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MEMS in the Global Medical Market: New Report with 2020-2023 Data, CAGR Projections to 2028 and Profiles of Leading Players TE Connectivity, STMicroelectronics, Teledyne Dalsa and Silex Microsystems

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DUBLIN, Feb. 22, 2024 /PRNewswire/ — The ‘Microelectromechanical Systems (MEMS) in Global Medical Markets’ report has been added to ResearchAndMarkets.com’s offering.

The Global Microelectromechanical Systems (MEMS) in the Medical Market was valued at USD 4.8 billion in 2023 and is expected to reach USD 7.2 billion in 2028, rising at a CAGR of 8.50%.

The products covered in this report include sensors (pressure, inertial, optical, magnetic, temperature and other sensors), drug delivery systems (inhalers/nebulizers, microneedles and micropumps), and microfluidic and lab-on-a-chip (LOC) devices (clinical in vitro diagnostic, point-of-care, medical research and analytical devices).

Of these, microfluidic and LOC devices account for the largest segment of the MEMS device market. In terms of microfluidic devices, the key potential lies in developing cartridges that are highly sensitive, multichannel and multiplexing systems.

The market is also segmented by application, which in this report includes pharmaceutical and life sciences research (high throughput, cellular analysis, genomics, proteomics and others), in vitro diagnostics (molecular diagnostics, immunology, biochemistry and others), and home healthcare and medical devices (diagnosis and patient monitoring, and surgical and medical equipment).

Application areas that hold immense potential for future growth include drug delivery devices, devices for medical research (especially genomics, cellular analysis and high throughput), cardiology, ophthalmology, endocrinology, in vitro diagnostics and tissue regeneration.

Drug delivery systems (DDS) based on organic, inorganic and hybrid nanoparticles are being developed as drug carriers for active targeting, especially in chemotherapy. The newest generation of DDS are designed with qualities such stability, toxicity, prolonged delivery, precise site targeting, higher permeability, increased solubility and reduced particle sizes. Compared to traditional dosage forms, they can greatly enhance the medicinal agent’s performance.

MEMS technology creates miniature drug delivery systems using polymers, micropumps, sensors, microvalves, reservoirs, actuators and high-performance computers, among other materials like silicon, glass, metals, and nitrides. However, because there are not enough refilling techniques, they would need frequent replacement procedures, making them less appropriate for long-term use. Furthermore, microvalves are used to regulate the rate of fluid flow, seal, and turning the delivery device on and off.

The Report Includes

56 data tables and 28 additional tablesAn overview of the global markets for microelectromechanical systems (MEMS) in the medical industryAnalyses of the global market trends, with historical market revenue data (sales figures) from 2020 to 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028Estimate of the current market size and revenue forecast for MEMS devices in global medical markets, and a corresponding market share analysis based on product, application and regionFacts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies and future prospectsDiscussion of sustainability trends and ESG trends in the global market, with emphasis on consumer attitudes, ESG score analysis, case studies and the ESG practices of leading companiesReview of patents on MEMS devices in the medical industryAn analysis of the industry structure, including company market shares, recent M&A activity and venture funding.Competitive intelligence related to leading companies, their global rankings, recent developments, key financials and segmental revenues, and product portfoliosProfiles of the leading market players, including TE Connectivity, Honeywell International Inc., STMicroelectronics, Teledyne Dalsa, and Silex Microsystems

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Technology Evolution and AdvantagesMEMS Devices and Applications for the Medical MarketRegulatory Environment

Chapter 4 Market Dynamics

Market DriversWidening Range of ApplicationsIncreasing Use of MEMS Devices in HealthcareAdvances in TechnologyRising Prevalences of Infectious and Chronic DiseasesMarket RestraintsLengthy and Expensive Product Development CyclesLack of a Standardized Fabrication Process for MEMSSubstituting Nanoelectromechanical Systems (NEMS) for MEMSMarket OpportunitiesIncreasing Government Investment in HealthcareR&D of MEMS Devices for Medical Purposes

