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Biosensors Market by Product (Wearable biosensors and Non- Wearable biosensors), Technology (Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Thermal Biosensors, and Nanomechanical Biosensors): Global Opportunity Analysis and Industry Forecast, 2019–2026

A01157
Pages: 163
May 2020 | 3495 Views
 
Author(s) : Snehal Manjrekar and Onkar Sumant
Tables: 81
Charts: 31
 

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The biosensors market was valued at $17,500.0 million in 2018 and is expected to reach $38,600.2 million by 2026, registering a CAGR of 10.4% from 2019 to 2026. Biosensors are medical devices that are primarily used to sense or detect the presence or concentration of biological substances, such as a biomolecule or a microorganism. They are analytical devices that can convert a biological response into an electrical signal. Biosensors majorly comprise three parts, including a component that identifies an analyte and produces signal, a signal transducer, and a reader device. Biosensors find their applications in food & beverages, environmental monitoring, home care diagnostics. and various nanomechanical biosensors. In addition, biosensor applications are also widely dominant in the field of plant biology to study metabolic processes.

Significant rise in chronic diseases such as diabetes across the globe, surge in biotechnology R&D, and increased demand for home care devices are the major factors that drive the biosensors market growth. In addition, considerable increase in preference of biosensors in glucose monitoring devices contributes to the market growth. However, high cost associated with these devices and lack of inclination toward adoption of new treatment devices are the major factors anticipated to hamper the market growth. On the contrary, technological advancements in biosensors to make them portable and easy to handle is anticipated to create lucrative opportunities in the future. 

Biosensor Market 2019-2026

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Global Biosensors Market Segmentation

The market is segmented on the basis of product, technology and region. Based on product, the global biosensors market is divided into wearable biosensors and nonwearable biosensors. Based on technology, the market is classified into electrochemical biosensors, optical biosensors, piezoelectric biosensors, thermal biosensors and nanomechanical biosensors. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Product segment review

By product, the non-wearable biosensors segment accounted for majority of the biosensors market share in 2018 and is expected to exhibit a prominent growth rate in the near future, owing to upsurge in use of these sensors in nonclinical applications for real-time on-site monitoring of various production processes. In addition, other applications of these biosensors include environmental monitoring, soil quality monitoring, water quality monitoring, toxins of defense interest and various others.

Biosensors Market
By Product

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Nonwearable Biosensors segment is projected as one of the most lucrative segment.

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Technology segment review

Based on technology, the electrochemical biosensors dominated the biosensors market in 2018 and is anticipated to maintain its dominance in coming years. This is attributed to its accurate sensitivity, and faster response. Furthermore, electrochemical biosensors can be easily integrated in labs-on-chips (LOCs) to obtain better point-of-care (POC) analytical platforms.

Biosensors Market
By Technology

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Electrochemical Biosensors segment holds a dominant position in 2018 and would continue to maintain the lead over the forecast period.

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Region segment review

North America held the largest share in the biosensors market in 2018, followed by Europe. The factors that drive the overall growth of the North America biosensors market include increasing government funds for conducting research toward development of advanced biosensors for various applications. Moreover, surge in use of biosensors in this region for monitoring food quality parameters is anticipated to contribute to the market growth. Moreover, rise in demand for POC technologies in North America, focus on rapid, simple, accurate, portable, and low-cost analytical instruments propel the market growth for biosensors market in the region. However, Asia-Pacific is anticipated to grow at the highest rate during the forecast period. This is attributed to increase in biotechnology R&D in this region. The major factors that drive the growth of the biosensors market in Asia-Pacific include increase in per capita income in many countries, rise in government initiatives for improvement of the healthcare sector, and surge in focus of leading manufacturers on expanding their geographic presence in emerging Asia-Pacific countries to capture high growth opportunities in the market.

Biosensors Market
By Region

2026
North America 
Europe
Asia-pacific
Lamea

North America segment holds a dominant position in 2018 and would continue to maintain the lead over the forecast period.

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Comprehensive competitive analysis and profiles of major market players such as Some of the key players of the market include Abbott Laboratories, AgaMatrix Holdings LLC, DowDupont Inc. (DuPont de Nemours, Inc.), F. Hoffmann-La Roche Ltd., General Electric (Biacore, Inc.), LifeScan, Inc., Medtronic Plc., Nova Biomedical, PHC Holdings Co., Ltd. (Ascensia Diabetes Care Holdings AG) and Siemens Healthcare. are provided in this report.

Key Benefits For Stakeholders

  • The biosensors market share and analysis is based on a comprehensive analysis of key developments in the Biosensors industry.

  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global biosensors market.

  • The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.

  • The global biosensors market trends are studied from 2018 to 2026.

  • Information about key drivers, restrains, and opportunities and their impact analysis on the biosensors market size is provided.

