biotechnologyindustry-blog
Biotechnology Market Reports
8 posts
Don't wanna be here? Send us removal request.
Last Seen Blogs
ermor
burden of time
natyamity
Right next to you
sungolden-honey
☀️A bit of Spring🌺
dcgbjhyggg
제목 없음
bleuarte
bluesart
Text
Molecular Diagnostics Market to Register 9% till 2024
The Molecular Diagnostics Market was valued at over USD 6.40 billion in 2015. It is likely to grow at a CAGR of around 9% during the forecast period (2016-2024).
Increasing prevalence of infectious diseases, cancer, genetic disorders, and other contagious disease are likely to drive the molecular diagnostics industry. Hospital acquired infections and other communicable infections are expected to boost market growth in the coming eight years. Moreover prenatal genetic testing is also expected to increase the adoption of this diagnostics.
Unhealthy lifestyle can further contribute to large number of people getting afflicted with chronic ailments like cardiovascular disorders and diabetes. This with further propel market growth in the coming years. Molecular diagnostics market is divided into products, technologies, applications, test location, and regions.
On the basis of products, the market is split into instruments, reagents, and others. Reagents segment held the largest share in 2015 with revenues exceeding USD 3.5 billion. It is expected to grow at a CAGR surpasing 12%. Instruments segment is expected to show a significant growth in the coming years.
Browse Details of Report @ https://www.hexaresearch.com/research-report/molecular-diagnostics-industry
Technologies consist of polymerase chain reaction (PCR), in-situ hybridization, chips and microarrays, mass spectrometery, DNA sequencing, transportation mediated amplification, and others. PCR held the largest market share of over USD 2.5 billion in 2015. Growth of this segment can be attributed to its high incorporation among the researchers and healthcare professionals. DNA sequencing is likely to show a growth of about 16% CAGR in the coming years.
Applications encompass oncology, pharmacogenomics, infectious diseases, genetic testing, neurological diseases, cardiovascular diseases, and others. Infectious diseases segment was the largest application holding market share exceeding 45% in 2015.
Oncology segment is anticipated to show a CAGR of about 13% till 2024. Rising awareness among people regarding early cancer diagnosis is the key aspect propelling market growth of the segment.
Test location comprises of point of care (PoC), self test or over the counter (OTC), and central laboratories. Central laboratories dominated the market with over 60% shares in 2015. The growth of the central laboratories can be attributed to their large prominence in underdeveloped countries, rising awareness about early detection of diseases, and high procedure volumes.
The PoC is expected to project a lucrative growth with a CAGR of more than 14%. The growth of this segment can be attributed to the increasing demand of bedside patient monitoring and innovative technological devices.
Regions are fragmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA). America dominated the market with over 40% revenue share. Asia Pacific is likely to exhibit a growth of around 12%CAGR in the coming years.
The key global players of the molecular diagnostics market include Siemens Healthcare GmbH, Novartis AG (Grifols), F. Hoffmann-La Roche Limited, and Johnson & Johnson.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/biotechnology-industry
0 notes
Text
Synthetic Biology Market Analysis and Future Scope 2024
The global Synthetic Biology Market is fueled by extensive research in DNA sequencing and rising governmental support. The growing importance of synthetic biology can be attributed to the demand for GMO (genetically modified) crops. Demand for biofuels and progress in molecular biology have had a positive impact on the global industry. Other drivers are high incidence of diabetes, the problem of obesity, growing geriatric population, and improved healthcare infrastructure.
An amalgam of engineering and biology, synthetic biology involves the designing & development of biological devices that are employed in varied applications. It is an umbrella term that also includes aspects, like the remodeling of existing biological parts and the introduction of innovative biological-based devices & parts. Commercially, the industry is in the nascent stage. Costs of data generation have plummeted radically because of affordability of DNA sequencing. Synthetic biology has not only reduced the costs of DNA sequencing but has also contributed significantly to green energy.
