Global Micro-Pump Market to See 17.2% CAGR to 2020, Projects Market Research Future in Its In-demand Report Published at MarketPublishers.com
19 Jan 2017 • by Natalie Aster
LONDON – Globally, the micro-pump market is poised to be worth around USD 5.283 billion by 2027-end, registering a 17.2% CAGR. In terms of the product types, non-mechanical micro-pumps will definitely emerge as the most rapidly increasing segment of global micro-pump marketplace and it is anticipated to reach nearly USD 1.837 billion by 2027, demonstrating a CAGR of 17.5%.
In terms of application areas of micro-pump, the pharma industry accounts for the lion’s share of the world’s micro-pump market and it is set to post a CAGR of 17.6% in the years to come.
The North America region has dominated the micro pumps market ever since the technology emerged and is poised to remain the biggest market across the world in the offing. Country-wise, the USA was the leading country micro-pump market accounting for a share of nearly 75% as of 2015. The APAC market is poised to gather steam posting the fastest CAGR over the next ten years.
Bio-Chem Fluidics, Advanced Microfluidics, Alldoo Micropump Co Ltd, Microfluidica LLC, Takasago Electric, Inc., Servoflo Corporation, World Precision Instrument, and Xavitech are some of the leading players in the marketplace.
Topical market research report “Global Micro-pump Market – Estimation & Forecast, 2016-2027” drawn up by MRFR is aimed at providing an unbiased, all-round examination of the market worldwide.
The study offers in-depth insights into factors stimulating and hindering the market growth, sheds light on the major market opportunities. Porter’s market analysis if included, too. The report provides analysis of the market segments/sub-segments giving historical and forecasted revenue figures pertaining to the markets region- and country-wise. It presents historical and forecasted revenues of the market segments by type and industry. The research publication offers detailed profiles of the top 13 players operating in the industry, canvassing their market shares, primary fields of expertise, and comprehensively examining the competitive scenario for the market.
More new research reports by the publisher are available in the MRFR catalogue.