The medical microcontroller market in India is witnessing significant growth, propelled by advancements in healthcare technology and increasing demand for innovative medical devices. These microcontrollers play a pivotal role in various medical applications, including patient monitoring systems, diagnostic equipment, and implantable medical devices. India's healthcare sector is witnessing a surge in demand for sophisticated medical devices, and the integration of microcontrollers addresses this need by enhancing device functionality and efficiency.
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Data Bridge Market Research analyses that the India Medical Microcontroller Market is expected to reach a value of USD 833.39 million by 2029 from USD 450.25 million in 2021 and will grow at a CAGR of 8.0% during the forecast period of 2022 to 2029. The surge in demand for portable and wearable medical devices, integrating medical microcontrollers, is fueled by a growing preference for convenience and continuous health monitoring. These devices offer users a seamless and accessible means to track and manage their health in real time, contributing to the rising trend in healthcare technology.
Key Findings of the Study
Rise in the demand for microcontrollers in edge AI is expected to drive the market's growth rate
The surge in demand for microcontrollers in edge AI reflects a shift from the belief that high-end hardware is essential for machine learning tasks. Advancements in power electronics enable training and inference at the edge using microcontrollers, some featuring embedded ML accelerators. IoT product designers recognize AI's potential in enhancing edge applications, such as home security systems and wearable medical monitors.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (8-Bit Microcontrollers, 16-Bit Microcontrollers, 32-Bit Microcontrollers, And 64-Bit Microcontrollers), Memory (Embedded Memory Microcontroller And External Memory Microcontroller), Number Of Pins (Less Than 20 Pin, 20 Pins To 40 Pins, And More Than 40 Pins), Connectivity (Bluetooth, Wi-Fi, Zigbee, And Others), Components (Memory, CPU, Serial Port, And Others), Application (Diagnostic Equipment, Medical Imaging, Therapy Equipment, And Others)
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Market Players Covered
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Renesas Electronics Corporation. (Japan) General Electric Company (U.S.), Nuvoton Technology Corporation (China), STMicroelectronics (US), Mouser Electronics, Inc. (U.S.), Microchip Technology Inc. (U.S.), TMI Systems. (India), ROHM CO., LTD. (Japan), NXP Semiconductors. (US) TOSHIBA CORPORATION (China), Analog Devices, Inc. (U.S.), Integral Medical Instrumentation. (India), Infineon Technologies AG (Germany), Semiconductor Components Industries, LLC (U.S.), Zilog. Inc (U.S.), Panasonic Corporation of North America (U.S.), Integrated Silicon Solution Inc. (U.S.), Texas Instruments Incorporated (U.S.), Digi-Key Electronics. (U.S.), FUJITSU SEMICONDUCTOR LIMITED (Japan), Bhairav Electronics (India), Cosmic Devices (India), Skrip Electronics (India)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The India medical microcontroller market is segmented on the basis of type, memory, number of pins, connectivity, components, and application.
- On the basis of type, the India medical microcontroller market is segmented into 8-bit microcontrollers, 16-bit microcontrollers, 32-bit microcontrollers, and 64-bit microcontrollers
- On the basis of memory, the India medical microcontroller market is segmented into embedded memory microcontroller and external memory microcontroller
- On the basis of number of pins, the India medical microcontroller market is segmented into less than 20 pin, 20 pins to 40 pins, and more than 40 pins
- On the basis of connectivity, the India medical microcontroller market is segmented into bluetooth, wi-fi, zigbee, and others
- On the basis of components, the India medical microcontroller market is segmented into memory, CPU, serial port, and others
- On the basis of application, the India medical microcontroller market is segmented into diagnostic equipment, medical imaging, therapy equipment, and others
Major Players
Data Bridge Market Research recognizes the following companies as the major India medical microcontroller market players in India medical microcontroller market are Semiconductor Components Industries, LLC (U.S.), Zilog. Inc (U.S.), Panasonic Corporation of North America (U.S.), Integrated Silicon Solution Inc. (U.S.), Texas Instruments Incorporated (U.S.), Digi-Key Electronics. (U.S.), FUJITSU SEMICONDUCTOR LIMITED (Japan), Bhairav Electronics (India), Cosmic Devices (India), Skrip Electronics (India)
Market Developments
- In September 2021, Texas Instruments (TI) and Delta Electronics joined forces to create an enterprise-grade server power supply unit (PSU) using TI's gallium nitride (GaN) technology and C200 real-time microcontrollers (MCUs). The collaborative effort resulted in a solution boasting an 80% increase in power density and a remarkable 1% efficiency improvement, reaching up to 99.2%. Designed explicitly for data centers, this innovation positions Delta Electronics as a global leader in power and thermal management solutions for various applications
- In December 2020, NXP Semiconductors unveiled a collaboration with Foxconn Industrial Internet Ltd., a subsidiary of the Foxconn group. NXP supplied FII with its extensive automotive technology portfolio to redefine cars as ultimate edge devices. The initial project phase concentrated on crafting a complete digital cockpit solution, encompassing digital clusters and a head-up display (HUD) system. This collaboration aims to empower automotive OEMs and Tier Ones worldwide to deliver immersive in-vehicle experiences for their customers
- In July 2020, Future Electronics showcased the STMicroelectronics STM32L5 Series of Microcontrollers in The Edge. As a premier global distributor of electronic components, Future Electronics highlighted these microcontrollers as a pivotal solution for developers emphasizing security in embedded and IoT applications. The STM32L5 Series, known for its cost-effectiveness and rich features, finds significant application in the medical device sector, meeting the industry's demands for advanced functionality while maintaining affordability
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