Bio-MEMS Market Analysis, Size, Regional Outlook, Share, Trend, Growth, Analysis

Posted by akshayparmar on November 3rd, 2017

Bio-MEMS Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025, the global bio-MEMS market was valued at US$ 725 Mn in 2016, and is expected to reach US$ 2,980 Mn by 2025 expanding at a CAGR of 12.33 % from 2017 to 2025.

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Market Insights

Advancement in microelectromechanical systems has facilitated the micro fabrication of polymeric substrates and development of bio-MEMS which finds diverse application in drug therapy, diagnosis, cell culture studies etc. For the purpose of this study, the global bio-MEMS market is segmented into types gyroscopes, accelerometers and others, and applications such as neural implants, bionics, ENT implants, cardio-MEMS and others. In base year 2016, accelerometers are leading the types segment due to technical innovations, wide application in the biomedical sector e.g. the use of accelerometers in pacemaker has revolutionized the treatment of cardiac disease.

The bio-MEMS market is technologically driven and includes major players such as Boston Scientific Corporation, Baxter International, Inc., Abbott Laboratories, Becton Dickinson and Company etc. are few market leaders in bio-MEMS market and compete to augment their foothold in the market.

Key Market Movements:

- Higher prevalence of critical illness requiring medical intervention
- Technological advancement in the bio-MEMS market providing better patient suitability at low cost
- Increasing government and non-government funding in the R&D facilities promoting bio-MEMS market
- Affordable reimbursement policies

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Global Bio-MEMS Market Portraiture
2.2 Global Bio-MEMS Market, by Type, 2016 (US$ Mn) 
2.3 Global Bio-MEMS Market, by Application, 2016 (US$ Mn) 
2.4 Global Bio-MEMS Market, by Geography, 2016 (Value %)

Chapter 3 Global Bio-MEMS Market: Market Dynamics and Future Outlook
3.1 Overview
3.2 Market Drivers
3.2.1 Rising prevalence of critical illnesses requiring medical intervention
3.2.2 For a full, detailed list, browse our report
3.3 Market Restraints

Chapter 4 Global Bio-MEMS Market, by Type, 2015-2025 (US$ Mn)
4.1 Introduction
4.2 Gyroscopes
4.3 Accelerometers

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