ID: MRFR/HC/0720-CRR | August, 2016 | Region: Global | 93 pages | Cooked Research Reports
Biosensor Market Information, by technology (electrochemical biosensors, optical biosensors, thermal biosensors, piezoelectric biosensors), by end user (point of care, home diagnostics, research laboratories, food industry, security and biodefense) by application (medical testing, food toxicity, industrial process, environmental market, agricultural testing, others) - Forecast to 2020
Market Synopsis of Biosensor Market:
Globally the market for biosensor is increasing moderately. Biosensor is devices composed of transducer and biological element for providing analytical information. These devices convert biological response into an electrical response, to recognize the function and structure of various molecules. Biosensors are complicated and effective device capable of fast detection and measuring wide spectrum in various applications. It has various applications in the field of healthcare, industrial process control, military application, environmental monitoring, agriculture and veterinary monitoring. The global biosensor market is growing moderately due to increase in prevalence of diabetic population, rise in geriatric population, increasing demand of POCT, rising prevalence of chronic and lifestyle associated diseases, and increasing application of biosensors in various industries. Biosensor industry is expected to grow at a CAGR of 9.6% from 2014 to 2020.
Biosensor market by Technology
Study objectives of Biosensor Market:
The key findings of the report “Global Industry Insight: Global Biosensor Market Development and Forecast to 2020” include:
Biosensor market has been segmented on the basis of technology which comprises of electrochemical biosensors, optical biosensors, thermal biosensors, piezoelectric biosensors and others. On the basis of end user, the market is segmented into point of care, home diagnostics, research laboratories, food industry, security and biodefense and others. On the basis of application, the market is segmented into medical testing, food toxicity, industrial process, environmental market, agricultural testing and others.
Key Players for Biosensor Market:
Some of the key players in this market are: Abbott Laboratories Inc., F. Hoffmann-La Roche Ltd., Bayer Healthcare, Johnson & Johnson, Medtronic, Inc., and Siemens Healthcare, Nova Biomedical Corporation, LifeSensors Inc., TiaDoc Technology Corporation, I-SENCE Inc.
Regional Analysis of Biosensor Market:
Considering the global scenario of the market, Americas region is believed to be the largest market for biosensor. Moreover the European market is also growing continuously and slowly catching up with the American market. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the biosensor during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.
The report for biosensor market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.