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Global Microfluidics Market to Reach US$34.6 Billion by 2032 Driven by Rapid Adoption of Point-of-Care Diagnostics

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The global Microfluidics market is poised for significant growth over the coming years, supported by increasing adoption of miniaturized diagnostic systems, expanding life science research activities, and growing demand for advanced healthcare technologies. According to the latest market analysis from Industry Experts, Inc., the market is projected to grow from US$12.1 billion in 2025 to US$34.6 billion by 2032, registering a CAGR of 16.2%. Microfluidics technology enables precise handling of minute fluid volumes within compact devices, making it a critical component in modern diagnostics, pharmaceutical research, and laboratory automation. The technology continues to gain momentum due to its ability to improve testing accuracy, reduce reagent consumption, and accelerate analytical workflows. Among applications, Point-of-Care Diagnostics represents the largest and fastest-growing segment, reflecting increasing demand for rapid and decentralized testing solutions. Life S...

Microfluidics Technology based Point-of-Care (PoC) Diagnostic Devices Propel the Global Demand for Microfluidics while Hospitals being the Largest End-User - Market Report (2017-2023) by Industry Experts, Inc

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Industry Experts, Inc. published the new global market research report " Microfluidics – A Global Market Overview ". As per the new report, the global market for microfluidics is forecast to touch US$4.2 billion in 2018 with Hospitals estimated the largest end-use sector with US$1.8 billion in the same year. Microfluidics can be described as the manipulation and analysis of minute volumes of fluid and has evolved over the past three decades into a powerful technology with a number of established and relevant applications within the biological sciences. The research and development conducted over the years in this unique technology has yielded an abundance of techniques that enhance biological assays through the miniaturization of existing methods, in addition to developing innovative analytical approaches. Growing demand for microfluidics technology based point of care devices and kits is the key factor propelling overall growth of microfluidics. Devices for PoC diagno...