Global Medical MEMS Market

Global Medical MEMS Market Size, Share, Growth Analysis, By Sensor Type(Pressure Sensors, Microfluidic Device Sensors), By Application(Monitoring, Diagnostic Devices), By End User(Hospitals, Clinics) - Industry Forecast 2023-2030


Report ID: SQSG35A2091 | Region: Global | Published Date: February, 2024 | Pages: 244 | Tables: 96 | Figures: 76

Global Medical MEMS Market Insights

Global Medical MEMS Market size was valued at USD 2.74 billion in 2021 and is poised to grow from USD 2.84 billion in 2022 to USD 3.77 billion by 2030, growing at a CAGR of 3.6% in the forecast period (2023-2030). 

Micro-Electro-Mechanical Systems, or MEMS for short, is a technology that integrates physical, chemical, and biological elements including computing, light, and chemistry on a single chip. MEMS frequently includes tiny structures, sensors, and microelectronics. MEMS chips may be made in great numbers using modified semiconductor techniques. Since MEMS can simulate human senses and may one day be utilised to replace or enhance certain senses, they have implications for medicine. MEMS may also be utilised for less complex activities like executing a medical test, monitoring blood pressure within the body, and sequencing DNA. Due to a number of factors, such as their expanding applications in healthcare, innovations, a revolution, and growth in the personal healthcare market, including wireless implants, as well as rising awareness of and access to healthcare, there has been an increase in demand for MEMS devices in the medical sector.

The medical micro-electromechanical systems market is anticipated to grow significantly as the electronics sector changes. The MEMS technology of conventional sensors is the main topic. MEMS devices will undoubtedly become more popular as the Internet of Things continues to grow rapidly in applications like tracking systems and building automation. Additionally, the expansion of MEMS technology research and development has stimulated the creation of novel products by international medical technology firms.

US Medical MEMS Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 2.74 billion

Fastest Growth

Therapeutic Devices

Growth Rate

3.6% CAGR

Global Medical MEMS Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2022 (%)
Global Medical MEMS Market Size By Application, 2021-2028 (%)

To get more reports on the above market click here to Buy The Report

Global Medical MEMS Market Segmental Analysis

Medical MEMS Market is segmented based on the Sensor type, Application, End User, and region. Based on Sensor Type, the Medical MEMS Market is segmented into Pressure Sensors, Microfluidic Device Sensors, Accelerometers, Gyroscopes, Optical Sensors, Microphones, and Others. On the basis of application, Medical MEMS Market is categorized into Monitoring and Diagnostic Devices, Surgical Devices, and Therapeutic Devices. According to end user, the Medical MEMS Market is divided into Hospitals and Clinics, Research Institutions, and Biotechnology Companies. Based on Region, Medical MEMS Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Medical MEMS Market Analysis by Sensor Type

The pressure sensor segment held the highest Global Medical MEMS Market share in 2021. The pressure sensor segment is further sub segmented into anesthesia delivery machines, blood gas analyzers, blood pressure monitors, cardiac pumps, infusion pumps, insulin pumps, kidney dialysis machines, respiratory monitors and sleep apnea machines. The use of pressure sensors in non-invasive medical procedures like managing the air pressure in breathing equipment and checking blood pressure is not new. Recently, the miniaturisation offered by MEMS devices has allowed usage in more intrusive applications such as catheter tip sensors as well as for implanted devices monitoring qualities like blood pressure and heart rate.

The drug delivery micro dispensers segment is anticipated to grow at a high CAGR during the forecast period. The segment is further sub segmented into inhalers, micro pumps and micro needles. A drug reservoir, micropumps, valves, microsensors, microchannels, and essential supporting circuits make up an integrated drug delivery system (DDS). A typical micropump is a MEMS device, which offers the actuation source to precisely, accurately, and reliably transport the fluid (drug) from the drug reservoir to the body (tissue or blood artery). As a result, micropumps are a crucial part of the drug delivery systems.

Medical MEMS Market Analysis by Application

The monitoring and diagnostic devices segment held the greatest revenue share in 2021. Today, a wide range of disorders, are being quickly and accurately detected, their course being tracked, and their therapy being administered using microfluidics (Lab-on-a-chip) and MEMS sensors. Even for micro- and nanoscale measurements IN invasive applications, continued downsizing and design advancements have produced more accurate sensors and actuators for healthcare applications. Important equipment for the diagnosis and treatment of a variety of illnesses uses or has the potential to employ MEMS sensors.

Over the course of the projected period, the therapeutics devices segment is anticipated to experience significant revenue growth. Clinical medical situations often need making important therapeutic decisions. Accuracy, speed, accessibility, cost-effectiveness, and mobility are requirements under these circumstances. To deal with these difficulties, new technologies have been created. Two of these technologies are microfluidics and micro electro-mechanical systems. These technologies are being turned into portable gadgets that may be utilised at the bedside or in remote locations. With successful marketed products now being incorporated into vitro, ex vivo, and in vivo systems, MEMS-based sensors constitute a highly developed sector.

