The Europe microfluidics market was valued at US$ 3,625.15 million in 2019 and is projected to reach US$ 12,827.36 million by 2027; it is expected to grow at a CAGR of 17.4% during 2020–2027.
The growth of the microfluidics market is mainly attributed to the factors such as adoption of microfluidics technologies in point-of-care testing, and advancement in microfluidics products are expected to propel the growth of the market. However, regulatory approval process is the major factor hindering the market growth.
The UK has observed the fastest growth in the Europe microfluidics market within the past few years and is expected to lead the market in Europe during the forecast period. The rising funding and growing technological advancements are counts as a leading contributing factor to market growth in the UK. For instance, a UK based company, MicrofluidX, has closed a US$ 1.8M (€1.6M) seed funding round to develop a microfluidic platform to produce cell and gene therapies more cheaply than conventional cell cultures with current manufacturing techniques. The funding round was headed by UKI2S, a national seed investment fund targeting early-stage companies, as well as Longwall Ventures and Cambridge Angels. With this prototype, the company aims to compare the performance of its microfluidics approach to current cell culture techniques used to produce gene and cell therapies. Also, the company is focusing on other areas that scale-up microfluidics far ahead of just biology research.
UK Microfluidics Market Revenue and Forecast to 2027 (US$ Million)

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EUROPE MICROFLUIDICS – MARKET SEGMENTATION
Microfluidics Market – By Product
- Devices
- Microfluidic Chips
- Microfluidic Sensors
- Micropumps
- Microneedles
- Other Products
Microfluidics Market – By Material
- PDMS
- Glass
- Silicon
- Polymer
- Other Materials
Microfluidics Market – By Application
- In Vitro Diagnostics
- Point-of-Care Testing
- Clinical Diagnostics
- Pharmaceutical and Life Science Research
- Drug Discovery
- Other Applications
By Country
- Germany
- France
- UK
- Italy
- Spain
Company Profiles
- Agilent Technologies, Inc.,
- BD
- Bio-Rad Laboratories Inc.
- Danaher
- Dolomite Microfluidics (Blacktrace Holdings Ltd.)
- Fludigm Corporation
- Illumina, Inc.
- microfluidic ChipShop GmbH,
- Perkin Elmer, Inc.
- Thermo Fisher Scientific Inc.
Europe Microfluidics Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 3,625.15 Million |
Market Size by 2027 | US$ 12,827.36 Million |
Global CAGR (2020 - 2027) | 17.4% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
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