INKJETS HELP MICROFLUIDICS INDUSTRY
INKJETS HELP MICROFLUIDICS INDUSTRY
2004-03-01 at 9:05:00 am #6288In-Stat/MDR Reports Microfluidics Making a Splash Outside of Inkjet PrintingSCOTTSDALE, Ariz.–(BUSINESS WIRE)–The field of microfluidics, which deals with the moving of minute amounts of fluids through simple or complex arrays of channels, nozzles, pumps, valves, and needles, is finding its way into applications beyond inkjet printing, reports In-Stat/MDR (http://www.instat.com). From automotive hydraulics, semiconductor production, and new means of drug delivery, to next-generation, propellant-free aerosols and fuel cells for consumer electronics, microfluidics technologies are on the move and continue to expand their reach. Excluding lab-on-a-chip, revenues for microfluidics are forecast by the high-tech market research firm to grow at a Compound Annual Growth Rate (CAGR) of 10.3%, from nearly $1.7 billion in 2003, to more than $2.7 billion in 2008.
“The need to precisely control the movement of fluid at the micro scale has become increasingly important over the past two decades. Nowhere is this more evident than in inkjet printing systems, which has rapidly refined itself since first introduced,” says Marlene Bourne, a Senior Analyst with In-Stat/MDR. “In many ways, inkjet technology has opened the doors to other applications that could benefit from new means of circulating, controlling, dispensing, dosing, emulsifying, filling, metering, mixing, propelling, pumping, rinsing, and spraying fluids of all types. These range from inks, medications, and biological materials, to gases, chemicals, and polymers. The potential is virtually endless.”
In-Stat/MDR has also found that:
– Inkjet printing remains the dominant source of revenue and unit shipments for this unique MEMS (Micro-Electro-Mechanical Systems) category.
– With the exception of computing, all other markets are only just beginning to embrace microfluidics technology. Even so, several do have considerable potential — most notably automotive and consumer — provided the devices being developed for those segments can be brought to market in a cost-effective manner.
– Nozzles are currently the overwhelming kings of the microfluidics segment, followed very distantly by valves, pumps, and needles, respectively. Given the continued strong growth prospects in the broader applications of inkjet printing, this will change very little over the next 5 years.
The report, “Microfluidics Part I: Inkjet, Drug Delivery, Fuel Cells, and More” (#IN0401415EA), takes a look at the microfluidics segment (excluding lab-on-a-chip) and the companies, devices, and applications that will benefit most from the years of research in this field. Forecasts of unit shipments and revenues are provided through 2008. To purchase this report, or for more information, please visit: http://www.instat.com/catalog/Scatalogue.asp?id=47 or contact Rick Vogelei at 480-609-4533; email@example.com. The report price is $2,995 U.S. Dollars.
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