Healthcare Bio-MEMS Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 | Becton Dickinson,Abbott Laboratories,Boston Scientific,Perkin Elmer

In the forecast period 2021-2027, the “Healthcare Bio-MEMS Market” study extensively describes the demand and consumption of numerous products/services related to the growth dynamics of the market. In quantitative terms, a comprehensive market assessment of the many opportunities in the market segment is carried out. The Healthcare Bio-MEMS market covers several areas including constraints, issues and opportunities, as well as geographic considerations. Customers will benefit from this study because it provides historical and statistically significant data, which makes it useful and informative.

In accordance with the Healthcare Bio-MEMS marketplace is about to develop at a CAGR of 24.9% over the forecast period (2021-2027).

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Major Companies:

Becton Dickinson,Abbott Laboratories,Boston Scientific,Perkin Elmer,Medtronic,Baxter International Inc.,Teledyne Dalsa Inc.,Cepheid,Bluechiip

Recent Development:

May 2019 - Abbott launched a smartphone connected implantable cardiac monitor named 'Confirm Rx'. It is a next-generation device of a paper-vhip size designed 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 with BRIDG to invest in focused production process technologies, advanced system integration and 200mm MEMS fabrication, in order to upgrade the next-generation nanoscale technology.
For instance, Siemens Helathneers recently announced the expansion of its manufacturing facility in Canada. The company has planned to offer a wireless solution that enables comprehensive blood analysis testing at the patient’s side on a single room-temperature test card, with results in less than a minute.

Medtronic has acquired 60 companies, including 14 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets. Medtronic’s largest acquisition to date was in 2014 when it acquired Covidien for $42.9B. Its largest disclosed sale occurred in 2017 when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company’s most targeted sectors include medical products (88%) and healthcare services (8%).

Market Segmentation:

By Type:

Microfluidic Chips
Pressure Sensor
Accelerometer
Microphones
Flow Meter
Other

By Application:

Hospital
Clinic
Other

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North America Region to Grow Significantly
The North American region is one of the early adaptors to emerging technologies as many tech companies in the region invest and indulge themselves in commercializing the products in the market. Recently with the ongoing concern about population health in the United States due to the increasing rate of chronic diseases in the country. According to the Center for Disease Control and Prevention, currently, at least one in six American people are suffering from any of the chronic diseases.
The companies in the region are extensively investing in point-of-contact testing applications and self-monitoring devices such as blood glucose testing; because it reduces the cost of healthcare and saves time. Such investments and commercialization of these products are expected to create demand for the Bio-MEMS market in the region.
Moreover, the companies in the region are seeking growth opportunities for the applications of Bio-MEMS by expanding their manufacturing plants which may fuel the demand for the market in North America.

The Global Healthcare Bio-MEMS Market is further categorized by region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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Objectives of this report:

To estimate the market size for the Healthcare Bio-MEMS market on a regional and global basis.
To identify major segments in the Healthcare Bio-MEMS market and evaluate their market shares and demand.
To provide a competitive scenario for the Healthcare Bio-MEMS market with major developments observed by key companies in the historic years.
To compare key elements governing the dynamics of the Healthcare Bio-MEMS marketplace with their capacity gravity at some point of the forecast period.

Reasons to Buy This Report:

Provides area of interest insights for selections approximately every feasible phase supporting withinside the strategic decision-making process.
Market length estimation of the Healthcare Bio-MEMS marketplace on a local and international basis.
A specific studies layout for marketplace length estimation and forecast.
Identification of primary corporations running withinside the marketplace with associated developments
Exhaustive scope to cowl all of the feasible segments supporting each stakeholder withinside the Healthcare Bio-MEMS

Impact of COVID-19 on the Healthcare Bio-MEMS Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

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