Thin-Film Electrode Companies

The thin-film electrode market is projected to grow from USD 0.57 billion in 2025 to USD 0.97 billion in 2030, at a CAGR of 11.3%.

The thin-film electrode market report comprises key companies, such as BASi Research Products, Inc. (US), MicruX Technologies (Spain), Merck KGaA (Germany), Flex Medical Solutions Ltd. (Scotland), PalmSens (Netherlands), MSE Supplies LLC (US), and Metrohm DropSens (Spain).

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These players have adopted product launches and deals from January 2021 to October 2025 to expand their market share and global reach. The thin-film electrodes market is primarily driven by the rapid growth of flexible and wearable technologies and the global shift toward renewable energy systems. Thin-film electrodes enable high performance, miniaturization, and flexibility—key requirements for wearable medical devices, biosensors, and smart textiles used in health monitoring and personalized diagnostics. Their low weight and adaptable design allow seamless integration into flexible circuits and next-generation consumer electronics. The increasing adoption of renewable energy technologies, such as solar cells, fuel cells, and energy storage systems, is significantly boosting demand.

BASi Research Products, Inc. (US)

Founded in 1974, BASi Research Products, Inc. has established itself as a trusted global supplier of precision instrumentation for the life sciences and electrochemistry markets. The company became part of Inotiv, Inc., a publicly traded research services organization headquartered in Indianapolis, Indiana, following its merger in 2020. BASi’s instruments and consumables are manufactured in West Lafayette, Indiana, where the company’s engineering and production teams emphasize innovation, reproducibility, and scientific precision. The firm’s product range spans electrochemical analyzers, electrodes, and accessories, catering to applications in drug discovery, contaminant detection, material characterization, and point-of-care diagnostics. One of its notable offerings includes thin-film electrodes. While BASi’s core operations are US-based, it benefits from being a part of Inotiv, Inc., a publicly traded global research organization. Inotiv operates with a workforce of over 2,000 employees across 20+ international facilities, providing contract research services, animal models, and specialized scientific products worldwide. Through this parent company’s extensive network, BASi gains access to a global research ecosystem and collaborative opportunities while retaining its specialized focus on electrochemistry and analytical instrumentation.

MicruX Technologies (Spain)

MicruX Technologies, founded in 2008 as a spin-off from the University of Oviedo, Spain, emerged from the collaboration of two leading research groups: the Immunoelectroanalysis Group, led by Professor Agustin Costa-García, and the Optoelectronics Group, led by Professor Jose Rodríguez-García. The company focuses on developing and manufacturing innovative solutions in microfluidic devices, electrochemical transducers, and miniaturized analytical instrumentation, leveraging advanced Lab-on-a-Chip technologies. MicruX offers a comprehensive portfolio of electrodes based on thin-film and screen-printing technologies, alongside portable platforms and instruments for electrochemical analysis. The company excels in custom electrode development, providing end-to-end solutions from design and prototyping to large-scale production, ensuring tailored solutions that meet specific client requirements.

Headquartered in Spain, MicruX maintains a strong presence across the European Union while extending its reach globally through distributors in regions including Asia Pacific, North America, the UK, and the Middle East & Africa.

Merck KGaA (Germany)

Merck KGaA, a German science and technology company, is the world's oldest operating chemical and pharmaceutical company. It specializes in the development and manufacturing of chemical and pharmaceutical products, offering one of the most comprehensive portfolios in the industry for scientists, pharmaceutical development, and manufacturing. In the US and Canada, its Life Science division operates under the MilliporeSigma brand. Globally, Merck KGaA has a presence in 66 countries, employing over 60,000 people. The company is structured into three business sectors. The Life Science division supplies tools, chemicals, and equipment for academic research labs, biotech, pharmaceutical manufacturing, and industrial applications. The Healthcare sector focuses on the discovery, development, manufacturing, and marketing of prescription drugs and biopharmaceuticals. Meanwhile, the Electronics division provides essential materials for the semiconductor, display, and surface design industries. Each sector has its own unique products, services, customer base, sales structure, and regulatory framework, collectively strengthening Merck KGaA’s extensive global presence across all continents.

Flex Medical Solutions Ltd (Scotland)

FlexMedical Solutions offers contract design, development, and manufacturing services specifically tailored to the in vitro diagnostics (IVD) sector. The company partners with clients to transform innovative point-of-care (POC) diagnostic concepts into commercially viable products, offering end-to-end support from initial idea through to full-scale production. Its portfolio includes advanced test cartridges and wearable sensors designed to detect and monitor a range of conditions, including cardiovascular diseases, cancers, and other critical health states.

Headquartered in Livingston, Central Scotland, FlexMedical Solutions is strategically positioned to serve clients across Scotland, the wider UK, and international markets. With deep expertise in POC diagnostics, the company consistently delivers tailored solutions that add measurable value to every stage of its customers’ projects, ensuring high-quality, reliable, and scalable outcomes.

Metrohm DropSens (Spain)

Metrohm DropSens, is a leading innovator in the design, development, and manufacturing of spectroelectrochemical instruments that integrate electrochemistry with UV-VIS, NIR, or RAMAN spectroscopy, and also offers electrogenerated luminescence-based systems. The company is a subsidiary of Metrohm. The company specializes in producing screen-printed electrodes (SPEs) using thick-film hybrid technology, providing researchers with efficient tools for developing chemical, enzyme, immuno-, and genosensors. These electrodes enable microvolume analysis, decentralized testing (such as point-of-care diagnostics), and eliminate the need for labor-intensive electrode polishing. To advance miniaturization, Metrohm DropSens designs and manufactures portable potentiostats that deliver the precision of larger instruments in a compact, user-friendly format. Committed to innovation, the company continues to integrate nanotechnology into electrochemical applications, offering carbon nanotube and nanomaterial-modified sensors. With a strong global footprint, Metrohm DropSens operates across Asia-Pacific, Europe, North America, South America, and the Middle East & Africa.

Related Reports:

Thin-Film Electrode Market by Material (Metal Based, Boron-Doped Diamond Based, Carbon Based, Polymer Based, Other Materials), Manufacturing Facility (Physical Vapor Deposition, Chemical Vapor Deposition, Sputtering, Electrochemical Deposition/Electroplating, Other Manufacturing Technology), End-Use Industry (Healthcare & Biotechnology, Electronics & Semiconductor, Energy & Power, Chemical & Petrochemical, Other End-Use Industries) - Global Forecast to 2030

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