India Microfluidics Market to Grow with a CAGR of 12.88% through 2030
Surge in research and development activities is expected to drive the India Microfluidics Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Microfluidics
Market - By Region, Competition, Forecast & Opportunities, 2030F”, the India Microfluidics Market stood at USD 612.32 Million in 2024 and is
anticipated to grow with a CAGR of 12.88% through 2030. Initiatives taken by government based on microfluidics has led to favorable market conditions for the India Microfluidics Market. Several factors contribute to the growth of various microfluidics products.
One of the prominent initiatives is the National Biotechnology Development Strategy spearheaded by the Department of Biotechnology (DBT). This strategy encourages research and development in cutting-edge technologies like microfluidics, promoting the integration of these innovations in healthcare diagnostics and personalized medicine. By providing funding and infrastructure support, the government aims to strengthen India’s biotechnology capabilities and accelerate the commercialization of microfluidic devices.
One of the key factors propelling the growth of the microfluidics market in India is the significant investment in biotechnology and healthcare research. Government initiatives, such as the Department of Biotechnology’s (DBT) efforts to promote scientific advancements and innovation, have led to increased funding for research projects focused on cutting-edge technologies, including microfluidics. Additionally, private sector participation has grown, with numerous pharmaceutical and biotech companies establishing R&D centers across the country, particularly in regions like Maharashtra, Karnataka, and Gujarat. This investment is helping to accelerate the development of novel microfluidic devices and systems that can be applied in drug discovery, personalized medicine, and diagnostics. The precision and efficiency offered by microfluidics have made it an essential tool for researchers working on next-generation therapeutics and diagnostic platforms, further fueling market growth.
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The India Microfluidics Market is segmented into product
type, material, application, end user, regional distribution, and company.
Based on Application, in-Vitro Diagnostics (IVD) is
currently dominating the microfluidics market in India, and this can be
attributed to several factors. There has been a significant increase in the
incidence of chronic and infectious diseases, which has created a pressing need
for advanced diagnostic techniques. In this regard, IVD plays a critical role
by providing accurate and timely diagnoses. There is a growing awareness among
the population about the importance of early disease detection and prevention.
This has led to a higher demand for IVD technologies, as they enable early
detection of diseases and prompt intervention, ultimately improving patient
outcomes. Furthermore, the Indian government has been actively involved in the
development of healthcare infrastructure, with a focus on enhancing diagnostic
capabilities. This has created a conducive environment for the growth of IVD in
the country, as it aligns with the government's vision of providing accessible
and quality healthcare to all.
Based on Region, North India is anticipated to demonstrate the fastest growth during the forecast period. North India is experiencing significant growth in the India Microfluidics Market due to several key factors, making it an emerging hub for innovation and development in this field. One of the primary drivers is the strong presence of leading research institutions and universities in the region, such as the Indian Institute of Technology (IIT) Delhi and the All India Institute of Medical Sciences (AIIMS), which are actively engaged in cutting-edge research and development related to microfluidics. These institutions are fostering innovation in lab-on-chip devices, point-of-care diagnostics, and biosensors, which are essential for advancing microfluidics technology.
Major companies operating in India Microfluidics
Market are:
- AQC Chem. Lab Pvt Ltd.
- Bio-Rad Laboratories India
Pvt Ltd
- Abbott India Ltd
- PerkinElmer India Pvt Ltd
- Thermo Fisher Scientific
India Pvt. Ltd.
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“Nanotechnology is emerging as a key enabler in the growth of the India microfluidics market, offering new dimensions of precision, efficiency, and innovation. By manipulating materials at the nanoscale, nanotechnology enhances the performance of microfluidic devices, enabling breakthroughs in healthcare, biotechnology, and diagnostics. In the Indian market, the integration of nanotechnology with microfluidics is fostering the development of advanced medical solutions, making it a significant driver of market growth,”
said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“India Microfluidics Market By Product Type (Microfluidic Chips, Microfluidic Sensors, Microfluidic Pumps, Microneedles, Others), By Material (Polymer, Glass, Silicon, PDMS, Other), By Application (In Vitro diagnostics (Point-of-Care Testing, Clinical Diagnostics, Environmental Testing, Industrial Testing, Agro Food Testing), Pharmaceutical Research (Lab Analytics, Microdispensing, Microreaction), Drug Delivery (Inhaler Nozzles, Microneedles, Micropumps), By End User (Hospitals & Diagnostic Centres, Academic & Research Institutes, Pharmaceutical & Biotechnology Companies), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of India Microfluidics Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also identifies
and analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Microfluidics Market.
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