Global Medical MEMS Market By Application, 2021 (%), 2021 (%)

To get detailed analysis on other segments, Request For Sample Report

Global Medical MEMS Market Regional Insights

North America held the highest Global Medical MEMS Market share. As many tech businesses in the region spend and engage themselves in commercialising the items in the market, the North American region is one of the early adopters of the developing technology. Due to the rising prevalence of chronic illnesses in the US, there has recently been persistent worry about the health of the people. Companies in the region are heavily investing in self-monitoring tools like blood glucose metres and point-of-contact testing programmes because they save healthcare costs and save time. Growth of the medical MEMS market in the region is anticipated to increase as a result of such investments and the commercialization of these products. Additionally, businesses in the region are pursuing development prospects for medical MEMS applications by increasing their production facilities, which might increase North America market growth.

Asia Pacific is expected to register the highest growth rate during the forecast period. This can be attributed to the fact that there are many companies that manufacture semiconductors. The existence of the consumer electronics and automotive component industries in nations like China, Taiwan, and South Korea is another factor influencing the Medical Microelectromechanical Systems (MEMS) Market in the Asia Pacific region. Additionally, cost-cutting is possible due to low labour costs and inexpensive raw materials, which contributes to the Asia Pacific market expansion.

Global Medical MEMS Market By Geography, 2021-2028, 2023-2030
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Global Medical MEMS Market Dynamics

Medical MEMS Market Driver

  • Healthcare MEMS has made it feasible to monitor patients in real time without admitting them to hospitals, improving, more cheaply, quickly, and more widely accepted healthcare.
  • A growing demand for smart sensor technologies and monitoring devices that can sense, classify, and provide feedback on users' health status and physical activity as well as evaluate environmental and safety conditions has emerged over the past few decades due to the public awareness of healthcare, physical activity, safety, and environmental sensing.
  • Medical MEMS in medical applications is driven by a number of factors, including rising population's interest in portable and home-care devices, growing elderly population, rising technical development in MEMS-related technology, decreasing costs associated with MEMS technology, rising government initiatives, and increase in the use of MEMS-related products.
  • The main factor anticipated to boost growth of the global medical micro-electro mechanical systems (MEMS) market is the rising popularity of wearable technologies like smart watches.

Medical MEMS Market Restraint

  • Key restraints on the growth of the global medical micro-electro mechanical systems market over the forecast period are likely to be high development costs of MEMS devices, strict government requirements for product approval, and reliability difficulties of MEMS devices. Additionally, delays in FDA approvals and lack of testing standards are limiting market growth throughout the projection period.

Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report

Global Medical MEMS Market Competitive Landscape

Global Medical MEMS Market is slightly fragmented with few major global players. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies such as innovations, mergers, and acquisitions, collaborations and partnerships. Key players in the market include Honeywell Sensing and Control, Abbott Laboratories, Flexpoint Sensor Systems, Analog Device Inc. and GE measurement and control solutions. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Medical MEMS Market Top Player's Company Profiles

  • Medtronic (US)
  • Abbott Laboratories (US)
  • Johnson & Johnson (US)
  • GE Health Care (US)
  • Siemens Healthineers (Germany)
  • Philips Health Care (Netherlands)
  • Stryker Corporation (US)
  • Baxter International Inc. (US)
  • Becton, Dickinson and Company (US)
  • Roche Diagnostics (Switzerland)
  • Boston Scientific Corporation (US)
  • Thermo Fisher Scientific Inc. (US)
  • Olympus Corporation (Japan)
  • Carl Zeiss Meditec AG (Germany)
  • C.R. Bard, Inc. (US)
  • 3M Health Care (US)
  • Hologic, Inc. (US)
  • Hitachi Medical Corporation (Japan)
  • Terumo Corporation (Japan)
  • Smith & Nephew plc (UK)

Medical MEMS Market Recent Developments

  • In April 2022, USound, a global manufacturer of micro-electro-mechanical systems (MEMS) loudspeakers for portable electronics and wearable technologies, announced the launch of MEMS speakers that are completely compliant with MRI-compatible headphones and accessories. These headphones will let patients undergoing MRI scans communicate, have fun, and get audible feedback thanks to a current partnership between NordicNeuroLab and USound.
  • In February 2022, The CardioMEMSTM HF System from Abbott received approval from the U.S. Food and Drug Administration (FDA) for an extended indication to assist the care of additional patients who are suffering from heart failure. The number of U.S. patients1 who are now qualified to receive the benefits of advanced monitoring with the CardioMEMS sensor has increased by 1.2 million as a result of the enlarged indication, a considerable improvement over the present addressable population. Doctors can prevent increasing heart failure with the help of the sensor's early warning system.

Global Medical MEMS Key Market Trends

  • The performance of thin-film piezo materials has greatly increased over the past two decades and has caught up to that of their crystalline counterpart, increasing the efficiency and sensitivity of ultrasonic transmission. Inkjet printers, gesture recognition, speakers, autofocus modules, fingerprint sensors, time of flight sensors, and other consumer applications are just a few of the ones that have developed. Currently the ultrasound transducer market is flourishing. The most recent ultrasound transducer is a piezoelectric micromachined ultrasonic transducer (pMUT), which combines the advantages of classic discrete transducers with those of integration. It is based on deposited piezoelectric layers on silicon MEMS wafers.

