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Microfluidics Market Worth $3.5 Billion by 2018
Date:1/8/2014

s at or near the site of patient care in hospitals or at home, low consumption of samples and reagents, miniaturization of devices, and faster time of analysis are driving the growth of the POC diagnostics market.

North America accounts for the largest share of the global microfluidics market in 2013. However, the Asian region is expected to grow at a higher CAGR in the forecast period. A number of factors such as lower labor and raw material costs, and growth in investments due to favorable economic conditions (especially in China and India) are responsible for the high growth of the microfluidics market in Asia.

Major players in the microfluidics market include Abbott Laboratories (U.S.), Agilent Technologies (U.S.), Caliper Life Sciences (PerkinElmer) (U.S.), Cepheid (U.S.), Danaher Corporation (U.S.), Life Technologies Corporation (U.S.), and Roche Diagnostics (Germany). A majority of companies in the microfluidics market are from the U.S.

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