Microfluidic Devices Market Growth, Opportunities, and Market Forecast to 2027
Microfluidic devices contain samples of fluids and liquids in small volumes and are used in studying the mixture of elements at a micro scale. The shift from laboratory tests to on-site arrays and kits will have a significant impact on the production of these devices. The global microfluidic devices market report by Market Research Future (MRFR) looks at the prospects of these devices in environmental monitoring, single-cell analysis, healthcare, and others as well as its potential for the period of 2019 to 2025 (forecast period). Market Outlook The global microfluidic devices market is set to reach a value of USD 14,296.04 million by 2025. It can display a CAGR of 19.70% during the forecast period. Rise of technologies advocating for miniaturization of chips, demand for point of care products, applications in proteomics and genomics, and increased funding in research and development are major factors driving market growth. Recently, L’Oréal has introduced a new wearable sen...