The worldwide synthetic biology market is categorized on the basis of products, applications, technology, and geographies. Based on products, the industry is bifurcated into enabling products and core products. Enabling products is further divided into oligonucleotide synthesis and DNA synthesis. Core products are synthetic DNA, synthetic genes, synthetic cells, chassis organisms, and Xeno nucleic acid (XNA). Owing to in-depth R&D and extensive commercialization, the synthetic DNA segment dominated the overall industry in 2013.
Browse Details of Report @ https://www.hexaresearch.com/research-report/synthetic-biology-industry
As per applications, the segments are healthcare, agriculture, bio-fuels, chemicals, and others. “Others” includes energy & environment, biosecurity, and R&D. Healthcare applications held the largest share in the global industry in 2013. Factors that fuel this segment are high production of nutraceuticals for supplements, newer therapies, vitamins, regenerative medicine, and for reprogramming stem cells. Technology-wise, the synthetic biology market is categorized into biological components, genome engineering, integrated systems, DNA sequencing, and bioinformatics. Genome engineering generated highest revenues for the global industry in 2013. Considerable progress in this field has reaped substantial market returns.
Geographical segments of the overall synthetic biology market are Asia Pacific, North America, Europe, and RoW (Rest of the World). Due to a strong technological base, inclination towards in-depth R&D activities, and favorable governmental initiatives, North America dominates the worldwide market. Widespread awareness among patients is another vital driver in the region. However, due to surging healthcare spending and consciousness about hospital acquired infections, China and India can exhibit positive growth trends. This may stand to benefit the entire Asia Pacific region over the forecast period (2016 to 2024). Key companies operating in the worldwide market are Bioneer Corporation, Cobalt Technologies, Evolva SA, Gene Script Corporation, and Exxon Mobil Corporation.
Synthetic biology is increasingly being used by scientists to develop genetic circuits that can be planted in cells for the production of useful molecules & drugs. However, the genetic components may interfere with one another because of complexities in the genetic circuits. Researchers at MIT have developed ways in which these circuits can be separated in each synthetic cell. Interactions between these cells can also be controlled; which in turn enables the circuits to be combined at certain times. The synthetic cells in question are not living cells but contain enough cellular machinery to produce proteins and read DNA.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/biotechnology-industry
0 notes
Text
Bioreactors Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2024 | Hexa Research
The worldwide Bioreactors Market is anticipated to generate revenues over USD 550 million by 2024. It will grow at a CAGR above 18% in the forecast period (2016-2024). The industry is driven by the demand for biologics and adoption of single-use bioreactors (SUBs) & hybrid bioreactors. Rising popularity of SUBs in pharmaceutical manufacturing companies is yet another key driver.
SUBs or disposable bioreactors contain disposable bags instead of cultural vessels. They face high demand from the medical sector. These reactors are adopted by pharmaceutical companies to manufacture drugs without any negotiations on their quality. These systems differ in view of flexibility and cultural medium. Commercial bioreactors include CellMarket Regular from Cellexus and HyClone SUB from Thermo Fisher Scientific.
Low functional costs of SUBs and low maintenance required for them can propel market demand from 2016 to 2024. Moreover, convenience associated with marine-microbe culturing coupled with low energy consumption by SUBs could favor these reactors. But low volume capacities of SUBs can hamper the industry.
Browse Details of Report@ https://www.hexaresearch.com/research-report/bioreactors-market
The worldwide Bioreactors Market is fragmented on the basis of products, cells, molecules, technologies, end-users, and regions. Products include monoclonal antibodies and recombinant proteins. Monoclonal antibodies are projected to reign owing to their efficiency in medical treatments. Yeast, bacteria, and mammalian cells are the various cells. Mammalian cells should be the most rapidly growing segment. This will be attributed to their high bio-molecular effectiveness.
