openPR Logo
Press release

Bio-MEMS Market - Increasing Applications of Tissue Engineering Create Ground for More Demand

03-12-2018 08:52 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Bio-MEMS Market - Increasing Applications of Tissue

The global bio-microelectromechanical systems (MEMS) market has been projected in a report by Transparency Market Research (TMR) to bear a fairly consolidated vendor landscape. Boston Scientific, Medtronic, Baxter International Inc., Becton Dickinson, and Abbott Laboratories have been among the leading companies dominating the vendor landscape of the market. An aggregate share of close to a 45.0% had been secured by the top five players operating in the market. With a view to improve their product portfolio, these players have been taking to continuous research and development and the development of novel products with consistent efforts. In order to stay dominant in the market and gain a larger share, companies could consider strategizing key mergers and acquisitions.

Obtain Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15530

The global bio-MEMS market has been foreseen in the TMR report to grow at a CAGR of 20.9% during the forecast timeframe 2016-2024. By 2024, the market could bag a US$3.8 bn, after progressing from a valuation of US$0.6 bn in 2015. In terms of application, cardio-MEMS has been anticipated to collect a lion’s share of 25.8% by the completion of the forecast timeframe. By region, North America could take a leading position in the market while garnering a dominant share of 37.4% by the closure of 2024.

Tissue engineering widening its applications in unconventional surgical procedures has been envisaged to create a phenomenal backdrop for the world bio-MEMS market to ride its progress on. Terminally ill patients could be treated with the use of bio-MEMS sensors including topical sensors. These have been predicted to be counted among the two most crucial factors driving growth in the market.

Developed regions such as North America have been forecast to offer scores of positive business prospects in the coming years due to a strong provision of government grants reserved for the development of healthcare infrastructure. While this could be a key element of the market’s success, applications such as cardio-MEMS have been prognosticated to set the tone for a valuable growth in the near future because of their increasing demand. It has been projected that the demand for cardio-MEMS could increase as the prevalence of heart diseases and related health problems continue to see a rise.

Browse Market Research Report @ https://www.transparencymarketresearch.com/bio-mems-market.html

Dependence on Technologically Advanced Medical Infrastructure Deters Growth

The international bio-MEMS market has been envisioned to witness a slack in growth owing to the requirement of highly sophisticated techniques for fabrication and the complex manufacturing process. The adoption of bio-MEMS has been quite difficult due to unrestrained reliance on technologically sophisticated medical infrastructure. Moreover, MEMS could be unaffordable and expensive to implement for some organizations.

However, the growth trajectory of the international bio-MEMS market has been prophesied to move into a positive direction because of the uptake of microfluidics. Currently, bio-MEMS are widely engaged for diagnostic purposes using microfluidics. Quick detection of bacteria and pathogens and other advantages of bio-MEMS could prove to be extremely vital for market growth. A lead author of the report has noted that the market could find the swelling engagement of bio-MEMS in the biomedical industry quite significant for its growth.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

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: https://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 - Increasing Applications of Tissue Engineering Create Ground for More Demand here

News-ID: 973960 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

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.