Japan-headquartered market research and information service provider, Global Information has prepared two important reports on the Microelectromechanical systems (MEMS) market. One report covers the market performance of MEMS in the cell phone and tablet domain. The other report highlights the opportunities and future proposals for BioMEMS.
MEMS have become extremely favorable for use in a host of mobile applications. This is reflected in the phenomenal growth over the period 2009 to 2011 during which the MEMS market is estimated to have tripled. However, production is mostly confined to just three types of MEMS products, namely, MEMS microphones, motion sensors and BAW filters and duplexers.
The new MEMS report talks about other MEMS devices that are in the making and draws attention to the opportunities that can drive the growth of the MEMS market further such as oscillators, pressure and environmental sensors, joysticks, micro displays, radio frequency switches and micro speakers. By 2017, the MEMS market value is expected to grow to $5.4 billion, which is an increase of 19.8%. ST Microelectronics is pegged as the market leader in 2011 with $477 million revenue from tablets and cell phone supplies. The company has worked its way up from a third rank in 2009 to first spot in 2011. ST Microelectronics is in expansion mode into areas outside the MEMS accelerometer market and faces competition from only one player, InvenSense.
The report is available from June 5, 2012. A pre-launch rebate of 10% is available for orders placed prior to June 4, 2012.
The report on the impact of BioMEMS on healthcare talks about the business opportunities available, the current market penetration, and identifies the stakeholders. The report also charts out a roadmap and highlights the benefits BioMEMS can bring into the field of medicine by means of economical, efficient and less invasive diagnostic and treatment methods. Some valuable applications of BioMEMS can be in implanted sensors for detection of heart failure, implanted sensors in the retina to restore sight and even perform the function of kidney as an implanted device.