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GLOBAL INDUSTRY INSIGHT:
Microfluidic Devices Market Size, Share, Development, Growth and
Demand Forecast to 2020

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

P&S Market Research releases a new research report “Global Industry Insight: Microfluidic Devices Market
Development and Demand Forecast to 2020” with market overview, trends, DRO analysis, market
segmentation, market size and forecast, porter analysis, recent developments, competitive scenario and top
competitor profiles.
The market of microfluidic devices is gaining significant importance due to growing R&D investment in life
sciences, pharmaceuticals, and increasing point of care testing demand. The global market for microfluidic
devices is expected to grow at a CAGR of 23.0% during the period 2015 to 2020 to reach $6,471 million by 2020.
The factors driving the growth of microfluidic devices market are increase in demand for point of care testing
products, rise in the commercial and analytical applications of these devices and use of microfluidic products for
miniaturization of chip.
Browse report description with detailed TOC: https://www.psmarketresearch.com/market-analysis/microfluidicdevices-market

Continuous innovations in microfluidic devices have led to transformation of drug discovery and development,
gene expression analysis and genotyping in the pharmaceutical and biopharmaceutical industry. Microfluidic
device companies are entering in collaborations and partnerships to build a more innovative approach, offering
advanced tools for diagnostics and research. But, regulatory issues act as hindrance in the development of
microfluidic devices market. Apart from regulatory challenges, the market also confronts issues from surface
chemistry and geometrical problem during manufacturing process.

On the basis of application, point of care testing (POCT) is by far the fastest growing application area of
microfluidic devices. The application of microfluidic devices in POCT is expected to witness a CAGR of 28.2%
during the period 2015 to 2020 and to reach $1.8 billion in 2020. An increase in point of care testing, as an
effective method for delivery of treatment, has also led to increase in demand for the microfluidic devices in the
global market. Diagnostic companies are getting access to microfluidic based technologies through acquisitions,
as it reduces the technology development risk, and thereby increases the reactivity.

Browse

Report

Sample

at:

https://www.psmarketresearch.com/market-analysis/microfluidic-devices-

market/report-sample

In terms of material, the polymer had the largest share in the global microfluidic devices market, and it is expected
to grow at the highest CAGR among all the materials during the forecast period. Polymer is an attractive
alternative to glass and silicon, as it has faster fabrication process and is comparatively cheaper. Polymer has
also become the most preferred substrate for POCT applications, and has several advantages like oxygen
permeability, gas permeability, nontoxic and optical transparency.

© P&S Market Research. All rights reserved

2

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

At present North America dominates the global microfluidic devices market, driven by factors such as growing
geriatric population, increasing health and wellness awareness, rising occurrence of chronic and lifestyle ailments,
informed insurance options and various technological developments suited for varied applications. Asia-Pacific is
expected to emerge as an attractive market for companies manufacturing medical devices. In Europe, the
microfluidic devices market is driven by increased diagnostic requirements, attributed to rising diseases and
lifestyle changes, aging population and improving healthcare facilities. The European microfluidic devices market
is expected to report the highest CAGR during 2015 to 2020 among all the regions; whereas, North America will
remain the largest market in 2020.

Pre-Purchase Enquiry at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=microfluidic-devicesmarket

The major companies operating in the drug of abuse testing market include Abbott Laboratories, Agilent
Technologies, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc. Cepheid, Dolomite Centre, F.
Hoffmann-La Roche, Fluidigm Corporation, Johnson & Johnson, Micronit Microfluidics, RainDance Technologies,
Inc., and Siemens Healthcare, Inc.
TABLE OF CONTENT
Chapter 1

Research Scope and Methodology

1.1

Market Definition

1.2

Market Breakdown by Industry, Application and Material

1.3

Market Breakdown by Geography

1.4

Research Methodology and Sources

Chapter 2

Executive Summary

2.1

Key Findings

2.2

Research Summary

Chapter 3

Market Outlook

3.1

Introduction

3.2

Trends in the Market

© P&S Market Research. All rights reserved

3

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

3.2.1 New product innovations
3.2.2 Rise in partnerships and collaborations
3.3

Factors Driving the Market and its Impact on Market Forecast

3.3.1 Material mix changes providing opportunities for new players
3.3.2 Increase in global demand for point of care testing
3.3.3 Microfluidic technologies for miniaturization of chip
3.3.4 Rising demand in genomics and proteomics studies
3.3.5 Impact analysis of drivers on market forecast
3.4

