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Microelectromechanical systems (MEMS) are micro-scale devices that combine electrical and mechanical components on a single chip making them smaller, lighter, and more energy efficient. MEMS are widely used in various applications such as consumer products, industrial equipment, medical devices, and automotive. MEMS sensors are utilized in medical devices to offer accurate diagnoses and treatment for patients. The global MEMS Market is estimated to be valued at Us$ 27946.62 Mn in 2023 and is expected to exhibit a CAGR of 3.1% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
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