Bio-MEMS Market 2021 Size, Status and Global Outlook - Sensera Limited, STMicroelectronics Inc., Abbott Laboratories, Teledyne DALSA Inc

The Bio-MEMS Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Bio-MEMS market is expected to register a CAGR of 16.5% in the forecast period (2020 - 2025).

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Top Leading Companies of Bio-MEMS Market are Sensera Limited, STMicroelectronics Inc., Abbott Laboratories, Teledyne DALSA Inc., Micronit Micro Technologies BV, IntelliSense Software Corporation, Koninklijke Philips N.V., uFluidix, Redbud Labs, Inc., Taylor Hobson (Ametek Inc.) and others.

Industry News and Updates

- May 2019 - Abbott launched a smartphone connected implantable cardiac monitor named 'Confirm Rx'. It is a next-generation device of paper-vhip size designed for for the remote monitoring of unpredictable heart rhythm problems, and is intended to produce fast and accurate diagnoses.
- December 2019 - equipment and process solutions provider, SUSS MicroTec, announced to enter a partnership BRIDG to invest in focused production process technologies, advanced system integration and 200mm MEMS fabrication, in order to upgrade the next-generation nanoscale technology.

Key Market Trends

Microfluidic Chips to Hold the Largest Market Share

- A microfluidic chip is a set of micro-channels etched or molded into a glass, silicon, or polymer materials such as PolyDimethylSiloxane. The chip is usually transparent and its length or width are from 1 cm to 10 cm, and the chip thickness ranges from about 0.5 mm to 5 mm. The micro-channels forming the microfluidic chip are connected together in order to achieve the desired features of mixing, pumping, sorting, or controlling the biochemical environment.
- The microfluidic chips have got traction of applications in the biomedical field as it allows the integration of many medical tests on a single chip. Also, in terms of applications, it features as the cost-effective, easy to manufacture, and easy to use which is driving its adoption rate in the field of healthcare.
- Government entities are also investing extensively in the manufacturing facilities of the microfluidic chips. For instance, in June 2019, NASA invested USD 125,000 as phase-I funding for the project by Techshot to develop in-Space manufacturing of microfluidic chips for use in biological research aboard the International Space Station.
- Also, the researchers are investing in innovating Bio-MEMS for cancer detection in blood. WHO has stated that, one in five men and one in six women worldwide develop cancer during their lifetime, and one in 8 men and one in 11 women die from the disease.

Regional Outlook of Bio-MEMS Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Bio-MEMS Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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