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Good Growth Opportunities in Microfluidic Device System Market Till 2020

01-05-2017 02:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SMR

Good Growth Opportunities in Microfluidic Device System Market

Microfluidics device system deals with the several systematic applications areas including medicine, cell biology research and protein crystallization. It is a developing scientific field having significant commercial potential. Microfluidic device system helps to reduce side effects and improve the efficacy of medical treatments. Scientifically, microfluidic study involves study of the behavior of fluids in micro-channels and technically, it deals with the manufacturing of microfluidics devices for applications. Microfluidic device system has many applications in other areas such as inkjet printers, blood-cell-separation equipment, biochemical assays, chemical synthesis, genetic analysis, drug screening, electrochromatography, surface micromachining, laser ablation and mechanical micromilling.

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Increasing demand of microfluidic device system from point of care testing and pharmaceutical industry are the major factors driving the microfluidic device system market. Rising demand of microfluidic device system in genomics and proteomics strongly associated with the growth of microfluidic device system market. However, harsh regulatory requirements may hamper the growth of this market.

The report includes detailed competitive landscape of the global microfluidic device system market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the microfluidic device system market based on material, industry, application and region. Glass, polymer and silicon are the material segments of microfluidic device system market. These materials are used in manufacturing of microfluidic devices.

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On the basis of industry segment microfluidic device system market can be segmented into three major industries include in-vitro diagnostics, pharmaceuticals and medical devices. Due to increased demand from in-vitro diagnostics industry, it is the largest industry segment of microfluidic device system market.

Point of care testing, pharmaceutical and life science research, drug delivery, analytical devices, clinical and veterinary diagnostics, environment and industrial are the key applications involved in the microfluidic device system market. The microfluidic device system is widely used in clinical and veterinary diagnostics application. Therefore clinical and veterinary diagnostics applications segment was the leading segment of global microfluidic device system market in 2014.

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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This report also provides further bifurcation of region on the country level. Major countries analyzed in this reports are U.S., Germany, France, UK, China, Japan, India, and Brazil. Microfluidic device system market was dominated by North America. Asia Pacific region is expected to exhibit the rapid growth of this market in coming years.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Laboratories, Roche Diagnostics, Becton Dickinson and Company, Agilent Technologies, Bio-Rad Laboratories, Siemens Healthcare, Fluidigm Corporation, and Johnson & Johnson.

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The report segments the global microfluidic device system market into:

Global Microfluidic Device System Market: Material Segment Analysis

Glass
Polymer
Silicon
Global Microfluidic Device System Market: Industry Segment Analysis

In-vitro diagnostics
Pharmaceuticals
Medical Devices
Global Microfluidic Device System Market: Application Segment Analysis

Point of care testing
Pharmaceutical and life science research
Drug delivery
Analytical devices
Clinical and veterinary diagnostics
Environment and Industrial
Global Microfluidic Device System Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

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