Healthcare Semiconductor Market

Healthcare Semiconductor Market Size

The global healthcare semiconductor market was valued at USD 60.9 billion in 2025. The market is expected to grow from USD 66.5 billion in 2026 to USD 107.2 billion in 2031 and USD 161.7 billion in 2035, at a CAGR of 10.4% during the forecast period according to the latest report published by Global Market Insights Inc.

Several factors contribute to the augmentation of the market, including the emergence of artificial intelligence (AI) and machine learning (ML) in healthcare, rising prevalence of chronic diseases, increased investments in healthcare IT, rising demand for wearable health devices and remote patient monitoring, and growing trend toward miniaturization and portability.

Advanced semiconductors are now in big demand due to the advancement of AI/ML technologies within the healthcare industry. This allows for faster data processing, improved diagnostic accuracy and better-quality patient care via intelligent systems. During 2022-2026, the National Institutes of Health (NIH) has funded USD 130 million through their Bridge2AI Program to expedite the integration of AI into biomedical and behavioral research. This funding also supports the creation of best practices for ethical data sharing, provides robust infrastructure and collaborative tools — all of which enable health care innovations. This factor is likely to stimulate the adoption of semiconductor market within the healthcare industry.

A significant increase in the number of people diagnosed with chronic diseases, such as cancer and diabetes, is driving the growth of the healthcare semiconductor industry. According to the Centers for Disease Control and Prevention (CDC), nearly 129 million Americans living with at least one of four main chronic diseases (heart disease, cancer, diabetes, hypertension) in 2024. Henceforth, there is a growing need for more continuous monitoring devices and diagnostic tools in the healthcare market. This need creates an increased demand for semiconductors as the development and manufacturing process of current technology requires those advanced chips to function. Wearable health technology and remote monitoring capabilities are gradually integrating semiconductors to efficiently operate, which in turn, gaining positive outcomes in the management of chronic disease.

Between 2022 and 2024, the market witnessed considerable growth, increasing from USD 47.1 billion in 2022 to USD 55.8 billion in 2024. With the continual surge in Remote Patient Monitoring (RPM) technology, wearables such as fitness trackers, smartwatches, and health monitoring devices have driven up the demand for semiconductors in the healthcare industry. These wearable devices are equipped with semiconductors such as processors and sensors to be utilized for health metrics tracking. For instance, in September 2023, Bonatra, an Indian startup, introduced their Smart Ring X1 device that tracks blood oxygen levels, quality of sleep, and heart rate. Its feature of pairing with continuous glucose monitors (CGMs) enables individuals to monitor their metabolic score.

Healthcare Semiconductor Market Trends

• Remote patient monitoring is on the rising trend post the COVID-pandemic conditions and thereby, it has a major impact on healthcare-related semiconductors. It has been continual in usage outside of the clinical environment to monitor a patient's health status. RPM continues to be popular owing to patients want to monitor their health in real-time, avoid visits to the hospital as much as possible, and improve their health outcomes through the utilization of RPM devices. As per the Centers for Medicare & Medicaid Services (CMS) Medicare report, it shows the RPM patient population has grown from 19 patients in 2019 to more than 200 patients in 2022.
  
• The healthcare semiconductor industry continues to see considerable growth through the proliferation of telehealth services. Telehealth has become a very common method, especially in the wake of pandemic, for performing diagnostic evaluations and performing follow-up appointments after the patient’s treatment.
  
• The primary reason for telehealth services is becoming increasingly popular among healthcare providers, due to the increasing accessibility for healthcare services; decrease the accessibility costs and increase the frequency of communication between healthcare providers and their patients. As indicated by the National Center for Health Statistics (NCHS), approximately 27.4% of specialty healthcare providers conduct at least half of their patient visits through a telehealth service by 2024, thus being indicative of the peak level of growth of telehealth services for that time.
  
• The adoption of IoT is accelerating rapidly within the semiconductor industry, as it supports a broad range of technologies in the healthcare sector. Due to this, it enhanced patient outcomes, improved data connectivity, and enabling smarter devices, thereby driving the market growth. IoT was originally implemented to provide increased connectivity to medical devices, however it has matured into a necessity when it comes to allowing for real-time patient monitoring, exchanging patient data and allowing for remote delivery of healthcare services. As it provides greater access to healthcare for patients, reduces the amount of time spent in hospitals by patients and provides efficiency with respect to the operation of health networks, as a result of this increasing demand and awareness.
  

Healthcare Semiconductor Market Analysis

The global healthcare semiconductor industry was valued at USD 47.1 billion and USD 51.2 billion in 2022 and 2023, respectively. The market size reached USD 60.9 billion in 2025, growing from USD 55.8 billion in 2024.

Based on the component, the global market is divided into integrated circuits (ICs), sensors, discrete components, & optoelectronics. The integrated circuits (ICs) segment accounted for 35.4% of the market in 2025.

