Population aging business opportunities present industrial / medical IC market prospects are promising

As the IC industry moves towards a major transformation, the strong demand for IC in various application fields and the business opportunities brought about by the aging population, market research organization IC Insights said: It is expected that the industrial / medical IC market will be stable in the next five years The trend of growth.
Market research organization IC Insights said that the IC industry is moving towards a major transformation, and medical electronics will be one of the important growth drivers for chip manufacturing in the next five years.

Brian Matas, vice president of IC Insights, pointed out that as the supply base of the IC field is gradually controlled by a few large companies, the kinetic energy of the fabless / light wafer business model continues to progress, and the proportion of capital expenditure for IC sales continues to decline.

However, at various stages in the fields of life medicine, computer and communication, the demand for IC is still very strong. Therefore, Matas expects that in the next five years, these two development trends will also lay a good foundation for achieving a more stable IC market and its higher growth rate.

Industrial / Medical IC Market Forecast Source: IC Insights

Figure Industry / Medical IC Market Forecast, Source: IC Insights

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