Chapter 5 Market Breakdown by Product

MEMS SensorsPressure SensorsOptical SensorsInertial SensorsOther SensorsMicrofluidics/Lab-on-a-ChipClinical In vitro DiagnosticsAnalytical In vitro DiagnosticsPoint-Of-Care In vitro DiagnosticsMedical ResearchDrug Delivery DevicesMicropumpsMicroneedlesInhalers/Nebulizers

Chapter 6 Market Breakdown by Application

Home Healthcare MarketPharmaceutical/Life Sciences Research MarketHigh-Throughput ScreeningGenomicsCellular AnalysisProteomicsOther Research ApplicationsIn-vitro Diagnostics MarketMolecular DiagnosticsImmunologyBiochemistryOther In vitro Diagnostic ApplicationsMedical DevicesDiagnosis and Patient MonitoringSurgical and Medical Equipment

Chapter 7 Market Breakdown by Region

Chapter 8 ESG Development

Chapter 9 Emerging Technologies

Emerging TrendsMiniaturizationMEMS MirrorsDevicesMEMS-based Piezoelectric MicrophonesNanomaterials in MEMSMEMS Technology

Chapter 10 Patent Analysis

Chapter 11 Competitive Landscape

Chapter 12 Company Profiles

Abbott LaboratoriesAll Sensors Corp.Analog DevicesHoneywell InternationalIntegrated Sensing SystemsKnowles ElectronicsMemscapSilex MicrosystemsSTMicroelectronicsTE ConnectivityTeledyne DalsaTexas Instruments

For more information about this report visit https://www.researchandmarkets.com/r/429en2

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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TS Imagine Expands Integration with Trumid’s Fixed-Income Trading Platform

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Adds Access to Trumid RFQ Automation
and Trumid Full Self Trading (FST™)

NEW YORK, July 23, 2026 /PRNewswire/ — TS Imagine, a leading global cross-asset provider of trading, portfolio, risk management and prime brokerage solutions, announced an expanded workflow integration with Trumid, a financial technology company and leading fixed income electronic trading platform.

The enhanced integration provides TS Imagine clients with broader access to Trumid’s electronic trading ecosystem, including its list-based workflows—Trumid RFQ and Portfolio Trading (PT)—while expanding RFQ automation and cross-protocol capabilities. Clients can now access:

Trumid’s RFQ network, enabling automated workflows through RFQ Auto-Submit via Trumid AutoPilot™ for RFQ, along with API-driven executionHeadless RFQ responder, initiator, and voice inquiry workflows Trumid Full Self Trading (FST™), Trumid’s automated cross-protocol execution capability connecting liquidity and execution opportunities across Trumid RFQ and Swarms, with expansion to Trumid Attributed Trading (firm dealer streams) planned for H2 2026. 

TS Imagine first integrated with Trumid in 2020, including support for Trumid’s Fair Value Model Price (FVMP™) predictive pricing model for corporate bonds.

Alexis Sainte Marie, Fixed Income Product, TS Imagine, said:

“Our expanded relationship with Trumid is an important step for TS Imagine clients seeking greater access to liquidity and workflow automation. We’ve particularly seen significant growth in areas like portfolio trading and RFQ and will continue to work closely with the Trumid team to enhance trading opportunities for our customers.”

Jason Quinn, Chief Product Officer & Global Head of Sales at Trumid, said: 

“Our mutual clients continue to benefit from the integration with TS Imagine, particularly as adoption of Trumid’s list-based workflows continues to accelerate. As clients increasingly engage across multiple Trumid trading protocols, we see additional opportunities to expand our relationship and deliver even greater value for our mutual clients.”

