April 11 Panasonic Corp plans to enter
the microelectromechanical systems(MEMS) market and develop and
commercialize MEMS sensors and devices from this year, the
Nikkei business daily reported.
The company is looking to develop MEMS components for use in
blood pressure sensors, micro pumps for measuring blood flow and
bio-sensors for tracking changes in temperatures and enzymes,
the paper said.
Panasonic has already been manufacturing MEMS parts for
mobile phones and other consumer products and for its medical
MEMS business, the company is considering expanding the scale of
operations at Panasonic Electronic Devices Co.'s production base
in Fukui Prefecture, the daily reported.
French market research firm Yole Development sees the
medical MEMS parts market roughly tripling to $4.15 billion by
2015, the Nikkei said.
According to U.S. research firm IHS iSuppli Corp, the MEMS
market shows growth worldwide, with the global MEMS market
expected to be worth around $10.8 billion by 2014,which is a
rise of 53 percent from 2010, the paper said.
(Reporting by Maneesha Tiwari in Bangalore; Editing by Joyjeet