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MedTech

The market for microfluidic-based products is growing sharply. In its Status of the Microfluidics Industry report, Yole Développement values the 2017 market for microfluidic products at a $9B.

StatusofMicrofluidics Yole 2017

Source: Status of the Microfluidics Industry, 2017, Yole Développement

Microfluidic technologies have finally found sweet spots and there are already credible options for the next upsurge. But there is also consolidation in the industry. All along the supply chain, companies are moving, diversifying their activities to capture value and/or remain competitive. Despite impressive growth for most microfluidics players some of them are experiencing hard times. This is the case for Fluidigm, which after years of impressive growth has seen its revenues decrease during the last two years.

Focus on the molecular diagnostics dynamics micronews Yole May 2017

Source: Status of the Microfluidics Industry, 2017, Yole Développement

Fluidigm is considered as a pioneer in microfluidic technologies, in particular gene sequencing and genomics. In 2009, Fluidigm was described as “the world's leading manufacturer of microfluidic devices” by the Nanotechnology Business Journal. In its FLUIDIGM: Patent portfolio analysis report, Knowmade shows that Fluidigm started the development of its patent portfolio in the early 2000s. The number of new patents filed each year by Fluidigm has remained stable since then. However, recently its technologies and claimed inventions have evolved considerably. This shift can be correlated to its decrease in revenue. Combining their reports, Yole Développement and Knowmade reveal an interesting strategic shift by Fluidigm due to strengthening competition in its core technology. Will this repositioning allow Fluidigm to get back to growth?

FLUIDIGM

Source: FLUIDIGM: Patent portfolio, May 2017, KnowMade

Yole Développement and KnowMade joined forces at Lab-on-a-Chip & Microfluidics 2017 in Munich to share their visions on the microfluidics industry’s current adaptations.

Live from Lab-on-a-Chip & Microfluidics 2017 in Munich.

The 9th Annual Lab-on-a-Chip & Microfluidics conference is ongoing in Munich, with more than 300 delegates from around the world. This year, the congress features the emerging themes in microfluidics and point-of-care diagnostics and focuses on organs-on-chips — an emerging application for microfluidics.

Select Biosciences maintains its leadership in organizing lab-on-a-chip focused conferences. It will continue to add new topics and tracks to follow the evolution of this industry, following its trajectory of innovation in technology development as well as applications in many areas.

The conference is also the place where companies announce new technologies or product developments, such as Fluigent, who yesterday launched its new Flow EZ™ flow controller.

Benjamin Roussel, MedTech Business Unit Manager at Yole Développement, gave an excellent talk yesterday about the microfluidics industry landscape. This complete overview with combined patent analysis and market analysis was appreciated by a large audience. The quantitative market analysis is an excellent complement to the scientific presentations at the congress and provides a framework for commercialization in this space.

Select Biosciences and Yole Développement partner on several events and will be pleased to meet you at them in future. Please check here for agendas.

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Source: www.yole.fr

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