Trumid’s list protocols continued to deliver strong growth during Q2 2026. Trumid RFQ Average Daily Volume (ADV) increased 122% year-over-year, while automated trade volumes executed through Trumid AutoPilot™ for RFQ more than doubled. Trumid PT volume rose approximately 40% year-over-year, with the protocol recording its highest quarterly ADV alongside all-time highs in buy-side participation and lists traded. 

About TS Imagine 

TS Imagine delivers a best-in-class SaaS platform for integrated electronic front-office trading, portfolio management, prime brokerage, and financial risk management. Our global team of technologists continuously develops software and deploys new technologies that empower financial institutions to outperform markets and manage risk in real time. Many of the world’s leading financial institutions trust TS Imagine’s platform to manage their risk exposure and make better trading decisions across derivatives, equities and fixed income, cutting complexity and driving efficiencies.

About Trumid

Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

MEDIA CONTACTS

Greentarget for TS Imagine
tsimagine@greentarget.co.uk

Trumid Press
+1 (212) 618-0300
press@trumid.com

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SOURCE Trumid

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Passage Preparation Wins 2026 CODiE Award for Best Professional Learning Platform

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CHARLOTTESVILLE, Va., July 23, 2026 /PRNewswire/ — Passage Preparation™, a division of K12 Coalition, has been named a 2026 CODiE Award Winner in the category Best Professional Learning Platform.

The CODiE Awards recognize the most innovative products, platforms and services across technology and education. Winners are selected through a rigorous evaluation process led by independent industry experts who assess each solution based on innovation, functionality, market impact, and overall value.

Selected from 228 finalists across 75 categories, the 2026 CODiE Award winners represent the solutions setting new standards for excellence and innovation.

“We are honored to receive this recognition from the CODiE Awards,” said Nathan Estel, Managing Director of Passage Preparation. “This award reflects our team’s commitment to helping aspiring educators build the knowledge, confidence, and instructional expertise they need to succeed on their licensure exams. We remain dedicated to strengthening the educator pipeline through innovative learning experiences that prepare great teachers for the classroom.”

As schools across the country face persistent teacher shortages, Passage Preparation is helping accelerate the path from aspiring educator to licensed classroom teacher. The platform provides comprehensive licensure exam preparation tailored to state certification requirements and subject areas, ensuring candidates focus on the content most relevant to their certification pathway. Developed by experienced teachers and teacher educators, every course is aligned with both licensure standards and evidence-based instructional practices, equipping candidates with the skills they need to succeed on certification exams and in the classroom.

Unlike traditional test-preparation programs that emphasize memorization and test-taking strategies, Passage Preparation builds lasting content knowledge and teaching proficiency through engaging, interactive learning experiences. Candidates benefit from diagnostic assessments that identify strengths and areas for improvement, detailed progress reporting, practice assessments, and personalized study plans. Flexible self-paced learning is complemented by live virtual cohorts that provide instructor guidance, peer collaboration, and accountability, creating a supportive professional learning community for busy educators.

Designed with accessibility and flexibility in mind, Passage Preparation includes tools such as Immersive Reader, offering real-time translation in more than 100 languages, text-to-speech functionality, customizable display settings, and other features that support diverse learning needs. The platform has consistently helped improve certification exam pass rates, enabling many candidates to earn licensure on their first attempt, saving valuable time and costs. By preparing more educators to enter the profession successfully, Passage Preparation helps districts fill critical teaching positions faster and strengthens the educator workforce nationwide.

“The 2026 CODiE Award winners represent some of the most innovative and impactful solutions in the industry,” said Jennifer Baranowski, President of the CODiE Awards. “These organizations are solving meaningful challenges, delivering measurable outcomes, and helping shape the future of technology.”

A complete list of 2026 CODiE Award winners is available at https://codieawards.com/winners.

About K12 Coalition 

K12 Coalition is a collective of specialized education products and services with a common mission to provide a great education for every student in every classroom every day. The company offers deep expertise in solving five macro K-12 education challenges: teacher certification, professional learning, literacy and math curriculum, accelerated student learning through summer school, and district support, including strategic planning and consulting. Learn more at k12coalition.com.

