Scienza e Tecnologia
Microfluidics Market size worth $ 57.65 Billion, Globally, by 2028 at 23.65% CAGR: Verified Market Research®
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Accelerated detection is of significant importance in the COVID-19 pandemic. A considerable number of cases are being tested, which places a heavy burden on laboratories. Fast detection can decrease the number of unnecessary visits to the health clinics and support the healthcare sector to save lives by handling patients with positive test results. Microfluidics is associated with handling a tiny amount of fluid in micron-scale channels and chambers. Consequently, it allows researchers to control fewer amounts of samples and reagents with greater efficiencies and generate results quicker than conventional methods, owing to the huge potentials of microfluidic technology.
For instance, a December 2020 article 'Evaluation of current diagnostic methods for COVID-19' states that biosensor-based virus detection systems that use nanotechnology and microfluidics and instrumental advances are deemed as promising technologies in pandemic situations like COVID-19. Significant factors impelling the growth of the market include growing demand for microfluidics technology, increasing technological advancements in diagnostic devices, and growing incidence of chronic diseases.
However, several regulatory standards are being created for the implementation of microfluidics in healthcare. These regulatory standards consume too much time for the approval process of microfluidic devices which in turn limits the growth of the market. Another challenge for the growth of the market is the implementation of developing microfluidics technology in current applications. To overcome this challenge, corporations are investing in research and development.
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