DUBLIN--(BUSINESS WIRE)--The "Global Bio-MEMS Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global bio-MEMS market was valued at US$ 725 Million in 2016, and is expected to reach US$ 2,980 Million by 2025 expanding at a CAGR of 12.33% from 2017 to 2025.
In 2016, cardio-MEMS leads the application segment due to rise in cardiovascular complications which propels the need for technological advancement in Cardio-MEMS, and gives useful insight to physicians regarding the pressure changes in patients with more clarity. The others segment will register the fastest growth in the application segment throughout the forecast period 2017-2025, due to increasing demand for personalized medication as the segment includes areas such as pressure sensors, exoskeletons and retinal implants.
The bio-MEMS market is technologically driven and includes major players such as Boston Scientific Corporation, Baxter International Inc., Abbott Laboratories, Becton Dickinson and Company, etc., are few market leaders in bio-MEMS market and compete to augment their foothold in the market.
Key Market Movements
- Higher prevalence of critical illness requiring medical intervention
- Technological advancement in the bio-MEMS market providing better patient suitability at low cost
- Increasing government and non-government funding in the R&D facilities promoting bio-MEMS market
- Affordable reimbursement policies
Key Topics Covered
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Bio-MEMS Market: Market Dynamics and Future Outlook
Chapter 4 Global Bio-MEMS Market, by Type, 2015-2025 (US$ Mn)
Chapter 5 Global Bio-MEMS Market, by Application, 2015-2025 (US$ Mn)
Chapter 6 Global Bio-MEMS Market, by Geography, 2015-2025 (US$ Mn)
Chapter 7 Company Profiles
- Abbott Laboratories
- Baxter International Inc.
- Boston Scientific Corporation
- Becton Dickinson and Company
- Bluechip Ltd.
- Lepu Medical Technology
- OMRON Corporation
- Perkin Elmer Inc.
- St. Jude Medical Inc.
- Teledyne Dalsa Inc.
For more information about this report visit https://www.researchandmarkets.com/research/qj242m/20172025_global?w=4