09.04.2018 Views

QYResearch: The global market for Microfluidic Chips is expected to reach about 4827.27 M USD by 2022

http://www.qyresearchglobal.com/goods-675951.html According to QYResearch, The global Microfluidic Chips production market is expected to reach 4.83 Billion USD by 2022 from 2.70 Billion USD in 2017, growing at a CAGR of 12.34% from 2017 to 2022.

http://www.qyresearchglobal.com/goods-675951.html According to QYResearch, The global Microfluidic Chips production market is expected to reach 4.83 Billion USD by 2022 from 2.70 Billion USD in 2017, growing at a CAGR of 12.34% from 2017 to 2022.

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<strong>QYResearch</strong>: <strong>The</strong> <strong>global</strong> <strong>market</strong><br />

<strong>for</strong> <strong>Microfluidic</strong> <strong>Chips</strong> <strong>is</strong><br />

<strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>about</strong><br />

<strong>4827.27</strong> M <strong>USD</strong> <strong>by</strong> <strong>2022</strong><br />

Cus<strong>to</strong>m Research|Research Report|Management Consulting|Seminar|Database<br />

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Beijing Hengzhou Bozhi International In<strong>for</strong>mation<br />

Consulting<br />

Contact<br />

Web: qyresearch<strong>global</strong>.com | qyresearcheurope.com |<br />

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<strong>QYResearch</strong><br />

A microfluidic chip <strong>is</strong> a set of micro-channels etched or molded<br />

in<strong>to</strong> a material (glass, silicon or polymer such as PDMS, <strong>for</strong><br />

PolyDimethylSiloxane).<br />

<strong>The</strong> micro-channels <strong>for</strong>ming the microfluidic chip are connected<br />

<strong>to</strong>gether in order <strong>to</strong> achieve the desired features (mix, pump, sort,<br />

control bio-chemical environment).<br />

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<strong>QYResearch</strong><br />

<strong>Microfluidic</strong> <strong>Chips</strong> industry has much fragmented, manufacturers are mostly in the USA.<br />

Among them, USA Production value accounted <strong>for</strong> less than 36.81% of the <strong>to</strong>tal value<br />

of <strong>global</strong> <strong>Microfluidic</strong> <strong>Chips</strong> in 2016. Agilent <strong>is</strong> the world leading manufacturer in <strong>global</strong><br />

<strong>Microfluidic</strong> <strong>Chips</strong> <strong>market</strong> with the <strong>market</strong> share of 3.77% in 2016.<br />

Compared <strong>to</strong> 2015, <strong>Microfluidic</strong> <strong>Chips</strong> <strong>market</strong> managed <strong>to</strong> increase sales <strong>by</strong> 17.60% <strong>to</strong><br />

2.29 Billion <strong>USD</strong> worldwide in 2016.<br />

According <strong>to</strong> <strong>QYResearch</strong>, <strong>The</strong> <strong>global</strong> <strong>Microfluidic</strong> <strong>Chips</strong> production <strong>market</strong> <strong>is</strong> <strong>expected</strong><br />

<strong>to</strong> <strong>reach</strong> 4.83 Billion <strong>USD</strong> <strong>by</strong> <strong>2022</strong> from 2.70 Billion <strong>USD</strong> in 2017, growing at a CAGR of<br />

12.34% from 2017 <strong>to</strong> <strong>2022</strong>. And USA <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> become the biggest<br />

Consumption <strong>market</strong> with 1.86 Billion <strong>USD</strong> of revenue in <strong>2022</strong>.<br />

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<strong>QYResearch</strong><br />

North America <strong>is</strong> the largest regional segment of the <strong>global</strong> microfluidics <strong>market</strong>,<br />

followed <strong>by</strong> Europe and Asia-Pacific. <strong>The</strong> large share of th<strong>is</strong> region can be attributed<br />

<strong>to</strong> growing incidence rate of various infectious d<strong>is</strong>eases, availability of insurance<br />

coverage <strong>for</strong> labora<strong>to</strong>ry testing procedures, sufficient reimbursements <strong>for</strong> medical<br />

devices, and presence of well-structured d<strong>is</strong>tribution channels in the region. In<br />

addition, an increase in the demand <strong>for</strong> self-admin<strong>is</strong>tration and home healthcare<br />

devices, and increasing applications of micropumps, and transdermal microneedles <strong>for</strong><br />

chronic d<strong>is</strong>ease areas such as migraine, diabetes, cancer pain, and asthma have boosted<br />

the growth of th<strong>is</strong> <strong>market</strong>. However, the Asia-Pacific region <strong>is</strong> the fastest-growing<br />

<strong>market</strong> owing <strong>to</strong> fac<strong>to</strong>rs such as r<strong>is</strong>ing geriatric population, growing per capita income,<br />

increasing investments in the healthcare industry <strong>by</strong> key <strong>market</strong> players, r<strong>is</strong>ing demand<br />

<strong>for</strong> advanced technologies, and expansion of private-sec<strong>to</strong>r hospitals <strong>to</strong> rural areas in<br />

various countries.<br />

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<strong>QYResearch</strong><br />

In the past few years, as the main raw material<br />

price was reduced, with the increasing in production<br />

capacity, <strong>expected</strong> that the <strong>Microfluidic</strong> <strong>Chips</strong> raw<br />

material price will be stable in the future. However,<br />

the improvement of energy, transportation costs,<br />

and labor costs, will play a significant role in<br />

promoting the cost of <strong>Microfluidic</strong> <strong>Chips</strong>.<br />

<strong>The</strong>re are companies adding new capacities and aims<br />

at the cost and quality leadership which shall<br />

improve profitability. As the same time, companies<br />

are focusing on technological innovation, equipment<br />

upgrades, and process improvements, <strong>to</strong> reduce<br />

costs and improve quality.<br />

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<strong>QYResearch</strong><br />

<strong>The</strong> average price of <strong>Microfluidic</strong> <strong>Chips</strong><br />

will fall further. <strong>The</strong> product average<br />

price declined in the past few years due<br />

<strong>to</strong> the technology development.<br />

More Detail: http://www.qyresearch<strong>global</strong>.com/goods-675951.html<br />

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