Global Microfluidics Market – Industry Trends and Forecast to 2025
Global Microfluidics Market, By Components (Microfluidic Chips, Micropumps, Microneedles, Others), By (Polymer, Glass, Silicon, Other), By Sector (Industrial, Healthcare), By End User (Hospitals, Industrial R&D, Research Laboratories and Academia), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
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Global Microfluidics Market is expected to reach USD 23,439.5 million by 2025 from USD 5,988.2 million in 2017, at a CAGR of 18.7% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The major factors contributing to the growth of the market includes increased demand of POC testing, wide range of applications in different sectors, benefits associated with incorporation of microfluidics and high return on investments are some of the key driving factors in the global microfluidics market.
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