Recombinant proteins, monoclonal antibodies (MAbs), gene therapy, stem cells, and vaccines are classified under molecules. MAbs are used by biologics industry to manufacture vaccines. This may augments the demand for bioreactors in the next eight years. Low investment costs of SUBs to make MAbs on a small scale can add to overall market demand.
Single use bubble column bioreactor, stirred SUBs, and wave-induced motion SUBs constitute the technologies. Wave-induced motion SUBs are likely to notice the highest growth rate till 2024. Surging growth can be attributed to their high flexibility and short lead times.
End-users in the Bioreactors Market comprise R&D departments and biopharmaceutical manufacturers. The former are sub-divided into biopharmaceutical companies, contract research organizations (CROs), and research institutes.
Regions are Asia Pacific, North America, Europe, and RoW (Rest of the World). North America & Europe would garner major shares by 2024. This will be ascribed to their key biopharmaceutical firms.
Europe is predicted to capture large shares due to biologic drug patents reaching expiry. Also, regional assistance for biologic manufacturers to produce drugs with high effectiveness should benefit the region.
Asia Pacific is likely to display significant expansion because of investment opportunities for its major biologic manufacturers. Key firms opening their manufacturing units in Latin America will benefit the region.
Key companies in the global Bioreactors Market are GE Healthcare, Thermo Fisher Scientific Inc., Merck KGaA, and Sartorius Stedim Biotech S.A. They are expected to further their product portfolio and offer system flexibility.
This could make consumer segments well-acquainted with various blends of bioprocessing components. It can also help them with buying decisions. Product endorsements via commercial manufacturing to obtain the finest application solutions may augur well for the market.
Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/biotechnology-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
Visit Our Blog: https://hexaresearchinc.wordpress.com/
#bioreactors market#bioreactors market share#bioreactors market size#bioreactors market analysis#bioreactors market trends#bioreactors market forecasts
0 notes
Text
Biotechnology Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
The global Biotechnology Market is driven by high investments, favorable government support, and rapid proliferation of biotechnology firms worldwide. Based on the principles of biology, biotechnology utilizes biomolecular & cellular processes for developing products that lead to better health & quality of life. Molecular engineering, biomedical engineering, bioengineering, and biomanufacturing fall within the ambit of biotechnology. Growing popularity of therapeutics & diagnostics solutions is a key factor that fuels the Biotechnology Market. DNA sequencing, tissue engineering, and recombinant technology among others are examples of such solutions.
Paucity of conventional sources of energy (fossil fuels) and the ever increasing need for food may positively impact market demand during the forecast period (2016 to 2024). Rising cases of diseases, such as hepatitis B and cancer can also stimulate demand. A number of governments are increasingly focusing on biotechnology for enhanced economic progress.
Technologies, applications, and regions are the key parameters based on which the worldwide Biotechnology Market is segmented. The various technologies employed are cell based array, fermentation, DNA sequencing, tissue engineering & regeneration, chromatography, nanobiotechnology, PCR (polymerase chain reaction) technology, and others. Tissue engineering & regeneration dominated the overall industry in 2013, with revenues touching nearly USD 88 billion.
Browse Details of report @ https://www.hexaresearch.com/research-report/biotechnology-industry
Tissue engineering has a broad spectrum of applications. It is used extensively in the repair & reconstruction of organs & cells whose functional capacities have decreased due to congenital anomalies, age, burns, and diabetic ulcers. Growing prevalence of degenerative disorders, such as Alzheimer’s and Parkinson’s favorably impacts demand for tissue regeneration. Due to a wide application scope in geology, biology, agriculture, and medical, DNA sequencing could expand robustly over the forecast period.
On the basis of applications, the industry is categorized into bioindustrial, biopharmacy, bioagriculture, and bioservices. Biopharmaceuticals are sub divided into recombinant proteins, orphan drugs, advanced drugs, and monoclonal antibodies. The recombinant proteins segment is expected to dominate the global industry from 2016 to 2024. A host of vaccines being produced these days are made of biorecombinant proteins. Such a trend could drive the segment considerably. The bioservices industry may register a high rate of growth because of surging investments in clinical research by biotechnology & pharmaceutical companies. Other drivers of this industry are rising complexities of biotechnology processes, stringent regulatory norms, and cost cuts.
