Market Overview:
The global healthcare Bio-MEMS market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in Bio-MEMS devices. Based on type, the global healthcare Bio-MEMS market is segmented into microfluidic chips, pressure sensors, accelerometers, microphones, flow meters and other types. The microfluidic chips segment is expected to account for the largest share of the global healthcare Bio-MEMS market in 2018. This segment is also projected to grow at a high CAGR during the forecast period owing to its growing demand for use in point-of-care diagnostics and drug discovery applications. Based on application, hospitals are estimated to account for the largest share of the global healthcare Bio-MEMS market in 2018 followed by clinics and other applications such as research laboratories and life science institutes.
Product Definition:
Healthcare Bio-MEMS are miniature devices used in healthcare for various purposes such as diagnostics, therapeutics and research. They are important because they help to improve the quality of healthcare by making it more accurate, efficient and personalized.
Microfluidic Chips:
Microfluidic chips are used for analysis of biological fluids such as urine, blood, saliva and serum. It is a non-invasive technology that involves the use of microchannels to separate and collect different components within a fluid with the help of surface tension or hydrophobic properties. The technology has wide applications in healthcare sector which includes drug discovery & development processes, clinical diagnostics testing and point-of-care (POC) medical devices among others.
Pressure Sensor:
The pressure sensor is a small electronic device used to measure the pressure. It can be either mechanical, piezoelectric or capacitive. The market for these sensors has been growing at a steady pace owing to their increasing usage in healthcare applications such as blood glucose monitoring and respiratory rate measurement by portable devices like watches and bracelets.
Application Insights:
The hospital segment dominated the global healthcare bio-MEMS market in 2017 and is expected to maintain its dominance over the forecast period. The increasing number of hospitals, medical centers, and diagnostic laboratories coupled with rising patient admissions is resulting in higher product demand at this end-use.
The other application segment includes point of care testing, point of service testing, home healthcare monitoring & remote patient monitoring among others. Point of care tests are used for rapid screening of samples such as blood or urine for detecting diseases at the source itself thereby reducing turnaround time between sample collection & processing & providing results faster than conventional methods thus driving growth.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investments in R&D, and increasing adoption of advanced technologies for diagnosis and treatment. Moreover, rising prevalence of chronic diseases such as diabetes is expected to boost the demand for bio-MEMS devices used in monitoring blood sugar levels.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing patient awareness about various diagnostic tools & procedures available at hospitals & clinics coupled with rising disposable income especially among middle-class groups that can afford private health insurance plans or government subsidies on hospitalization costs associated with medical treatments provided by clinics or hospitals. These aforementioned factors are expected to drive demand from existing facilities including laboratories & diagnostic centers; pharmacies; nursing homes; ambulance services; etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Bio-MEMS devices are ideally suited for use in minimally invasive procedures as they can be easily integrated into existing surgical instruments or delivery systems.
- Growing demand for personalized medicine: The field of personalized medicine is growing rapidly as healthcare providers seek to provide more individualized treatment plans based on each patient’s unique genetic makeup and health history. Bio-MEMS devices are well-suited for use in personalized medicine applications as they can be used to detect and analyze biomarkers with great accuracy and precision.
- Advances in nanotechnology: Nanotechnology is playing an increasingly important role in the development of bio-MEMS devices, with researchers working on ways to create smaller, more sensitive sensors that can detect biomarkers at lower concentrations levels. This could lead to the development of new generations of bio-MEMS devices that are capable of providing more accurate diagnostic information than current models.
- creating a large pool of patients who will require specialized care and treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Bio-MEMS Market Research Report
By Type
Microfluidic Chips, Pressure Sensor, Accelerometer, Microphones, Flow Meter, Other
By Application
Hospital, Clinic, Other
By Companies
Becton Dickinson, Abbott Laboratories, Boston Scientific, Perkin Elmer, Medtronic, Baxter International Inc., Teledyne Dalsa Inc., Cepheid, Bluechiip
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Bio-MEMS Market Report Segments:
The global Healthcare Bio-MEMS market is segmented on the basis of:
Types
Microfluidic Chips, Pressure Sensor, Accelerometer, Microphones, Flow Meter, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Becton Dickinson
- Abbott Laboratories
- Boston Scientific
- Perkin Elmer
- Medtronic
- Baxter International Inc.
- Teledyne Dalsa Inc.
- Cepheid
- Bluechiip
Highlights of The Healthcare Bio-MEMS Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Microfluidic Chips
- Pressure Sensor
- Accelerometer
- Microphones
- Flow Meter
- Other
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Bio-MEMS Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare Bio-MEMS is a term used to describe medical devices that are made from biological materials, such as cells or tissues. Healthcare Bio-MEMS devices can be used in a variety of ways, including to help diagnose and treat diseases.
Some of the major players in the healthcare bio-mems market are Becton Dickinson, Abbott Laboratories, Boston Scientific, Perkin Elmer, Medtronic, Baxter International Inc., Teledyne Dalsa Inc., Cepheid, Bluechiip.
The healthcare bio-mems market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Bio-MEMS Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Healthcare Bio-MEMS Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Healthcare Bio-MEMS Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Healthcare Bio-MEMS Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Healthcare Bio-MEMS Market Size & Forecast, 2018-2028 4.5.1 Healthcare Bio-MEMS Market Size and Y-o-Y Growth 4.5.2 Healthcare Bio-MEMS Market Absolute $ Opportunity
Chapter 5 Global Healthcare Bio-MEMS Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Bio-MEMS Market Size Forecast by Type
5.2.1 Microfluidic Chips
5.2.2 Pressure Sensor
5.2.3 Accelerometer
5.2.4 Microphones
5.2.5 Flow Meter
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Bio-MEMS Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Bio-MEMS Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Bio-MEMS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Bio-MEMS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Bio-MEMS Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Bio-MEMS Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Bio-MEMS Market Size Forecast by Type
9.6.1 Microfluidic Chips
9.6.2 Pressure Sensor
9.6.3 Accelerometer
9.6.4 Microphones
9.6.5 Flow Meter
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Bio-MEMS Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Bio-MEMS Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Bio-MEMS Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Bio-MEMS Market Size Forecast by Type
10.6.1 Microfluidic Chips
10.6.2 Pressure Sensor
10.6.3 Accelerometer
10.6.4 Microphones
10.6.5 Flow Meter
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Bio-MEMS Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Bio-MEMS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Bio-MEMS Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Bio-MEMS Market Size Forecast by Type
11.6.1 Microfluidic Chips
11.6.2 Pressure Sensor
11.6.3 Accelerometer
11.6.4 Microphones
11.6.5 Flow Meter
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Bio-MEMS Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Bio-MEMS Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Bio-MEMS Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Bio-MEMS Market Size Forecast by Type
12.6.1 Microfluidic Chips
12.6.2 Pressure Sensor
12.6.3 Accelerometer
12.6.4 Microphones
12.6.5 Flow Meter
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Bio-MEMS Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Bio-MEMS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Bio-MEMS Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Bio-MEMS Market Size Forecast by Type
13.6.1 Microfluidic Chips
13.6.2 Pressure Sensor
13.6.3 Accelerometer
13.6.4 Microphones
13.6.5 Flow Meter
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Bio-MEMS Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Bio-MEMS Market: Competitive Dashboard
14.2 Global Healthcare Bio-MEMS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton Dickinson
14.3.2 Abbott Laboratories
14.3.3 Boston Scientific
14.3.4 Perkin Elmer
14.3.5 Medtronic
14.3.6 Baxter International Inc.
14.3.7 Teledyne Dalsa Inc.
14.3.8 Cepheid
14.3.9 Bluechiip