openPR Logo
Press release

Bio-MEMS Market: Industry Analysis and Detailed Profiles of top Industry Players

10-03-2017 01:14 PM CET | Media & Telecommunications

Press release from: TMR - Market Research

Bio-MEMS Market: Industry Analysis and Detailed Profiles of top

Transparency Market Research has observed the competitive landscape in the global bio-MEMS market to be quite consolidated. The top five players held a whopping share of about 45% in the global market in 2015. Abbott Laboratories, Becton Dickinson, Baxter International Inc., Medtronic, and Boston Scientific have been dominating the global market with their persistent efforts to develop innovative products and continuous research and development to enhance their existing product portfolio. These companies are also expected to strategize important mergers and acquisitions to win larger shares in the global market to remain dominant.

According to the research report, the global bio-MEMS market was valued at US$695.0 mn in 2015. However, between the forecast years of 2016 and 2024, the global market is estimated to surge at a CAGR of 20.9% to reach a valuation of US$3.8 bn by the end of 2024.

Obtain Report Details @

https://www.transparencymarketresearch.com/bio-mems-market.html

On the basis of application, the global bio-MEMS market is segmented into neural implants, ENT implants, bionics, cardio-MEMS, and others. The cardio-MEMS segment is segment is estimated to show significant growth in the coming years as it is slated to acquire a share of 25.8% by the end of 2024. The high prevalence of heart-related issues is expected to keep the demand for cardio-MEMS to be high in the coming years.

In terms of geography, the global bio-MEMS market is fragmented into North America, Europe, Asia Pacific, and Rest of the World. In terms of revenue, North America is anticipated to lead the global market. This regional market is expected to garner a share of 37.4% by the end of 2024. The growing government grants to improve the healthcare infrastructure are considered to the key element to this growth.

Download Table of Content @

https://www.transparencymarketresearch.com/report-toc/15530

The global bio-MEMS market has been progressing against the backdrop of widening applications of tissue engineering in advanced surgical procedures. Bio-MEMS sensors, which include topical sensors are used to treat terminally ill patients. Collectively, these two factors are the key driving forces of the global bio-MEMS market. The uptake of microfluidics has also played a significant role directing the trajectory of the global market in a positive direction.

Today, bio-MEMS are extensively being used for diagnostic purposes with the help of microfluidics. Furthermore, the market is also being driven by the advantage of bio-MEM such as quick detection of pathogens and bacteria. The high utility of bio-MEMS in the biomedical sector has proven to be essential and crucial to the growth of the global market, notes the lead author of this research report.

Get Sample copy of the Report @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15530

The complex process of manufacturing MEMS and their sophisticated fabrication techniques have been the precise restraints for the global bio-MEMS market. Excessive dependency on technologically-advanced medical infrastructure has made adoption of bio-MEMS relatively difficulty. Analysts predict that these factors could hamper the growth of the overall market in the near future. In addition, the market will also be restrained from attaining its utmost potential due to the expensive nature of the technology. Implementation of MEMS is exceptionally expensive and unaffordable to many. This is a key restraint in the global bio-MEMS market.

The market has been segmented as follows:

Global Bio-MEMS Market – By Type:

Gyroscopes,Accelerometers,Others

Global Bio-MEMS Market - By Application:

Neural Implants,Bionics,ENT Implants,Cardio-MEMS,Others

Global Bio-MEMS Market - By Region:

North America,Europe,Asia Pacific,Rest of the World

About Us

Transparency Market Research (TMR) is a 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 have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bio-MEMS Market: Industry Analysis and Detailed Profiles of top Industry Players here

News-ID: 752425 • Views:

More Releases from TMR - Market Research

Printed Electronics Market: Future Forecast Assessed on the basis of how the Market is Predicted to Grow
Printed Electronics Market: Future Forecast Assessed on the basis of how the Mar …
The global printed electronics market is moderately fragmented, with leading players focusing on mergers and acquisition as their strategic business alliances are helping them to acquire greater share in the market and making them formidable competition for others. The players within the printed electronics market are also fighting to gain leadership in the market by implementing the latest technologies and investing in research and development for coming up with product
Internet of Things Market: Industry Analysis, Opportunity Assessment and Forecast upto 2024
Internet of Things Market: Industry Analysis, Opportunity Assessment and Forecas …
The global internet of things market is thrived by players of all sizes, with a large chunk of them traditionally based in the area of consumer electronics or internet and communication technologies (ICT), notes Transparency Market Research (TMR). Some of the leading companies in the global internet of things market are Cisco Systems, Inc., Intel Corp, Amazon.com, Inc., Microsoft Corp., Apple, Inc., and Google, Inc. Top players in this market focused
Water Purifier Market: Projection of Each Major Segment over the Forecast Period
Water Purifier Market: Projection of Each Major Segment over the Forecast Period
The top two players, Eureka Forbes and Kent Ro system Ltd., held a dominant share of 65% in the India water purifier market in 2015. The consolidated market is expected to see the entry of several small and big companies, which spells hope for competition in the coming years, observes Transparency Market Research. “The promise of offering exceptionally services to the end users and making pure water affordable are the
Water Purifier Market: Projection of Each Major Segment over the Forecast Period
Water Purifier Market: Projection of Each Major Segment over the Forecast Period
The global internet of things market is thrived by players of all sizes, with a large chunk of them traditionally based in the area of consumer electronics or internet and communication technologies (ICT), notes Transparency Market Research (TMR). Some of the leading companies in the global internet of things market are Cisco Systems, Inc., Intel Corp, Amazon.com, Inc., Microsoft Corp., Apple, Inc., and Google, Inc. Top players in this market focused

All 5 Releases


More Releases for MEMS

Motion Sensor Market By Types - MEMS Magnetometer, MEMS Accelerometer, MEMS Gyro …
Motion sensing is a rising technology that is transforming the way equipment interacts with machines and humans in the form of detection. Motion sensor is not only used in business and infotainment applications but also in routine activities in homes and other settings. The global motion sensor market is primarily driven by factors such as increasing application of motion sensors in automotive industry and consumer electronics industry. Motion sensors in the
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Bio-MEMS Market - Uptake of Microfluidics for Diagnostics Improves Adoption of B …
Transparency Market Research has observed the competitive landscape in the global bio-MEMS market to be quite consolidated. The top five players held a whopping share of about 45% in the global market in 2015. Abbott Laboratories, Becton Dickinson, Baxter International Inc., Medtronic, and Boston Scientific have been dominating the global market with their persistent efforts to develop innovative products and continuous research and development to enhance their existing product portfolio.
Global RF-MEMS Market 2017 : DelfMEMS, MEMtronics, Radant MEMS, WiSpry, Cavendis …
A market study based on the "RF-MEMS Market" across the globe, recently added to the repository of Market Research, is titled ‘Global RF-MEMS Market 2017’. The research report analyses the historical as well as present performance of the worldwide RF-MEMS industry, and makes predictions on the future status of RF-MEMS market on the basis of this analysis. Get Free Sample Copy of Report Here : http://bit.ly/2qj78sg Top Manufacturers Analysis Of This Research
Bio MEMS Market - Cardio-MEMS to Lead, North America to Remain Frontrunner
Transparency Market Research has observed the competitive landscape in the global bio-MEMS market to be quite consolidated. The top five players held a whopping share of about 45% in the global market in 2015. Abbott Laboratories, Becton Dickinson, Baxter International Inc., Medtronic, and Boston Scientific have been dominating the global market with their persistent efforts to develop innovative products and continuous research and development to enhance their existing product portfolio.
Bio MEMS Market: High Prevalence of Heart Diseases Gives Impetus to Cardio-MEMS
Transparency Market Research has observed the competitive landscape in the global bio-MEMS market to be quite consolidated. The top five players held a whopping share of about 45% in the global market in 2015. Abbott Laboratories, Becton Dickinson, Baxter International Inc., Medtronic, and Boston Scientific have been dominating the global market with their persistent efforts to develop innovative products and continuous research and development to enhance their existing product portfolio.