/PRNewswire/ The "Microfluidic Devices Market (by Device Type, Material, Application, Industry, Geography), Impact of COVID-19, Company Profiles and Recent.
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The global microfluidic devices market is projected to reach US$ 22.65 Billion by 2026. Microfluidics is the technology that deals with the flow of liquids through microscopic channels such as chips, nozzles, and pumps. Microfluidics allow high-throughput screening and experimentation that revolve around a series of techniques. The technology is used for processing and manipulating small amounts of liquid using channels that possess micrometer dimensions.
The factors, such as the rising demand for POC testing, high incidence rate of lifestyle diseases, technological advancements, increasing focus on data precision & accuracy, fast returns on investment and faster testing & improved portability through microfluidic chip miniaturization, are driving the market. Moreover, factors such as the growing geriatric population, increasing investments in the healthcare industry, rising demand for advanced technologies