Market and Technology Trends

Status of the Microfluidics Industry 2024

By Yole Intelligence

With Almost $19B worth in 2023, the microfluidics market is experiencing a declining demand from consumer applications while industrial and medical applications are boosted by technological innovation

YINTR24425

Report's objectives

This Yole Intelligence report is an updated version of the 2023 report providing a complete analysis of microfluidic device/module applications, markets, and technologies.

His new version provides:

  • New significant trends and evolution in the microfluidic industry markets, applications, and business models
  • Presentation of the hot spots where things are moving, along with future high-potential applications
  • Analysis of strategic moves since 2021 (post-COVID pandemic period): mergers and acquisitions, fundraising, etc.
  • Understanding of the competitive environment with an overview of key players, the evolution of microfluidic vendors’ market shares per segment, and fabs’ market shares
  • Updated market data and forecast up to 2029, in value and volume for microfluidic devices and modules, with insights on the materials market (polymer, PDMS, glass wafers, silicon wafers)
  • Supply chain description and analysis
  • Latest technology trends (materials, manufacturing, biology, biosensors, etc.)

This report thoroughly summarizes the 2023 microfluidics market, considering the trends for each application. The report was finalized in mid-June 2024, so the data is the latest available.

Key Features 

  • Market segmentation, data, and forecasts for 2024 - 2029, by devices and modules, in units and dollars, including materials ratio.
  • A detailed explanation of current and future market trends, covering several applications of microfluidic technologies.
  • Market share at the module and fab level, In comparison to the last two years, explaining the dynamics.
  • Fundraising and M&A analysis to help understand the ecosystem’s dynamics.
  • Description of the supply chain involving various players as a function of the materials used.
  • Materials, manufacturing, and other technology trends, along with roadmaps.

What’s new?

  • Inkjet printing technologies were added.
  • Focus on market trends related to Consumer, industrial, and medical markets.
  • Analysis and forecast by type of microfluidic modules.

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