Global Micro Electrode Array Market Size, Status and Forecast 2021-2027

Microelectrode arrays (MEAs) are devices that contain multiple (tens to thousands) microelectrodes through which neural signals are obtained or delivered, essentially serving as neural interfaces that connect neurons to electronic circuitry. There are two general classes of MEAs: implantable MEAs, used in vivo, and non-implantable MEAs, used in vitro.
Micro Electrode Array can be divided into three types: Classical MEA, Multiwell-MEA and CMOS-MEA. Among them, Multiwell-MEA occupies the main share, and revenue in 2019 accounted for 49.65% of the market. Classical MEA and CMOS-MEA accounted for 25.41% and 24.94%, respectively.
The consumption of Micro Electrode Array is mainly concentrated in North America and Europe, and the two regions are accounting for 32.72% and 37.95% of total market in 2019, respectively.

Market Analysis and Insights: Global Micro Electrode Array Market
The global Micro Electrode Array market size is projected to reach US$ 29 million by 2027, from US$ 13 million in 2020, at a CAGR of 12.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Micro Electrode Array market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Micro Electrode Array market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Micro Electrode Array market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Micro Electrode Array market.

Global Micro Electrode Array Scope and Market Size
Micro Electrode Array market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Micro Electrode Array market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Classical MEA
Multiwell-MEA
CMOS-MEA

Segment by Application
Cardiomyocytes
Nerve
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
MaxWell Biosystems
Axion Biosystems
3Brain
Multi Channel Systems MCS GmbH
Med64 (former AlphaMED)