Global Bio-Mems Devices Market 2018-2022
About Bio-Mems Devices
Microelectromechanical systems (MEMS) that incorporate biological molecules as a part of the device are known as biomedical MEMS (Bio-MEMS). A device that incorporates the Bio-MEMS technology is known as a Bio-MEMS device. Bio-MEMS are a subset of MEMS devices. Some of the major applications wherein Bio-MEMS devices are incorporated include genomics, proteomics, molecular diagnostics, point-of-care diagnostics, tissue engineering, single cell analysis, and implantable microdevices.
Technavio’s analysts forecast the global bio-mems devices market to grow at a CAGR of 20.10% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global bio-mems devices market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Bio-Mems Devices Market 2018-2022
Technavio recognizes the following companies as the key players in the global bio-mems devices market: ALL SENSORS, Bluechiip, Cepheid, Debiotech, and Integrated Sensing Systems.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integrating nanotechnology with Bio-MEMS. Nanotechnology is defined as the science of building devices at an atomic or nano-level. The main reason or integrating nanotechnology with Bio-MEMS is that it allows a better understanding of biological mechanisms at a cellular level.”
According to the report, one driver in the market is growing geriatric population. The geriatric population is growing faster than any other age group in just about every country across the world. A pronounced rise in the aging population can be seen in countries such as Japan, Italy, Greece, Germany, and several others.
Further, the report states that one challenge in the market is high overall cost of production. As Bio-MEMS are manufactured at a micron level, there are several technical challenges that are faced by their manufacturers. The need for smaller Bio-MEMS has become an absolute necessity but integrating these Bio-MEMS with features such a power-efficient performance at lower production costs has become a challenging task for vendors.
ALL SENSORS, Bluechiip, Cepheid, Debiotech, and Integrated Sensing Systems.
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