NEW YORK – The global MEMS medical applications market was $1.8 billion in 2012 and is expected to grow at a CAGR of 20.2% from 2013 to 2019, reaching an estimated $6.5 billion in 2019, says Transparency Market Research.

Pressure sensors were the largest market with $486 million in 2012, and are expected to grow at CAGR of 18.7% from 2013 to 2019, according to the firm’s new report.

Geographically, the North American region captures the largest market of MEMS in medical applications, with $800 million in 2012. However, Asian countries, namely India and China, are witnessing fast growth and are predicted to emerge as dominating markets in the near future.