
The global Micro Electrode Array market size is predicted to grow from US$ 18.4 million in 2025 to US$ 37.7 million in 2031; it is expected to grow at a CAGR of 12.7% from 2025 to 2031.
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.
The “Micro Electrode Array Industry Forecast” looks at past sales and reviews total world Micro Electrode Array sales in 2024, providing a comprehensive analysis by region and market sector of projected Micro Electrode Array sales for 2025 through 2031. With Micro Electrode Array sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro Electrode Array industry.
This Insight Report provides a comprehensive analysis of the global Micro Electrode Array landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Micro Electrode Array portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Micro Electrode Array market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro Electrode Array and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro Electrode Array.
This report presents a comprehensive overview, market shares, and growth opportunities of Micro Electrode Array market by product type, application, key players and key regions and countries.
Segmentation by Type:
Classical MEA
Multiwell-MEA
CMOS-MEA
Segmentation by Application:
Cardiomyocytes
Nerve
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MaxWell Biosystems
Axion Biosystems
3Brain
Multi Channel Systems MCS GmbH
Med64 (former AlphaMED)
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Micro Electrode Array Market Size (2020-2031)
2.1.2 Micro Electrode Array Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Micro Electrode Array by Country/Region (2020, 2024 & 2031)
2.2 Micro Electrode Array Segment by Type
2.2.1 Classical MEA
2.2.2 Multiwell-MEA
2.2.3 CMOS-MEA
2.3 Micro Electrode Array Market Size by Type
2.3.1 Micro Electrode Array Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Micro Electrode Array Market Size Market Share by Type (2020-2025)
2.4 Micro Electrode Array Segment by Application
2.4.1 Cardiomyocytes
2.4.2 Nerve
2.4.3 Others
2.5 Micro Electrode Array Market Size by Application
2.5.1 Micro Electrode Array Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Micro Electrode Array Market Size Market Share by Application (2020-2025)
3 Micro Electrode Array Market Size by Player
3.1 Micro Electrode Array Market Size Market Share by Player
3.1.1 Global Micro Electrode Array Revenue by Player (2020-2025)
3.1.2 Global Micro Electrode Array Revenue Market Share by Player (2020-2025)
3.2 Global Micro Electrode Array Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Micro Electrode Array by Region
4.1 Micro Electrode Array Market Size by Region (2020-2025)
4.2 Global Micro Electrode Array Annual Revenue by Country/Region (2020-2025)
4.3 Americas Micro Electrode Array Market Size Growth (2020-2025)
4.4 APAC Micro Electrode Array Market Size Growth (2020-2025)
4.5 Europe Micro Electrode Array Market Size Growth (2020-2025)
4.6 Middle East & Africa Micro Electrode Array Market Size Growth (2020-2025)
5 Americas
5.1 Americas Micro Electrode Array Market Size by Country (2020-2025)
5.2 Americas Micro Electrode Array Market Size by Type (2020-2025)
5.3 Americas Micro Electrode Array Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Micro Electrode Array Market Size by Region (2020-2025)
6.2 APAC Micro Electrode Array Market Size by Type (2020-2025)
6.3 APAC Micro Electrode Array Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Micro Electrode Array Market Size by Country (2020-2025)
7.2 Europe Micro Electrode Array Market Size by Type (2020-2025)
7.3 Europe Micro Electrode Array Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Micro Electrode Array by Region (2020-2025)
8.2 Middle East & Africa Micro Electrode Array Market Size by Type (2020-2025)
8.3 Middle East & Africa Micro Electrode Array Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Micro Electrode Array Market Forecast
10.1 Global Micro Electrode Array Forecast by Region (2026-2031)
10.1.1 Global Micro Electrode Array Forecast by Region (2026-2031)
10.1.2 Americas Micro Electrode Array Forecast
10.1.3 APAC Micro Electrode Array Forecast
10.1.4 Europe Micro Electrode Array Forecast
10.1.5 Middle East & Africa Micro Electrode Array Forecast
10.2 Americas Micro Electrode Array Forecast by Country (2026-2031)
10.2.1 United States Market Micro Electrode Array Forecast
10.2.2 Canada Market Micro Electrode Array Forecast
10.2.3 Mexico Market Micro Electrode Array Forecast
10.2.4 Brazil Market Micro Electrode Array Forecast
10.3 APAC Micro Electrode Array Forecast by Region (2026-2031)
10.3.1 China Micro Electrode Array Market Forecast
10.3.2 Japan Market Micro Electrode Array Forecast
10.3.3 Korea Market Micro Electrode Array Forecast
10.3.4 Southeast Asia Market Micro Electrode Array Forecast
10.3.5 India Market Micro Electrode Array Forecast
10.3.6 Australia Market Micro Electrode Array Forecast
10.4 Europe Micro Electrode Array Forecast by Country (2026-2031)
10.4.1 Germany Market Micro Electrode Array Forecast
10.4.2 France Market Micro Electrode Array Forecast
10.4.3 UK Market Micro Electrode Array Forecast
10.4.4 Italy Market Micro Electrode Array Forecast
10.4.5 Russia Market Micro Electrode Array Forecast
10.5 Middle East & Africa Micro Electrode Array Forecast by Region (2026-2031)
10.5.1 Egypt Market Micro Electrode Array Forecast
10.5.2 South Africa Market Micro Electrode Array Forecast
10.5.3 Israel Market Micro Electrode Array Forecast
10.5.4 Turkey Market Micro Electrode Array Forecast
10.6 Global Micro Electrode Array Forecast by Type (2026-2031)
10.7 Global Micro Electrode Array Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Micro Electrode Array Forecast
11 Key Players Analysis
11.1 MaxWell Biosystems
11.1.1 MaxWell Biosystems Company Information
11.1.2 MaxWell Biosystems Micro Electrode Array Product Offered
11.1.3 MaxWell Biosystems Micro Electrode Array Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 MaxWell Biosystems Main Business Overview
11.1.5 MaxWell Biosystems Latest Developments
11.2 Axion Biosystems
11.2.1 Axion Biosystems Company Information
11.2.2 Axion Biosystems Micro Electrode Array Product Offered
11.2.3 Axion Biosystems Micro Electrode Array Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Axion Biosystems Main Business Overview
11.2.5 Axion Biosystems Latest Developments
11.3 3Brain
11.3.1 3Brain Company Information
11.3.2 3Brain Micro Electrode Array Product Offered
11.3.3 3Brain Micro Electrode Array Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 3Brain Main Business Overview
11.3.5 3Brain Latest Developments
11.4 Multi Channel Systems MCS GmbH
11.4.1 Multi Channel Systems MCS GmbH Company Information
11.4.2 Multi Channel Systems MCS GmbH Micro Electrode Array Product Offered
11.4.3 Multi Channel Systems MCS GmbH Micro Electrode Array Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Multi Channel Systems MCS GmbH Main Business Overview
11.4.5 Multi Channel Systems MCS GmbH Latest Developments
11.5 Med64 (former AlphaMED)
11.5.1 Med64 (former AlphaMED) Company Information
11.5.2 Med64 (former AlphaMED) Micro Electrode Array Product Offered
11.5.3 Med64 (former AlphaMED) Micro Electrode Array Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Med64 (former AlphaMED) Main Business Overview
11.5.5 Med64 (former AlphaMED) Latest Developments
12 Research Findings and Conclusion
*If Applicable.
