Navigation Links
MEMS in Medical Applications Market is Expected to Reach USD 6.5 Billion Globally in 2019: Transparency Market Research
Date:8/28/2013

NEW YORK, August 28, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research "MEMS in Medical Applications Market (Applications - Diagnostic, Monitoring, Therapeutic & Surgical, Sensor types - Pressure, Temperature, Microfluidics, Accelerometers, Flow and End Users - Home healthcare, Hospitals and Healthcare Research) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global MEMS medical applications market was valued at USD 1.8 billion in 2012 and is expected to grow at a CAGR of 20.2% from 2013 to 2019, to reach an estimated value of USD 6.5 billion in 2019.

Browse the full report at http://www.transparencymarketresearch.com/mems-medical-applications.html

Micro-Electro-Mechanical Systems, MEMS is defined as devices made up of miniaturized mechanical and electromechanical elements using micro fabrication techniques. MEMS comprises of miniaturized structures such as sensors, actuators and microelectronics. The prime elements are micro sensors and micro actuators. These are also called as transducers which help in conversion of one form of the energy into another. Technological advances have led to development of a synergistic relation between the unrelated fields such as biology and microelectronics. Moreover, increased preferences of patients towards home healthcare monitoring to reduce the hospitals costs have consequently triggered the use of MEMS technology. Demand for miniaturized and portable devices from physicians has coerced the medical manufacturers to embed MEMS sensors in their devices. MEMS technology also helps in providing rapid and accurate diagnosis of diseases.

In addition, personalized medicine and implantable sensors, though in their nascent stage, have opened new avenues for MEMS manufacturing companies. Manufacturers of MEMS are increasingly collaborating with pharmaceutical, biotech and medical device companies to make highly advanced products, with the capability to provide accurate results and keep costs low.

The MEMS in medical applications can be segmented on the basis of their use in medical devices, diagnostic devices, therapeutics devices and surgical devices. The therapeutic devices market is foreseen to have the highest growth owing to rise in use of intrathecal pumps and other targeted drug delivery methods including insulin delivery pumps.

The MEMS sensors market in medical applications includes use of various sensors such as pressure, temperature, flow, accelerometers, optical and gyroscopes. The pressure sensors accounted to have the largest market of USD 486.0 million in 2012 and are expected to grow at CAGR of 18.7% from 2013 to 2019.

Geographically, North American region captures the largest market of MEMS in medical applications and was valued to be more than USD 800 million in 2012. However, Asian countries namely India and China are witnessing fast growth and are predicted to emerge as dominating markets in the near future owing to rise in awareness and increased disposable income in these nations.

Related & Recently Published Reports by Transparency Market Research

In Vitro Diagnostics Market: http://www.transparencymarketresearch.com/in-vitro-diagnostic-tests.html

Pain Management Devices Market: http://www.transparencymarketresearch.com/pain-management-drugs-devices.html

Biosensors Market: http://www.transparencymarketresearch.com/biosensors-market.html

The MEMS in medical applications market is highly fragmented and includes major players such as GE Sensing and Control, Honeywell, Freescale, Measurement Specialties Inc, Texas Instruments, STMicroelectronics and other regional and local players.

The MEMS in Medical Applications market is segmented as follows:

MEMS in Medical Applications Market, by Applications

  • Diagnostic Devices
  • Monitoring Devices
  • Surgical Devices
  • Therapeutic Devices

MEMS in Medical Applications Market, by Type of Sensors

  • Pressure Sensors
  • Temperature Sensors
  • Flow Sensors
  • Accelerometers
  • Optical Image Sensors
  • Micro dispensers for drug delivery
  • Microfluidic Chips
  • Silicon Microphones
  • Others

MEMS in Medical Applications Market, by End Users

  • Home Healthcare
  • Healthcare Research
  • Hospitals

MEMS in Medical Applications Market, by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse all Medical Devices Market Research Reports@ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://www.transparencymarketresearch.com/
Visit: http://marketing-research-firm.blogspot.com/


'/>"/>
SOURCE Transparency Market Research
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. National coordinated health care and health IT transformation event will be hosted by OCHIN, Inc., the Oregon Medical Association, and Oregon Health Network: The cHealth Innovation Symposium
2. Healthcare Briefing - Leading Medical Companies in the News: Bio-Solutions, Catalyst Pharmaceutical, MannKind, Amgen, Accuray
3. Tyber Medical Elects Arthur Alfaro As Board Member
4. Doximity Medical Network Grows to 200,000 Physician Members
5. Nominate the 2013 Medical Device Manufacturer of the Year
6. Novan Awarded $7.8 Million Contract by BARDA to Develop a Medical Countermeasure for Thermal Burns
7. Fluke Biomedical to hold first Medical Device QA Training Summit
8. Fountain Valley Regional Medical Center Becomes Orange Countys First Hospital Awarded Advanced Certification In Inpatient Diabetes Care
9. New Study Explores Medical Affairs Capabilities in Mature and High-Growth Markets
10. ICU Medical Receives Premier Healthcare Alliance Contracts for its Complete Line of Needlefree IV Connectors, Sets and Accessories
11. MD&M Minneapolis Conference Returns, October 28-30, With a Cutting-Edge Tailored Program Addressing the Most Critical Challenges for the Medical Devices Industry for 2013 and Beyond
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... Feb. 8, 2016  Echo Therapeutics, Inc. ... company focused on non-invasive continuous glucose monitoring ... announced that it will host a webcast ... 2015 at 9:00 a.m. Eastern Time to ... corporate strategy, advancements in its CGM system, ...
(Date:2/8/2016)... -- http://www.researchandmarkets.com/research/fqx6nz/global_skin ) has announced ... Equipment Market 2016-2020" report to their offering. ... announced the addition of the "Global Skin ... offering. --> Research and ... of the "Global Skin Protective Equipment Market ...
(Date:2/8/2016)... , Feb. 8, 2016   HighPoint ... November Research Group (NRG),s pharmacovigilance technology services division.  ... consulting services and an Oracle Argus Specialized partner, ... to Life Sciences companies. --> ... expands HighPoint,s life sciences capabilities and provides a ...
Breaking Medicine Technology:
(Date:2/8/2016)... Peachtree City, GA (PRWEB) , ... February 08, 2016 , ... ... healthy and cavity-free. February is National Children’s Dental Health Month and family dentist Yvonne ... to 3 p.m. at Coast Dental , located next to Target at 1207 ...
(Date:2/8/2016)... Alexandria, Minn. (PRWEB) , ... February 08, 2016 ... ... introduces the BantamPro L top-load case packer for pouches, bags, and flow wrapped ... designed to help co-packers and specialty product manufacturers step up to semi-automatic or ...
(Date:2/8/2016)... ... February 08, 2016 , ... The ... has selected the latest beneficiary of their ongoing community enrichment program. The current ... in area schools. Donations are now being accepted at: http://www.angelsanddoves.com/donate.html . , ...
(Date:2/8/2016)... ... ... Remember the old saying “rub some dirt on it”? Perhaps you should try using ... the health benefits of integrating clay into a daily diet are numerous, as clay ... speaker, Perry A~ has since dedicated her life to learning about the benefits of ...
(Date:2/8/2016)... CA (PRWEB) , ... February 08, 2016 , ... ... showing greater than 50% lower incidence rate of type 2 diabetes in the ... averages. ”It is time to make a change in public health,” states Carole ...
Breaking Medicine News(10 mins):