Global Microfluidics Market Size & Outlook, 2023-2030
Global microfluidics market, 2018-2030 (US$M)
Related Markets
Global microfluidics market highlights
- The global microfluidics market generated a revenue of USD 32,149.0 million in 2023 and is expected to reach USD 71,897.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.2% by 2030.
- In terms of segment, medical accounted for a revenue of USD 27,019.5 million in 2023.
- Medical is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 32,149.0 million |
| Market revenue in 2030 | USD 71,897.7 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Medical |
| Fastest growing segment | Medical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical, Non-Medical |
Other key industry trends
- In terms of revenue, the North America accounted for 42.7% of the global microfluidics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Thailand is the fastest growing regional market and is projected to reach USD 241.4 million by 2030.
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Microfluidics Market Scope
Microfluidics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microfluidics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microfluidics market will help companies and investors design strategic landscapes.
Medical was the largest segment with a revenue share of 84.04% in 2023. Horizon Databook has segmented the Global microfluidics market based on medical, non-medical covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microfluidics Technology Outlook (Revenue, USD Million, 2018-2030)
- Medical
- PCR
- Gel Electrophoresis
- Microarrays
- ELISA
- Others
- Non-Medical
- Medical
- Global Microfluidics Material Outlook (Revenue, USD Million, 2018-2030)
- Silicon
- Glass
- Polymer
- PDMS
- Others
- Global Microfluidics Application Outlook (Revenue, USD Million, 2018-2030)
- Lab-on-a-chip
- Medical
- Non-Medical
- Organs-on-chips
- Medical
- Non-Medical
- Continuous flow microfluidics
- Medical
- Non-Medical
- Optofluidics and microfluidics
- Medical
- Non-Medical
- Acoustofluidics and microfluidics
- Medical
- Non-Medical
- Electrophoresis and microfluidics
- Medical
- Non-Medical
- Lab-on-a-chip
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Target buyers of Global microfluidics market databook
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Our clientele includes a mix of microfluidics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global microfluidics market , including forecasts for subscribers. This global databook contains high-level insights into Global microfluidics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microfluidics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Microfluidics market size, 2023 (US$M)
Global microfluidics market share, by technology, 2023 & 2030 (%, US$M)
Microfluidics market: Opportunity assessment by country
Global microfluidics market, by region, 2023 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,239.1 | 5,848.0 | 7,786.9 | 10,175.1 | 12,336.4 | 13,723.2 | 15,238.9 | 16,907.3 | 18,711.5 | 20,696.1 | 22,847.1 | 25,226.6 | 27,852.9 | 10.6% |
| Europe | 3,598.3 | 4,027.5 | 5,381.6 | 7,062.8 | 8,606.8 | 9,626.3 | 10,762.8 | 12,023.1 | 13,411.4 | 14,940.6 | 16,615.7 | 18,469.3 | 20,548.1 | 11.4% |
| Asia Pacific | 2,314.0 | 2,587.8 | 3,464.7 | 4,573.7 | 5,627.2 | 6,391.5 | 7,302.0 | 8,380.5 | 9,702.5 | 11,280.8 | 13,205.2 | 15,481.1 | 18,147.5 | 16.1% |
| Latin America | 507.7 | 572.0 | 768.1 | 1,013.2 | 1,239.8 | 1,393.3 | 1,565.1 | 1,758.5 | 1,975.4 | 2,219.5 | 2,494.2 | 2,799.9 | 3,147.9 | 12.4% |
| MEA | 379.4 | 425.1 | 568.4 | 746.2 | 908.1 | 1,014.7 | 1,133.2 | 1,265.6 | 1,412.8 | 1,577.2 | 1,761.6 | 1,969.0 | 2,201.3 | 11.7% |
| Overall | 12,038.5 | 13,460.4 | 17,969.7 | 23,571.0 | 28,718.3 | 32,149.0 | 36,002.0 | 40,335.0 | 45,213.6 | 50,714.2 | 56,923.8 | 63,945.9 | 71,897.7 | 12.2% |
Related regional statistics
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