As per regions, the global biotechnology market is divided into Asia Pacific, North America, Europe, and Rest of the World. North America may continue dominating the overall industry in the coming decade. Regional drivers are high reimbursement rates of medical policies, quality healthcare infrastructure, and greater awareness among the masses. Asia Pacific may register the fastest growth among all regions because of factors, such as surging healthcare expenditure and increasing disposable incomes. Prominent companies in the global industry are Seattle Genetics, United Therapeutics, Vertex Pharmaceuticals, Novo Nordisk, and BioMarin Pharmaceutical.
Recently, scientists from the University of Bath, U.K. began a 5 year project to save vegetables, such as kale, broccoli, and cabbage, commonly known as ‘Brassica vegetables’. Unpredictable weather conditions in the U.K. have been harming the yearly harvests of brassica vegetables and oilseeds over the past couple of years. The BRAVO (Brassica, Rapeseed and Vegetable Optimization) project, financed by the BBSRC (Biotechnology and Biological Sciences Research Council) aims at promoting plant development and combating crop losses. The project follows the doctrines of Brassica genomics, genetics, modeling & phenotyping.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/biotechnology-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
Visit our Blog: hexaresearch1.blogspot.com
#Biotechnology Market#Biotechnology Market share#Biotechnology Market size#Biotechnology Market analysis#Biotechnology Market trends#Biotechnology Market growth
0 notes
Text
Genomics Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
The global Genomics Market is propelled by the introduction of novel technologies that utilize genomic information in disease research. It helps researchers comprehend the genetic bases of drug responses & diseases. Favorable government reimbursement policies coupled with high incidence of lifestyle diseases, such as diabetes & cancer and are key industry drivers. Popularity of genome profiling technologies and widespread use of innovative genomics tools & techniques can fuel market demand over the forecast period (2016 - 2024).
Genomics is that aspect of biology that deals with bioinformatics, DNA, and DNA sequencing to analyze, assemble, and sequence the structure & function of genomes. Genomes refer to the entire DNA set in a single cell of an organism.
The worldwide Genomics Market is systematically categorized on the basis of products, applications, technologies, and regions. Instruments, services, and consumables are the three key product segments. With a nearly 60% share, consumables dominated the industry in 2013. This segment is expected to grow at a CAGR surpassing 11% during the forecast period. Popularity of genomic testing in a host of commercial applications is a key driver of this segment.
Browse Details of Report @ https://www.hexaresearch.com/research-report/genomics-industry
On the basis of applications, the global genomics industry is divided into academic research, drug discovery, diagnostics, personalized medicine, and others. Diagnostics held the highest market share in 2013. Preference for molecular diagnostics tests and awareness among medical practitioners about the advantages of genetic-based diagnostics are factors that propel this segment. It is expected that personalized medicine will register a high growth rate throughout the forecast period. Treatment optimization, affordable treatments, patient compliance, early disease prognosis, and drug safety are vital drivers of this segment. North America emerged a global leader in the market for personalized medicine in 2013. This was due to progress in the world of genetics and robust technological developments.
As per technologies, the industry is segmented as DNA microarray, nucleic acid extraction & purification, PCR (polymerase chain reaction), and DNA sequencing. PCR led the market in 2013 due to factors, such as R&D in genomics & proteomics, encouraging government policies on R&D funding, and technological advancements. Ongoing industry trends suggest that the nucleic acid extraction & purification segment may grow at a CAGR exceeding 10% till 2024.
Europe, Asia Pacific, North America, and Rest of the World are the four regional segments of the global Genomics Industry. Prevalence of cardiovascular & genetic disorders and high investments in genomics & proteomics drive the Europe genomics market. This region held the largest industry share in 2013. However, volatile economic conditions and uneven reimbursement policies may hamper regional growth in the forthcoming years.
