05 November 2012 Surge in demand for MEMS pressure sensors Surge in MEMS pressure sensor market The market for MEMS used as pressure sensors in medical electronics is set to grow 7% this year, aided by the use of disposable devices as well as respiratory monitoring. According to market research firm IHS iSuppli, revenue for pressure sensors in medical electronics applications will reach $137.6million in 2012, up 6% from $129.2m in 2011. Growth is also expected to be steady over the next few years, with revenue projected to reach $186.7m by 2016. "Although MEMS pressure sensor revenue from medical electronics is relatively small compared to pressure sensor revenue in the MEMS automotive segment, medical electronics belongs to the so called high value category, where average selling prices can be much higher than in the other MEMS segments," said Richard Dixon, principal analyst for MEMS and sensors at IHS. "This makes it a profitable and attractive market for MEMS suppliers." Besides medical electronics, the high value MEMS pressure category also includes the industrial and military/aerospace segment, which accounts for the remaining half of revenue for the overall high value MEMS space, worth $283.5m this year. Pressure sensors this year are expected to become the leading type of MEMS device, generating revenue worth $1.5bn. Author Laura Hopperton Comment on this article Websites http://www.isuppli.com/ Companies iSuppli This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.