Bio-MEMS Market (By Component: Gyroscopes, Accelerometers, and Others; By Application: Neural Implants, Bionics, ENT Implants, Cardiological Implants, and Others; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

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    21 Oct 2022
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Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.



The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

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Global Bio-MEMS Market is forecasted to reach $3,702 million by 2024; growing at a CAGR of 20.9% from 2016 to 2024. Bio-MEMS or bio-medical micro electro mechanical systems increase the performance of medical devices, which are used for patient monitoring. It improves the cure of cardiac diseases and also advances the drug delivery system. Pharmaceutical, medical home care, medical devices, and in-vitro diagnostics pose a significant demand of Bio-MEMS devices.

Development of patient monitoring equipment system and increase in demand of artificial limbs are the major factors driving the global Bio-MEMS market. Additionally, low cost, high efficacy, and growing ageing population has also fuelled the market growth. However, stringent regulatory guidelines may hinder the growth of the market. Emergence of personalized medicines would provide several growth opportunities for the market in the coming years.

The global Bio-MEMS market has been segmented into components, and application. By components, the global Bio-MEMS market is further bifurcated into accelerometers, gyroscopes, and others. By application, the market is segmented as bionics, ENT implants, neural implants, cardiological implants, and others.

Geographically, the market has been categorised into North America, Europe, Asia-Pacific and Rest of the world (RoW). Based on geography, the global Bio-MEMS market has been segmented into North America, Europe, Asia-Pacific and rest of the world (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers Germany, UK, Russia, and others. Asia-Pacific covers China, Japan, South Korea, and others. RoW covers South America, Middle East and Africa.

Major companies operating in this market are Abbott Laboratories, Becton Dickinson, Boston Scientific, Medtronic, Perkin Elmer, Teledyne Dalsa Inc., Baxter International Inc., Cepheid, Bluechiip, and Lepu Medical Technology, among others.

The key takeaways from the report:
The report will provide detailed analysis of Bio-MEMS Market with respect to major segments such as component, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Bio-MEMS Market will be provided in the report
Profile of the key players in the Bio-MEMS Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Bio-MEMS Market
Component Segments
Application Segments
Neural Implants
ENT Implants
Cardiological implants
Geographical Segments
North America
United Kingdom
South Korea
South America
Middle East

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook


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