Emergen research

https://www.emergenresearch.com/industry-report/microfluidics-marketMicrofluidicsMicrofluidics MarketMarket Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2027

Owing to the emergence of new technologies such as digital Microfluidics, demand for microfluidic-based instruments is projected to grow. Microfluidics Market Size – USD 13.10 billion in 2019, Microfluidics Market Growth - CAGR of 10.6%, Microfluidics Industry trends – High demand from developing nations.

The global microfluidics market size was valued at USD 13.10 Billion in 2019 and is anticipated to reach USD 29.43 Billion by 2027 at a CAGR of 10.6%. Increasing competition for point-of-care devices (POCs) is projected to push the industry dramatically. The application of Microfluidics has made it possible to shift conventional laboratory procedures to the lab-on-a-chip. Microfluidics provides a good return on investment and aims to reduce mistakes in cost management. Microfluidics has been used extensively in the manufacturing of a wide variety of consumer products.

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