How large is the microfluidic devices market, and what is its growth trajectory?
The microfluidic devices market size has grown rapidly in recent years. It will grow from $8.77 $ billion in 2024 to $10.14 $ billion in 2025 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to high growth in demand for point-of-care testing devices, focus on cost reduction is growing, growing usage of 3D printing technology, rising demand in healthcare applications, and government funding for genomics and proteomics research.
The microfluidic devices market size is expected to see rapid growth in the next few years. It will grow to $17.94 $ billion in 2029 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to increasing demand for microfluidic devices across various industries, increase in prevalence of infectious diseases, increasing geriatric population, increase in research and development (R&D) activity for advancements, and increasing application of microfluidics in the novel drug delivery system. Major trends in the forecast period include the introduction of new materials, and techniques, integration of microfluidic devices with artificial intelligence, advancements in biotechnology, integration of microfluidics with smart technologies, and innovations with cost-effective devices.
Get Your Free Sample of The Global Microfluidic Devices Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19589&type=smp
What are the key forces behind the microfluidic devices market’s growth in recent years?
The rising prevalence of infectious diseases is expected to propel the growth of the microfluidic devices market going forward. Infectious diseases are disorders caused by pathogenic microorganisms, such as bacteria, viruses, fungi, or parasites. The prevalence of infectious diseases is due to pathogen characteristics, environmental factors, human behavior, and availability of medical services. Microfluidic devices are a powerful tool in the fight against infectious diseases due to their ability to handle and analyze small volumes of biological samples with high precision and efficiency. It enhances the ability to detect, diagnose, and manage infectious diseases efficiently and accurately, contributing to better health outcomes and disease control. For instance, in May 2024, according to the report published by Joint United Nations Programme on HIV/AIDS (UNAIDS), a US-based advocate for accelerated global action on the HIV or AIDS pandemic, around 39 million people were living with HIV or AIDS worldwide in 2022, with approximately 1.3 million new HIV infections reported that year. Therefore, the rising prevalence of infectious diseases drives the growth of the microfluidic devices market.
What are the major segments of the microfluidic devices market?
The microfluidic devicesmarket covered in this report is segmented –
1) By Device Type: Chips, Sensors, Other Device Types
2) By Material: Glass, Silicon, Polymer, Other Materials
3) By End-User: Pharmaceutical And Biotechnology Companies, Research Institutes, Diagnostic Centers, Healthcare Facilities, Other End-Users
Subsegments:
1) By Chips: Lab-on-a-Chip (LoC) Devices, Digital Microfluidic Chips, Microfluidic Flow Control Chips, Integrated Microfluidic Platforms, Diagnostic Microfluidic Chips
2) By Sensors: Pressure Sensors, Flow Sensors, Temperature Sensors, Chemical Sensors, Optical Sensors
3) By Other Device Types: Microfluidic Pumps, Valves and Actuators, Microarray Devices, Microfluidic Analytical Devices, Microfluidic Bioreactors.
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/microfluidic-devices-global-market-report
Which companies dominate the microfluidic devices market?
Major companies operating in the microfluidic devices market are Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies Inc., Teledyne Technologies Incorporated, Illumina Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., Zeon Corporation, Standard BioTools Inc., Biosurfit SA, Blacktrace Holdings Ltd., LioniX International B.V., CMC Microsystems Inc., Micronit Microfluidics B.V., Sphere Fluidics Limited, Microfluidic ChipShop GmbH, BlackHole Lab Inc., Bartels-Mikrotechnik GmbH, Hesperos Inc., Fluigent SA
What major trends will shape the microfluidic devices market during the forecast period?
Major companies operating in the microfluidic devices market are focused on developing innovative platforms, such as microfluidic chip-based platforms, to streamline and automate complex laboratory processes, enhance the precision and efficiency of experiments, and enable a wide range of applications. A microfluidic chip-based platform is a miniaturized device combining multiple laboratory functions onto a single chip to control and analyze small volumes of fluids precisely. For instance, in January 2023, SCIEX, a US-based manufacturer of mass spectrometry instrumentation, launched the Intabio ZT system, the first fully integrated microfluidic chip-based platform. It is the first fully-integrated microfluidic chip-based platform that combines imaged capillary isoelectric focusing (icIEF) separation and UV detection. The system utilizes the Biologics Explorer software, which enhances data processing capabilities, allowing for a deeper understanding of the biopharmaceuticals being analyzed.
What are the key regional dynamics of the microfluidic devices market, and which region leads in market share?
North America was the largest region in the microfluidic devicess market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the microfluidic devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Microfluidic Devices Market Report 2025 Offer?
The microfluidic devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Microfluidic devices are specialized tools used to control and manipulate small volumes of fluids, often at the microliter to picoliter scale. These devices typically integrate complex fluid handling systems on a single microchip or small substrate. Microfluidics involves precisely controlling fluid flows in microchannels, enabling a wide range of applications.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19589
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
