Microfluidics involves processing or manipulation of small amount of fluidics. It studies various systems that can process small quantities of fluids by using tiny channels having dimensions in micrometers. Microfluidics is an emerging technology having a wide range of applications in biology, chemistry, optics and information technology. This technology is widely used for various processes such as capillary electrophoresis, sample injection in mass spectrometry, immunoassays, flow cytometry, DNA analysis, separation and manipulation of cells, PCR amplification, among others. Additionally, microfluidics is also used in the diagnosis of diseases such as cancer and research.
Danaher and Thermo Fisher Scientific Inc. – Notable Market Players in Microfluidics Market
Market leaders operating in the market have undertaken various inorganic and organic growth strategies in the microfluidics market. The microfluidics market majorly consists of the players such as Agilent Technologies, Inc., BD, Bio-Rad Laboratories Inc., Danaher, Dolomite Microfluidics (Blacktrace Holdings Ltd.), Fludigm Corporation, Illumina, Inc. microfluidic ChipShop GmbH, Perkin Elmer, Inc., and Thermo Fisher Scientific Inc. Organic and inorganic growth strategies witnessed in the market include product launches, mergers & acquisitions, and partnerships that have helped to pave way for expansion of business and customer base of market players.
Below is the list of the growth strategies done by the players operating in the microfluidics market:
| Year | News |
| April, 2020 | Dolomite Microfluidics and Mologic entered into strategic collaboration to expand the production of COVID-19 diagnostic tests. The tests incorporated nano-particles based diagnostic testing technology. |
| October, 2019 | The company showcased its Advanta RNA-Seq NGS Library Prep Kit at American Society of Human Genetics. The company showcased its product to increase product awareness and brand equity in order to prove its significance in the global market. |
| September, 2019 | The company announced launch of a new RNA sequencing library preparation workflow which can provide superior efficiency and cost-optimization. The new technology can be used with Fluidigm Juno microfluidic system. |
| May, 2018 | Agilent Technologies, Inc. has acquired Advanced Analytical Technologies, Inc. (AATI), a provider of capillary electrophoresis-based (CE) solutions for the fully-automated analysis of a range of molecules. |
| December, 2017 | The company announced its collaboration with Redbud Labs. With the help of this collaboration, the companies are offering integrated technology for processes on biological assays. |
