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Pulished Date April, 2021
ID: 11438
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APAC Microfluidics Market Analysis Report – Segmented By Product, Industry, Material, Application, and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Forecast (2021 to 2026)

Pulished: April, 2021
ID: 11438
Pages: 100

APAC Microfluidics Market Size (2021 to 2026)

As per our analysis report, the size of the Asia-Pacific microfluidics market is forecasted to be growing at a CAGR of 20.12% between 2021 to 2026.

The Microfluidics market in the APAC region has been majorly driven by growing demand for point of care, rising focus on data precision & accuracy, and increasing research and development activities. Also, a rise in the need for low volume sample analysis and evolving 3D technology is expected to drive the Microfluidics market during the forecast period. The rising adoption of technological advancements in emerging countries and viable commercial technologies are projected to increase the market growth. The development of microfluidics-based technologies such as organ-on-chip and growing applications of drug delivery applications are likely to encourage market growth. However, boosting investment and funding by private and government organizations encourages market growth. Regional markets such as China and India provide significant growth opportunities for the market players, which most likely to expand the market growth.

Other factors such as Point-of-testing and innovations in microfluidics products are significant factors for promoting a large share to the regional microfluidics market. Government favorable reimbursement programs and initiatives are enhancing the better market growth in the Asian countries. The Microfluidics technologies such as sample infection in mass spectrometry, immunoassays, flow cytometry capillary electrophoresis, and PCR Amplification are being used. On the other hand, the proliferation of chronic diseases, the growing geriatric population, and increasing per capita are propelling the adoption of microfluidics in diagnosis, which is expected to improve the market growth. 

The microfluidics market growth is restricted by the factors such as complex and time-consuming regulatory standards and lack of awareness about microfluidics. The primary concern for market growth is that installing microfluidics technology into existing systems requires high investment, which is an extra burden to healthcare professionals. Lower adoption of these products in emerging countries is restricting the microfluidics market.

Impact of COVID-19 on APAC microfluidics market:

In the first quarter of 2020, the introduction of COVID-19 had an impact on the healthcare industry. Companies in the manufacturing and automotive sectors expanded their production capacity to provide pressure sensors for respirators and temperature sensors for thermometers during the pandemic. Companies are also developing sensors for wearable devices and other devices for remote patient monitoring in response to telemedicine's growing demand in the APAC region. The need for COVID-19 tests, on the other hand, prompted diagnostic companies to repurpose existing systems to detect the novel coronavirus and its associated antibodies. However, several microfluidic technologies have enabled their rapid point-of-care tests or high-throughput solutions for central labs during the past six months. The market demand has been increased due to the rising demand for these tests, contributing to the most significant market revenue. However, the market is anticipated to perform well during the forecast period.

This market research report on the APAC microfluidics market has been segmented and sub-segmented following categories.

By Product:

  • Microfluidic devices
  • Microfluidic components

By Industry:

  • In-vitro diagnostics
  • Pharmaceutical
  • Medical devices
  • Others

By Material:

  • Polymer
  • Glass
  • Silicon
  • Others

By Application:

  • Lab-on-a-chip
  • Organs-on-chips
  • Continuous flow
  • Optofluidics
  • Acoustofluidics
  • Electrophoresis

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the Asia Pacific is one of the fastest-growing regions in the global microfluidics market due to the rising demand for the PoC and the prevalence of chronic diseases. The APAC regional market growth is contributed by the countries such as China and India. 

China recorded the dominant market share in the APAC microfluidics market in 2020. The rising demand for high-quality research tools for data productivity and increasing focus of stakeholders on reports on research projects involving proteins, genes, and associated biomolecules create the market. moreover, the market is experiencing growth owing to the adoption of microfluidic technologies such as mass spectrometry 

The Indian market is expected to be the most lucrative regional market in the APAC market during the forecast period. The factors such as the rising geriatric population in the region, increasing competition for point of care, and government initiatives encourage market growth. 

KEY MARKET PLAYERS:

