Microfluidics Prototype Market Size, Share & Trends Analysis Report By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2019 - 2025

Published: Jan, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global microfluidics prototype market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 20.54% over the forecast period.Introduction of advanced technologies, increasing demand for low volume sample analysis, and emergence of 3D printing technology are among the key factors likely to drive the market during the forecast period.

The microfluidics prototype market is anticipated to witness high growth in the forthcoming years due to increasing investment by key market players to expedite technological innovations in the developing industry. In July 2018, TechX Pioneer Program of the Oil and Gas Technology Center, awarded RAB Microfluidics with a 12-month fellowship platform including business development training, mentorship from business consultants, and funding aid. The grant was made for the development of a miniature lab-on-chip technology for rotating equipment offering predictive failure analysis and real-time condition monitoring.

The development of microfluidics devices involves a high operational cost due to functions, such as microfabrication. Moreover, most of the prototyping methods for microfluidics devices are not compatible with batch process. The scale-up of this method is a costly and complicated affair. This has led to an emphasis on the development of cheaper systems. For instance, in March 2018, researchers from the National University of Singapore (NUS) developed a microfluidic chip that can detect nano-bioparticles without the use of fluorescent labels providing disease diagnosis at a low cost.

Rising research and development activities are anticipated to bode well for market growth in Asia Pacific. For instance, in India, the Microfluidics and Biological Physics Group of Indian Institute of Technology Bombay uses microfluidics technology to build point-of-care diagnostic platforms. The team uses conventional microfluidic devices and different alternate substrates to design and develop affordable lab-on-chip platforms.

The global market for microfluidics prototype is startup-driven and is highly supported by government and private institutions. For instance, in October 2017, the National Institute of Health, USA, awarded Neofluidics with a Phase 1 Small Business Innovation Research (SBIR) grant of USD 175,000. The grant was allotted to develop a microfluidic device for drug screening and disease modeling studies using zebrafish embryos.

Further key findings from the report suggest:

• Introduction of advanced technologies, increasing demand for low volume sample analysis, and emergence of 3D printing technologyare expected to propel the market at a CAGR of 20.54% from 2018 to 2025

• North America held the largest market share in 2017 and is expected to maintain its dominance during the forecast period due to the presence of more than 170 service providers, abundant funding opportunities, and R&D investments

• Asia Pacific region is anticipated to spearhead the market in terms of growth rate over the forecast period. Presence of university research groups and spinoffs contribute significantly to the growth.

• Key contributors in microfluidics prototype market are microLIQUID; thinXXS Microtechnology; Potomac; uFluidix; Alveole; Micronics, Inc.; ALine, Inc.; and research groups from various universities.

 Table of Contents

Chapter 1 Research Methodology & Scope
                 1.1 Information Procurement
                 1.2 Data Analysis

Chapter 2 Executive Summary
                 2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
                 3.1 Market Segmentation & Scope
                     3.1.1 Market Driver Analysis
                         3.1.1.1 Emergence of 3D printing technology
                         3.1.1.2 Increasing demand for low volume sample analysis
                         3.1.1.3 Introduction of advanced technologies
                     3.1.2 Market Restraint Analysis
                         3.1.2.1 High operational cost
                         3.1.2.2 Interfacing and integration
                         3.1.2.3 Complex fabrication process
                 3.2 Penetration & Growth Prospect Mapping
                     3.2.1 Major University Spinoffs and Suppliers
                 3.3 Microfluidics Prototype Market - SWOT Analysis, By Factor (political & legal, economic and technological)
                 3.4 Industry Analysis - Porter's
                 3.5 Research Funding Analysis
                     3.5.1 U.S.
                     3.5.2 Europe
                     3.5.3 China
                 3.6 List of Companies Buying Microfluidics Chips
                 3.7 List of Multinational Companies Buying Microfluidic Chips

