
The global market for Micro Electrode Array was valued at US$ 18.9 million in the year 2024 and is projected to reach a revised size of US$ 41.7 million by 2031, growing at a CAGR of 12.2% during the forecast period.
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.
This report aims to provide a comprehensive presentation of the global market for Micro Electrode Array, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Electrode Array.
The Micro Electrode Array market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Micro Electrode Array market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Micro Electrode Array companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MaxWell Biosystems
Axion Biosystems
3Brain
Multi Channel Systems MCS GmbH
Med64 (former AlphaMED)
Segment by Type
Classical MEA
Multiwell-MEA
CMOS-MEA
Segment by Application
Cardiomyocytes
Nerve
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Micro Electrode Array company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Micro Electrode Array Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Classical MEA
1.2.3 Multiwell-MEA
1.2.4 CMOS-MEA
1.3 Market by Application
1.3.1 Global Micro Electrode Array Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Cardiomyocytes
1.3.3 Nerve
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Micro Electrode Array Market Perspective (2020-2031)
2.2 Global Micro Electrode Array Growth Trends by Region
2.2.1 Global Micro Electrode Array Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Micro Electrode Array Historic Market Size by Region (2020-2025)
2.2.3 Micro Electrode Array Forecasted Market Size by Region (2026-2031)
2.3 Micro Electrode Array Market Dynamics
2.3.1 Micro Electrode Array Industry Trends
2.3.2 Micro Electrode Array Market Drivers
2.3.3 Micro Electrode Array Market Challenges
2.3.4 Micro Electrode Array Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Micro Electrode Array Players by Revenue
3.1.1 Global Top Micro Electrode Array Players by Revenue (2020-2025)
3.1.2 Global Micro Electrode Array Revenue Market Share by Players (2020-2025)
3.2 Global Micro Electrode Array Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Micro Electrode Array Revenue
3.4 Global Micro Electrode Array Market Concentration Ratio
3.4.1 Global Micro Electrode Array Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Micro Electrode Array Revenue in 2024
3.5 Global Key Players of Micro Electrode Array Head office and Area Served
3.6 Global Key Players of Micro Electrode Array, Product and Application
3.7 Global Key Players of Micro Electrode Array, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Micro Electrode Array Breakdown Data by Type
4.1 Global Micro Electrode Array Historic Market Size by Type (2020-2025)
4.2 Global Micro Electrode Array Forecasted Market Size by Type (2026-2031)
5 Micro Electrode Array Breakdown Data by Application
5.1 Global Micro Electrode Array Historic Market Size by Application (2020-2025)
5.2 Global Micro Electrode Array Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Micro Electrode Array Market Size (2020-2031)
6.2 North America Micro Electrode Array Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Micro Electrode Array Market Size by Country (2020-2025)
6.4 North America Micro Electrode Array Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Micro Electrode Array Market Size (2020-2031)
7.2 Europe Micro Electrode Array Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Micro Electrode Array Market Size by Country (2020-2025)
7.4 Europe Micro Electrode Array Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Micro Electrode Array Market Size (2020-2031)
8.2 Asia-Pacific Micro Electrode Array Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Micro Electrode Array Market Size by Region (2020-2025)
8.4 Asia-Pacific Micro Electrode Array Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Micro Electrode Array Market Size (2020-2031)
9.2 Latin America Micro Electrode Array Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Micro Electrode Array Market Size by Country (2020-2025)
9.4 Latin America Micro Electrode Array Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Micro Electrode Array Market Size (2020-2031)
10.2 Middle East & Africa Micro Electrode Array Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Micro Electrode Array Market Size by Country (2020-2025)
10.4 Middle East & Africa Micro Electrode Array Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 MaxWell Biosystems
11.1.1 MaxWell Biosystems Company Details
11.1.2 MaxWell Biosystems Business Overview
11.1.3 MaxWell Biosystems Micro Electrode Array Introduction
11.1.4 MaxWell Biosystems Revenue in Micro Electrode Array Business (2020-2025)
11.1.5 MaxWell Biosystems Recent Development
11.2 Axion Biosystems
11.2.1 Axion Biosystems Company Details
11.2.2 Axion Biosystems Business Overview
11.2.3 Axion Biosystems Micro Electrode Array Introduction
11.2.4 Axion Biosystems Revenue in Micro Electrode Array Business (2020-2025)
11.2.5 Axion Biosystems Recent Development
11.3 3Brain
11.3.1 3Brain Company Details
11.3.2 3Brain Business Overview
11.3.3 3Brain Micro Electrode Array Introduction
11.3.4 3Brain Revenue in Micro Electrode Array Business (2020-2025)
11.3.5 3Brain Recent Development
11.4 Multi Channel Systems MCS GmbH
11.4.1 Multi Channel Systems MCS GmbH Company Details
11.4.2 Multi Channel Systems MCS GmbH Business Overview
11.4.3 Multi Channel Systems MCS GmbH Micro Electrode Array Introduction
11.4.4 Multi Channel Systems MCS GmbH Revenue in Micro Electrode Array Business (2020-2025)
11.4.5 Multi Channel Systems MCS GmbH Recent Development
11.5 Med64 (former AlphaMED)
11.5.1 Med64 (former AlphaMED) Company Details
11.5.2 Med64 (former AlphaMED) Business Overview
11.5.3 Med64 (former AlphaMED) Micro Electrode Array Introduction
11.5.4 Med64 (former AlphaMED) Revenue in Micro Electrode Array Business (2020-2025)
11.5.5 Med64 (former AlphaMED) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
MaxWell Biosystems
Axion Biosystems
3Brain
Multi Channel Systems MCS GmbH
Med64 (former AlphaMED)
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*If Applicable.
