Since microfluidics technology enables the creation of portable and wearable goods that could assure accurate and consistent drug delivery, technologically advanced systems like implantable drug delivery systems can present considerable growth potential for market participants. Insulin pumps are the most extensively utilised microfluidics-based drug delivery devices, and various related micropumps development strategies are now in the works. Within the next two to three years, these devices should become more widely accessible.
Microfluidics Market is anticipated that the key advantages of microfluidics, such as the controlled release of medications and biocompatibility, will offer significant prospects for technology adoption. Researchers are concentrating on creating intelligent pills and subcutaneous patches for controlled release in addition to portable, wearable, and implantable technologies. The release can be better managed by using microtechnologies to create diffusion barriers. Pharmaceutical and medical device firms are spending a lot of money creating novel drug delivery systems employing microfluidics technology in an effort to take advantage of the rapid growth in Microfluidics Market.
Source Link- https://cmi-latestreportorientedblogs.blogspot.com/2023/01/microfluidics-market-size-share-outlook.html
