Dr. Marjorie Villien (Yole Developpement, France), 29th June 2017- Bw403

Dr. Marjorie Villien


From Yole Developpement, France 


Status of the microfluidics industry and special focus on an emerging application: organs-on-chips


Microfluidic technologies have been around for a while, but only in the last few years have certain applicationsstarted benefiting from microfluidic breakthroughs. First, next-generation sequencing (NGS) found new possibilitiesenabled by microfluidics; next, in 2014/2015, point-of-care (PoC) testing (especially molecular diagnosticsfor decentralized use) began reaping microfluidic technologies’ full benefits. These applications are still drivingthe microfluidics industry’s growth and structure.From microfluidic devices like manufactured chips, delivery tools, and dispensers, microfluidic-based products(i.e. diagnostic tests with reagents, vaccines, and cartridges) are provided to end-users, offering numerous possibilities.Yole Développement announces a $2.5B microfluidic device market in 2017 and forecasts a $5.8B marketby 2022 (CAGR2017-2022 = 18%). The industry’s growth is not surprising, given the high demand from end-usersfor increasingly automated, integrated, miniaturized solutions. And the microfluidics industry could experienceadditional growth booms in the next few years. Organs-on-chips is a microfluidics application with the potential to become a multi-billion-dollar market,enabling more predictive models for drug and compound testing. These combinations of micro-technology andbiology reconstitute the physiological and mechanical functionsof human organs under the form of micro-engineereddevices lined with living cells. Depending on the speed ofadoption, and on the ability of organs-on-chips companies toovercome technical challenges and to upscale production, wewill detail different scenarios in this presentation in which themarket could grow at a compound annual growth rate from2017-2022 of 38-57% to reach $60M-$117M in 2022. And this isonly a first step. There is no doubt such technologies have thepotential to become a multi-billion dollar market in the mid- tolong-term future, given the billions of dollars they could helpthe industry to save every year.