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Detailed examination of the Global biosensors market that is projected to reach at a CAGR of 9.10% between 2017 and 2024

Detailed examination of the Global biosensors market that is projected to reach at a CAGR of 9.10% between 2017 and 2024

The new report on “Global Biosensors Market By Geography; Technology (Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Thermal Biosensors, Nano mechanical Biosensors); Product (Wearable Biosensors, Non-Wearable Biosensors); Application (Point of Care, Home Diagnostics, Research Labs, Biodefence, Environmental Monitoring, Food & Beverages Industry)” – Industry Trends and Forecast to 2024

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The Global Biosensors Market accounted for USD 16.32 billion in 2016 growing at a CAGR of 9.10% during the forecast period of 2017 to 2024.

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

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Report Definition:

Biosensor is a device used for detecting analyte with the help of physiochemical detector. Many traditional techniques exist in the market that can provide the accurate measurements at the cost of time and price.

Biosensors are the equipment which offers quick results as well as real time monitoring of the data.

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It has its wide application in point of care, home diagnostics, research labs, biodefence, environmental monitoring, food & beverages industry, and others. Emergence of nanotechnology-based biosensor may act as major driver in the growth of biosensor market.

On the other hand high cost involved in research and development may hamper the market.

Summary of Major Market Drivers and Restraints:

  • Significant technological advancements in the past few years
  • Emergence of nanotechnology-based biosensors
  • Increasing use of biosensors to monitor glucose levels in individuals with diabetes
  • Slow rate of commercialization
  • High costs involved in research and development

Report Segmentation:

The global biosensors market report is segmented on the basis of technology into electrochemical biosensors, optical biosensors, piezoelectric biosensors, thermal biosensors, and nanomechanical biosensors.

On the basis of product, the global biosensors market is segmented into wearable biosensors, and non-wearable biosensors. The wearable biosensors segment is further sub segmented into wrist wear, eyewear, footwear, neckwear, body wear, and others.

On the basis of application, the global biosensors market is segmented into point of care, home diagnostics, research labs, biodefence, environmental monitoring, food & beverages industry, and others. The point of care segment is further sub segmented into glucose monitoring, cardiac markers, infectious diseases, coagulation monitoring, pregnancy & fertility testing, blood gas & electrolytes, tumor or cancer markers, urinalysis testing, cholesterol tests, and others.

On the basis of geography, the global biosensors market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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Major Market Competitors:

Some of the major players of the global biosensors market are:

  • F. Hoffman-LA Roche Ltd
  • Abbott Point of Care Inc.
  • Medtronic
  • LifeScan, Inc.
  • Universal Biosensors
  • DuPont
  • Sysmex Corporation
  • Bio-Rad Laboratories, Inc.
  • Pharmaco-Kinesis Corporation (Pkc)
  • Nova Biomedical
  • ACON Laboratories, Inc.
  • Lifesensors Inc.
  • General Electric Company
  • Biosensors International Group, Ltd.
  • Innovative Biosensors Inc.
  • Xsensio
  • Theron, Inc.
  • Cranfield Biotechnology Centre
  • Ercon, Inc.
  • Bio-Rad Laboratories Inc.
  • Drägerwerk AG & Co. KGaA
  • Molecular Devices, LLC
  • M-Biotech
  • Neurosky, Inc.
  • QTL Biosystems, LLC, and others.

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Research Methodology of Global Biosensors Market:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.

Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.

Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.

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