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 ... Read more
