The future of the biosensor market looks promising with opportunities in the point of care (POC), home diagnostics, research labs, biodefense, environmental monitoring, and food and beverages industries. The biosensor market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are emergence of nanotechnology-based biosensors, significant technological advancements, increasing use of biosensors to monitor glucose levels in individuals with diabetes, and increased demand for home-based POC devices.
A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of biosensors market report download the report brochure.
The study includes the biosensor market size and forecast for the biosensor market through 2024, segmented by sensor type, application, end use industry, region as follows:
By Sensor Type [$M shipment analysis for 2013 - 2024]:
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Electrochemical Biosensors
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Piezoelectric Biosensors
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Optical Biosensors
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Thermal Biosensors
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Nanomechanical Biosensors
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Others
By Application [$M shipment analysis for 2013 - 2024]:
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Wearable Biosensors
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Non-Wearable Biosensors
By End Use Industry [$M shipment analysis for 2013 - 2024]:
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Point of Care
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Home Diagnostics
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Research Labs
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Biodefense
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Environmental Monitoring
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Food & Beverages Industry
By Region [$M shipment analysis for 2013 - 2024]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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UK
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Italy
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Asia Pacific
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China
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Japan
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India
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Rest of the World
Some of the biosensor companies profiled in this report include F. Hoffman-LA Roche, Abbott Point of Care, Medtronic, Universal Biosensors, Dupont, Sysmex Corporation, Bio-Rad Laboratories, Pharmaco-Kinesis, Nova Biomedical.
Some of the features of this report:
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Market size estimates: Biosensor market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
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Segmentation analysis: Market size by various segments such as by sensor type, application, end use industry, and region.
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Regional analysis: Biosensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth opportunities: Analysis on growth opportunities in different applications and regions for biosensors in the biosensors market.
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Strategic analysis: This includes M&A, new product development, and competitive landscape for biosensors in the biosensors market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
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Q.1 What are some of the most promising potential, high-growth opportunities for the global biosensors market by sensor type (electrochemical biosensors, piezoelectric biosensors, optical biosensors, thermal biosensors, and nano mechanical biosensors), application (wearable biosensors and non-wearable biosensors), end use industry (point of care, home diagnostics, research labs, biodefense, environmental monitoring, and food & beverages industry), and region (North America, Europe , Asia pacific, and Rest of the world?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the biosensors market?
Q.5 What are the business risks and threats to the biosensor market?
Q.6 What are emerging trends in this biosensor market and the reasons behind them?
Q.7 What are some changing demands of customers in the biosensors market?
Q.8 What are the new developments in the biosensor market? Which companies are leading these developments?
Q.9 Who are the major players in this biosensor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this biosensor area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this biosensor market?