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According to a new research report by RNCOS entitled, "Global Microfluids Market Outlook 2020", the global healthcare microfluidics industry is witnessing significant growth owing to the growing awareness about microfluidic devices and rising investments in this market. The industry is poised to grow at a CAGR of 21.5% from 2014 to 2020 and expected to reach US$8 Billion by 2020.

Having tremendous advantages such as high surface to volume ratio, less reagent consumption and improved accuracy of the reaction assays, the microfluidics is penetrating in varied branches of medicine such as diagnostics, drug development, and genomics research. Most importantly, the technology is widely seen in diagnostics applications. Other factors such as reduced cost of drug development procedures are driving the billion dollar industry. The market is influenced by major diagnostic companies like Roche, Illumina, Perkin Elmer etc., which are increasingly investing in this market through acquisitions and agreements.

Research Analysis & Highlights

The report is spread in 60 pages and provides an in-depth research and rational analysis of the current status and future prospect of the Global Microfluidics Industry. The report provides a clear picture of the technology, factors driving the industry growth, and challenges faced by the industry. In addition to this, the study includes mergers & acquisition deals that have occurred during past two years.

The report further highlights market segmentation of the industry by types of products, applications and geography. With special emphasis on competitive landscape and dominant players in the market, the research provides valuable information to the investors who are looking to enter in this market.

Some of the key highlights of the report are:

          - Biocompatibility of Polymers Enrich Microfluidics Fabrication
          - Lifesciences Research Applications Fuelling Microfluidic Industry
          - Microfluidic Market Witnessing Cut-Throat Competition at Product level

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM773.htm

Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm