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Posts Tagged "microfluidics market"

Rising Demand for Point-of-Care Testing and Significant Return on Investment: Key Driving Factors of the Microfluidics Market

Rising Demand for Point-of-Care Testing and Significant Return on Investment: Key Driving Factors of the Microfluidics Market

Rising demand for point-of-care testing

The rising prevalence of lifestyle-related & infectious diseases and an increasing preference for self-testing are driving the global point-of-care diagnostics market. In addition, growing private investments and the availability of venture funding for the development of new products, coupled with government support for improving the adoption of POC devices, are further supporting the growth of the POC diagnostics market. The rising incidence and prevalence of various diseases, coupled with product miniaturization and the decentralization of healthcare, are the major factors that are expected to offer significant growth opportunities to players operating in the POC diagnostics market. (more…)

Why Hasn’t Microfluidics Reached Consumer Market Despite a Huge Number of Academic Inventions and Publications During the Past 15 Years?

Why Hasn’t Microfluidics Reached Consumer Market Despite a Huge Number of Academic Inventions and Publications During the Past 15 Years?

For over three decades, a revolutionary impact of microfluidic technology on science and industrial applications has been envisioned; however, such predictions have not been met regardless of a large number of academic publications and even patents. Fervently, the number of publications rose from a few dozen publications per year in 2000 to the thousands in 2012; yet a killer application has not been realized either for academic research nor for the industry1. The obvious question is why the gap between the proof-of-concept microfluidic development found in these publications and the mainstream market has not yet been breached.  (more…)