Market Overview:
Micro-electromechanical systems (MEMS) are miniature devices that contain sensors, actuators, and electronics on a single chip. MEMS technology is used in a variety of applications such as automotive, consumer electronics, healthcare and defense. The global MEMS for surgical market is expected to grow at a CAGR of 9.5% during the forecast period 2018-2030. The pressure MEMS segment is expected to hold the largest share of the global MEMS for surgical market by 2030 owing to its increasing demand in various medical applications such as endoscopy and laparoscopy surgeries. The temperature MEMS segment is projected to grow at the highest CAGR during the forecast period due to its growing demand in medical diagnostics and therapeutics segments. The hospitals segment accounted for the majority share of the global MEMS for surgical market in 2017.
Product Definition:
MEMS stands for micro-electro-mechanical systems. MEMS are tiny devices that combine electrical and mechanical elements on a chip the size of a fingernail. MEMS are used in surgical procedures to control miniature tools, such as scalpels and scissors, with great precision. MEMS can also be used to measure temperature, blood pressure and other vital signs during surgery.
Pressure:
Pressure is the force per unit area, applied to an object. It can be represented by a pressure-volume or pressure-temperature graph. The higher the pressure, the more sensitive are its effects on living tissues; this has led to its use in various medical applications such as cardiology and neurosurgery for surgical interventions.
Global Pressure, it's usage.
Temperature:
Temperature and its usage in MEMS for surgical market is a technique of creating controlled thermal environment inside the body to maintain the integrity of tissues or organs. It helps to reduce bleeding, inflammation & swelling by reducing blood flow. The process also reduces body temperature which acts as an anti-inflammatory agent.
The global Temperature and its usage in MEMS for surgical market size was valued at USD 1,849.5 million in 2018.
Application Insights:
Based on application, the global MEMS for surgical market is segmented into hospitals, home healthcare, and healthcare research. Hospitals held the largest share in 2017 owing to increasing adoption of advanced medical equipment and technologies. The need for minimally invasive procedures has increased with the growing geriatric population as well as physically disabled people. Minimally invasive surgeries require very small sensors that can be used to measure very small changes in tissue or organ functions without causing any harm to them. This is where MEMS technology comes into play as these devices are smaller than traditional sensors and can be used for measuring various body parameters at a same time without causing any harm or discomfort to patients.
The home healthcare segment is expected register significant growth over the forecast period due largely to rising number of chronic diseases such as heart diseases, cancer cases etc., which have led people aged 60 years & above group globally by 2050 from 2015 currently forms 20% of total global population according to United Nations (UN).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, technological advancements, and high adoption rate of advanced technologies in this region. The U.S.-based companies are engaged in research activities to develop innovative products for surgical applications that would enhance patient care at minimal costs.
Asia Pacific is expected to grow at a lucrative CAGR over the forecast period owing to increasing healthcare expenditure by governments and rising awareness about early diagnosis & treatment options for chronic diseases among people living in this region as well as worldwide (i). MEMS technology has been observed effective for various applications including temperature sensing, pressure sensors, flow rate sensors microfluidics) used during surgery which may reduce post-operative complications (ii).
Growth Factors:
- Increased accuracy and precision in surgical procedures
- Reduced surgical procedure time
- Increased patient safety
- Reduced hospital stays and associated costs
- Improved quality of life for patients
Scope Of The Report
Report Attributes
Report Details
Report Title
MEMS for Surgical Market Research Report
By Type
Pressure, Temperature, Microfluidics, Others
By Application
Hospitals, Home Healthcare, Healthcare Research
By Companies
Honeywell, Royal Philips, Texas Instruments, STMicroelectronics, General Electric, Debiotech, Agilent Technologies, Omron Corporation, Silex Microsystems
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global MEMS for Surgical Market Report Segments:
The global MEMS for Surgical market is segmented on the basis of:
Types
Pressure, Temperature, Microfluidics, Others
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
Hospitals, Home Healthcare, Healthcare Research
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:
- Honeywell
- Royal Philips
- Texas Instruments
- STMicroelectronics
- General Electric
- Debiotech
- Agilent Technologies
- Omron Corporation
- Silex Microsystems
Highlights of The MEMS for Surgical 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:
- Pressure
- Temperature
- Microfluidics
- Others
- By Application:
- Hospitals
- Home Healthcare
- Healthcare Research
- 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 MEMS for Surgical 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.
How you may use our products:
- Correctly Positioning New Products
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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?
MEMS stands for microelectromechanical systems. MEMS technology is used in surgical devices to help surgeons perform delicate procedures with precision. These devices include miniature robots that help surgeons navigate through a patient's body, and sensors that track the position of surgical tools and other objects.
Some of the major players in the mems for surgical market are Honeywell, Royal Philips, Texas Instruments, STMicroelectronics, General Electric, Debiotech, Agilent Technologies, Omron Corporation, Silex Microsystems.
The mems for surgical market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MEMS for Surgical 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 MEMS for Surgical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MEMS for Surgical 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 MEMS for Surgical 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 MEMS for Surgical Market Size & Forecast, 2018-2028
4.5.1 MEMS for Surgical Market Size and Y-o-Y Growth
4.5.2 MEMS for Surgical Market Absolute $ Opportunity
Chapter 5 Global MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Type
5.2.1 Pressure
5.2.2 Temperature
5.2.3 Microfluidics
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Home Healthcare
6.2.3 Healthcare Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MEMS for Surgical 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 MEMS for Surgical 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 MEMS for Surgical Analysis and Forecast
9.1 Introduction
9.2 North America MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Type
9.6.1 Pressure
9.6.2 Temperature
9.6.3 Microfluidics
9.6.4 Others
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 MEMS for Surgical Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Home Healthcare
9.10.3 Healthcare Research
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 MEMS for Surgical Analysis and Forecast
10.1 Introduction
10.2 Europe MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Type
10.6.1 Pressure
10.6.2 Temperature
10.6.3 Microfluidics
10.6.4 Others
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 MEMS for Surgical Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Home Healthcare
10.10.3 Healthcare Research
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 MEMS for Surgical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Type
11.6.1 Pressure
11.6.2 Temperature
11.6.3 Microfluidics
11.6.4 Others
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 MEMS for Surgical Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Home Healthcare
11.10.3 Healthcare Research
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 MEMS for Surgical Analysis and Forecast
12.1 Introduction
12.2 Latin America MEMS for Surgical 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 MEMS for Surgical Market Size Forecast by Type
12.6.1 Pressure
12.6.2 Temperature
12.6.3 Microfluidics
12.6.4 Others
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 MEMS for Surgical Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Home Healthcare
12.10.3 Healthcare Research
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) MEMS for Surgical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MEMS for Surgical 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) MEMS for Surgical Market Size Forecast by Type
13.6.1 Pressure
13.6.2 Temperature
13.6.3 Microfluidics
13.6.4 Others
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) MEMS for Surgical Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Home Healthcare
13.10.3 Healthcare Research
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 MEMS for Surgical Market: Competitive Dashboard
14.2 Global MEMS for Surgical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Royal Philips
14.3.3 Texas Instruments
14.3.4 STMicroelectronics
14.3.5 General Electric
14.3.6 Debiotech
14.3.7 Agilent Technologies
14.3.8 Omron Corporation
14.3.9 Silex Microsystems
