Microfluidics Market mergers, and market footprint.
The global microfluidics market report has been segmented on the basis of material types, application, and region.Microfluidics is a study of devices which analyze tiny amount of liquid. Microfluidics is used in biological sciences because with help of microfluidics more precise and controlled experiments can be conducted at lower cost and faster pace.
Technological advancements in medical devices such as miniaturization, automation and enhanced functionality with help of complex electrical control, mechanical properties are major factors driving growth of the global microfluidics market. I
Microfluidics provide various benefits as compared to traditional instruments such as use of miniscule amounts of samples and reagents in lab, high resolution and sensitivity in detection and separation of molecules, shorter analysis times and faster results, which are other factors expected to boost growth of the global microfluidics market.
Recent trend observed in microfluidics market is use of 3D-printed microfluidic devices in biological applications with ability to make complex structure with high resolution, which is expected to create new opportunities for market players operating in the global market.
North America market is expected to dominate in the global microfluidics market with higher market share when compared to other regional markets, and is expected to continue its dominance during the forecast period.
The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increasing government expenditure on healthcare sector, increasing R&D activities in emerging economies in this region.
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