About Passage Preparation

Passage Preparation specializes in providing comprehensive licensure assessment preparation resources designed to bolster teacher confidence and proficiency. These learning resources equip licensure candidates with the knowledge necessary for success on exams and instill in them best teaching practices using methodologies thoughtfully curated to be engaging and aligned precisely with the content covered on the licensure exams. Passage Preparation is part of K12 Coalition, a certified B Corporation helping schools and teachers thrive nationwide.

Media Contact:
Alex Fairchild
K12Coalition@finnpartners.com 

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SOURCE K12 Coalition

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Knox Systems Partners with Microsoft to Accelerate Secure Government Access to Commercial Innovation on Microsoft Azure

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Strategic collaboration helps software companies bring cutting-edge commercial technology to the U.S. Government faster through Microsoft Azure Government Cloud

NEW YORK and WASHINGTON, July 23, 2026 /PRNewswire/ — Knox Systems (Knox), the largest, longest-running federal managed cloud, today announced a collaboration with Microsoft to help commercial software companies deploy secure, mission-ready solutions on Microsoft Azure Government Cloud for U.S. Government customers.

As demand for modern AI, cybersecurity, data, and enterprise software continues to grow across the public sector, the partnership is designed to reduce the barriers that have historically prevented government agencies from accessing the same technologies already transforming the commercial market.

Knox enables software providers to achieve production-ready federal cloud environments in as little as 90 days through its pre-authorized Federal Managed Cloud. By inheriting a substantial portion of required security controls, companies can reduce the time, effort, cost, and compliance burden associated with deploying compliant government cloud solutions. Combined with Microsoft Azure’s trusted government cloud platform, the collaboration provides an accelerated path for innovative software companies seeking to serve federal civilian and defense customers.

“America’s greatest technology companies shouldn’t spend years navigating compliance before they can help solve government missions,” said Irina Denisenko, CEO of Knox Systems. “Microsoft has built one of the world’s most trusted cloud platforms for government. Knox removes the operational barriers that can keep innovative software companies from deploying secure, compliant solutions on Azure Government. Together, we’re making it dramatically faster for agencies to access the technologies they need, securely, compliantly, and at mission speed.”

The collaboration strengthens Microsoft’s ecosystem for independent software vendors (ISVs) pursuing government opportunities while expanding the pathway for AI-native, cybersecurity, enterprise software, and critical infrastructure companies to bring production workloads to Azure.

“Microsoft is committed to helping software companies innovate for government while meeting the highest standards for security and compliance,” said Jamie Harper, VP, Defense Industrial Base, Microsoft. “Our collaboration with Knox provides organizations with an accelerated path to deploy innovative solutions on Microsoft Azure Government Cloud, helping government agencies gain faster access to the technologies that support critical missions.”

Knox currently operates one of the industry’s largest FedRAMP-authorized managed cloud environments, supporting more than 70 software companies and maintaining 16 US Federal and Department of War Authorizations to Operate (ATOs). Customers including Adobe, Armis, Celonis, BigID, and other leading software providers rely on Knox to bring commercial innovation to government faster while maintaining rigorous security standards.

As AI adoption accelerates across government, the partnership reflects a shared commitment to ensuring agencies can securely leverage the same cutting-edge technologies already powering the commercial economy.

About Knox Systems

Knox Systems operates the largest managed federal cloud, trusted by top agencies and partners across defense and civilian sectors. Built for speed, resilience, and compliance, Knox delivers FedRAMP authorization in 90 days – turning the biggest bottleneck in government IT into the fastest path to modernization. Knox proudly serves Adobe, Celonis, OutSystems, Armis, BigID, and more AI and SaaS providers, accelerating secure innovation across the federal landscape. Learn more at knoxsystems.com.

Media Contact:
knox@w2comm.com

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SOURCE Knox Systems, Inc

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