India Medical Microcontroller Market, By 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) Industry Trends and Forecast to 2029
India Medical Microcontroller Market Analysis and Insights
Medical microcontrollers offer numerous advantages over the normally used microcontroller in electronic devices. The features of medical microcontrollers are low time commitment required for operation, simple to use, troubleshooting, and keeping up-to-date. Many chores can be completed in the same amount of time as humans can, reducing the overall environmental impact. The processor chip is quite small, and it can be customized. The system has a lower price and is smaller in size, and microcontrollers can't be reprogrammed once they've been set up. These prime factors have increased the adoption of microcontrollers in the medical industry in the recent past. Therefore, these benefits are expected to boost India medical microcontroller market growth over the forecast period. This feature allows a microcontroller to work independently and develop the efficiency of medical devices, which depends on technology for medical usage services and the entrance of new market players in the region. It is expected that the India medical microcontroller market is going to boom in the future.
In current times, the importance of medical microcontroller construction has grown drastically and the growth of microcontroller connectivity across India. In addition, there is a growing market demand for medically advanced medical devices. Data Bridge Market Research analyses that the India medical microcontroller market is expected to reach a value of USD 833.39 million by 2029 and will grow at a CAGR of 8.0% during the forecast period of 2022 to 2029.
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in Million, Volumes in Million Units, Pricing in USD
By 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)
Market Players Covered
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)
The microcontroller can be defined as a microchip, microcomputer, or integrated circuit containing programmable input/output peripherals, processors, and memory. There are various microcontrollers, among which microcontroller 8051 is used frequently. Microcontrollers are intended for embedded devices, compared to the microprocessors used in PCs or other all-purpose devices. Microcontrollers are employed in automatically managed inventions and appliances such as power tools, implantable medical devices, automobile engine control systems, and offices. The application of microcontroller 8051 in medical applications made revolutionary changes in the medical field. The patient health monitoring system with location details by GPS over GSM is an electronic project based on a microcontroller application. This project is designed to track the patient's location, enabling the facility to reach the patient location quickly in an emergency. With this project, the patient's body temperature can be monitored wirelessly using GPS, and a message can be sent to the concerned/authorized person using GSM.
India Medical Microcontroller Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
- Rise in the demand for microcontrollers in edge AI
Advancements in power electronics have left behind the understanding that high-end hardware is required to perform machine learning and deep learning tasks. Gateways, edge servers, or data centers execute training and inference at the edge. In an increasing number of cases, the latest microcontrollers, some with embedded ML accelerators, were able to bring ML to edge devices.
IoT product designers see the tremendous potential of AI and machine learning to bring even greater intelligence to edge applications like home security systems, wearable medical monitors, sensors monitoring commercial facilities and industrial equipment, and more. Those considering deploying AI or machine learning at the edge are faced with steep performance and energy use penalties that may outweigh the benefits.
- Increase in the demand for embedded memory microcontrollers in medical devices
The market for personal wellness and medical wearable applications is growing fast. New technological advancements and changing lifestyles have led to increased adoption of smart devices throughout the globe. The number of wearable device users around the globe is increasing, directly impacting the demand for sophisticated electronics used for developing these technologies.
Embedded systems are used in MRI and CT scanners, which use radio frequency pulses and x-rays to produce a picture of the parts of the body and the structure of the human body. Devices must also have high accuracy, low noise, and extremely low power dissipation in various operational modes to ensure sufficient operating life on a single charge. This has led to new complex demands being placed on the internal electronic components of devices. Sonography machines are also inbuilt with embedded systems called ultrasound imaging which uses high-frequency sound waves.
- Increase in the demand for PIC18-q40 microcontroller
The world is becoming more connected than ever, and with the rapid rise of the Internet of Things (IoT), home appliances are part of smart home automation networks. They result in quieter and more energy-efficient medical appliance designs driven by intuitive sensor-based operation. Products can now be linked seamlessly together, forming widespread digital networks with intelligence and communication built-in. This trend delivers higher levels of functionality, making life more convenient for tech-savvy consumers.
The PIC18-Q40 microcontrollers make the system work easier by allowing customization for India's next space constraint design. These microcontrollers are built with a high level of sophistication into a small 14 to 20 pins package. This microcontroller contains highly configurable core-independent peripherals with advanced interconnection capabilities. These microcontrollers are well suited for remote medical care devices, wearables, consumer, automotive, industrial, and the internet of things.
