BioMEMS market growing at 9.2% CAGR

Author: EIS Release Date: Jul 6, 2020


BioMEMS devices, defined as MEMS sensors and microfluidic devices integrated into medical devices and used for IVD and life sciences, were a  $3.7 billion Market in 2019 and is expected to reach $6.3 billion in 2025 with a CAGR between 2019 and 2025 of 9.2%, Says Yole Developpement.

The microfluidic chips market represents 85% of the market due to the huge market for polymer-based microfluidic chips. This is followed by the pressure sensor market.

In volume, the highest growth expected on the next five years is for MUT for medical imaging and IVUS, and for inertial MEMS (especially IMU ) related to fall detection and activity tracking.

The larger market segments using mainly microfluidic chips are pharmaceutical research and IVD testing.

The key drivers for the use of MEMS and microfluidic technologies are:

•  IT environment and telecommunication (5G network is one major contributor).
•  Cost pressure on healthcare: development of systems for home care, point of care and medical wearables to monitor patients out of hospital.
•  The contribution of advanced technologies to reduced power and miniaturised systems.

IR thermometers play a big role in patient monitoring at hospitals and for implementation of preventive policies in public areas like airports or stations.

IR thermopile shipments are increasing rapidly with 90.5% growth expected from 2019 to 2020.<

Many diagnostics companies started IVD development projects to provide as soon as possible either rapid point-of-care tests or high-throughput tests for use in the central lab.

Some of these tests are built on microfluidic chips, as well as the DNA sequencing flow cells that are useful tools to study the virus and hopefully develop a treatment or vaccine.

One example is the Butterfly IQ probe which uses MUT technology, allowing flexible use by nurses or GPs for early diagnostics at the patient’s side.

A new wave of players is also becoming increasingly involved, as the healthcare sector is currently moving to more preventive and personalized care: consumer MEMS companies are strongly interested in serving.

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