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The fluidics for preclinical, life science research, and clinical applications market share is expected to increase by USD 10.37 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 19.1%.
This fluidics for preclinical, life science research, and clinical applications market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers fluidics for preclinical, life science research, and clinical applications market segmentation by product (software and accessories and precision syringe pumps), end-user (industrial laboratories and CROs and academic, and government research laboratories), and geography (North America, Europe, Asia, and ROW). The fluidics for preclinical, life science research, and clinical applications market report also offers information on severl market vendors, including Advanced Microfluidics SA, BiosebLab, CETONI GmbH, Chemyx Inc., Halma Plc, Harvard Bioscience Inc., New Era Pump Systems Inc., Spetec GmbH, Stoelting Co., and World Precision Instruments among others.
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The rise in prevalence of chronic diseases driving cellular research is notably driving the fluidics for preclinical, life science research, and clinical applications market growth, although factors such as limitations of syringe pumps may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the fluidics for preclinical, life science research, and clinical applications industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Fluidics For Preclinical, Life Science Research, And Clinical Applications Market Driver
The rise in prevalence of chronic diseases driving cellular research is one of the key factors driving the growth of the global fluidics for preclinical, life science research, and clinical applications market. The growing prevalence of chronic diseases, such as cancer and cardiovascular diseases, globally has increased the demand for cellular research on these diseases. For instance, according to the Centers for Disease Control and Prevention (CDC), during 2010-2020, the number of new cancer cases in the US increased by around 24% in men (more than 1 million cases per year) and by 21% in women (more than 900,000 cases per year). Moreover, the demand for microfluidics-based technology is also increasing in cancer research. For instance, in February 2019, researchers developed a microfluidic device that can isolate individual cancer cells from patients’ blood samples. The device is expected to enable rapid and low-cost liquid biopsies in the future, help detect cancer, and develop targeted treatment plans. The growth in microfluidic research on chronic diseases, such as cancer, is likely to augment the demand for microfluidic syringe pumps, which will drive the growth of the market during the forecast period.
Key Fluidics For Preclinical, Life Science Research, And Clinical Applications Market Trend
Adoption of various business strategies will fuel the global fluidics for preclinical, life science research, and clinical applications market growth. The increasing number of partnerships and collaborations are likely to drive the growth of the global fluidics market for preclinical, life sciences research, and clinical application during the forecast period. Vendors are opting for diverse business strategies, such as partnerships and collaborations with end-users and universities, upgrading their product portfolios, which is expected to drive the growth of the global fluidics market for preclinical, life sciences research, and clinical application market during the forecast period. Moreover, vendors are participating in various trade shows and conferences to attract consumers and promote their products. Participation in such trade shows and conferences helps vendors form strong sales channels with end-users and boost their market presence. Such business strategies adopted by key vendors in the market will drive the growth of the market during the forecast period.
Key Fluidics For Preclinical, Life Science Research, And Clinical Applications Market Challenge
Limitations of syringe pumps are the major challenge for the global fluidics for preclinical, life science research, and clinical applications market growth. Syringe pumps are widely used in life science and preclinical research, as they are easy to use and enable a fast setup of experiments. However, they have certain limitations, which hamper their adoption in research. Moreover, Syringe pumps are used in research for microfluidic applications. When changing the flow rate using a syringe pump within a microfluidic system, the settling time taken to reach 95% of the desired flow rate can range between milliseconds to several hours, as microfluidics often deals with high fluidic capacitance and small flow rates. The pressure in the fluidics system increases when the motor of the syringe pump pushes the syringe piston. The pressure required to reach the desired flow rate increases linearly with the fluidic resistance of the chip and the settled flow rate. Generally, this pressure increase should be reached instantaneously. However, fluidic systems have compliance as they deform with pressure. When the system deforms, it slows down the pressure increase, which further retards the time taken to reach the right flow rate in the chip.
This fluidics for preclinical, life science research, and clinical applications market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The global fluidics for preclinical, life science research, and clinical applications market is a part of the global life sciences tools and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the fluidics for preclinical, life science research, and clinical applications market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the fluidics for preclinical, life science research, and clinical applications market encompasses successful business strategies deployed by the key vendors. The fluidics for preclinical, life science research, and clinical applications market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The fluidics for preclinical, life science research, and clinical applications market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the fluidics for preclinical, life science research, and clinical applications market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global life sciences tools and services market includes the following core components:
The report has further elucidated other innovative approaches being followed by service providers to ensure a sustainable market presence.
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44% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for fluidics for preclinical, life science research, and clinical applications market in North America. Market growth in this region will be slower than the growth of the market in regions.
The rise in prevalence of chronic diseases driving cellular research will facilitate the fluidics for preclinical, life science research, and clinical applications market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The fluidics for preclinical, life science research, and clinical applications market in North America witnessed strong growth in the 2020-2021 period, owing to the outbreak of COVID-19. The rising number of COVID-19 cases resulted in significant pressure on healthcare facilities in this region. Laboratories increased their testing capacities to address the increasing demand for COVID-19 testing. These COVID-19 tests are being made compulsory for travel both within countries in North America as well as for traveling to other regions. Also, the number of clinical research activities for COVId-19 vaccines has increased during this COVID-19 period in 2020 and the first half of 2021 due to the rapid spread of COVID-19 cases. This, in turn, is expected to facilitate the growth of the fluidics for preclinical, life science research, and clinical applications market in the region during the forecast period.
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The fluidics for preclinical, life science research, and clinical applications market share growth by the Software and accessories segment will be significant during the forecast period. This segment includes software tools and accessories that are integrated into syringe pumps. A variety of accessories are available for the syringe pump product line in the market. As the use of accessories aid in the functioning of syringe pumps, it will drive the growth of the accessories segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the fluidics for preclinical, life science research, and clinical applications market size and actionable market insights on post COVID-19 impact on each segment.
Fluidics For Preclinical, Life Science Research, And Clinical Applications Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 19.1% |
Market growth 2021-2025 |
$ 10.37 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.00 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, China, Germany, Canada, and the UK |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Advanced Microfluidics SA, BiosebLab, CETONI GmbH, Chemyx Inc., Halma Plc, Harvard Bioscience Inc., New Era Pump Systems Inc., Spetec GmbH, Stoelting Co., and World Precision Instruments |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by End-user
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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