Asia Pacific Microfluidics Market

Market Introduction

Microfluidics involves processing or manipulation of small amount of fluidics. It studies various systems that can process small quantities of fluids by using tiny channels having dimensions in micrometers. Microfluidics is an emerging technology having a wide range of applications in biology, chemistry, optics and information technology. This technology is widely used for various processes such as capillary electrophoresis, sample injection in mass spectrometry, immunoassays, flow cytometry, DNA analysis, separation and manipulation of cells, PCR amplification, among others. Additionally, microfluidics is also used in the diagnosis of diseases such as cancer and research.

Asia Pacific Microfluidics Strategic Insights

Strategic insights for the Asia Pacific Microfluidics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Microfluidics Report Scope

Asia Pacific Microfluidics Regional Insights

The geographic scope of the Asia Pacific Microfluidics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Asia Pacific Microfluidics market is expected to reach US$ 8,788.24 million in 2027 from US$ 2,294.22 million in 2019. The market is anticipated to grow with a CAGR of 18.6% from 2020 to 2027. Factors driving the market growth include application of microfluidics technologies in point-of-care testing, and technological development in microfluidics products. However, lower adoption in emerging economies is the major factor hindering the market growth. COVID19 has affected the Asia Pacific countries which has led to high number of mortality due coronavirus cases. Research institutes are developing COVI19 detection devices based on microfluidic technology.

Key Market Segments

In terms of product, the device segment held the largest share of the market in 2019; however, the microfluidic chips segment is anticipated to register the highest CAGR in the market during the forecast period. In terms of material, the PDMS segment held a larger share of the market in 2019 and similar segment is estimated to register a higher market share in the market during the forecast period. Likewise, in terms of application, the in vitro diagnostics segment held a larger share of the market in 2019 and is estimated to register a higher CAGR in the market during the forecast period.

Major Sources and Companies Listed

The World Health Organization (WHO), World Heart Federation, National Center for Biotechnology Information are some of the major primary and secondary sources for the Asia Pacific Microfluidics market included in the report.

Reasons to buy the report

• To understand the Asia Pacific Microfluidics market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for the Asia Pacific Microfluidics  market
• Efficiently plan M&A and partnership deals in the Asia Pacific Microfluidics market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Asia Pacific Microfluidics market
• Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Asia Pacific Microfluidics Market Segmentation

Microfluidics Market – By Product

• Devices
• Microfluidic Chips
• Microfluidic Sensors
• Micropumps
• Microneedles
• Other Products

Microfluidics Market – By Material

• PDMS
• Glass
• Silicon
• Polymer
• Other Materials

Microfluidics Market – By Application

• In Vitro Diagnostics
  • Point-of-Care Testing
  • Clinical Diagnostics
• Pharmaceutical and Life Science Research
• Drug Discovery
• Other Applications

Company Profiles

• Agilent Technologies, Inc.,
• BD
• Bio-Rad Laboratories Inc.
• Danaher
• Dolomite Microfluidics (Blacktrace Holdings Ltd.)
• Fludigm Corporation
• Illumina, Inc.
• microfluidic ChipShop GmbH,
• Perkin Elmer, Inc.
• Thermo Fisher Scientific Inc.