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Demand for Sophisticated Medical Devices Driving Growth of Semiconductor IC Market
1 pages
Published by
Star One Public Relations
Demand for Sophisticated Medical Devices Driving Growth of
Semiconductor IC Market
A recently released report by Technavio reveals that the Global Semiconductor Integrated
Circuit (IC) market is expected to grow at a CAGR of 8.
5...
[More]
Demand for Sophisticated Medical Devices Driving Growth of
Semiconductor IC Market
A recently released report by Technavio reveals that the Global Semiconductor Integrated
Circuit (IC) market is expected to grow at a CAGR of 8.
5 percent.
London, UK, August 29, 2011 -- A recently released report by Technavio, specialists in emerging
technologies market research, reveals that the Global Semiconductor Integrated Circuit (IC)
market is expected to grow at a CAGR of 8.
5 percent.
The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the
market is being driven by the growing demand for high-end medical devices.
According to Technavio’s industry analyst, “Semiconductor ICs are used extensively in high-end
medical devices.
The demand for such devices has been growing consistently with technological
advancements in healthcare.
Smart chips in particular have been aiding doctors to diagnose
critical illnesses.
As a result, there is increasing demand for
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