Biosensors Market Overview:
Market Research Future (MRFR) has announced a new release on the global biosensors market that analyzes the global biosensors market’s current and historical growth trajectory to come up with a detailed analysis of the market’s likely future growth trajectory over the forecast period. The report uses detailed primary and secondary information to provide a comprehensive overview of the global biosensors market and includes detailed information about the market’s segmentation and competitive landscape to provide readers with a clear view of the market’s granular structure. The global biosensors market is expected to grow at a solid CAGR of 9.6% from 2014 to 2020.
Biosensors are devices used to track and monitor a particular biological parameter of the user’s health. Biosensors track the biological reactions going on inside the user’s body and convert certain predetermined markers into an electrical signal, acting as a warning system for the specific type of biomarker. Biosensors are complicated devices and are also widely used in areas other than personal health tracking, including environmental monitoring and agriculture. However, the rising demand for biosensors from the healthcare sector is likely to remain the major driver for the global biosensors market over the forecast period. Developing biosensors capable of instant diagnosis is likely to be a major avenue for players in the global biosensors market over the forecast period.
The growing prevalence of diabetes and other chronic lifestyle conditions is likely to be a major driver for the global biosensors market over the forecast period. These conditions require continuous tracking and instant alerting in case of any deviation from the healthy biological pattern, which is a perfectly suited application for biosensors. The growing geriatric population is also likely to be a major driver for the global biosensors market, as the geriatric demographic prefers comfortable and convenient medical devices that can be used with minimum fuss. The rising demand for point of care testing, along with the growth of the geriatric demographic, is also likely to be a major driver for the biosensors market over the forecast period.
Biosensors Market Players:
- Johnson & Johnson (US)
- Abbott (US)
- Bayer AG (Germany)
- Siemens (Germany)
- Life Sensors Inc. (US)
- Nova Biomedical Corporation (US)
- Medtronic plc (Ireland)
- F. Hoffmann Roche (Switzerland)
- i-Sens Inc. (South Korea)
- Pinnacle Technologies Pvt. Ltd. (US)
Among others are some key companies in the global Biosensors that are listed by MRFR for market research.
Biosensors Market Segmentation:
For ease of understanding, the market is segmented into four key dynamics: –
- By Technology: Electrochemical Biosensors, Optical Biosensors, Thermal Biosensors, and Piezoelectric Biosensors among others.
- By End-user : Point of Care, Home Diagnostics, Research Laboratories, Food Industry, Security and Biodefense among others.
- By Application: Medical Testing, Food Toxicity, Industrial Process, Environmental Market, and Agricultural Testing, among others.
- By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.
Biosensors Market Regional Analysis:
The global biosensors market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas is likely to remain the major regional segment of the global biosensors market over the forecast period, due mainly to the leading role of the U.S. in the global biosensors market. The growing prevalence of chronic lifestyle diseases such as diabetes in the U.S. is likely to be a major driver for the global biosensors market over the forecast period. The high development rate of the healthcare sector in North America is also likely to be a major driver for the biosensors market in the Americas, as several key players in the healthcare sector are located in the region and are likely to come up with innovations in the biosensors market in the coming years.
Asia Pacific is expected to exhibit the highest rate of growth in the global biosensors market thanks to the growing healthcare sector in the emerging countries in the region as well as the growing prevalence of diabetes and other chronic disorders.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email : info@marketresearchfuture.com
0
