Microfluidic for Healthcare Market By Product Type, By Application, By Region Analysis & Forecast 2018-2023

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The global microfluidic healthcare industry market is anticipated to rise at a higher CAGR in the forthcoming period. The report includes Microfluidic for Healthcare Market By Product Type, By Application, By Region Analysis & Forecast 2018-2023.

The global microfluidic healthcare industry market is anticipated to rise at a higher CAGR in the forthcoming period. Molecular biology is currently under evolutionary phase and enables efficient analyses for various domain such as infectious disease and food management. Inception of microfluidics coupled with nanotechnologies have vented new capabilities and equipment size for point-of-care diagnostics.
Microfluidics enable certain advantages such as competence to process low volumes of samples with cheap reagents. For medical domain, microfluids serve specific yet diverse purposes. For instance, microfluids are used for pathogen sensing since the traditional methods tend to be time consuming, under normal conditions ranging between 24-72 hrs. For pathogenic purpose, microfluidic biochips have come up as fast, sensitive and serve as effective diagnostic tool. Therefore, microfluids have qualified for POC technologies comprising the applications and resulting into miniaturisation and combination of composite functions. Advantages offered by use of microfluids include ruggedness, low cost and ability to generate precise results well suited to clinical settings.

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In The News:
As per the recent news, a new MIT designed open source website named metafluidics.org is a new repository of biolab chips. The site also serves as a social platform for microfluidics community in a way such that any user can log into access or submit a design and comment in particular.

Market Drivers and Restraints:
Microfluidic healthcare industry market is driven by factors such as rise in investments, lowered costs and high profit margins. In addition, rise in novel techniques adopted by manufacturers is likely to propel the market growth in the near future. Rising adoption of microfluidic technologies and government policies that support the market growth is likely to account for a higher share in the near future. Subsequently, rise in application of microfluidic technology for personalized medicine, liquid biopsies and rapid expansion of microfluids in drug delivery systems such as inhalers and pumps is likely to drive the market growth in the near future. Increase in adoption of point care diagnostics and emerging applications in medical domain is likely to fuel the market growth in the forecast period.

Product Segmentation for microfluidic healthcare industry market include,
• Microfluidic Chip
• Instruments
• Reagents
• Cartridges

Geographical segmentation for microfluidic healthcare industry market include,
• North America
• Europe
• SouthEast Asia
• Japan
• China
• India

The prominent players in the microfluidic healthcare industry market include,
• Danaher Corporation,
• Agilent Technologies, Inc.,
• PerkinElmer, Inc.,
• Bio-Rad Laboratories, Inc,
• Thermo Fisher Scientific, Inc,
• RainDance Technologies, Inc.,
• F. Hoffmann La-Roche Ltd.

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You will find following details in this report:
In the Global Microfluidic for Healthcare Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

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