Some of the noteworthy companies operating in the APAC microfluidics market profiled in this report are Parker-Hannifin Corporation, SMC Corporation, Idex Corporation, Fluigent SA, Dolomite Microfluidics, Aignep S.P.A., Camozzi Automation Spa Società Unipersonale, Elveflow, Cellix Ltd., Fortive Corporation, Danaher Corporation, Thermo Fisher Scientific Inc., Perkinelmer, Inc., Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson And Company, Illumina, Inc., F. Hoffmann-La Roche Ltd., Fluidigm Corporation and Abbott Laboratories.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Product
      1. Microfluidic devices
      2. Microfluidic components
      3. Y-o-Y Growth Analysis, By Product
      4. Market Attractiveness Analysis, By Product
      5. Market Share Analysis, By Product
    2. By Industry
      1. In-vitro diagnostics
      2. Pharmaceutical
      3. Medical devices
      4. Others
      5. Y-o-Y Growth Analysis, By Industry
      6. Market Attractiveness Analysis, By Industry
      7. Market Share Analysis, By Industry
    3. By Material
      1. Polymer
      2. Glass
      3. Silicon
      4. Others
      5. Y-o-Y Growth Analysis, By Material
      6. Market Attractiveness Analysis, By Material
      7. Market Share Analysis, By Material
    4. By Application
      1. Lab-on-a-chip
      2. Organs-on-chips
      3. Continuous flow
      4. Optofluidics
      5. Acoustofluidics
      6. Electrophoresis
      7. Y-o-Y Growth Analysis, By Application
      8. Market Attractiveness Analysis, By Application
      9. Market Share Analysis, By Application
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Product
        3. By Industry
        4. By Material
        5. By Application
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Product
        3. By Industry
        4. By Material
        5. By Application
      5.      Market Share Analysis   
        1. By Geographical Area
        2. By Product
        3. By Industry
        4. By Material
        5. By Application
    2. Asia-Pacific
      1. Introduction
      2. India
      3. China
      4. Japan
      5. South Korea
      6. Australia
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Parker-Hannifin Corporation
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. SMC Corporation
    3. IDEX Corporation
    4. FLUIGENT SA
    5. Dolomite Microfluidics
    6. AIGNEP S.P.A.
    7. Camozzi Automation Spa Società Unipersonale
    8. Elveflow
    9. Cellix Ltd.
    10. Fortive Corporation
    11. Danaher Corporation
    12. Thermo Fisher Scientific Inc.
    13. Perkinelmer, Inc.
    14. Agilent Technologies, Inc.
    15. Bio-Rad Laboratories, Inc.
    16. Becton, Dickinson And Company
    17. Illumina, Inc.
    18. F. Hoffmann-La Roche Ltd.
    19. Fluidigm Corporation
    20. Abbott Laboratories
  9. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of Product, Industry, Material and Application along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market, which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Asia Pacific Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  2. Asia Pacific Microfluidic devices Market, By Region, From 2021 to 2026 (USD Million)
  3. Asia Pacific Microfluidic components Market, By Region, From 2021 to 2026 (USD Million)
  4. Asia Pacific Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  5. Asia Pacific In-vitro Diagnostics Market, By Region, From 2021 to 2026 (USD Million)
  6. Asia Pacific Pharmaceutical Market, By Region, From 2021 to 2026 (USD Million)
  7. Asia Pacific Medical devices Market, By Region, From 2021 to 2026 (USD Million)
  8. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Million)
  9. Asia Pacific Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  10. Asia Pacific Polymer Market, By Region, From 2021 to 2026 (USD Million)
  11. Asia Pacific Glass Market, By Region, From 2021 to 2026 (USD Million)
  12. Asia Pacific Silicon Market, By Region, From 2021 to 2026 (USD Million)
  13. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Million)
  14. Asia Pacific Microfluidics Market, By Application, From 2021 to 2026 (USD Million)
  15. Asia Pacific Lab-on-a-chip Market, By Region, From 2021 to 2026 (USD Million)
  16. Asia Pacific Organs-on-chips Market, By Region, From 2021 to 2026 (USD Million)
  17. Asia Pacific Continuous flow Market, By Region, From 2021 to 2026 (USD Million)
  18. Asia Pacific Optofluidics Market, By Region, From 2021 to 2026 (USD Million)
  19. Asia Pacific Acoustofluidics Market, By Region, From 2021 to 2026 (USD Million)
  20. Asia Pacific Electrophoresis Market, By Region, From 2021 to 2026 (USD Million)
  21. Japan Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  22. Japan Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  23. Japan Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  24. Japan Microfluidics Market, By Application, From 2021 to 2026 (USD Million)
  25. China Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  26. China Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  27. China Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  28. China Microfluidics Market, By Application, From 2021 to 2026 (USD Million)
  29. India Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  30. India Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  31. India Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  32. India Microfluidics Market, By Application, From 2021 to 2026 (USD Million)
  33. Australia Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  34. Australia Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  35. Australia Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  36. Australia Microfluidics Market, By Application, From 2021 to 2026 (USD Million)
  37. South Korea Microfluidics Market, By Product, From 2021 to 2026 (USD Million)
  38. South Korea Microfluidics Market, By Industry, From 2021 to 2026 (USD Million)
  39. South Korea Microfluidics Market, By Material, From 2021 to 2026 (USD Million)
  40. South Korea Microfluidics Market, By Application, From 2021 to 2026 (USD Million)

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