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(IT-NEWSWIRE.COM, September 26, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Microfluidic Chips market for 2018-2023. A microfluidic chip is a set of micro-channels etched or molded into a material (glass, silicon or polymer such as PDMS, for PolyDimethylSiloxane). The micro-channels forming the microfluidic chip are connected together in order to achieve the desired features (mix, pump, sort, control bio-chemical environment). Microfluidic Chips industry has much fragmented, manufacturers are mostly in the USA. Among them, USA Production value accounted for less than 36.81% of the total value of global Microfluidic Chips in 2016. Agilent is the world leading manufacturer in global Microfluidic Chips market with the market share of 3.77% in 2016. North America is the largest regional segment of the global microfluidics market, followed by Europe and Asia-Pacific. The large share of this region can be attributed to growing incidence rate of various infectious diseases, availability of insurance coverage for laboratory testing procedures, sufficient reimbursements for medical devices, and presence of well-structured distribution channels in the region. In addition, an increase in the demand for self-administration and home healthcare devices, and increasing applications of micropumps, and transdermal microneedles for chronic disease areas such as migraine, diabetes, cancer pain, and asthma have boosted the growth of this market. However, the Asia-Pacific region is the fastest-growing market owing to factors such as rising geriatric population, growing per capita income, increasing investments in the healthcare industry by key market players, rising demand for advanced technologies, and expansion of private-sector hospitals to rural areas in various countries. Over the next five years, this report projects that Microfluidic Chips will register a 12.4% CAGR in terms of revenue, reach US$ 5450 million by 2023, from US$ 2700 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Microfluidic Chips market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Polymers Ceramics Semi-conductors Segmentation by application: Pharmaceutical Diagnostic Drug Deliver This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Agilent Fluidigm Corporation Micralyne, Inc Becton Dickinson Danaher PerkinElmer Bio-Rad Laboratories Dolomite 908 Devices MicroLIQUID MicruX Technologies Micronit Fluigent In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Microfluidic Chips consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Microfluidic Chips market by identifying its various subsegments. Focuses on the key global Microfluidic Chips manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Microfluidic Chips with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Microfluidic Chips submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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NxtGen Reports
Madhuri Vetal
+918551022388
sales@nxtgenreports.com
Source: EmailWire.Com
Source: EmailWire.com
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