The Asia Pacific Micro-pumps Market would witness market growth of 17.1% CAGR during the forecast period (2022-2028).
In the microelectronics sector, microchip cooling is accomplished via non-mechanical micro pumps. Since liquid cooling is not an option, it is important to use airflow to cool microelectronic circuits in order to prevent a reduction in performance (slower processing rates). The "Micro scale Ion Driven Air Flow" method is used by the non-mechanical micro pump to cool microchips. Ions are created in the atmosphere by colliding with electrons that have been released from a bank of cold-cathode electron emitters.
The procedure is the same as the corona wind concept in that it is accomplished at lesser voltages. A number of micro fabricated electrodes that produce powerful electric fields pump the ions through the air to move them. A diaphragm micro pump moves fluid by repeatedly actuating the diaphragm. The membrane is placed above the main pump valve, which is centered within the inlet & outlet micro valves.
In numerous healthcare sub-sectors, China, the second-largest healthcare market in the world. The most active & vitally essential segment of the healthcare market for international enterprises continues to be medical equipment. Medical equipment with advanced technology is typically imported, while low to mid-range market segments are dominated by native products. Public hospitals remain to be the largest user of medical devices in China. National Medical Products Administration of China has implemented the UDI labeling on selected Class III medical devices.
The China market dominated the Asia Pacific Micro-pumps Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $302.6 million by 2028. The Japan market is estimated to grow a CAGR of 16.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 17.8% during (2022 - 2028).
Based on Product, the market is segmented into Mechanical and Non-mechanical. Based on End User, the market is segmented into Biotechnological & Pharmaceutical Companies, Hospitals & Diagnostic Centers and Academic & Research Institutes. Based on Application, the market is segmented into Drug Delivery, In-Vitro Diagnostics, Medical Devices and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Singapore, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Micro-pumps Market is Projected to reach USD 4.2 Billion by 2028, at a CAGR of 16.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingersroll Rand, Inc. (Gardner Denver), KNF Neuberger GmbH, Alldoo Micropump Co., Ltd., Xiamen AJK Technology Co. Ltd., TOPS Industry and Technology Co., Ltd., Servoflo Corporation, Cole-Parmer Instrument Company, LLC (Antylia Scientific) (GTCR LLC), World Precision Instruments, LLC, Takasago Electric, Inc., and Dolomite Microfluidics (Blacktrace group).
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