The extra accuracy and gain allows you to use smaller shunts. A smaller current sensor requires more accuracy on the part of the chip, and it also less costly, smaller, and simplifies the design. So by having a more accurate measurement front-end on these chips, it allows a user to deploy a smaller sensor that is easier to implement.
More Quotes from Trent Butcher:
Our customers are challenged to design smaller and smaller devices that use fewer components, while providing highly accurate measurements and longer battery life. With its industry-leading low current operation, frequency rejection and 22-bit resolution, the MCP3550 AD converter addresses these challenges. Plus, it is available in the small, 8-pin MSOP package that is ideal for space-constrained applications like portable and battery-powered electronic devices.Trent Butcher
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