Factors Hindering the Market and its Impact on Market Forecast

3.4.1 Geometrical and surface chemistry issues
3.4.2 Adherence to stringent regulatory requirements
3.4.3 Impact Analysis of Restraints on Market Forecast
Chapter 4

Global Market Size and Forecasts (2011 – 2020)

4.1

Global Market Breakdown by Industry

4.2

Global Market Breakdown by Application

4.3

Global Market Breakdown by Material

4.4

Global Market Breakdown by Region

Chapter 5

Global Market Breakdown by Industry

5.1

In-vitro Diagnostics (IVD) Market Breakdown by Region

5.2

Pharmaceuticals Market Breakdown by Region and by Product

5.3

Medical Devices Market Breakdown by Region and by Product

Chapter 6

Global Market Breakdown by Application

© P&S Market Research. All rights reserved

4

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

6.1

Point of Care Testing Market Breakdown by Region

6.2

Pharmaceutical and Life Science Research Market Breakdown by Region

6.3

Drug Delivery Market Breakdown by Region

6.4

Analytical Devices Market Breakdown by Region

6.5

Clinical and Veterinary Diagnostics Market Breakdown by Region

6.6

Environmental and Industrial Market Breakdown by Region

Chapter 7

Global Market Breakdown by Material

7.1

Glass Market Breakdown by Region

7.2

Polymer Market Breakdown by Region

7.3

Silicon Market Breakdown by Region

Chapter 8

Global Market Breakdown by Region

8.1

North America Market Breakdown by Country

8.2

Europe Market Breakdown by Country

8.3

Asia-Pacific Market Breakdown by Country

Chapter 9
9.1

Competitive Analysis and Market Share
Porter's Five Forces of Competitive Position Analysis

9.1.1 Bargaining power of buyers
9.1.2 Bargaining power of suppliers
9.1.3 Threat of new entrants
9.1.4 Intensity of rivalry
9.1.5 Threat of substitutes
9.2

Competitive Positioning of Key Competitors

© P&S Market Research. All rights reserved

5

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

Chapter 10
10.1

Company Profiles
F. Hoffmann-La Roche AG

10.1.1 Business Overview
10.1.2 Products and Services
10.1.3 Recent Developments
10.2

Abbott Laboratories

10.2.1 Business Overview
10.2.2 Products and Services
10.2.3 Recent Developments
10.3

Siemens Healthcare GmbH

10.3.1 Business Overview
10.3.2 Products and Services
10.3.3 Recent Developments
10.4

Agilent Technologies, Inc.

10.4.1 Business Overview
10.4.2 Products and Services
10.4.3 Recent Developments
10.5

Fluidigm Corporation

10.5.1 Business Overview
10.5.2 Products and Services
10.5.3 Recent Developments
10.6

Bio-Rad Laboratories, Inc.

© P&S Market Research. All rights reserved

6

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

10.6.1 Business Overview
10.6.2 Products and Services
10.6.3 Recent Developments
10.7

Cepheid

10.7.1 Business Overview
10.7.2 Products and Services
10.7.3 Recent Developments
10.8

RainDance Technologies, Inc.

10.8.1 Business Overview
10.8.2 Products and Services
10.8.3 Recent Developments
10.9

Dolomite Centre

10.9.1 Business Overview
10.9.2 Products and Services
10.9.3 Recent Developments
10.10 Micronit Microfluidics
10.10.1 Business Overview
10.10.2 Products and Services
10.10.3 Recent Developments
10.11 Johnson & Johnson
10.11.1 Business Overview
10.11.2 Products and Services

© P&S Market Research. All rights reserved

7

Global Microfluidic Devices Market (Size of $1,886 million in
2014) to Witness a CAGR of 23% during 2015 - 2020

10.11.3 Recent Developments
10.12 Becton, Dickinson and Company
10.12.1 Business Overview
10.12.2 Products and Services
10.12.3 Recent Developments
Chapter 11
11.1

Appendix

List of Abbreviations

Browse Other Related Report at: https://www.psmarketresearch.com/industry-report/medical-devices

About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for
various geographies around the globe. We provide market research reports, industry forecasting reports,
business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate
forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through
their interaction with leading companies of the concerned domain. We help our clients with B2B market research
and assist them in identifying various windows of opportunity, and framing informed and customized business
expansion strategies in different regions.
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Email: enquiry@psmarketresearch.com
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© P&S Market Research. All rights reserved

8


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