  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

  • The quantitative analysis of the global biosensors market from 2019 to 2026 is provided to determine the market potential.

Key Market Segments

By Product

  • Wearable Biosensors
  • Non- Wearable Biosensors

By Technology

  • Electrochemical Biosensors
  • Optical Biosensors 
  • Piezoelectric Biosensors
  • Thermal Biosensors
  • Nanomechanical Biosensors

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Research methodology

1.3.1.Secondary research
1.3.2.Primary research
1.3.3.Analyst Tools and Models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis

3.3.1.Moderate bargaining power of buyers
3.3.2.Low bargaining power of suppliers
3.3.3.Moderate threat of substitutes
3.3.4.Low threat of new entrants
3.3.5.Moderate competitive rivalry

3.4.Top player positioning
3.5.Market Dynamics

3.5.1.Drivers

3.5.1.1.Rise in R&D investments
3.5.1.2.Development of nanotechnology-based biosensors

3.5.2.Restraint

3.5.2.1.High cost associated with R&D

3.5.3.Opportunity

3.5.3.1.Various growth opportunities in emerging economies

CHAPTER 4:BIOSENSORS MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast

4.2.Wearable biosensors

4.2.1.Key market trends and opportunities
4.2.2.Market size and forecast
4.2.3.Market share analysis, by country

4.3.Non wearable biosensors

4.3.1.Key market trends and opportunities
4.3.2.Market size and forecast
4.3.3.Market share analysis, by country

CHAPTER 5:BIOSENSORS MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market size and forecast

5.2.Electrochemical Biosensors

5.2.1.Market size and forecast
5.2.2.Market share analysis, by country

5.3.Optical Biosensors

5.3.1.Market size and forecast
5.3.2.Market share analysis, by country

5.4.Piezoelectric Biosensors

5.4.1.Market size and forecast
5.4.2.Market share analysis, by country

5.5.Thermal Biosensors

5.5.1.Market size and forecast
5.5.2.Market share analysis, by country

5.6.Nanomechanical Biosensors

5.6.1.Market size and forecast
5.6.2.Market share analysis, by country

CHAPTER 6:BIOSENSORS MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends and opportunities
6.2.2.Market size and forecast, by country
6.2.3.Market size and forecast, by technology
6.2.4.Market size and forecast, by product

6.2.5.U.S.

6.2.5.1.U.S. market size and forecast, by technology
6.2.5.2.U.S. market size and forecast, by product

6.2.6.Canada

6.2.6.1.Canada market size and forecast, by technology
6.2.6.2.Canada market size and forecast, by product

6.2.7.Mexico

6.2.7.1.Mexico market size and forecast, by technology
6.2.7.2.Mexico market size and forecast, by product

6.3.Europe

6.3.1.Key growth factors and opportunities
6.3.2.Market size and forecast, by country
6.3.3.Market size and forecast, by technology
6.3.4.Market size and forecast, by product
6.3.5.Germany

6.3.5.1.Germany market size and forecast, by technology
6.3.5.2.Germany market size and forecast, by product

6.3.6.France

6.3.6.1.France market size and forecast, by technology
6.3.6.2.France market size and forecast, by product

6.3.7.UK

6.3.7.1.UK market size and forecast, by technology
6.3.7.2.UK market size and forecast, by product

6.3.8.Italy

6.3.8.1.Italy market size and forecast, by technology
6.3.8.2.Italy market size and forecast, by product

6.3.9.Rest of Europe

6.3.9.1.Rest of Europe market size and forecast, by technology
6.3.9.2.Rest of Europe market size and forecast, by product

6.4.Asia-Pacific

6.4.1.Key growth factors and opportunities.
6.4.2.Market size and forecast, by country
6.4.3.Market size and forecast, by technology
6.4.4.Market size and forecast, by product
6.4.5.Japan

6.4.5.1.Japan market size and forecast, by technology
6.4.5.2.Japan market size and forecast, by product

6.4.6.China

6.4.6.1.China market size and forecast, by technology
6.4.6.2.China market size and forecast, by product

6.4.7.India

6.4.7.1.India market size and forecast, by technology
6.4.7.2.India market size and forecast, by product

6.4.8.Rest of Asia-Pacific

6.4.8.1.Rest of Asia-Pacific market size and forecast, by technology
6.4.8.2.Rest of Asia-Pacific market size and forecast, by product

6.5.LAMEA

6.5.1.Key growth factors and opportunities
6.5.2.Market size and forecast, by country
6.5.3.Market size and forecast, by technology
6.5.4.Market size and forecast, by product
6.5.5.Brazil

6.5.5.1.Brazil market size and forecast, by technology
6.5.5.2.Brazil market size and forecast, by product

6.5.6.Saudi Arabia

6.5.6.1.Saudi Arabia market size and forecast, by technology
6.5.6.2.Saudi Arabia market size and forecast, by product

6.5.7.South Africa

6.5.7.1.South Africa market size and forecast, by technology
6.5.7.2.South Africa market size and forecast, by product

6.5.8.Rest of LAMEA

6.5.8.1.Rest of LAMEA market size and forecast, by technology
6.5.8.2.Rest of LAMEA market size and forecast, by product

CHAPTER 7:COMPANY PROFILES

7.1.ABBOTT LABORATORIES

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments

7.2.AGAMATRIX HOLDINGS LLC

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance
7.2.1.Key strategic moves and developments

7.3.DOWDUPONT INC. (DUPONT DE NEMOURS, INC.)

