DUBLIN, Feb. 22, 2024 /PRNewswire/ — The ‘Microelectromechanical Systems (MEMS) in Global Medical Markets’ report has been added to ResearchAndMarkets.com’s offering.
The Global Microelectromechanical Systems (MEMS) in the Medical Market was valued at USD 4.8 billion in 2023 and is expected to reach USD 7.2 billion in 2028, rising at a CAGR of 8.50%.
The products covered in this report include sensors (pressure, inertial, optical, magnetic, temperature and other sensors), drug delivery systems (inhalers/nebulizers, microneedles and micropumps), and microfluidic and lab-on-a-chip (LOC) devices (clinical in vitro diagnostic, point-of-care, medical research and analytical devices).
Of these, microfluidic and LOC devices account for the largest segment of the MEMS device market. In terms of microfluidic devices, the key potential lies in developing cartridges that are highly sensitive, multichannel and multiplexing systems.
The market is also segmented by application, which in this report includes pharmaceutical and life sciences research (high throughput, cellular analysis, genomics, proteomics and others), in vitro diagnostics (molecular diagnostics, immunology, biochemistry and others), and home healthcare and medical devices (diagnosis and patient monitoring, and surgical and medical equipment).
Application areas that hold immense potential for future growth include drug delivery devices, devices for medical research (especially genomics, cellular analysis and high throughput), cardiology, ophthalmology, endocrinology, in vitro diagnostics and tissue regeneration.
Drug delivery systems (DDS) based on organic, inorganic and hybrid nanoparticles are being developed as drug carriers for active targeting, especially in chemotherapy. The newest generation of DDS are designed with qualities such stability, toxicity, prolonged delivery, precise site targeting, higher permeability, increased solubility and reduced particle sizes. Compared to traditional dosage forms, they can greatly enhance the medicinal agent’s performance.
MEMS technology creates miniature drug delivery systems using polymers, micropumps, sensors, microvalves, reservoirs, actuators and high-performance computers, among other materials like silicon, glass, metals, and nitrides. However, because there are not enough refilling techniques, they would need frequent replacement procedures, making them less appropriate for long-term use. Furthermore, microvalves are used to regulate the rate of fluid flow, seal, and turning the delivery device on and off.
The Report Includes
56 data tables and 28 additional tablesAn overview of the global markets for microelectromechanical systems (MEMS) in the medical industryAnalyses of the global market trends, with historical market revenue data (sales figures) from 2020 to 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028Estimate of the current market size and revenue forecast for MEMS devices in global medical markets, and a corresponding market share analysis based on product, application and regionFacts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies and future prospectsDiscussion of sustainability trends and ESG trends in the global market, with emphasis on consumer attitudes, ESG score analysis, case studies and the ESG practices of leading companiesReview of patents on MEMS devices in the medical industryAn analysis of the industry structure, including company market shares, recent M&A activity and venture funding.Competitive intelligence related to leading companies, their global rankings, recent developments, key financials and segmental revenues, and product portfoliosProfiles of the leading market players, including TE Connectivity, Honeywell International Inc., STMicroelectronics, Teledyne Dalsa, and Silex Microsystems
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Technology Evolution and AdvantagesMEMS Devices and Applications for the Medical MarketRegulatory Environment
Chapter 4 Market Dynamics
Market DriversWidening Range of ApplicationsIncreasing Use of MEMS Devices in HealthcareAdvances in TechnologyRising Prevalences of Infectious and Chronic DiseasesMarket RestraintsLengthy and Expensive Product Development CyclesLack of a Standardized Fabrication Process for MEMSSubstituting Nanoelectromechanical Systems (NEMS) for MEMSMarket OpportunitiesIncreasing Government Investment in HealthcareR&D of MEMS Devices for Medical Purposes
Chapter 5 Market Breakdown by Product
MEMS SensorsPressure SensorsOptical SensorsInertial SensorsOther SensorsMicrofluidics/Lab-on-a-ChipClinical In vitro DiagnosticsAnalytical In vitro DiagnosticsPoint-Of-Care In vitro DiagnosticsMedical ResearchDrug Delivery DevicesMicropumpsMicroneedlesInhalers/Nebulizers
Chapter 6 Market Breakdown by Application
Home Healthcare MarketPharmaceutical/Life Sciences Research MarketHigh-Throughput ScreeningGenomicsCellular AnalysisProteomicsOther Research ApplicationsIn-vitro Diagnostics MarketMolecular DiagnosticsImmunologyBiochemistryOther In vitro Diagnostic ApplicationsMedical DevicesDiagnosis and Patient MonitoringSurgical and Medical Equipment
Chapter 7 Market Breakdown by Region
Chapter 8 ESG Development
Chapter 9 Emerging Technologies
Emerging TrendsMiniaturizationMEMS MirrorsDevicesMEMS-based Piezoelectric MicrophonesNanomaterials in MEMSMEMS Technology
Chapter 10 Patent Analysis
Chapter 11 Competitive Landscape
Chapter 12 Company Profiles
Abbott LaboratoriesAll Sensors Corp.Analog DevicesHoneywell InternationalIntegrated Sensing SystemsKnowles ElectronicsMemscapSilex MicrosystemsSTMicroelectronicsTE ConnectivityTeledyne DalsaTexas Instruments
For more information about this report visit https://www.researchandmarkets.com/r/429en2
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