Biosensor Market Size, Share, Analysis Report

Biosensor Market By Application (Point of Care, Home Diagnostics, Research Labs, Biodefense, Environmental Monitoring); By Type (Electrochemical Biosensors, Piezoelectric Biosensors, Optical Biosensors, Thermal Biosensors, Nano mechanical Biosensors); By Product Type (Wearable Biosensors, Non-Wearable Biosensors) and by Regional Analysis - Global Forecast by

The Global Biosensor Market is expected to be around US$ 38.30 Billion by 2027 at a CAGR of 8.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Siemens Healthcare
  • Medtronic Inc
  • Bayer AG
  • Hoffmann-La Roche Ltd
  • Nova Biomedical Corporation
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    8

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Biosensors have emerged because the most potential analytical tools used for the detection of an analytic with the assistance of a physiochemical detector. Though traditional laboratory techniques will yield correct measurements, these area unit extraordinarily time- consuming, complex, expensive and need pre-treatment of the biological sample. Biosensor-based devices give speedy, on-site and time period watching while not the requirement for sample preparation. The increasing applications of biosensors across varied fields like drug development, diagnosing, food safety and environmental monitoring is driving the expansion of the world biosensors market. Recent enhancements in biosensor instrumentation and increasing applications of engineering science area unit the opposite factors conducive to the growth of the biosensors market.

    How Big is The Global Biosensor Market?

    The Global Biosensor Market is expected to be around US$ 38.30 Billion by 2027 at a CAGR of 8.5% in the given forecast period.

    The major driving factors of Global Biosensor Market are as follows:

    • Emergence of Nanotechnology-Based Biosensors
    • Significant Technological Advancements in the Past Few Years
    • Increasing Use of Biosensors to Monitor Glucose Levels in Individuals With Diabetes
    • Increased Demand for Home-Based PoC Devices

    The restraining factors of Global Biosensor Market­ are as follows:

    • Slow Rate of Commercialization
    • High Costs Involved in Research and Development
    • Reluctance Toward the Adoption of New Treatment Practices

    The Global Biosensor Market is segmented on the lines of its application, type, product and regional. Based on application segmentation it covers Point of Care, Home Diagnostics, Research Labs, Biodefense, Environmental Monitoring and Food & Beverages Industry. Based on type it covers Electrochemical Biosensors, Piezoelectric Biosensors, Optical Biosensors, Thermal Biosensors, Nano mechanical Biosensors and Others. Based on product it covers wearable and Non-wearable. The Global Biosensor Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market forGlobal Biosensor Marketand related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Global Biosensor Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The scope of the report includes a detailed study of global and regional markets on Global Biosensor Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Siemens Healthcare, Bayer AG, Medtronic, Inc., Hoffmann-La Roche, Ltd., Nova Biomedical Corporation, Johnson and Johnson, and Abbott Laboratories, Inc., among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Global Biosensor Market has been segmented as below:

    By Application:

    • Point of Care
    • Home Diagnostics
    • Research Labs
    • Biodefense
    • Environmental Monitoring

    By Type:

    • Electrochemical Biosensors
    • Piezoelectric Biosensors
    • Optical Biosensors
    • Thermal Biosensors
    • Nano mechanical Biosensors
    • Others

    By Product Type:

    • Wearable Biosensors
    • Non-Wearable Biosensors

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report: 
    1) Obtain the most up to date information available on all Global Biosensor Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Global Biosensor Marketdata.
    4) Assess your competitor’s refining portfolio and its evolution.

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    We can offer you custom research reports as per client’s special requirements.

