Biosensors Market is expected to grow from USD 21.2 billion in 2019 to USD 31.5 billion by 2027, at a CAGR of 8% during the forecast period.
Significant efforts have been made over the past few years to advance biosensor technology and its applications. For example, the determination of multiple analytes for environmental monitoring and screening is one of the witnessed advances in the biosensor ecosystem. The miniaturization has helped to develop a small, compact and easy-to-handle biosensor, which has changed the existing test scenarios in the medical and medical fields.
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Key Market Players
- Hoffman-La Roche Ltd. (Switzerland), Medtronic Inc. (US), LifeScan Inc. (US), Universal Biosensors Inc. (Australia), Abbott Point of Care Inc. (US), DuPont (US), Sysmex Corporation (Japan), Pharmaco-Kinesis Corporation (PKC) (US), ACON Laboratories, Inc. (US), LifeSensors Inc. (US), Bio-Rad laboratories Inc. (US),
Biosensors Market, by Type:
- Embedded Device
- Sensor Patch
Biosensors Market, by Product:
- Wearable Biosensor
- Nonwearable Biosensor
Biosensors Market, by Technology:
- Electrochemical Biosensor
- Optical Biosensor
- Piezoelectric Biosensor
- Thermal Biosensor
- Nanomechanical Biosensor
- Others (ion-sensitive biosensors and resonant biosensors)
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Scope of the Report
The research study analyzes the global Biosensors industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Biosensors Market Report
1. What was the Biosensors Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Biosensors Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Biosensors Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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