Global Microfluidic Devices Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$

1. Global Microfluidic Devices Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 14.29 Bn by 2027 Bizizz Market Research has recently published a research report, “Microfluidic Devices Market by Device Type (Chips, Sensors, Others), Material (Glass, Silicon, Polymer, Others), Application (Pharmaceutical & Life Science Research, Diagnosis & Treatment, Others), End User (Research Institutes, Pharmaceutical and Biotechnology Companies, Healthcare Facilities Diagnostic Centers, Others), and Region-Global Industry Trends, Estimation & Forecast, 2019 - 2027”. As per the report, Global Microfluidic Devices Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 14.29 Bn by 2027, witnessing a CAGR of 19.6 % during the forecast period. Rising demand for point of care (POC) diagnostic products, microfluidic technologies for downsizing of the chip, and ascending demand in proteomics and genomics is driving the demand for microfluidic devices market.Escalating technological progress is one of the fundamental determinants triggering the microfluidic device market. Another significant driving determinant is the utilization of micro-sized devices for biomedical applications. The combination of microfluidic and immunoassays has demonstrated to be among the best assuring point-of-care biosensor platforms. Microfluidic sensors and chips have presented latent functionalities which have made it feasible to conduct particular experimentations in the biomedical domain. The Microfluidic Devices market is anticipated to register a CAGR of over 19.6 % during the forecast period. To Have A Glimpse Of The Report Or To Avail The Free Sample Click The Link Below: https://bizizzmarketresearch.com/sample/global-microfluidic-devices-market By Device Type, Chips Segment Is Anticipated To Witness the Fastest CAGR during the Forecast Period

2. According to the device type, the microfluidic device market is classified into sensors, chips, and others. The chip subdivision is likely to embrace the most leading percentage of the microfluidic devices industry in consequence of high prospect in wide-ranging applications, for instance, biomedical, life science, immunoassays, diagnostics & molecular testing, drug delivery, and many others. Then again, it is also estimated to stay prevailing in the market demonstrating a high CAGR in the course of the assessment period attributable to its quick response time, heightened sensitivity, cost-effectiveness, and smooth assimilation in devices. By Application, Pharmaceuticals and Life Science Research Segment Held a Prominent Share in Global Microfluidic Devices Market in 2018. On the basis of applications, the market is divided into diagnosis & treatment, pharmaceutical & life science research, and others. Pharmaceutical and life science subdivision grasp the foremost place amongst others because of augmented R&D programs in the field of usage of chips, sensors, microfluidic for numerous applications to carry immunoassays, discover drugs, high-throughput screening, cell analysis, microarray, and intensifying demand for devices for early & fast identification of ailments. North Americais Anticipated to Dominate the Global Microfluidic Devices Market during the Forecast Period The North American region leads the microfluidic devices market in the world, as a result of the rising elderly populace, growing healthcare consciousness, intensifying long-lasting and lifestyle ailments, and technological progress for numerous home use applications and more widespread insurance structure services boosting the evolution of microfluidic devices market. However, Asia-Pacific region is expected to register the highest CAGR for the duration of the assessment. Companies in the Asia-Pacific region are introducing new technically innovative products, which is boosting the microfluidic devices market. Global Microfluidic Devices market was highly fragmented among the number of local and global players. Prominent players operating in the Global Microfluidic Devices Market are: BioMérieux , BD, F. HOFFMANN-LA ROCHE AG, Elveflow, Thermo Fisher Scientific Inc., Inc., CEPHEID, RainDance Technologies, Inc., Fluidigm, BIO-RAD LABORATORIES, INC., Dolomite Microfluidics, Siemens, Johnson & Johnson Services, Inc., Perkinelmer Inc., Micronit Microtechnologies, Agilent Technologies, and Abbott Laboratories. Impact of COVID-19 on Economy, Industry and Company The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.

3. Areas at which Bizizz Market Research would help decision makers are: a) Insights on current demand & supply gap analysis b) Impact on value chain and supply chain and strategies adopted to off set its impact c) Impact on Industry / company revenue and predictive intelligence on forecast sales d) In-depth analysis on market segmentation – both value and volume analysis e) Market assessment, regional and country attractiveness, competitive benchmarking and entry strategy f) Prioritizing strategies and how it would impact company’s short to long-term business outlook About Bizizz Market Research: Bizizz Market Research (BMR) is a unique market research, consulting, and business solution organization that offers best strategic and tactical support to customers to enhance their business decision process. BMR team is full of impassioned & dedicated experts who thrives to give their very best to their clients and always ready to take any challenge. Our expanding team of professionals & experts from a wide array of streams and vertical has critical problem solving skills, innovative approaches and research techniques to deliver best solution to our clients. We continuously pushing our capabilities to enhance our services and setting higher quality goals each day. BMR offers syndicated reports, custom reports and consulting services to our clients. We are capable of catering the market research demands of individuals and organizations of various industries across different geographies with utmost data accuracy in minimal turnaround time. Contact Us: Bizizz Market Research 410 E Santa Clara Street, Unit #762 San Jose, CA 95113 Phone: +1 408-622-0123 Email : sales@bizizzmarketresearch.com Website: www.bizizzmarketresearch.com `