Microfluidics Market Growth, Trends, Analysis and Forecasts To 2024 Microfluidics Market | Page 2

The market is being pulled in the opposite direction due to the strict regulatory approvals by the U.S. FDA
for the devices. The body terms them as class III high-risk medical devices, which also means that an
excise duty of 2.5% is levied on the products. Both these factors are expected to restrain the growth of the
global market. The market is likely to be restrained by the high cost of devices and instruments.
Furthermore, the lack of reliability on the assembling, integration, and packaging of devices before usage
has also raised concerns amongst end users is also anticipated to restrain the overall market.
This review is based on Transparency Market Research’s review, titled “Microfluidics Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
To Get Full Detail of The Reports @ http://www.transparencymarketresearch.com/microfluidics-
market.html
The global microfluidics market has been segmented as follows:
Microfluidic Market, by Product Type
 Microfluidic Chip
 Instruments
 Cartridges & Reagents
 Others
Microfluidic Market, by Application
 Peripheral Vascular Diseases
 Wound Care Management
 Pharmaceutical & Biotech Research
 In vitro Diagnostics
 Drug Delivery
 Others
Microfluidic Market, by Material
 Polymer based
 Glass based
 Others
Microfluidic Market, by End-user
 Hospitals
 Academic & Research Institute
 Diagnostic Lab
 Homecare settings
 Others
Microfluidics Market, by Geography
 North America
o U.S.
o Canada
 Europe
o Germany
o France
o U.K.
o Italy
o Spain