Global Market Size of Microfluidics Market – 10 Year Market Forecast

Healthcare

Microfluidics Market Size Forecast 2022-2029

Microfluidics is estimated to have a market value of USD 53.17 Billion in the year 2022 and is projected to rise to USD 135.82 Billion by the year 2029, giving a CAGR of 14%. Growing demand and adoption of PoC diagnostic devices could drive the microfluidics market towards growth. However, complex and time-consuming regulatory approval process could hamper the growth of this market.

Frequently Asked Questions(FAQ)

• What is a driver in this market?

• Rising demand for point of care testing is a major driver of this market.
• What is a restraint in this market?

• Complex and time consuming regulatory approval process is a restraint for this market.
• What is an opportunity for this market?

• Emergence of microfluidic based 3D cell culture systems could be an opportunity for this market.
• What is a challenge for this market?

• Standardization/commercialization of microfluidic devices could be a challenge for this market.
• What is Global Market Database?

• Global market database is a cloud based market research tool that is a key secondary research source which provides information across the Microfluidic market in addition to other industry verticals.

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