Semiconductor Market In Healthcare Sector 2025-2029
The semiconductor market in healthcare sector is forecasted to grow by USD 5409.8 mn during 2024-2029, accelerating at a CAGR of 11.4% during the forecast period. The report on the semiconductor market in healthcare sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for advanced medical devices, increasing prevalence of chronic diseases, and growing adoption of wearable devices in healthcare.
Technavio's semiconductor market in healthcare sector is segmented as below:
By Component
- ICs
- Sensors
- Optoelectronic
- Discrete components
By Application
- Medical imaging
- Patient monitoring
- Diagnostic equipment
- Wearable
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the focus on sustainable semiconductor manufacturing as one of the prime reasons driving the semiconductor market in healthcare sector growth during the next few years. Also, introduction of new products and increased adoption of robotics in healthcare will lead to sizable demand in the market.
The report on the semiconductor market in healthcare sector covers the following areas:
- Semiconductor Market In Healthcare Sector sizing
- Semiconductor Market In Healthcare Sector forecast
- Semiconductor Market In Healthcare Sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading semiconductor market in healthcare sector vendors that include ams OSRAM AG, Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corp., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK hynix Co. Ltd., STMicroelectronics NV, Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments Inc., and Toshiba Corp.. Also, the semiconductor market in healthcare sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.