Bio-MEMS is an abbreviation for biomedical (or biological) microelectromechanical systems. Bio-MEMS have considerable overlap, and is sometimes considered synonymous, with lab-on-a-chip (LOC) and micro total analysis systems (μTAS). Bio-MEMS is typically more focused on mechanical parts and microfabrication technologies made suitable for biological applications. On the other hand, lab-on-a-chip is concerned with miniaturization and integration of laboratory processes and experiments into single (often microfluidic) chips.
According to the new market research report “Global Bio-MEMS Market Report 2023-2029”, published by QYResearch, the global Bio-MEMS market size is projected to reach USD 9.6 billion by 2029, at a CAGR of 9.3% during the forecast period.
Figure. Global Bio-MEMS Market Size (US$ Million), 2018-2029
Figure. Global Bio-MEMS Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
The global key manufacturers of Bio-MEMS include Danaher, Thermo Fisher Scientific, Roche, Illumina, Abbott Laboratories, PerkinElmer, Agilent Technologies, Bio-Rad Laboratories, Amphenol, TE Connectivity, etc. In 2021, the global top five players had a share approximately 58.0% in terms of revenue.
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