Micro pump Market Research Report - Global Forecast till 2023

Global Micropump Market : Information by Product Type (Mechanical Micropump, Piezoelectric Micropump, Syringe Pump, Peristaltic Pump and Non-Mechanical Micropump), Material (Polymer, Glass and Silicon), Application (Drug Delivery Systems, Medical Device and In-Vitro Diagnostics), End User (Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Centers and Research Institutes) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2023

ID: MRFR/MED/0792-CR | July 2019 | Region: Global | 142 pages

Overview


The Global Micro-Pump Market is expected to register a CAGR of 19.4%and is anticipated to reach USD 3184.6 million by 2023.


 Globally, the market for microfluidic pumps is gaining significant importance due to growing R&D investment in life sciences, pharmaceuticals, and increasing point of care testing demand.


The material mix changes providing opportunities for new players, increase in global demand for point of care testing, and rising awareness about the importance of controlled drug delivery, increased acceptance and use in biomedical research, and rising prevalence of chronic and fatal diseases are the major drivers propelling market growth. However, the geometrical and surface chemistry issues and adherence to stringent regulatory requirements are expected to restrain the market growth.


Market Dynamics


There has been a tremendous rise in the number of diseases among the population in the last couple of decades. According to WHO, Cancer is the second leading cause of death globally and was responsible for 8.8 million deaths in 2015. Globally, nearly one in six deaths are due to cancer. Microfluidic systems and micropumps play an essential role in such diseases where infusion therapy is employed.


Moreover, the role of micropumps has been instrumental in the point of care services. The development and adoption of these clinical tests are expected to drive demand for microfluidic pumps. Additionally, the development and adoption of these clinical tests are expected to drive demand for microfluidic pumps are likely to support market growth. On the other hand, adherence to stringent regulatory requirements and restraints impact analysis is anticipated to hamper the market growth.


Global Micropump Market Size, by End User, 2017 (USD Million)
 Micropump Market


Source: MRFR Analysis


Segmentation


The global micropump market has been segmented into type, material, application, and end user. By type, mechanical micropump, piezoelectric micropump, syringe pump, peristaltic pump, and non-mechanical micropump. Based on material, polymer, glass, and silicon Based on application drug delivery systems, medical device, and in-vitro diagnostics. By end-user, biotechnology and pharmaceutical companies, hospitals and diagnostic centers, and research institutes. The biotechnology and pharmaceutical companies’ segment of global micropump market accounted for a market value of USD 443.0 million in 2016.


Key Players


The prominent players in the global micropump market are Advanced Microfluidics, Alldoo Micropump, Microfluidica LLC, Servoflo Corporation, Takasago Electric, Inc., TOPS Industry & Technology Co. Ltd, World Precision Instrument, Xavitech, Christian Bürkert GmbH & Co. KG, Hargraves Technology Corporation (Parker), Longer Precision Pump Co. Ltd, Calon Cardio, and CircuLite Inc. Some of the key strategies followed by the players operating in the global micropump market were innovation, product development, acquisition, and expansion.


Asia-Pacific Micropump Market Share, by Country, 2017 (%)
 Micropump Market


Source: MRFR Analysis


Regional Analysis


The global micropump market, based on region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas has been the largest market for micro pump ever since the technology came into existence and is estimated to dominate the global micropump market during the forecast period. There are several factors for the tremendous growth of the micropump market, such as a wider acceptance of the technology. The micropump technology was initially adopted by the North American countries, and over the years, the use of micro pumping systems has increased. Major market players such as Cole Palmer, IDEX Corporation, Bio-Chem Fluidics, and World Precision Instruments, among others are based in the USA, which has led to the development of the state-of-the-art infrastructure required for the micro pumping technology. Government funding is another crucial factor in the overall market growth. The European market for micro-pump market is expected to be the second-largest during the forecast period. A considerable population requiring significant diagnostic and medical requirements, moreover, drug discovery and development, and delivery services have played an important role in the growth of the micropump market in the European region.


Additionally, the companies operating in the market are particularly focusing on mergers and acquisition, which is expected to support market growth. Asia-Pacific is estimated to be the fastest-growing market due to the increased R&D spending, health insurance penetration, and up-gradation of healthcare systems. Moreover, in the Asia-Pacific region, Japan accounted for a market share of 23.6% in 2016. Furthermore, the market in the Middle East & Africa is expected to witness steady growth due to limited access to healthcare facilities.


Key Updates



  • In July 2017, Biochem Fluidics released the Maestro ULTRA piston pump, Opus Rocker Valves, Peristaltic Pumps



  • In August 2017, Cole-Parmer released the Masterflex L/S Cytoflow Pump Head, developed explicitly for pumping live cells and shear-sensitive fluids



  • In July 2016, Blacktrace launched the Dolomite Bio. Dolomite Bio specializes in microfluidic droplet applications which offer a range of microfluidic systems and individual modules, control software and reagents for cell biology applications.


Market Segmentation


Global Micropump Market, by Type



  • Mechanical Micropump

  • Piezoelectric Micropump

  • Syringe Pump

  • Peristaltic Pump

  • Non-Mechanical Micropump


Global Micropump Market, by Material



  • Polymer

  • Glass

  • Silicon


Global Micropump Market, by Application



  • Drug Delivery Systems

  • Medical Device

  • In-Vitro Diagnostics


Global Micropump Market, by End User



  • Biotechnology and Pharmaceutical Companies,

  • Hospitals and Diagnostic Center

  • Research Institutes


 Global Micropump Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa




Available Additional Customizations



  • Additional Companies

    • Micropump Inc

    • ET technology Ltd

    • Xiamen AJK Technology Co. Ltd

    • IDEX

    • TCS Micropumps

    • Bartels Mikrotechnik GmbH

    • Gardner Denver Thomas

    • Takako



  • New Trends Updates for Medical Micropump Market


Intended Audience



  • Medical device manufacturers and distributors

  • Government research organizations

  • Hospitals and clinics

  • Regulatory agencies

  • Pharmaceutical companies



Frequently Asked Questions (FAQ) :


The global micropump market is predicted to touch USD 3184.6 million by 2027.

The micropump market is predicted to grow at a 19.4% CAGR between 2013-2027.

The Americas is predicted to lead the micropump market during the forecast period.

Growing demand for point of care testing and increasing investments in pharmaceuticals and life sciences are boosting market growth.

Adherence to strict regulatory needs and surface chemistry & geometrical issues may restrict market growth.

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TABLE OF CONTENT

1.1 Definition 11

1.2 Scope of Study 11

1.3 Research Objective 11

1.4 Assumptions & Limitations 12

1.4.1 Assumptions 12

1.4.2 Limitations 12

1.5 Market Structure 12

2.1 Research Process 13

2.2 Primary Research 14

2.3 Secondary Research 14

3.1 Introduction 15

3.2 Drivers 15

3.2.1 Material Mix Changes Providing Opportunities for New Players 16

3.2.2 Increase in Global Demand for Point of Care Testing 16

3.2.3 Rising Awareness about Importance of Controlled Drug Delivery 17

3.3 Restraints 17

3.3.1 Geometrical and Surface Chemistry Issues 17

3.3.2 Adherence to Stringent Regulatory Requirements 18

3.4 Opportunities 19

3.4.1 New Product Innovations 19

3.4.2 Rise in Partnerships and Collaborations 19

4.1 Porters Five Forces Model 20

4.1.1 Bargaining Power of Suppliers 21

4.1.2 Bargaining Power of Buyers 21

4.1.3 Threat of New Entrants 21

4.1.4 Threat of Substitutes 21

4.1.5 Intensity of Rivalry 21

5.1 Introduction 23

5.2 Mechanical Micro-Pump 24

5.2.1 Piezoelectric Micro-Pump 25

5.2.2 Syringe Pump 25

5.2.3 Peristaltic Pump 25

5.3 Non-Mechanical Micro-Pump 26

6.1 Pharmaceutical Industry 29

6.2 Medical Devices 31

6.3 In Vitro Diagnostics 32

7.1 Introduction 34

7.2 North America 35

Micro-Pump Market, By Type

Micro-Pump Market, By Industry

7.3 Europe 41

Micro-Pump Market, By Type

Micro-Pump Market, By Industry

7.4 Asia-Pacific 52

Micro-Pump Market, By Type

Micro-Pump Market, By Industry

7.5 Middle East & Africa 62

Micro-Pump Market, By Type

Micro-Pump Market, By Industry

9.1 Advanced Microfluidics SA 69

9.1.1 Company Overview 69

9.1.2 Financial Overview 69

9.1.3 SWOT Analysis 70

9.1.4 MRFR Analysis 70

9.2 Alldoo Micropump 71

9.2.1 Company Overview 71

9.2.2 Product/Business Segment Overview 71

9.2.3 Financial Overview 71

9.2.4 SWOT Analysis 72

9.2.5 MRFR Analysis 72

9.3 Bio-Chem Fluidics 73

9.3.1 Company Overview 73

9.3.2 Product/Business Segment Overview 73

9.3.3 Financial Overview 73

9.3.4 Key Development 74

9.3.5 SWOT Analysis 75

9.3.6 MRFR Analysis 75

9.4 Cole-Parmer Instrument Company, LLC. 76

9.4.1 Company Overview 76

9.4.1 Product/Business Segment Overview 76

9.4.2 Financial Overview 76

9.4.3 Key Development 76

9.4.4 SWOT Analysis 77

9.4.5 MRFR Analysis 77

9.5 Dolomite Centre Ltd 78

9.5.1 Company Overview 78

9.5.2 Product/Business Segment Overview 78

9.5.3 Financial Overview 79

9.5.4 Key Development 79

9.5.5 SWOT Analysis 80

9.5.6 MRFR Analysis 80

9.6 IDEX Corporation 81

9.6.1 Company Overview 81

9.6.2 Product/Business Segment Overview 81

9.6.3 Financial Overview 82

9.6.4 Key Development 83

9.6.5 SWOT Analysis 84

9.6.6 MRFR Analysis 84

9.7 KNF Neuberger Inc. 85

9.7.1 Company Overview 85

9.7.2 Product Overview 85

9.7.3 Financial Overview 86

9.7.4 Key Development 86

9.7.5 SWOT Analysis 86

9.7.6 MRFR Analysis 87

9.8 Microfluidica, LLC 88

9.8.1 Company Overview 88

9.8.2 Product/Business Segment Overview 88

9.8.3 Financial Overview 88

9.8.4 SWOT Analysis 89

9.8.5 MRFR Analysis 89

9.9 Servoflo Corporation 90

9.9.1 Company Overview 90

9.9.2 Product/Business Segment Overview 90

9.9.3 Financial Overview 90

9.9.4 Key Development 91

9.9.5 SWOT Analysis 91

9.9.6 MRFR Analysis 92

9.10 Takasago Electric, Inc. 93

9.10.1 Company Overview 93

9.10.2 Product/Business Segment Overview 93

9.10.3 Financial Overview 93

9.10.4 SWOT Analysis 94

9.10.5 MRFR Analysis 94

9.11 TOPS Industry & Technology Co. Ltd. 95

9.11.1 Company Overview 95

9.11.2 Product/Business Segment Overview 95

9.11.3 Financial Overview 95

9.11.4 Key Development 95

9.11.5 SWOT Analysis 96

9.11.6 MRFR Analysis 96

9.12 World Precision Instruments 97

9.12.1 Company Overview 97

9.12.2 Product/Business Segment Overview 97

9.12.3 Financial Overview 97

9.12.4 Key Development 97

9.12.5 SWOT Analysis 98

9.12.6 MRFR Analysis 98

9.13 Xavitech 99

9.13.1 Company Overview 99

9.13.2 Product/Business Segment Overview 99

9.13.3 Financial Overview 99

9.13.4 Key Development 99

9.13.5 SWOT Analysis 100

9.13.6 MRFR Analysis 100

TABLE 1 GLOBAL MICROPUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 24

TABLE 2 GLOBAL MECHANICAL MICRO-PUMP MARKET, BY REGION, 2013–2027 (USD MILLION) 26

TABLE 3 GLOBAL NON-MECHANICAL MICRO-PUMP MARKET, BY REGION, 2013–2027 (USD MILLION) 27

TABLE 4 GLOBAL MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 30

TABLE 5 GLOBAL MICRO-PUMP FOR PHARMACEUTICAL INDUSTRY BY REGION, 2013–2027 (USD MILLION) 30

TABLE 6 GLOBAL MICRO-PUMP FOR MEDICAL DEVICES INDUSTRY BY REGION, 2013–2027 (USD MILLION) 31

TABLE 7 GLOBAL MICRO-PUMP FOR IVD INDUSTRY BY REGION, 2013–2027 (USD MILLION) 33

TABLE 8 GLOBAL MICRO-PUMP MARKET, BY REGION, 2013–2027 (USD MILLION) 35

TABLE 9 NORTH AMERICA MICRO-PUMP MARKET, BY COUNTRY, 2013–2027 (USD MILLION) 36

TABLE 10 NORTH AMERICA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 37

TABLE 11 NORTH AMERICA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 38

TABLE 12 US MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 39

TABLE 13 US MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 39

TABLE 14 CANADA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 40

TABLE 15 CANADA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 40

TABLE 16 EUROPE MICRO-PUMP MARKET, BY COUNTRY, 2013–2027 (USD MILLION) 42

TABLE 17 EUROPE MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 43

TABLE 18 EUROPE MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 44

TABLE 19 GERMANY MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 45

TABLE 20 GERMANY MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 45

TABLE 21 FRANCE MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 46

TABLE 22 FRANCE MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 46

TABLE 23 UK MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 47

TABLE 24 UK MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 47

TABLE 25 ITALY MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 48

TABLE 26 ITALY MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 48

TABLE 27 SPAIN MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 49

TABLE 28 SPAIN MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 49

TABLE 29 REST OF WESTERN EUROPE MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 50

TABLE 30 REST OF WESTERN EUROPE MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 50

TABLE 31 EASTERN EUROPE MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 51

TABLE 32 EASTERN EUROPE MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 51

TABLE 33 ASIA-PACIFIC MICRO-PUMP MARKET, BY COUNTRY, 2013–2027 (USD MILLION) 53

TABLE 34 ASIA-PACIFIC MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 54

TABLE 35 ASIA-PACIFIC MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 55

TABLE 36 JAPAN MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 55

TABLE 37 JAPAN MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 56

TABLE 38 CHINA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 56

TABLE 39 CHINA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 57

TABLE 40 INDIA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 57

TABLE 41 INDIA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 58

TABLE 42 SOUTH KOREA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 58

TABLE 43 SOUTH KOREA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 59

TABLE 44 AUSTRALIA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 59

TABLE 45 AUSTRALIA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 60

TABLE 46 REST OF ASIA-PACIFIC MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 60

TABLE 47 REST OF ASIA-PACIFIC MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 61

TABLE 48 MIDDLE EAST & AFRICA MICRO-PUMP MARKET, BY REGION, 2013–2027 (USD MILLION) 63

TABLE 49 MIDDLE EAST & AFRICA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 63

TABLE 50 MIDDLE EAST & AFRICA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 64

TABLE 51 MIDDLE EAST MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 65

TABLE 52 MIDDLE EAST MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 65

TABLE 53 AFRICA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 66

TABLE 54 AFRICA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 66

TABLE 55 BIO-CHEM FLUIDICS: KEY DEVELOPMENT 74

TABLE 56 COLE-PARMER INSTRUMENT COMPANY, LLC.: KEY DEVELOPMENT 76

TABLE 57 DOLOMITE CENTRE LTD: KEY DEVELOPMENT 79

TABLE 58 IDEX CORPORATION: KEY DEVELOPMENT 83

TABLE 59 KNF NEUBERGER INC: KEY DEVELOPMENT 86

TABLE 60 SERVOFLO CORPORATION: KEY DEVELOPMENT 91

TABLE 61 TOPS INDUSTRY & TECHNOLOGY CO. LTD.: KEY DEVELOPMENT 95

TABLE 62 WORLD PRECISION INSTRUMENT: KEY DEVELOPMENT 97

TABLE 63 XAVITECH: KEY DEVELOPMENT 99

FIGURE 1 RESEARCH PROCESS OF MRFR 13

FIGURE 2 MARKET DYNAMICS 15

FIGURE 3 IMPACT ANALYSIS OF DRIVERS ON OVERALL MARKET GROWTH 17

FIGURE 4 IMPACT ANALYSIS OF RESTRAINTS ON OVERALL MARKET GROWTH 18

FIGURE 5 PORTERS FIVE FORCES MODEL 20

FIGURE 6 GLOBAL MICROPUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 24

FIGURE 7 GLOBAL MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 29

FIGURE 8 GLOBAL MICRO-PUMP MARKET, BY REGION, 2015 (%) 34

FIGURE 9 NORTH AMERICA MICRO-PUMP MARKET SHARE, 2015 (%) 36

FIGURE 10 NORTH AMERICA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 37

FIGURE 11 NORTH AMERICA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 38

FIGURE 12 EUROPE MICRO-PUMP MARKET SHARE, 2015 (%) 42

FIGURE 13 EUROPE MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 43

FIGURE 14 EUROPE MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 44

FIGURE 15 ASIA-PACIFIC MICRO-PUMP MARKET SHARE, 2015 (%) 52

FIGURE 16 ASIA-PACIFIC MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 53

FIGURE 17 ASIA-PACIFIC MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 54

FIGURE 18 ASIA-PACIFIC MICRO-PUMP MARKET SHARE, 2015 (%) 62

FIGURE 19 MIDDLE EAST & AFRICA MICRO-PUMP MARKET, BY TYPE, 2013–2027 (USD MILLION) 63

FIGURE 20 MIDDLE EAST & AFRICA MICRO-PUMP MARKET, BY INDUSTRY, 2013–2027 (USD MILLION) 64

FIGURE 21 COMPANY SHARE ANALYSIS 67

FIGURE 22 ADVANCED MICROFLUIDICS SA: SWOT ANALYSIS 70

FIGURE 23 ADVANCED MICROFLUIDICS SA: SWOT ANALYSIS 72

FIGURE 24 BIO-CHEM FLUIDICS: RECENT FINANCIAL 73

FIGURE 25 BIO-CHEM FLUIDICS: OPERATING SEGMENTS 74

FIGURE 26 BIO-CHEM FLUIDICS: SWOT ANALYSIS 75

FIGURE 27 COLE-PARMER INSTRUMENT COMPANY, LLC.: SWOT ANALYSIS 77

FIGURE 28 DOLOMITE CENTRE LTD: SWOT ANALYSIS 80

FIGURE 29 IDEX CORPORATION: RECENT FINANCIAL 82

FIGURE 30 IDEX CORPORATION: BUSINESS REVENUE MIX (2015) 82

FIGURE 31 IDEX CORPORATION: GEOGRAPHIC REVENUE MIX 83

FIGURE 32 IDEX CORPORATION: SWOT ANALYSIS 84

FIGURE 33 KNF NEUBERGER INC: SWOT ANALYSIS 86

FIGURE 34 MICROFLUIDICA LLC: SWOT ANALYSIS 89

FIGURE 35 SERVOFLO CORPORATION: SWOT ANALYSIS 91

FIGURE 36 TAKASAGO ELECTRIC, INC.: SWOT ANALYSIS 94

FIGURE 37 TOPS INDUSTRY & TECHNOLOGY CO. LTD.: SWOT ANALYSIS 96

FIGURE 38 WORLD PRECISION INSTRUMENT: SWOT ANALYSIS 98

FIGURE 39 XAVITECH: SWOT ANALYSIS 100