Asia Pacific is expected to grow rapidly over the forecast period because of widespread adoption of genomics techniques in emerging countries, such as China and India. These regions utilize genomics technologies to diagnose & treat diseases, like cancer and diabetes. Other factors that fuel the Asia Pacific region are surging medical expenditure, high disposable incomes, and better healthcare infrastructure. Key players in the global genomics market are Life Technologies, Roche Diagnostics, GE Healthcare, Agilent Technologies, and Cepheid.
Researchers have developed a microscope that uses a cell phone camera for detecting fluorescent components of DNA sequencing responses in tissues & cells. This special device can identify point mutations in KRAS genes. The KRAS gene is found in more than thirty percent of colon cancers. A number of sequencing techniques are used to fluorescently label & amplify copies of the target DNA transcript or sequence.
Browse Related Category Market Reports @
https://www.hexaresearch.com/research-category/biotechnology-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
Visit our Blog: hexaresearch1.blogspot.com
#genomics market size#genomics market share#genomics market trends#genomics market analysis#genomics market growth
0 notes
Text
Genomics In Cancer Care Market Size, Analysis, Growth and Forecasts to 2024 | Hexa Research
The global Genomics in Cancer Care Market is projected to expand at a CAGR over 17.3% during the forecast period (2016 to 2024). Factors driving the industry are availability of sophisticated & cost effective diagnostic technologies and surging R&D investment in biotechnology & pharmaceuticals. Growing popularity of personalized medicine could favorably influence demand in the forthcoming years.
Genome refers to the material that contains genetic information in an organism. The DNAs contained within cells make up one’s genome. Cancer is a disease that adversely impacts the genome. It alters the DNA structure within cells. These cells then start producing a protein that has an adverse effect on the working of the cells. Companies operating in the global industry constantly strive towards enhancing the efficacy of genome based cancer treatment. Rising cancer cases worldwide may catapult demand for precise & affordable diagnostic solutions.
Browse Details of Report @ https://www.hexaresearch.com/research-report/genomics-in-cancer-care-market
The worldwide Genomics In Cancer Care Market is categorized on the basis of the following parameters: products, applications, technologies, end users, and regions. As per products, the trifurcations are consumables & reagents, instruments, and services. When it comes to target specific treatment, demand for instruments is by far the highest. This segment may witness robust growth over the next couple of years. Rising awareness among the masses about the availability of several treatment & diagnostic options can drive the market for services. Based on applications, the industry is segmented into personalized medicine, research, diagnostics, and drug discovery & development. The research segment is highly lucrative and thus holds a major share in the overall industry.
Various technologies employed in the Genomics In Cancer Care Market are nucleic acid extraction & purification, genome sequencing, microarray, PCR (polymerase chain reaction), and others. ‘Others’ refers to bioinformatics and flow cytometry. Genome sequencing facilitates effective & precise diagnosis. This is a key aspect that may fuel the genome sequencing segment in the years to come. The introduction of highly advanced instruments for genomics processes may drive the PCR & microarrays segments.
Furthermore, these instruments are widely employed in biotechnological applications. Key end users in the genomics in cancer care industry are academic institutes, research organizations, and hospitals. The other end users are commercial organizations, physician offices, and even diagnostic laboratories.
As per regions, the worldwide Genomics In Cancer Care Market is divided into Latin America, North America, Europe, Asia Pacific, and the Middle East & Africa. Due to widespread awareness, North America may continue leading the biotechnology industry from 2016 to 2024. Asia Pacific may register a high growth rate due to factors, such as better healthcare infrastructure, steady government assistance, and untapped opportunities for further market progress. Prominent industry players are Cancer Genetics Inc.; Roche Diagnostics; Bio-Rad Laboratories; Affymetrix; and GE Healthcare.
DNA liquid biopsy testing is an upcoming disease fighting tool that may gain popularity in the near future. This technique involves a simple blood draw. Dying cancer cells generally release minute quantities of DNA into the patient’s blood. This can facilitate early detection of cancer. In China, a number of research hospitals have begun conducting major studies that employ such tests. This leads to better DNA analyses that may act as screenings tests for illnesses, like nasopharyngeal carcinoma and liver tumors.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/biotechnology-industry
#Genomics In Cancer Care Market#Genomics In Cancer Care Market size#Genomics In Cancer Care Market share#Genomics In Cancer Care Market analysis#Genomics In Cancer Care Market growth#Genomics In Cancer Care Market trends#Genomics In Cancer Care Market forecasts
0 notes
Text
Healthcare Nanotechnology Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
The global healthcare nanotechnology market is anticipated to grow at a CAGR surpassing 12% from 2016 to 2024 (forecast period). This market is primarily driven by technological advancements & innovations in nanotechnology. Nanotechnology in healthcare aims at curing molecular & submicroscopic parts by monitoring & repairing, and by reconstructing them. This industry is propelled by development initiatives that are funded by government & private organizations that focus on neurological & cardiovascular ailments. Focus on enhancing drug efficiency also has a favorable impact on market demand. Nanotechnology is expected to gain importance in the areas of disease prevention, diagnosis, and therapy.
The global healthcare nanotechnology market is segmented on the basis of applications, end users, and regions. On the basis of applications, the industry is categorized into clinical cardiology, drug delivery systems, clinical neurology, molecular diagnostics, clinical oncology, and anti-inflammatory & anti-infective applications. The other applications are kidney andophthalmology, dental, hematology, and orthopedic. Clinical oncology is a rapidly growing segment due to the efficacy of nano particles to fight against cancerous tissues & tumors.
Browse Details of Report @ https://www.hexaresearch.com/research-report/healthcare-nanotechnology-industry
High incidence of cardiovascular anomalies can augment the cardiovascular segment over the forecast period. The market for nanotechnology applications in cardiology holds high growth potential in most developing & underdeveloped economies. The anti-infective segment is projected to expand considerably because of rising prevalence of air-borne diseases, bird flu, and swine flu. Based on end users, the market is trifurcated into ambulatories, clinics, and hospitals.
The hospitals segment may expand substantially owing to rising cases of chronic ailments and high awareness about disease prevention. A number of large and medium sized hospitals have begun adopting nanotechnology. Unlike small hospitals that have limited resources, the large ones can adopt newer technologies because of favorable budgetary conditions.
Geographically, the global industry is divided into Asia Pacific, North America, Europe, and Rest of the World. North America held the highest share in terms of revenue in 2014. Factors, such as high investments and sophisticated technologies can fuel this region in the forthcoming years. Ongoing industry trends suggest that Asia Pacific may register a high rate of growth at the same time. Key regional drivers are surging disposable incomes, outsourcing of healthcare services, and growing population.
Prominent companies operating in the worldwide healthcare nanotechnology market are Celgene Corporation, CombiMatrix Corporation, Johnson & Johnson, Abbott Laboratories, and Teva Pharmaceuticals Industries Ltd. Characterized by stiff competition, the industry witnesses frequent business ventures and regional expansion initiatives.
Researchers & scientists are trying to develop nanosensors that can detect the occurrence of heart attacks (myocardial infarction). This could not only save lives but also money. Such a technology uses miniature blood stream nanosensors chips that can sense the onset of a heart attack. An individual with the help of this tiny chip can receive a warning on some wireless device or smartphone to immediately seek medical help. The updated version of this chip measures only ninety microns (a size way lesser than a sand grain). This combination of a smartphone and a nanosensor may even help detect certain types of cancers and autoimmune diseases. These sensors are mostly used in animals for glucose detection.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/biotechnology-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
Visit our Blog: hexaresearch1.blogspot.com
#healthcare nanotechnology market#healthcare nanotechnology market size#healthcare nanotechnology market share#healthcare nanotechnology market analysis#healthcare nanotechnology market growth#healthcare nanotechnology market trends#healthcare nanotechnology market forecasts
0 notes
Text
BioMEMS Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
The global BioMEMS (bio-medical electromechanical systems) market is projected to grow at a CAGR above 25% over the forecast period (2016-2024). It stood at USD 2.5 billion in 2014. This can be credited to the expanding pool of patients adopting medical instruments on a rental basis. ‘BioMEMS’ is a subset of MEMS devices used in biomedical research. These devices are applied extensively in the healthcare sector. Based on requirement, these are offered as customized solutions to customers. BioMEMS includes devices, such as micro-optics, actuators, structural elements, miniature sensors, and microfluidic devices with computation & controls. They help patients by providing improved device performance.