• Integrated circuits continue to have a huge impact on this trend due to increased demand for smaller, more powerful and higher performing semiconductor devices within medical devices, allowing for advanced diagnostics, monitoring and care, as well as a need for devices that have greater capacity to connect to the internet and integrate with one another.
  
• The sensors segment was valued at USD 18 billion in 2025 and is anticipated to grow at a CAGR of 12.4% over the forecast years. The sensors segment has gained momentum due to the need for greater amounts of data to be captured in real-time via healthcare devices and the ability to capture accurate data to monitor the vital signs, perform diagnoses and manage overall health of patients.
  
• Manufacturers need to focus their efforts on developing highly accurate, low-power and dependable sensors that provide continuous monitoring of patients' health and support the diagnostic process.
  

Based on the application, the healthcare semiconductor market is classified into medical imaging, patient monitoring, diagnostic equipment, wearables, & others. The medical imaging segment dominated the market in 2025 with a market share of 31.9%.   

• The medical imaging segment benefits from the need for high quality images, fast access to diagnostic results and more accurate treatment planning due to reliance on semiconductor technology for accuracy when producing a medical image.
  
• Manufacturers should focus on developing high-performance, energy-efficient semiconductors that support high-resolution imaging and rapid, accurate diagnostic capabilities.
  
• The wearables segment is expected to witness growth at a CAGR of 12.9% during the forecast period. The growing demand for continuous and accurate monitoring of one's health, activity levels, and chronic conditions has made semiconductors a critical element of the electronics in wearable devices.
  
• As such, manufacturers must make it a priority to create small and energy-efficient semiconductors that support real-time tracking of health metrics and provide improved user experiences.
  

North America Healthcare Semiconductor Market

The North America market dominated the global healthcare semiconductor industry with a market share of 35.2% in 2025.

• In the North American market, government healthcare initiatives, substantial funding for advanced medical research, and high demand for telehealth solutions are driving the growth of the market.
  
• In addition, market growth is further due to improving accessibility and enhancing innovation within the healthcare sector, which is benefiting from the rapidly growing aging population.
  

The U.S. market was valued at USD 14.6 billion and USD 15.9 billion in 2022 and 2023, respectively. The market size reached USD 18.8 billion in 2025, growing from USD 17.3 billion in 2024.

• The growth of the semiconductor market in the United States is being driven by advancing technology within the healthcare sector, government initiatives to support telemedicine, the significantly increased investments in R&D, and the increasing demand because of an aging population.
  
• Companies that are addressing these market conditions should focus on developing innovative, cost-effective healthcare solutions as well as investing in telemedicine technologies and addressing the healthcare needs of an aging population in United States.
  

Europe Healthcare Semiconductor Market

Europe market accounted for USD 13.4 billion in 2025 and is anticipated to show lucrative growth over the forecast period.

• The European market is expected to grow due to the strict regulatory standards for healthcare services, the increased demand for digital health services, and the increasing number of initiatives to digitize the healthcare process to provide high-quality, secure, and efficient healthcare services.
  
• In addition, the ever-growing focus on personalized medicine and government investment into healthcare technology infrastructure throughout Europe drives this market.
  

Germany dominates the Europe market, showcasing strong growth potential.

• Germany's market is driven by a robust medical device manufacturing sector and high investment levels into R&D-related to healthcare, coupled with an emphasis placed on medical robotic advancements that improve the accuracy of diagnosis, efficiency of treatment delivered, and ultimately provide better outcomes for patients.
  
• Companies should focus on developing new & innovative medical robotics, increasing R&D level of investment and ultimately developing a better semiconductor solution to make healthcare devices more effective and efficient.
  

Asia Pacific Healthcare Semiconductor Market

The Asia Pacific market is anticipated to grow at the highest CAGR of 11.4% during the analysis timeframe.

• The Asia Pacific market continues to see rapid growth from an expanding healthcare infrastructure, greater adoption of telemedicine services, and the increasing prevalence of chronic disease, which drive an increased demand for more advanced semiconductor solutions.
  
• Further, the market is driven by increasing demand for diagnostic imaging technology and a significant increase in government support for health technology innovations to provide advanced integration of semiconductor technology into the healthcare industry.
  

China healthcare semiconductor industry is estimated to grow with a significant CAGR of 12.2% in the Asia Pacific market.

• Market forces impacting China's healthcare market including a shift toward increased focus on elderly care, urbanization driving the desire for healthcare, new smart healthcare technologies that have been developed to provide access to healthcare.
  
• Developing smart and affordable elder care products and technologies to meet growing need for increased access to health care should be a primary focus for companies in the Chinese market.
  

Latin American Healthcare Semiconductor Market

Brazil leads the Latin American market, exhibiting remarkable growth during the analysis period.

• Brazil's healthcare market is being driven by an increase in investment in healthcare infrastructure, an increasing demand for affordable medical devices, and increased access to healthcare, especially in rural areas.
  
• Ensure that companies' product development plans take advantage of the increased investment in healthcare infrastructure, the desire for more affordable medical devices, and the need for increased access to healthcare by developing and delivering efficient affordable medical devices.
  

