Innovation in microelectromechanical devices used in the medical industry is being driven by increasing applications in the growing personal healthcare market. An increasing preference for home healthcare monitoring to reduce hospitals costs have triggered a shift toward MEMS technology. Rising R&D focus on MEMS for the medical sector, an aging population, and a growing number of chronic lifestyle diseases will shape significant growth in this market over the near term.
BCC Research provides an in-depth analysis of the MEMS devices market for the medical industry through its report MEMS Devices in Global Medical Markets. According to the report, this market was valued at $1.6 billion in 2011 and reached $1.9 billion in 2012. BCC Research projects the market to grow to $5.1 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 22% from 2012 to 2017.
Use this report to:
- Gain an overview of the use of MEMS systems in global medical markets.
- Analyze global market trends, with historical data from 2010, 2011, and 2012, and projections of CAGRs through 2017.
- Evaluate a breakdown of market definition and technology growth, market dynamics, drivers, restraints, opportunities and challenges, and the competitive environment.
- Examine market segmentation by products, including pressure sensors, accelerometers, flow sensors, microphones, drug-delivery devices, gyroscopes, and lab-on-a-chip.
- Assess research applications, diagnostics, home healthcare, and therapeutic/medical devices.
- Comprehensive company profiles of key players in the industry.
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