MEMS In Medical Applications Market: Rise In Demand For Lab Automation For Increased Efficiency

Technological advancements have revolutionized the healthcare industry by providing various healthcare solutions with accuracy. MEMS devices in medical applications are amongst these technological advancements. MEMS-embedded medical equipment are efficient to measure, diagnose and treat various medical conditions such as blood pressure, respiratory rate, body temperature disorders and others. MEMS-based medical devices are miniaturized and help to increase efficiency of various medical devices.
In addition, rise in demand for lab automation for increased efficiency would also trigger the growth of this market. Moreover, increased funding for this market is also expected to boost the growth of MEMS embedded devices. Despite all these advantages, lack of testing standardization and delay in FDA approvals would hinder the future market growth. The MEMS in medical applications market was valued to be USD 1.8 billion in 2012 and is expected to grow at a CAGR of 20.2% from 2013 to 2019.
MEMS-based medical devices include surgical, therapeutic, diagnostic and monitoring equipment. MEMS-embedded diagnostic equipment accounts for the largest market amongst the total MEMS medical devices market. The market for MEMS-embedded diagnostic devices in medical applications was valued at more than USD 600 million in the year 2012 and is expected to have a CAGR of over 15%.
MEMS-based medical devices are composed of various sensors which include pressure, temperature, flow, accelerometer, optical image, microdispensers for drug delivery, microfluidic chips and silicon microphones. The pressure sensor accounted to have the largest market; however, micro dispensers market for drug delivery is anticipated to have the highest growth during the forecast period. The MEMS-based medical devices market by end users includes hospitals, healthcare research and home healthcare, where hospitals accounted for the largest market.
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Pragati Pathrotkar

As one of the lead news writers on cmfenews, Pragati’s specialization lies in the science and technology domains. Her passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Pragati’s take on the impact of digital technologies across the science, technology, and business domains gives her writing a fresh and modern outlook.

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