Posts tagged: Industry

Microfluidic devices take multiple shapes. The applications are diverse, with diagnostics, life sciences, drug delivery, and manufacturing being the main ones. Players performing well in this market are mainly the big companies, not generally expert in microfluidics but IVD systems. Almost 91% of the market (in value) is held by 20 players. COVID-19 has boosted the global microfluidics market from US$9.9 billion in 2019 to US$18.1 billion in 2021 (a growth of 45%). This dynamic can be explained by the widespread adoption of point-of-care (POC) solutions and next-generation sequencing (NGS) technologies.

We are at the eve of major changes in society and economy: Quantum Technologies will have a leapfrog impact on almost all industries, healthcare, life-sciences, banking, logistics, communications, pharmaceuticals, aerospace, military, and public safety. This listing is far from being complete. The issue is not if but by when commercially meaningful applications, products and new services will become available.

What drives innovation in micro- and nanotechnology in 2020? And what economic, political, societal or organizational challenges are high-tech companies facing? The IVAM Survey 2020 focused on these questions. As in previous years, the survey was conducted among several thousand European companies and institutes in the fields of microtechnology, MEMS, nanotechnology, advanced materials and related key enabling technologies.