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product Portfolio
7.3.5.Business performance

7.4.F. HOFFMANN-LA ROCHE LTD.

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.Business performance
7.4.6.Key strategic moves and developments

7.5.GENERAL ELECTRIC (BIACORE, INC.)

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance

7.6.LIFESCAN, INC.

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance

7.7.MEDTRONIC PLC.

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Business performance

7.8.NOVA BIOMEDICAL

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance
7.8.6.Key strategic moves and developments

7.9.PHC HOLDINGS CO., LTD. (ASCENSIA DIABETES CARE HOLDINGS AG)

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance

7.10.SIEMENS

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.Business performance

LIST OF TABLES

TABLE 01.BIOSENSORS MARKET, BY PRODUCT, 2018–2026 ($MILLION)
TABLE 02.BIOSENSORS MARKET FOR WEARABLE BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 03.BIOSENSORS CORTICOSTEROIDS MARKET FOR NON-WEARABLE BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 04.BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 05.BIOSENSORS MARKET FOR ELECTROCHEMICAL BIOSENSORS MARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 06.BIOSENSORS MARKET FOR OPTICAL BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 07.BIOSENSORS MARKET FOR PIEZOELECTRIC BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 08.BIOSENSORS MARKET FOR THERMAL BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 09.BIOSENSORS MARKET FOR NANOMECHANICAL BIOSENSORS, BY REGION, 2018–2026 ($MILLION)
TABLE 10.BIOSENSORS MARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 11.NORTH AMERICA BIOSENSORS MARKET, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 12.NORTH AMERICA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 13.NORTH AMERICA BIOSENSORS MARKET, BY PRODUCT, 2018–2026 ($MILLION),
TABLE 14.U.S. BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 15.U.S. BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 16.CANADA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 17.CANADA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 18.MEXICO BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 19.MEXICO BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 20.EUROPE BIOSENSORS MARKET, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 21.EUROPE BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 22.EUROPE BIOSENSORS MARKET, BY PRODUCT, 2018–2026 ($MILLION),
TABLE 23.GERMANY BIOSENSORS MARKET BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 24.GERMANY BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 25.FRANCE BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 26.FRANCE BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 27.UK BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 28.UK BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 29.ITALY BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 30.ITALY BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 31.REST OF EUROPE BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 32.REST OF EUROPE BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 33.ASIA-PACIFIC BIOSENSORS MARKET, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 34.ASIA-PACIFIC BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 35.ASIA-PACIFIC BIOSENSORS MARKET, BY PRODUCT, 2018–2026 ($MILLION),
TABLE 36.JAPAN BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 37.JAPAN BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 38.CHINA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 39.CHINA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 40.INDIA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 41.INDIA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 42.REST OF ASIA- PACIFIC BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 43.REST OF ASIA- PACIFIC BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 44.LAMEA BIOSENSORS MARKET, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 45.LAMEA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 46.LAMEA BIOSENSORS MARKET, BY PRODUCT, 2018–2026 ($MILLION),
TABLE 47.BRAZIL BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 48.BRAZIL BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 49.SAUDI ARABIA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 50.SAUDI ARABIA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 51.SOUTH AFRICA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 52.SOUTH AFRICA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 53.REST OF LAMEA BIOSENSORS MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 54.REST OF LAMEA BIOSENSORS MARKET BY PRODUCT, 2018–2026 ($MILLION)
TABLE 55.ABBOTT: COMPANY SNAPSHOT
TABLE 56.ABBOTT: OPERATING SEGMENTS
TABLE 57.ABBOTT: PRODUCT PORTFOLIO
TABLE 58.AGAMATRIX: COMPANY SNAPSHOT
TABLE 59.AGAMATRIX: PRODUCT PORTFOLIO
TABLE 60.DUPONT: COMPANY SNAPSHOT
TABLE 61.DUPONT: OPERATING SEGMENTS
TABLE 62.DUPONT: PRODUCT PORTFOLIO
TABLE 63.ROCHE: COMPANY SNAPSHOT
TABLE 64.ROCHE: OPERATING SEGMENTS
TABLE 65.ROCHE: PRODUCT PORTFOLIO
TABLE 66.GE HEALTHCARE: COMPANY SNAPSHOT
TABLE 67.GE HEALTHCARE: PRODUCT SEGMENTS
TABLE 68.GE HEALTHCARE: PRODUCT PORTFOLIO
TABLE 69.LIFESCAN: COMPANY SNAPSHOT
TABLE 70.LIFESCAN: PRODUCT PORTFOLIO
TABLE 71.MEDTRONIC: COMPANY SNAPSHOT
TABLE 72.MEDTRONIC: OPERATING SEGMENTS
TABLE 73.MEDTRONIC: PRODUCT PORTFOLIO
TABLE 74.NOVA: COMPANY SNAPSHOT
TABLE 75.NOVA: PRODUCT PORTFOLIO
TABLE 76.PHC: COMPANY SNAPSHOT
TABLE 77.PHC: OPERATING SEGMENTS
TABLE 78.PHC: PRODUCT PORTFOLIO
TABLE 79.SIEMENS: COMPANY SNAPSHOT
TABLE 80.SIEMENS: OPERATING SEGMENTS
TABLE 81.SIEMENS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.BIOSENSORS, MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP PLAYER POSITIONING
FIGURE 04.DRIVERS, RESTRAINT, AND OPPORTUNITY, BIOSENSORS MARKET
FIGURE 05.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR WEARABLE BIOSENSORS, BY COUNTRY,  2018 & 2026 (%)
FIGURE 06.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR NON-WEARABLE BIOSENSORS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 07.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR ELECTROCHEMICAL BIOSENSORS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 08.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR OPTICAL BIOSENSORS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 09.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR PIEZOELECTRIC BIOSENSORS, BY COUNTRY,  2018 & 2026 (%)
FIGURE 10.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR THERMAL BIOSENSORS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF BIOSENSORS MARKET FOR NANOMECHANICAL BIOSENSORS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 12.ABBOTT: NET SALES, 2016–2018 ($MILLION)
FIGURE 13.ABBOTT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 14.ABBOTT: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 15.NET SALES, 2016–2018 ($MILLION)
FIGURE 16.DUPONT: NET SALES BY DIVISION, 2018 (%)
FIGURE 17.DUPONT: NET SALES BY REGION, 2018 (%)
FIGURE 18.ROCHE: NET SALES, 2016–2018 ($MILLION)
FIGURE 19.ROCHE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 20.ROCHE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21.GENERAL ELECTRIC: NET SALES, 2016–2018 ($MILLION)
FIGURE 22.GENERAL ELECTRIC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 23.GENERAL ELECTRIC: REVENUE SHARE BY REGION, 2018(%)
FIGURE 24.MEDTRONIC: NET SALES, 2016–2018 ($MILLION)
FIGURE 25.MEDTRONIC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 26.MEDTRONIC: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 27.PHC: REVENUE, 2016–2018 ($MILLION)
FIGURE 28.PHC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 29.SIEMENS: NET SALES, 2016–2018 ($MILLION)
FIGURE 30.SIEMENS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 31.SIEMENS: REVENUE SHARE BY REGION, 2018(%)

