices market size, by products 2016-2020 (USD million) 51
  • Table 31 : Medical devices industry in microfluidic devices market size, by products 2021-2031 (USD million) 52
  • Table 32 : Point of care testing in microfluidic devices market size, by region 2016-2020 (USD million) 54
  • Table 33 : Point of care testing in microfluidic devices market size, by region 2021-2031 (USD million) 55
  • Table 34 : Pharmaceutical and life science research in microfluidic devices market size, by region 2016-2020 (USD million) 57
  • Table 35 : Pharmaceutical and life science research in microfluidic devices market size, by region 2021-2031 (USD million) 57
  • Table 36 : Drug delivery in microfluidic devices market size, by region 2016-2020 (USD million) 59
  • Table 37 : Drug delivery in microfluidic devices market size, by region 2021-2031 (USD million) 60
  • Table 38 : Analytical devices in microfluidic devices market size, by region 2016-2020 (USD million) 62
  • Table 39 : Analytical devices in microfluidic devices market size, by region 2021-2031 (USD million) 62
  • Table 40 : Clinical and veterinary diagnostics in microfluidic devices market size, by region 2016-2020 (USD million) 64
  • Table 41 : Clinical and veterinary diagnostics in microfluidic devices market size, by region 2021-2031 (USD million) 65
  • Table 42 : Environment and industrial application in microfluidic devices market size, by region 2016-2020 (USD million) 67
  • Table 43 : Environment and industrial application in microfluidic devices market size, by region 2021-2031 (USD million) 67
  • Table 44 : The North American microfluidic devices market size, by country 2016-2020 (USD million) 70
  • Table 45 : The North American microfluidic devices market size, by country 2021-2031 (USD million) 71
  • Table 46 : The European microfluidic devices market size, by country 2016-2020 (USD million) 72
  • Table 47 : The European microfluidic devices market size, by country 2021-2031 (USD million) 73
  • Table 48 : The Asian microfluidic devices market size, by country 2016-2020 (USD million) 75
  • Table 49 : The Asian microfluidic devices market size, by country 2021-2031 (USD million) 76
  • Table 50 : Roche Diagnostics major product categories 80
  • Table 51 : Abbott Laboratories major product categories 83
  • Table 52 : Siemens Healthcare major product categories 86
  • Table 53 : Agilent Technologies major product categories 88
  • Table 54 : Major Fluidigm Corporation products and its application 90
  • Table 55 : Major Bio-Rad Laboratories products and categories 93
  • Table 56 : Major Cepheid products and categories 95
  • Table 57 : Major RainDance Technologies products and its applications 98
  • Table 58 : Major Dolomite Centre products and categories 100
  • Table 59 : Major Micronit Microfluidics products and categories 102
  • Table 60 : Major Johnson & Johnson segments and products 103
  • Table 61 : Major Becton, Dickinson and Company segments and products 105
  • Figure 1 : Microfluidic Device Market: Porters Five Force Analysis 15
  • Figure 2 : Applications of Microfluidics 18
  • Figure 3 : Functions of Microfluidics 19
  • Figure 4 : Aging population in major regions (% 2000-2050) 20
  • Figure 5 : Global microfluidic device market, by region 2021 (% share) 27
  • Figure 6 : Global microfluidic device market, by material 2021 (% share) 29
  • Figure 7 : Global microfluidic device market, by industry 2021 (% share) 30
  • Figure 8 : Global microfluidic device market, by application 2021 (% share) 32
  • Figure 9 : Glass microfluidic device market, by region 2021 (% share) 34
  • Figure 10 : Polymer microfluidic device market, by region 2021 (% share) 37
  • Figure 11 : Silicon microfluidic device market, by region 2021 (% share) 39
  • Figure 12 : In-vitro diagnostics industry in microfluidic device market, by region 2021 (% share) 41
  • Figure 13 : Pharmaceutical industry in microfluidic device market, by region 2021 (% share) 44
  • Figure 14 : Pharmaceutical industry in microfluidic device market, by product 2021 (% share) 46
  • Figure 15 : Chips for lab analytics in microfluidic device market, by product 2021 (% share) 47
  • Figure 16 : Medical device industry in microfluidic device market, by region 2021 (% share) 49
  • Figure 17 : Medical devices industry in microfluidic device market, by product 2021 (% share) 51
  • Figure 18 : Microfluidic device material used in point of care testing in 2020 (% share) 53
  • Figure 19 : Point of care testing in microfluidic device market, by region 2021 (% share) 54
  • Figure 20 : Microfluidic device material in pharmaceutical and life science research in 2020 (% share) 56
  • Figure 21 : Pharmaceutical and life science research in microfluidic device market, by region 2021 (% share) 56
  • Figure 22 : Microfluidic device material in drug delivery in 2020 (% share) 58
  • Figure 23 : Drug delivery in microfluidic device market, by region 2021 (% share) 59
  • Figure 24 : Microfluidic device material in analytical devices in 2020 (% share) 61
  • Figure 25 : Analytical Devices in microfluidic device market, by region 2021 (% share) 61
  • Figure 26 : Microfluidic device material used in clinical and veterinary diagnosis in 2020 (% share) 63
  • Figure 27 : Clinical and veterinary diagnosis in microfluidic device market, by region 2021 (% share) 64
  • Figure 28 : Microfluidic device material in environment and industrial application in 2020 (% share) 66
  • Figure 29 : Environment and industrial application in microfluidic device market, by region 2021 (% share) 66
  • Figure 30 : The North American microfluidic device market, by country 2021 (% share) 70
  • Figure 31 : The European microfluidic device market, by country 2021 (% share) 72
  • Figure 32 : The Asian microfluidic device market, by country 2021 (% share) 75
  • Figure 33 : Competitive landscape of global microfluidic device market 78
  • Figure 34 : Roche sales and net income 2016-2020 (USD Million) 81
  • Figure 35 : Abbott Laboratories net sales and net earnings 2016-2020 (USD Million) 84
  • Figure 36 : Siemens revenue and net income 2016-2020 (USD Million) 87
  • Figure 37 : Agilent Technologies net revenue and net income 2016-2020 (USD Million) 89
  • Figure 38 : Fluidigm Corporation total revenue and net income 2016-2020 (USD Million) 91
  • Figure 39 : Bio-Rad Laboratories net sales and net income 2021-2031 (USD Million) 94
  • Figure 40 : Cepheid sales and net income 2016-2020 (USD Million) 96
  • Figure 41 : Johnson & Johnson sales and net earnings 2016-2020 (USD Million) 104
  • Figure 42 : Becton, Dickinson and Company revenue and net income 2016-2020 (USD Million) 106

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