Global Medical MEMS Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Medical MEMS Market analysis, medical MEMS systems' primary application fields are diagnostic and therapeutic devices, which is anticipated to drive the market's expansion during the next years. Additionally, major market participants are concentrating on obtaining funding for the creation of new products and broadening their product line. Also, the primary factor anticipated to promote growth of the global medical MEMS market is the rising popularity of wearable technology like smart watches.

Report Metric Details
Market size value in 2021 USD 2.74 billion
Market size value in 2030 USD 3.77 billion
Growth Rate 3.6%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Sensor Type
    • Pressure Sensors, Microfluidic Device Sensors, Accelerometers, Gyroscopes, Optical Sensors, Microphones, Others
  • Application
    • Monitoring, Diagnostic Devices, Surgical Devices, Therapeutic Devices
  • End User
    • Hospitals, Clinics, Research Institutions, Biotechnology Companies
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Medtronic (US)
  • Abbott Laboratories (US)
  • Johnson & Johnson (US)
  • GE Health Care (US)
  • Siemens Healthineers (Germany)
  • Philips Health Care (Netherlands)
  • Stryker Corporation (US)
  • Baxter International Inc. (US)
  • Becton, Dickinson and Company (US)
  • Roche Diagnostics (Switzerland)
  • Boston Scientific Corporation (US)
  • Thermo Fisher Scientific Inc. (US)
  • Olympus Corporation (Japan)
  • Carl Zeiss Meditec AG (Germany)
  • C.R. Bard, Inc. (US)
  • 3M Health Care (US)
  • Hologic, Inc. (US)
  • Hitachi Medical Corporation (Japan)
  • Terumo Corporation (Japan)
  • Smith & Nephew plc (UK)
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Medical MEMS Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Medical MEMS Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Medical MEMS Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Medical MEMS Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Medical MEMS Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Medical MEMS Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

SPEAK TO AN ANALYST

FAQ's

Global Medical MEMS Market size was valued at USD 2.74 billion in 2021 and is poised to grow from USD 2.84 billion in 2022 to USD 3.77 billion by 2030, growing at a CAGR of 3.6% in the forecast period (2023-2030). 

Global Medical MEMS Market is slightly fragmented with few major global players. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies such as innovations, mergers, and acquisitions, collaborations and partnerships. Key players in the market include Honeywell Sensing and Control, Abbott Laboratories, Flexpoint Sensor Systems, Analog Device Inc. and GE measurement and control solutions. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Medtronic (US) ', 'Abbott Laboratories (US) ', 'Johnson & Johnson (US) ', 'GE Health Care (US)', 'Siemens Healthineers (Germany)', 'Philips Health Care (Netherlands)', 'Stryker Corporation (US)', 'Baxter International Inc. (US)', 'Becton, Dickinson and Company (US)', 'Roche Diagnostics (Switzerland)', 'Boston Scientific Corporation (US)', 'Thermo Fisher Scientific Inc. (US)', 'Olympus Corporation (Japan)', 'Carl Zeiss Meditec AG (Germany)', 'C.R. Bard, Inc. (US)', '3M Health Care (US)', 'Hologic, Inc. (US)', 'Hitachi Medical Corporation (Japan)', 'Terumo Corporation (Japan)', 'Smith & Nephew plc (UK)'

Healthcare MEMS has made it feasible to monitor patients in real time without admitting them to hospitals, improving, more cheaply, quickly, and more widely accepted healthcare.

The performance of thin-film piezo materials has greatly increased over the past two decades and has caught up to that of their crystalline counterpart, increasing the efficiency and sensitivity of ultrasonic transmission. Inkjet printers, gesture recognition, speakers, autofocus modules, fingerprint sensors, time of flight sensors, and other consumer applications are just a few of the ones that have developed. Currently the ultrasound transducer market is flourishing. The most recent ultrasound transducer is a piezoelectric micromachined ultrasonic transducer (pMUT), which combines the advantages of classic discrete transducers with those of integration. It is based on deposited piezoelectric layers on silicon MEMS wafers.

North America held the highest Global Medical MEMS Market share. As many tech businesses in the region spend and engage themselves in commercialising the items in the market, the North American region is one of the early adopters of the developing technology. Due to the rising prevalence of chronic illnesses in the US, there has recently been persistent worry about the health of the people. Companies in the region are heavily investing in self-monitoring tools like blood glucose metres and point-of-contact testing programmes because they save healthcare costs and save time. Growth of the medical MEMS market in the region is anticipated to increase as a result of such investments and the commercialization of these products. Additionally, businesses in the region are pursuing development prospects for medical MEMS applications by increasing their production facilities, which might increase North America market growth.

Speak With Our Analyst

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Medical MEMS Market

Product ID: SQSG35A2091

$5,300
BUY NOW GET SAMPLE