 
 

Biosensors are devices that are mainly used for detection of an analyte. These are often referred to as self-contained integrated devices, which are proficient in providing quantitative analytical information using a biological recognition element. The main feature of a biosensor is real-time in-situ delivery of required information. A biosensor is mainly composed of three prime components, including biological element, that detects the target analyte and generates a signal in response to it, a transformer, and a detector that amplifies the result. 

The biosensors market is anticipated to witness a fast growth in the future, owing to its increased use in point-of-care and home care diagnosis. In addition, surge in focus toward environmental monitoring across the globe due to rise in pollution also boosts the market growth. Biosensors are gaining traction in the field of food & beverages as these are used to monitor contamination and usage of insecticides. These devices are also used in the field of drug discovery and new analyte discovery. However, high cost of these devices and low adoption of new treatment practices is expected to hamper the market growth in the future. Moreover, North America dominated the market in 2018, owing to developed healthcare infrastructure and increased focus toward the biotechnology sector. However, Asia-Pacific is anticipated to grow at the fastest rate during the forecast period.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The total market value of biosensors market is $38,600.2 million

A. The forecast period in the report si from 2019 to 2026

A. The market value of biosensors market in 2019 was $19,250.00 million

A. The base year for the report is 2018

A. Yes, biosensors companies are profiled in the report

A. The top companies that hold the market share in biosensors market are Abbott Laboratories, AgaMatrix Holdings LLC, DowDupont Inc. (DuPont de Nemours, Inc.), F. Hoffmann-La Roche Ltd., General Electric (Biacore, Inc.)

A. The top 5 emerging investments markets in the biosensors market are Canada, Mexico, UK, Italy and China

A. The key trends in the biosensors market are development of nanotechnology-based biosensors and increase of R&D investments from private and public sectors

 

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