Microfluidics market reached $1.7 bln in 2003

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 InStat/MDR 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.