Microfluidics Prototype Market Size, Share & Trends Report

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 Date: Jan, 2019
  • Base Year for Estimate: 2017
  • Report ID: GVR-2-68038-688-2
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 80

Industry Insights

The global microfluidics prototype market size was valued at USD 425.7 million in 2017 and is anticipated to expand at a CAGR of 20.54% over the forecast period. It is majorly driven by research, development tools and viable commercial technologies. Introduction of advanced technologies, increasing demand for low volume sample analysis, and the emergence of 3D printing technology are expected to drive the market.

For instance, in July 2018, researchers from Paracelsus the Medical University and McMaster University developed ‘artificial placenta’, a microfluidic device consisting of microchannels that interchange oxygen between blood and external air in newborns and is connected to the umbilical cord. The researchers designed a double-sided single oxygenator unit to develop a prototype with a gas exchange membrane along with a microchannel network layered with stainless steel reinforced Polydimethylsiloxane (PDMS) polymer.

North America microfluidics prototype market

The microfluidics field is majorly dominated by startups along with a few multinationals. Research groups from various universities play a major role in the technological exploration and have established spin-offs to form their own startup companies. 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 and quantification of viruses, proteins, DNA, and extracellular vesicles (exosomes) at low cost.

Furthermore, manufacturers provide prototyping services along with its mass scale production to provide customized solutions to clients. For instance, Zeon Corporation offers services for prototyping of plastic microfluidic chips that integrate properties of ZEONEX and ZEONOR—two transparent thermoplastic cyclo-olefin polymers.

Regional Insights

North America led the microfluidics prototype market in 2017 with U.S. holding the highest market share. This dominance can be attributed to high research capital, introduction of improved sample volume screening techniques, and availability of high funding. More than 170 prototyping providers are based in U.S. whereas, in Europe there are around 90 companies. In July 2016, New Jersey Institute of Technology received a research grant of USD 1 million from the W.M. Keck Foundation to develop a microfluidic device. The 3-year project was to develop new fabrication materials such as topological phononic crystals, which have wide a range of applications.

The Europe market for microfluidics prototyping is expected to exhibit a rapid CAGR over the forecast period and U.K plays a key role due to the increasing technological innovations. For instance, in March 2016, Dolomite developed the first-ever 3D printer for microfluidic devices called Fluidic Factory. The device is anticipated to help perform rapid prototyping of fluidically-sealed devices at low cost.

Global microfluidics prototype market

Asia Pacific (APAC) is the fastest growing market owing to the developing economy, advancing research infrastructure, and availability of low-cost labor. International players are trying to penetrate untapped markets by introducing their products in APAC.In February 2016, Samsung Electronics introduced a wearable lab-on-chip device as a data monitoring and processing device for laboratory test biomarkers. The bioprocessor chip is an integrated device that performs all-in-one tests.

Microfluidics in Latin America is still in an emerging phase and thus has huge potential. In July 2011, the first microfluidics lab was set in Chile. The research was supported by the Science for Life Foundation, which provided the platform for the research. Low-cost substrates and microfabrication are some of the enabling features of microfluidics in Latin America. In a study published in July 2016 in Brazil, rapid and low-cost fabrication of PDMS electrophoresis microchips was performed using Polyvinyl Acetate (PVAc) emulsion. The resulting fabrication method offered reproducibility for prototyping of microchips with a potential to be implemented in any laboratory condition.

Microfluidics Prototype Market Share Insights

microLIQUID; thinXXS Microtechnology; Dolomite; Potomac; uFluidix; Alvéole; Micronics, Inc.; and ALine, Inc. are some of the key market contributors. uFluidix manufactures and provides prototyping services of microfluidics devices and provides grants for innovative technologies and startups in the early prototype development stage. It has incorporated a community termed as the Microfluidic Circle, which encourages innovations and technological advancements in the field. In May 2018, the company granted USD 50,000 worth of design and fabrication services to uFraction8 Ltd., a manufacturer of microfluidic-based filtration systems, as a winning prize in the annual Microfluidic Circle competition.

Some manufacturers are forming alliances to deliver higher quality solutions to clients. For instance, in July 2017, Aline, Inc. announced a strategic partnership with Triple Ring Technologies (TRT) to provide diagnostic solutions in cases where microfluidic consumables are supported with instrument automation.

Report Scope

Attribute

Details

Base year for estimation

2017

Actual estimates/Historical data

2014 - 2017

Forecast period

2018 - 2025

Market representation

Revenue in USD Million and CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Country scope

U.S., Canada, U.K., Germany, Japan, China, Brazil, Mexico, South Africa

Report coverage

Revenue forecast, funding analysis, list of multinationals and startups, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global microfluidics prototype market report on the basis of region:

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $4,950
Multi User (2-5) - $5,950
Enterprise Access - $7,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified