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Feb 1st, 2012
Microfluidics sector poised for 23% growth
Heavy recent investment by big players and significant new technologies now poised for introduction are accelerating the growth of the microfluidics market, pushing it towards $4 billion by 2016.
We estimate sales of microfluidic devices were up a healthy 19% in 2011, reaching roughly $1.3 billion, outpacing the 18% growth the sector saw from 2008 to 2010. We expect growth to pick up further over the next few years, with sales of fab-level microfluidics devices (not including chemistry) to average 23% annual compound growth through 2016, pushing the sector to almost $4 billion...
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