Introduction of accelerometers in pacemakers has improved the treatment of cardiac diseases. This has contributed significantly to market growth. Other factors driving the market are a growing geriatric populace, low cost, and high efficiency of these devices. Long product development cycles and high research & development costs could impede market growth. But alliances between pharmaceutical and engineering companies may prove beneficial during the forecast period.
Browse Details of Report @ https://www.hexaresearch.com/research-report/biomems-market
The BioMEMS market is segmented according to materials, products, applications, end-users, and regions. Materials used are silicon & glass, plastics & polymers, paper, and biological materials. Silicon is the most widely applied material in micromachining technology. Due to its compatibility with electricity, it is used by major semiconductor companies.
Products are divided into injectables, implantables, and others. Injectables are sub-divided into micro modules and needles. Accelerometers, drug delivery devices, biochips, gyroscopes & biosensors, and stents are implantable products. Accelerometers are used in sophisticated wheelchairs, such as the iBOT Mobility system. Accelerometers are being used only in defibrillators and implantable pacemakers, thus restraining their growth. But novel applications, like ballistocardiography, may fuel this segment in the forecast period. ‘Others’ includes micro motors, catheters, and inhalers.
Major applications in the global BioMEMS market are therapeutics, tissue engineering, diagnostics, and others. Others include surgery and medical implants. BioMEMS sensors are used to monitor pregnancy, cholesterol rates & food allergy, and in DNA analysis. Sensors that offer crucial information to doctors for the right prognosis are gaining popularity in the world of medicine. This can benefit the ‘diagnostics’ segment in the forthcoming years.
Based on end-users, the BioMEMS market is fragmented into healthcare, research centers, bioprocessing, environmental applications, and food & agricultural industry. Home diagnostics, hospitals, pharmaceuticals, and in-vitro diagnostics are the four segments covered under healthcare. Safety concerns regarding viral diseases may trigger the global demand for home diagnostics. In-vitro diagnostics are anticipated to be the largest end-user, followed by pharmaceuticals and research centers.
Regions covered under the BioMEMS market are North America, Latin America, Asia Pacific, Europe, and Middle East & Africa (MEA). North America will lead the global market due to the high concentration of healthcare manufacturers in the region. Europe follows North America and stands second. Asia Pacific is expected to grow significantly during the forecast period because of favorable economic conditions.
Major players operating in the BioMEMS market are Integrated Sensing Systems, Inc. (ISSYS), Bluechiip Ltd., Given Imaging, and Cepheid Inc. Mergers & acquisitions are a common market strategy employed by players for market expansion. Japan based TDK Corporation recently acquired Tronics Microsystems. TDK Corporation has thus expanded its product portfolio. SPTS Technologies Ltd. and IMEC are jointly engaged since 2013 in the development of newer techniques for molecular diagnostics and DNA sequencing.
Browse Related Category Market Report @ https://www.hexaresearch.com/research-category/biotechnology-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
Follow us on Linkedin :
https://www.linkedin.com/company/hexa-research
#BioMEMS market#BioMEMS market size#BioMEMS market share#BioMEMS market analysis#BioMEMS market growth#BioMEMS market trends#BioMEMS market forecasts
0 notes