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Global Bio-MEMS Market size is projected to be valued $3.7 Billion by 2024; with a CAGR of 20.8% from 2017 to 2025. Bio-MEMS or bio-medical microelectromechanical systems improve the performance of
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Global Bio-MEMS Market 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Bio-MEMS Market is Estimated to Reach $3.7 Billion by 2024 • Global Bio-MEMS market report published by Accurize Market Research forecast that the global market is expected to reach $3.7 billion by 2024; growing at a CAGR of 20.8% from 2017 to 2025. • By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period. • Request Sample: https://www.accurizemarketresearch.com/report/bio-mems-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Bio-MEMS Market • The rise in demand for artificial limbs, and development of patient monitoring equipment system across the globe to drive the growth of the market • Rise in demand for artificial limbs, and the development of patient monitoring equipment system fuels the demand for the global bio-MEMS market. • Moreover, high efficacy, low cost, and rising aging population also boost the growth of the market. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • The global bio-MEMS market has been bifurcated on the basis of components, and applications. By components, the global Bio-MEMS market is further segmented into gyroscopes, accelerometers, and others. • By application, the market is segmented as neural implants, bionics, ENT implants, cardiological implants, and others. • By geography, the market is segmented into North America, Europe, Asia-Pacific and the 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, the Middle East, and Africa. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
MarketSegmentation • Customize Report: • https://www.accurizemarketresearch.com/report/bio-mems-market/ask-for-customization • “Others segment accounted for the largest market share in the components segment", says Accurize • By components segment, the others segment accounted for the largest market share in 2016 and is expected to continue its dominance during the forecast period 2017-2025. • Accelerometers are anticipated to grow at the fastest CAGR during the forecast period. Neural implants are to attain the fastest CAGR in the overall application segment. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • “North America dominated the global market with the highest market share over the forecast period", says Accurize • In 2017, North America accounted for the largest market share of 34.4%, owing to the soaring healthcare sector. The high adoption of advanced treatment techniques has also propelled the growth of the Bio-MEMS market in the region. • Europe accounted for the second-largest market share of 29%. In terms of growth, North America is to attain the fastest CAGR of 21.7% during the forecast period 2017-2025, owing to increased government’s awareness regarding the improvement of healthcare facilities in the region. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Top players in the market • Major companies operating in the market include: • Perkin Elmer, Medtronic • Baxter International Inc • Teledyne Dalsa Inc • Lepu Medical Technology Becton Dickinson • Abbott Laboratories • Boston Scientific • Cepheid • Bluechiip Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
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