Microfluidics Market (By Technology: Medical/Healthcare, Non-medical; By Material: Silicon, Glass, Polymer, PDMS, Others; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The global microfluidics market was valued at USD 26.45 billion in 2022 and it is predicted to surpass around USD 83.61 billion by 2032 with a CAGR of 12.2% from 2023 to 2032.

Microfluidics Market Size 2023 to 2032

Key Pointers

  • The medical segment held the highest share of the microfluidics market in 2022 and is expected to exhibit a CAGR of 12.53% during the forecast period.
  • The polydimethylsiloxane (PDMS) segment held the highest share of the microfluidics market in 2022 and is expected to grow at a CAGR of 13.6% during the forecast period.
  • The lab-on-a-chip segment dominated the microfluidics market in 2022 and is expected to reveal a CAGR of 11.08% during the forecast period.
  • The organs-on-chips segment is anticipated to witness a considerable growth rate of 17.26% during the forecast period.
  • North America dominated the microfluidics market with a share of 43.21% in 2022 and is projected to exhibit a CAGR of 10.8% during the forecast period.
  • Asia Pacific is expected to expand at a high growth rate of 15.8% during the forecast period.
Report Coverage Details
Market Size in 2022 USD 26.45 billion
Revenue Forecast by 2032 USD 83.61 billion
Growth rate from 2023 to 2032 CAGR of 12.2%
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered Illumina, Inc.; F. Hoffmann-La Roche Ltd; PerkinElmer, Inc; Agilent Technologies, Inc.; Bio-Rad Laboratories, Inc.; Danaher Corporation; Abbott; Standard BioTools

 

The increasing penetration of microfluidics devices in various fields of research and diagnosis is expected to drive the market. For instance, there has been an improvement in the number of microfluidic devices applicable to ophthalmological conditions over the past decade. Microfluidic approaches have been effectively used to determine glucose levels, detect infection, diagnose dry eye disease, and assess levels of vascular endothelium growth factor. Such applications are expected to positively affect the microfluidics market growth in the coming years.

For instance, BeforCure, a spin-off company from Elvesys, developed an ultra-fast PCR-on-chip system for the detection of the virus. This product is based on Fastgen technology and leverages the advantages of microfluidics to deliver test results in less than 30 minutes. Furthermore, various studies are being conducted to evaluate the use of microfluidics in COVID-19 detection by PCR technique. A study was published in June 2021 by researchers in China that demonstrated the use of the latest rapid microfluidic PCR. It concluded that rapid PCR can be achieved with the use of emerging state-of-the-art microfluidics for SARS-CoV-2 detection.

The major advantage of microfluidics devices is their ability to analyze small volumes of samples. This reduces the amount of reagent waste and helps preserve samples that are difficult to produce. The introduction of microfluidics devices has driven the demand for low-volume sample devices. A surge in research activities undertaken by analytical and clinical researchers has also driven the demand for microfluidics devices. The conventional method of genome analysis requires decoding the entire DNA, thus adding to the cost of analysis and time. Microfluidics devices need a very small volume of samples for data interpretation. The application of microfluidics has allowed conventional laboratory procedures to be miniaturized onto a lab-on-a-chip.

The point-of-care diagnostics introduced by numerous market players led to early disease diagnosis and reduced hospital visits. With improved technologies, market players now distinguish their products using minimally invasive features along with accuracy and speed. Microfluidics has thus made its mark in the IVD market. Moreover, market players, such as Abbott, Roche, and Danaher, have already incorporated microfluidics technology in their existing diagnostic devices. With advancements in technology, digital microfluidics is being explored by several key players. In August 2022, HORIBA announced a collaboration with SigTuple to speed up the deployment of its AI100, an AI-assisted digital pathology solution, in the Indian subcontinent. SigTuple combined AI, robotics, microfluidics, and cloud computing to develop smart diagnostic solutions to make quality healthcare delivery accessible and affordable.

Microfluidics Market Segmentations:

By Technology

  • Medical/Healthcare
    • PCR & RT-PCR
    • Gel Electrophoresis
    • Microarrays
    • ELISA
    • Others
  • Non-medical

By Material 

  • Silicon
  • Glass
  • Polymer
  • PDMS
  • Others

By Application

  • Lab-on-a-chip
    • Medical
    • Non-Medical
  • Organs-on-chips
    • Medical
    • Non-Medical
  • Continuous Flow Microfluidics
    • Medical
    • Non-Medical
  • Optofluidics And Microfluidics
    • Medical
    • Non-Medical
  • Acoustofluidics And Microfluidics
    • Medical
    • Non-Medical
  • Electrophoresis And Microfluidics
    • Medical
    • Non-Medical

Frequently Asked Questions

The global microfluidics market size was reached at USD 26.45 billion in 2022 and it is projected to hit around USD 83.61 billion by 2032.