- Increase in the adoption of microcontrollers in medical and fitness applications
The fitness and medical devices use technologies have been evolving at a larger pace with increasing developments in connectivity. There has been a growing emphasis worldwide on increasing the production and adoption of fitness devices for reducing the burden on doctor for regular check-ups.
This progress can be attributed to the technological developments in medical devices that consume low power and need high voltage and current with the latest design and compact size. This has created tremendous opportunities in power electronics components such as ultra-low power microcontrollers.
- Increase in the focus on energy conservation and environmental responsibility
Electrical power is the foundation for sustaining our perpetually humming modern society. Electrical power consumption has risen in recent years, despite the calls for energy conservation. The rapid proliferation of IT devices is catalyzing this trend considerably. Against this background, power electronics is drawing renewed attention today as one of the key technologies for alleviating environmental and energy problems.
- Restraint/ Challenge
Increasing macroeconomic conditions
Increasing macroeconomic conditions will pose a major challenge to the microcontroller market growth. Intense competition among 16-bit, 32-bit, and other microcontroller systems will further dampen the microcontroller market growth rate. Lack of standardization and security and privacy concerns will also hamper the microcontroller market growth rate.
Covid-19 Impact on India Medical Microcontroller Market
COVID-19 has positively affected India medical microcontroller market. As data production was unaffected by the lockdowns, businesses and institutions were constantly working on these data to enhance their products. The demand for more electric vehicles has also been seen in that phase, but the construction of electric charging stations was impacted, which has caught the required phase post-pandemic. There is no denying that the data center construction market has progressed positively during and after COVID-19.
- In December 2020, NXP Semiconductors announced the partnership with Foxconn Industrial Internet Ltd., a subsidy company of the Foxconn group, to transform the car into the ultimate edge device. NXP provided FII with its comprehensive portfolio of automotive technologies. The initial phase of the joint project focused on the development of a full digital cockpit solution that includes digital clusters and a head-up display (HUD) system, which will enable leading global automotive OEMs and Tier Ones to deliver vivid in-vehicle experiences for their customers
- In July 2020, Future Electronics, a leading global distributor of electronic components, is featuring the STMicroelectronics STM32L5 Series of Microcontrollers (MCU) in the latest issue of The Edge. The series is the solution to increasing focus on security for developers of embedded and IoT applications. These microcontrollers are mainly used in medical devices because it's low on cost and offers more features
India Medical Microcontroller Market Scope
India medical microcontroller market is segmented based on the type, memory, number of pins, connectivity, components, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- 8-Bit Microcontrollers
- 16-Bit Microcontrollers
- 32-Bit Microcontrollers
- 64-Bit Microcontrollers
On the basis of the type, India medical microcontroller market is segmented into 8-bit microcontrollers, 16-bit microcontrollers, 32-bit microcontrollers, and 64-bit microcontrollers.
- Embedded Memory Microcontroller
- External Memory Microcontroller
On the basis of memory, India medical microcontroller market is segmented into embedded memory microcontroller and external memory microcontroller.
Number of Pins
- Less than 20 Pin
- 20 Pins to 40 Pins
- More than 40 Pins
On the basis of number of pins, 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, India medical microcontroller market is segmented into bluetooth, wi-fi, zigbee, and others.
- Serial Port
On the basis of components, India medical microcontroller market is segmented into memory, CPU, serial port, and others
- Diagnostic equipment,
- Medical imaging
- Therapy equipment
On the basis of application, India medical microcontroller market is segmented into diagnostic equipment, medical imaging, therapy equipment, and others.
India Medical Microcontroller Market Regional Analysis/Insights
The India medical microcontroller market is analyzed, and market size insights and trends are provided for type, memory, number of pins, connectivity, components, and application referenced above.
The country section of the report also provides individual market-impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and India Medical Microcontroller Market Share Analysis
The data medical microcontroller market competitive landscape provides details of a competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on India medical microcontroller market.
Some of the major players operating in the India medical microcontrollers market are Infineon Technologies AG, Renesas Electronics Corporation, Nuvoton Technology Corporation, STMicroelectronics, Mouser Electronics, Inc., TMI Systems, Integrated Silicon Solution Inc., Zilog, Inc., Analog Devices, Inc., Microchip Technology Inc., ROHM CO., LTD., Digi-Key Electronics, Texas Instruments Incorporated, FUJITSU SEMICONDUCTOR MEMORY SOLUTION, General Electric Company, Integral Medical Instrumentation, Semiconductor Components Industries, LLC, NXP Semiconductors, Toshiba Corporation, Panasonic Corporation of North America, Bhairav Electronics, Cosmic Devices, Skrip Electronics and among others.