DUBLIN–(BUSINESS WIRE)–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%.
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 current version provides an overview of the global market for MEMS medical devices. This report analyzes the market trends associated with MEMS devices using data from 2020, 2021, the base year data for 2022, estimated from 2023, with projections of compound annual growth rates (CAGRs) through 2028. The report will analyze the current market drivers, restraints, and opportunities, as well as market projections for 2028.
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 devices (clinical in vitro diagnostic, point-of-care, medical research, and analytical devices). Applications covered include in vitro diagnostics, medical devices, pharmaceutical and life sciences research, and home healthcare. The market has been segmented into four regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). For market estimates, 2022 serves as the base year; forecasts are given for 2023 through 2028.
Report Includes
56 data tables and 28 additional tables
An overview of the global markets for microelectromechanical systems (MEMS) in the medical industry
Analyses 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 2028
Estimate 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 region
Facts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies and future prospects
Discussion 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 companies
Review of patents on MEMS devices in the medical industry
An 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 portfolios
Profiles of the leading market players, including TE Connectivity, Honeywell International Inc., STMicroelectronics, Teledyne Dalsa, and Silex Microsystems
Key Attributes:
Report Attribute
Details
No. of Pages
122
Forecast Period
2023 – 2028
Estimated Market Value (USD) in 2023
$4.8 Billion
Forecasted Market Value (USD) by 2028
$7.2 Billion
Compound Annual Growth Rate
8.5%
Regions Covered
Global
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Market Outlook
Market Insights
Chapter 3 Market Overview
Introduction
Technology Evolution and Advantages
MEMS Devices and Applications for the Medical Market
Regulatory Environment
Chapter 4 Market Dynamics
Overview
Market Drivers
Widening Range of Applications
Increasing Use of MEMS Devices in Healthcare
Advances in Technology
Rising Prevalences of Infectious and Chronic Diseases
Market Restraints
Lengthy and Expensive Product Development Cycles
Lack of a Standardized Fabrication Process for MEMS
Substituting Nanoelectromechanical Systems (NEMS) for MEMS
Market Opportunities
Increasing Government Investment in Healthcare
R&D of MEMS Devices for Medical Purposes
Chapter 5 Market Breakdown by Product
Introduction
MEMS Sensors
Pressure Sensors
Optical Sensors
Inertial Sensors
Other Sensors
Microfluidics/Lab-on-a-Chip
Clinical In vitro Diagnostics
Analytical In vitro Diagnostics
Point-Of-Care In vitro Diagnostics
Medical Research
Drug Delivery Devices
Micropumps
Microneedles
Inhalers/Nebulizers
Chapter 6 Market Breakdown by Application
Introduction
Home Healthcare Market
Pharmaceutical/Life Sciences Research Market
High-Throughput Screening
Genomics
Cellular Analysis
Proteomics
Other Research Applications
In-vitro Diagnostics Market
Molecular Diagnostics
Immunology
Biochemistry
Other In vitro Diagnostic Applications
Medical Devices
Diagnosis and Patient Monitoring
Surgical and Medical Equipment
Chapter 7 Market Breakdown by Region
Overview
North America
Europe
Asia-Pacific
Rest of the World
Chapter 8 ESG Development
Introduction to ESG
ESG Performance in the MEMS Market
Environmental Impact
Social Responsibility
Governance
Consumer Attitudes Towards ESG in the MEMS Industry
Case Study
Chapter 9 Emerging Technologies
Overview
Emerging Trends
Miniaturization
MEMS Mirrors
Devices
MEMS-based Piezoelectric Microphones
Nanomaterials in MEMS
MEMS Technology
Chapter 10 Patent Analysis
Chapter 11 Competitive Landscape
Competitive Analysis
M&A Analysis
Chapter 12 Company Profiles
Abbott Laboratories
All Sensors Corp.
Analog Devices Inc.
Honeywell International Inc.
Integrated Sensing Systems Inc.
Knowles Electronics Llc
Memscap
Silex Microsystems Ab
STMicroelectronics
TE Connectivity
Teledyne Dalsa
Texas Instruments Inc.
For more information about this report visit https://www.researchandmarkets.com/r/gt319c
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