For a while now, the semiconductor market has benefitted from the growing medical electronics industry which has been one of the few steady markets long term in the economy. Aging populations, rising incomes in emerging markets, and the unfortunate rise in "lifestyle" diseases are some of the macro-factors driving revenue in medical technology markets. Near term growth is attributable to growing trends in health and wellness management with new applications hitting the market and gaining momentum, including wearables.
This study provides forecasts for semiconductors by product family for the medical application market. Forecasts are provided by region, application, and product type. Market share is also provided for semiconductor suppliers and medical equipment manufacturers. Semiconductor spending is also estimated for those manufacturers.
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