Middle East and Africa Healthcare Semiconductor Market

South Africa market to experience substantial growth in the Middle East and Africa healthcare semiconductor industry in 2025.

• In the Middle East & Africa Region, increased investment in healthcare infrastructure, increasing healthcare demands in urban cities, increase in managing chronic disease allows for improved access and quality of care is driving South Africa market growth.
  
• Ensure that companies developing products provide the necessary infrastructure to meet growing user demand and have affordable quality chronic disease management products to improve access for users in urban cities.
  

Healthcare Semiconductor Market Share

Big players such as Texas Instruments, Analog Devices, ON Semiconductor, STMicroelectronics and NXP Semiconductors control more than half of the healthcare semiconductor industry, accounting for over 56.6% of total market share in 2025. These key contributors are innovating in the areas of medical device technology, diagnostic testing and patient monitoring. Due to their advanced semiconductor technology, these companies are positioned to enhance patient care through improved accuracy, productivity and dependability in medical applications and to remain competitive within this rapidly expanding market.

Several small niche players entering the healthcare semiconductor space. These companies support increased competition and ultimately drive technological advancements to provide specialized industry specific solutions to the emerging needs of the healthcare industry.

Healthcare Semiconductor Market Companies

Prominent players operating in the healthcare semiconductor industry are as mentioned below:

• Intel Corporation
• Texas Instruments Incorporated
• STMicroelectronics N.V.
• NXP Semiconductors N.V.
• Analog Devices, Inc.
• Qualcomm Incorporated
• Infineon Technologies AG
• onsemi
• Renesas Electronics Corporation
• Broadcom Inc.
• Microchip Technology Incorporated
• ams OSRAM AG
• NVIDIA Corporation
• Samsung Electronics Co., Ltd.
• SK hynix Inc.
• Taiwan Semiconductor Manufacturing Company Limited
• Micron Technology, Inc.
  

Texas Instruments Incorporated

Texas Instruments offers a wide variety of high-performance analog (analog technology) and (digital technology) semiconductors providing efficient, dependability and reliability for medical imaging, patient monitoring and diagnostic use (diagnostic devices).

Analog Devices, Inc.

Analog Devices provides leading precision analog and mixed signal semiconductor solutions with advanced signal processing and sensor technology for medical devices (medical wearables) such as wearables, diagnostic instruments (diagnostic devices) and ensure that the quality of the signal is of the highest quality.

ON Semiconductor (onsemi)
ON Semiconductor provides energy-efficient solutions and extremely robust sensor technology for many healthcare innovations such as imaging systems, patient monitoring and portable medical devices, while also supporting sustainable development efforts, & miniaturizing healthcare devices.

STMicroelectronics N.V.
STMicroelectronics is using its extensive experience in both the microelectronics and sensor industries by creating an integrated solution. They are providing healthcare professionals with the necessary tools to enhance their capability to analyze medical data in real-time by developing complete systems for diagnostic, wearable and remote patient monitoring applications.

NXP Semiconductors N.V.
NXP Semiconductors has established itself as a provider of secure connectivity in relation to the internet of things (IoT) based devices and wearables used in healthcare. Their knowledge of low power and high-performance chips is at the forefront of technological advancements in telemedicine and patient care advances.

Healthcare Semiconductor Industry News

• In April 2024, Onsemi released CEM102 to enable the use of electrochemical sensors for continuous glucose monitoring (CGM). By using ultra-low-power technology in the CEM102, all-day blood glucose levels can now be monitored. The CEM102 can also interface with RSL15 bluetooth low energy microcontrollers to increase functionality and extend battery life.
  
• In November 2025, NXP Semiconductors introduced its AICHI Edge AI healthcare platform at MEDICA 2025 with its proof-of-concept AI controller for health insight. The AICHI Edge AI platform provides secure, ultra-low-power multimodal collection of health data at the edge to support advanced wearable health care applications.
  
• In March 2024, Analog Devices launched the sensinel cardiopulmonary management system following the receipt of FDA 510(k) clearance. The sensinel is a non-invasive and wearable device for remote patient monitoring and is designed to support and enhance healthcare through telehealth and personal care solutions.
  

The healthcare semiconductor market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2022 – 2035 for the following segments:

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Market, By Component    

• Integrated circuits (ICs)
  • Memory
  • MPUs
  • Logic ICs
  • Analog ICs
  • MCUs
• Sensors
  • Optical sensors
  • Pressure sensors
  • Temperature sensors
  • Others
• Discrete components
• Optoelectronics

Market, By Application

• Medical imaging
  • X-ray systems
  • Computed tomography (CT) scanners
  • Magnetic resonance imaging (MRI) systems
  • Others
• Patient monitoring
• Diagnostic equipment
• Wearables
  • Smartwatches and wearable monitors
  • Connected ECG monitors
  • Others
• Others
  • Rehabilitation devices
  • Telemedicine
  • Implantable medical devices
  • Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE