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Micro-electro mechanical systems (MEMS) technology uses microstructures and miniaturized devices as components for performing microfabrication techniques. These systems are extensively being used for biomedical or biological purposes is known as bio-MEMS. Today, bio-MEMS are widely used for clinical diagnostics and for research and development in the healthcare sector. The sophisticated microfabrication techniques used in bio-MEMS have enabled treatment of critical diseases.
Development of patient monitoring equipment system coupled with technological advancements in the devices is the chief factors responsible for the growth of the industry over the coming few years. In addition, high efficacy, low cost along with mounting ageing population are also surging the demand growth over the forecast period. However, lack of adoption owing to high research and development cost coupled with long product development cycles are expected to hinder the industry growth from 2016 to 2023. Stringent regulatory guidelines are also acting as a challenge to the global BioMEMS market demand. Partnerships among pharmaceutical and engineering industries may act as the potential growth opportunity for the industry over the forecast period. In addition, emergences of personalized medicines are also identified as the key opportunity for this industry. The Americas will be the major revenue contributor to the bio-MEMS sensors market throughout the forecast period. This region consists of several large hospitals, research centers, and laboratories, that demand extensively for bio-MEMS devices. Also, the presence of several key manufacturers will drive the growth of the bio-MEMS devices market in this region.
The global Bio-Mems Devices market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bio-Mems Devices in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Lepu Medical Technology
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Bio-Mems Devices market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Bio-Mems Devices market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Bio-Mems Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bio-Mems Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Bio-Mems Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Bio-Mems Devices are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bio-Mems Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Further breakdown of Bio-Mems Devices market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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