Global Micropump Market is Projected to Reach a Valuation of US$ 12.8 billion by 2033, Micropump Industry Anticipated to Rise at 18.4% CAGR | Future Market Insights, Inc.

NEWARK, Del:

The global Micropump Market is predicted to register a CAGR of 18.4% over the forecast period, according to FMI’s analysis. The industry’s market value is anticipated to increase from US$ 2.4 billion in 2023 to US$ 12.8 billionby 2033 end.

The widespread application of micropumps due to their capability to effectively handle incredibly small portions of liquid is augmenting the market growth. Further, adding to the market growth is the fact that micropumps have gained wide recognition in the biomedical sector owing to their higher pumping flow rates and smaller dimensions. Additionally, the market is picking up momentum on account of surging demand for medical devices offering precise drug delivery.

The micropump market is favorably impacted by the increasing deployment of micropumps in microfluidic research. Moreover, the usage of micropumps also ensures an automated and smooth flow of medication periodically. To ensure accurate medication and avoid overdosing, micropumps are used by healthcare providers.

Get a Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14339

The surging popularity of drug delivery devices that use microelectromechanical technology (MEMS) due to their significant uses in the biomedical field, is propelling the market further. Additionally, the enhanced efforts to boost drug delivery efficiency in recent years have been augmenting market development.

Key Highlights:                                                                            

• The United States is projected to be a significant micropump market in the predicted time. The market is expected to garner revenue of US$ 4.5 billion by 2033. The market is projected to demonstrate a CAGR of 18.2%.
• Chinais projected to be the second leading market for micropump. The country holds a significant grip over the Asia Pacific micropump industry as it contributes substantially to regional growth. By 2033, the market is anticipated to reach US$918.5 million, expanding at a CAGR of 17.8%.
• The United Kingdom is projected to attain US$ 538.7 million by 2033. A CAGR of 17.4% has been estimated for the United Kingdom in the upcoming years.
• Japan is another significant market in the Asia Pacific region. The market is anticipated to achieve US$ 750.7 million by the year 2033. The market is expected to assume a CAGR of 16.8% from 2023 to 2033.
• The in-vitro diagnostics segment is assessed to expand at a CAGR of 17.6% over the forecast period. Due to the extensive application of mechanical and non-mechanical pumps in in-vitro diagnostics, the segment is projected to assume a significant growth rate.

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14339

Latest News Containing Market Developments by Key Participants of Micropump Market:

• In March 2022, Medtronic India introduced MiniMed 780G, a next-gen closed-loop insulin pump system. The system is designed for the treatment of type 1 diabetes in people ranging from 7 to 80 years of age. The MiniMed 780G allows customization of glucose goals with modifiable targets setting a minimum of 100 mg/dL.
• In 2021, Bartels Mikrotechnik GmbH launched the mp-advance kit and an mp-select kit. The former kit includes an entire range of components to make up a complete microfluidic system. These components include mp6 micropumps, and electronics such as mp-Highdriver, mp-Lowdriver, mp-Highdriver4, and associated accessories. These micropumps transport a small number of liquids and gases and have rendered themselves indispensable in some sectors.

List Encompassing Key Players Operating in Micropump Industry

• LEE Ventus
• Sensile Medical
• Cole-Parmer India Pvt Ltd
• IDEX
• Dolomite Microfluidics
• The Lee Company
• Gardner Denver
• Takasago Electric, Inc.
• Halma Plc
• Servoflo Corporation

Buy Complete Report: https://www.futuremarketinsights.com/checkout/14339

Market Segments Covered in Micropump Industry Analysis

By Product Type:

• Mechanical Micropump
  • Piezoelectric Micropump
  • Peristaltic Micropump
  • Others
• Non-mechanical Micropump

By Application:

• Drug Delivery
• In-vitro Diagnostics
• Medical Devices
• Others

By End User:

• Biotechnology & Pharmaceutical Companies
• Hospitals & Diagnostic Centers
• Academic & Research Institutes

Table of Content

1. Executive Summary | Micropump Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

Complete TOC with Report Preview: https://www.futuremarketinsights.com/reports/micropump-market

Have a Look at Related Research Reports of Healthcare Domain:

Starter Cultures Market Size – The overall sales of starter cultures worldwide are estimated to be worth around US$ 1,191.6 million in the year 2023. The leading countries like the United States, China, Canada, and Japan together had a market size of US$ 186 million in 2022.

Low-Grade Glioma Therapeutics Market Share – The global low-grade Glioma therapeutics market is expected to garner a market value of US$ 1038 Million in 2023 and is expected to accumulate a market value of US$ 1515.47 Million by registering a CAGR of 4.57% in the forecast period 2023-2033.

Monoclonal Gammopathy of Undermined Significance (MGUS) Management Market Growth – The global monoclonal gammopathy of undetermined significance (MGUS) management market is expected to garner a market value of US$ 27 million in 2023 and is expected to accumulate a market value of US$ 53.11 million by registering a CAGR of 7% in the forecast period 2023 to 2033.

Hypercoagulability Treatment Market Trends – The global hypercoagulability treatment market is expected to garner a market value of US$ 670 million in 2023 and is expected to accumulate a market value of US$ 1,317.99 million by registering a CAGR of 7% in the forecast period 2023 to 2033.

Langerhans Cell Histiocytosis Management Market Forecast – The global Langerhans cell histiocytosis management market is expected to garner a market value of US$ 581 Million in 2023 and is expected to accumulate a market value of US$ 1070.31 Million by registering a CAGR of 6.3% in the forecast period 2023 to 2033.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S., and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

LinkedIn| Twitter| Blogs | YouTube

For Sales Enquiries: sales@futuremarketinsights.com