The global microfluidics market is growing at a compound annual growth rate (CAGR) of 12.2% from 2023 to 2032.

The North America region has accounted for the largest microfluidics market share in 2022.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Microfluidics Market 

5.1. COVID-19 Landscape: Microfluidics Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Microfluidics Market, By Technology

8.1. Microfluidics Market, by Technology, 2023-2032

8.1.1 Medical/Healthcare

8.1.1.1. Market Revenue and Forecast (2019-2032)

8.1.2. Non-medical

8.1.2.1. Market Revenue and Forecast (2019-2032)

Chapter 9. Global Microfluidics Market, By Material

9.1. Microfluidics Market, by Material, 2023-2032

9.1.1. Silicon

9.1.1.1. Market Revenue and Forecast (2019-2032)

9.1.2. Glass

9.1.2.1. Market Revenue and Forecast (2019-2032)

9.1.3. Polymer

9.1.3.1. Market Revenue and Forecast (2019-2032)

9.1.4. PDMS

9.1.4.1. Market Revenue and Forecast (2019-2032)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2019-2032)

Chapter 10. Global Microfluidics Market, By Application 

10.1. Microfluidics Market, by Application, 2023-2032

10.1.1. Lab-on-a-chip

10.1.1.1. Market Revenue and Forecast (2019-2032)

10.1.2. Organs-on-chips

10.1.2.1. Market Revenue and Forecast (2019-2032)

10.1.3. Continuous Flow Microfluidics

10.1.3.1. Market Revenue and Forecast (2019-2032)

10.1.4. Optofluidics And Microfluidics

10.1.4.1. Market Revenue and Forecast (2019-2032)

10.1.5. Acoustofluidics And Microfluidics

10.1.5.1. Market Revenue and Forecast (2019-2032)

10.1.6. Electrophoresis And Microfluidics

10.1.6.1. Market Revenue and Forecast (2019-2032)

Chapter 11. Global Microfluidics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Technology (2019-2032)

11.1.2. Market Revenue and Forecast, by Material (2019-2032)

11.1.3. Market Revenue and Forecast, by Application (2019-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.1.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.1.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.1.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.1.5.3. Market Revenue and Forecast, by Application (2019-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Technology (2019-2032)

11.2.2. Market Revenue and Forecast, by Material (2019-2032)

11.2.3. Market Revenue and Forecast, by Application (2019-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.2.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.2.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.2.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.2.5.3. Market Revenue and Forecast, by Application (2019-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Technology (2019-2032)

11.2.6.2. Market Revenue and Forecast, by Material (2019-2032)

11.2.6.3. Market Revenue and Forecast, by Application (2019-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Technology (2019-2032)

11.2.7.2. Market Revenue and Forecast, by Material (2019-2032)

11.2.7.3. Market Revenue and Forecast, by Application (2019-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Technology (2019-2032)

11.3.2. Market Revenue and Forecast, by Material (2019-2032)

11.3.3. Market Revenue and Forecast, by Application (2019-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.3.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.3.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.3.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.3.5.3. Market Revenue and Forecast, by Application (2019-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Technology (2019-2032)

11.3.6.2. Market Revenue and Forecast, by Material (2019-2032)

11.3.6.3. Market Revenue and Forecast, by Application (2019-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Technology (2019-2032)

11.3.7.2. Market Revenue and Forecast, by Material (2019-2032)

11.3.7.3. Market Revenue and Forecast, by Application (2019-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.4.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.4.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.4.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.4.5.3. Market Revenue and Forecast, by Application (2019-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Technology (2019-2032)

11.4.6.2. Market Revenue and Forecast, by Material (2019-2032)

11.4.6.3. Market Revenue and Forecast, by Application (2019-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Technology (2019-2032)

11.4.7.2. Market Revenue and Forecast, by Material (2019-2032)

11.4.7.3. Market Revenue and Forecast, by Application (2019-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.5.3. Market Revenue and Forecast, by Application (2019-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Technology (2019-2032)

11.5.4.2. Market Revenue and Forecast, by Material (2019-2032)

11.5.4.3. Market Revenue and Forecast, by Application (2019-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Technology (2019-2032)

11.5.5.2. Market Revenue and Forecast, by Material (2019-2032)

11.5.5.3. Market Revenue and Forecast, by Application (2019-2032)

Chapter 12. Company Profiles

12.1. Illumina, Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. F. Hoffmann-La Roche Ltd

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. PerkinElmer, Inc

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Agilent Technologies, Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Bio-Rad Laboratories, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Danaher Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Abbott

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Standard BioTools

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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