Medical Market

 

Q4 2014 Medical Market Tracker

The medical market is expected to outperform the overall semiconductor industry with a predicted annual growth rate of 11 percent. Long term this market is expected to grow at a compound annual growth rate of 8 percent per year. Currently the value of semiconductors used in medical applications is around $4.2 billion and constitutes close to 12 percent of all semiconductors used in the industrial market. This tracker provides uses with forecasts for semiconductors used in the medical market. Forecasts are provided by region, by application segment, and by application. Databeans segments the medical application market into three categories which are consumer, imaging, and clinical. Market share is also provided not only for the suppliers of semiconductors used in medical, but also for the OEMs that produce medical electronics. Estimates are also provided for the OEMs in terms of their annual spend on semiconductors required to manufacture products.

Q3 2014 Medical Market Tracker

Medical is a small but important market for semiconductors. The total available market is anticipated to reach over $4.1 billion by the end of 2014. This tracker provides an outlook on semiconductor devices used in medical electronics. Forecasts are provided by application, region, and by product type. Market share for medical OEMs is provided along with market share for the semiconductor suppliers that are used to build these applications.

Q2 2014 Medical Market Tracker

Medical is a large and important market for semiconductors. The total available market is anticipated to reach over $4 billion by the end of 2014. This tracker provides an outlook on semiconductor devices used in medical electronics. Forecasts are provided by application, region, and by product type. Market share for medical OEMs is provided along with market share for the semiconductor suppliers that are used to build these applications.

Q3 2013 Medical Market Tracker

This tracker provides an outlook on semiconductor devices used in medical electronics. Forecasts are provided by application, region, and by product type. Demand for products used in medical electronics is one of the driving markets in the industrial segment for semiconductors. Consumer electronics, such as PCs and mobile phones, are constantly being upgraded to faster, more efficient chips and do not typically last on the market for more than a few years before they are due for an improved alternative. Furthermore, demand for consumer electronics is always changing and competition is high between manufacturers to provide the newest technology to customers. Comparatively, designs for medical electronics require longevity; they often need to last through a government approval process, which can be lengthy, and require a lifespan in some applications of as much as a decade. Despite the long lifetimes of most chips in the medical field, it is a large and quickly growing industry as technology continues to advance.