Chapter 4 Microfluidics Prototype Market: Regional Estimates & Trend Analysis
                 4.1 Microfluidics Prototype Market Share, by Region, 2017 & 2025
                 4.2 North America
                     4.2.1 North America Microfluidics Prototype Market, 2014 - 2025 (USD Million)
                     4.2.2 U.S.
                         4.2.2.1 List of companies active in microfluidics
                         4.2.2.2 U.S. microfluidics prototype market, 2014 - 2025 (USD Million)
                     4.2.3 Canada
                         4.2.3.1 Funding agencies
                         4.2.3.2 List of companies active in microfluidics
                         4.2.3.3 Canada microfluidics prototype market, 2014 - 2025 (USD Million)
                 4.3 Europe
                     4.3.1 Funding Agencies
                     4.3.2 List of Companies Active in Microfluidics
                     4.3.3 Europe Microfluidics Prototype Market, 2014 - 2025 (USD Million)
                     4.3.4 U.K.
                         4.3.4.1 List of companies active in microfluidics
                         4.3.4.2 U.K. microfluidics prototype market, 2014 - 2025 (USD Million)
                     4.3.5 Germany
                         4.3.5.1 Institutes active in microfluidics
                         4.3.5.2 List of companies active in microfluidics
                         4.3.5.3 Germany microfluidics prototype market, 2014 - 2025 (USD Million)
                 4.4 Asia Pacific
                     4.4.1 Institutes Active in Microfluidics
                     4.4.2 List of Companies Active in Microfluidics
                     4.4.3 Asia Pacific Microfluidics Prototype Market, 2014 - 2025 (USD Million)
                     4.4.4 China
                         4.4.4.1 Institutes active in microfluidics
                         4.4.4.2 List of companies active in microfluidics
                         4.4.4.3 Funding agencies/universities
                         4.4.4.4 China microfluidics prototype market, 2014 - 2025 (USD Million)
                     4.4.5 Japan
                         4.4.5.1 Institutes active in microfluidics
                         4.4.5.2 Japan microfluidics prototype market, 2014 - 2025 (USD Million)
                 4.5 Latin America
                     4.5.1 Latin America Microfluidics Prototype Market, 2014 - 2025 (USD Million)
                     4.5.2 Brazil
                         4.5.2.1 Institutes active in microfluidics
                         4.5.2.2 List of companies active in microfluidics
                         4.5.2.3 Brazil microfluidics prototype market, 2014 - 2025 (USD Million)
                     4.5.3 Mexico
                         4.5.3.1 Institutes active in microfluidics
                         4.5.3.2 Mexico microfluidics prototype market, 2014 - 2025 (USD Million)
                 4.6 MEA
                     4.6.1 List of Companies Active in Microfluidics
                     4.6.2 MEA Microfluidics Prototype Market, 2014 - 2025 (USD Million)
                     4.6.3 South Africa
                         4.6.3.1 List of companies active in microfluidics
                         4.6.3.2 South Africa microfluidics prototype market, 2014 - 2025 (USD Million)

Chapter 5 Competitive Landscape
                 5.1 Strategy Framework
                 5.2 Competitive Landscape
                 5.3 Company Profiles
                     5.3.1 microLIQUID
                         5.3.1.1 Company overview
                         5.3.1.2 Product benchmarking
                         5.3.1.3 Strategic initiatives
                     5.3.2 thinXXS Microtechnology
                         5.3.2.1 Company overview
                         5.3.2.2 Financial performance
                         5.3.2.3 Product benchmarking
                         5.3.2.4 Strategic initiatives
                     5.3.3 microLIQUID
                         5.3.3.1 Company overview
                         5.3.3.2 Product benchmarking
                         5.3.3.3 Strategic initiatives
                     5.3.4 uFluidix
                         5.3.4.1 Company overview
                         5.3.4.2 Product benchmarking
                         5.3.4.3 Strategic initiatives
                     5.3.5 Alveole
                         5.3.5.1 Company overview
                         5.3.5.2 Product benchmarking
                         5.3.5.3 Strategic initiatives
                     5.3.6 Micronics, Inc.
                         5.3.6.1 Company overview
                         5.3.6.2 Product benchmarking
                         5.3.6.3 Strategic initiatives
                     5.3.7 Aline, Inc.
                         5.3.7.1 Company overview
                         5.3.7.2 Product benchmarking
                         5.3.7.3 Strategic initiatives

List of Tables

TABLE 1 North America microfluidics prototype market estimates and forecasts, by country, 2014 - 2025 (USD Million)
TABLE 2 Europe microfluidics prototype market estimates and forecasts, by country, 2014 - 2025 (USD Million)
TABLE 3 Asia Pacific microfluidics prototype market estimates and forecasts, by country, 2014 - 2025 (USD Million)
TABLE 4 Latin America microfluidics prototype market estimates and forecasts, by country, 2014 - 2025 (USD Million)
TABLE 5 MEA microfluidics prototype market estimates and forecasts, by country, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value-Chain based sizing & forecasting
FIG. 6 QFD Modeling For Market Share Assessment
FIG. 7 Market summary
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Regional market place: Key takeaways
FIG. 16 Regional outlook, 2017 & 2025
FIG. 17 North America microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 18 U.S. microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 19 Canada microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 20 Europe microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 21 U.K. microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 22 Germany microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 23 Asia Pacific microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 24 China microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 25 Japan microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 26 Latin America microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 27 Brazil microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 28 Mexico microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 29 MEA microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 30 South Africa microfluidics prototype market, 2014 - 2025 (USD Million)
FIG. 31 Strategy framework