Thanks to semiconductor technology for making medical more affordable
I remember that a few decades ago, my father had to go to a clinic opened by a nearby doctor to check blood pressure and blood sugar. Around the 1990s, there was a small electronic kit that was able to measure these daily health indicators and display the results instantly. At that time, I honored my parents with some small devices. Nowadays, the situation is very different. You can even measure ECG (electrocardiogram) at home, in the office or anywhere. You only need to buy a small portable and very affordable ECG machine. Here are a few other examples. As semiconductor ICs and sensors merge into these systems, small and powerful health systems become ubiquitous. Semiconductor chips not only lower the price of computing devices and consumer electronics (such as personal computers, mobile phones, household appliances, etc.), but also make health care systems more affordable, not only improve the automation of these medical systems, but also medical Health workers, patients or healthy people who perform preventive health checks are more friendly and easy to use.
The current medical semiconductor market continues to grow, which is a very healthy signal. ICs and sensors, especially those used in small and powerful medical systems, drive the strong growth of medical ICs. The current technology is very developed. There is a biomedical pill with a micro sensor. When it enters the human stomach, it can send back a signal that reflects the health of the stomach to the medical system (or even to your mobile phone). ), and then excreted as excrement, without causing any harm to people.
IC Insights' medical semiconductor market forecast report shows that the CAGR (composite annual growth rate) of global medical semiconductor sales can reach approximately 12.3% between 2013 and 2018, and by the end of 2018, total sales will increase to $8.2 billion. The CAGR between 2008 and 2013 was only 6.9%. It is understood that in addition to IC, medical semiconductor systems also include optoelectronics, sensors / actuators or discrete components (OSD), the report further shows that the CAGR of the OSD part can be as high as 20.3%, while the CAGR of the IC part is 10.7%, but Due to the difference in the base, by the end of 2018, the revenue of the IC part will reach 6.6 billion US dollars, and the OSD part will be 1.6 billion US dollars.
OSD components are often used in optical imaging and diagnostic equipment. The development of SoC, MEMS (Micro Electro Mechanical Systems) and analog front-end data converter technology has led to the growth of small, portable medical devices that can be used outside the hospital. Moreover, the price of these devices has become significantly more affordable, which has opened up a new market for medical semiconductor ICs, embedded sensors and systems.
Today, the price of a small imaging system is only one-tenth the price of a large diagnostic system (such as an MRI or CT scanner) installed in a hospital, and can be used in a doctor's office, clinic, or elsewhere. Wearable devices such as health bracelets, sleep mode monitors, and heart monitors have driven the development of the medical semiconductor market on another level. In this market, the software app is as important as the hardware of the medical system.
These technologies not only help to develop portable medical systems, they can also help develop more powerful integrated large-scale medical systems and promote their applications. These systems can reduce the cost of medical treatment for serious diseases such as cancer, which either could not be treated before, or the cost is so high that ordinary people can only be discouraged. The application of semiconductor technology now allows disease to be detected earlier, and preventive treatment, including minimally invasive surgery, is also possible. It is estimated that by the end of 2018, the total sales of medical electronic systems can reach 70 billion US dollars.
Semiconductors and medical systems complement each other and give back to each other. Semiconductor technology makes medical systems more affordable, and medical systems in turn drive the semiconductor market. What a perfect positive feedback!
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