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    1 INTRODUCTION    
       1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Research Data 
               2.1.1 Secondary Data
                        2.1.1.1 List of Major Secondary Sources
                        2.1.1.2 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Primary Interviews With Experts
                        2.1.2.2 Breakdown of Primaries
                        2.1.2.3 Key Data From Primary Sources
                        2.1.2.4 Key Industry Insights
        2.2 Market Size Estimation 
               2.2.1 Bottom-Up Approach
               2.2.2 Top-Down Approach
                        2.2.2.1 Estimating Value and Volume From Secondary Treasures
        2.3 Market Breakdown and Data Triangulation 
        2.4 Assumptions

    3 Executive Summary 

    4 Premium Insights 
        4.1 Attractive Growth Opportunities in the Biosensors Market 
        4.2 Biosensors Market, By Application 
        4.3 Biosensors Market, By Technology and Region 
        4.4 Biosensors Market, By Product 
        4.5 Biosensors Market, By Country

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Dynamics 
               5.2.1 Drivers
                        5.2.1.1 Emergence of Nanotechnology-Based Biosensors
                        5.2.1.2 Significant Technological Advancements in the Past Few Years
                        5.2.1.3 Increasing Use of Biosensors to Monitor Glucose Levels in Individuals With Diabetes
                        5.2.1.4 Increased Demand for Home-Based PoC Devices
               5.2.2 Restraints
                        5.2.2.1 Slow Rate of Commercialization
                        5.2.2.2 High Costs Involved in Research and Development
                        5.2.2.3 Reluctance Toward the Adoption of New Treatment Practices
               5.2.3 Opportunities
                        5.2.3.1 Emerging Market in Developing Countries
                        5.2.3.2 High-Growth Opportunities in Environmental Monitoring, Biodefense, and the Food Industry
               5.2.4 Challenges
                        5.2.4.1 Government Regulations – Long Certification and Approval Cycles
                        5.2.4.2 Pricing Pressure in the PoC Market

    6 Industry Trends 
        6.1 Introduction 
        6.2 Value Chain Analysis 
        6.3 Industry Trends 
        6.4 Porter’s Five Forces Analysis 
               6.4.1 Threat of New Entrants
               6.4.2 Threats of Substitutes
               6.4.3 Bargaining Power of Suppliers
               6.4.4 Bargaining Power of Buyers
               6.4.5 Intensity of Competitive Rivalry
        6.5 Startup Scenario 
               6.5.1 Start-Up Companies

    7 Market, By Technology 
        7.1 Introduction 
        7.2 Electrochemical Biosensors 
               7.2.1 Amperometric Sensors
                        7.2.1.1 Blood Glucose Sensors
               7.2.2 Potentiometric Sensors
                        7.2.2.1 Immunosensors
               7.2.3 Conductometric Sensors
        7.3 Optical Biosensors 
               7.3.1 Surface Plasmon Resonance (SPR)
               7.3.2 Calorimetric Biosensors
               7.3.3 Fluorescence Biosensors
        7.4 Piezoelectric Biosensors 
               7.4.1 Acoustic Biosensors
               7.4.2 Microcantilever Biosensors
        7.5 Thermal Biosensors 
        7.6 Nanomechanical Biosensors 
        7.7 Others

    8 Biosensors Market, By Product 
        8.1 Introduction 
        8.2 Wearable Biosensors 
               8.2.1 Wristwear
               8.2.2 Eyewear
               8.2.3 Footwear
               8.2.4 Neckwear
               8.2.5 Bodywear
               8.2.6 Others
        8.3 Non-Wearable Biosensors

    9 Biosensors Market, By Application 
        9.1 Introduction 
        9.2 Point of Care (PoC) 
               9.2.1 Biosensors Market for PoC Applications, By Geography
               9.2.2 Glucose Monitoring
               9.2.3 Cardiac Markers
               9.2.4 Infectious Diseases
               9.2.5 Coagulation Monitoring
               9.2.6 Pregnancy & Fertility Testing
               9.2.7 Blood Gas & Electrolytes
               9.2.8 Tumor Or Cancer Markers
               9.2.9 Urinalysis Testing
               9.2.10 Cholesterol Tests
               9.2.11 Others
        9.3 Home Diagnostics 
        9.4 Research Labs 
               9.4.1 Drug Development
        9.5 Biodefence 
               9.5.1 Crime Detection
        9.6 Environmental Monitoring 
               9.6.1 Wastewater Treatment
        9.7 Food & Beverages Industry

    10 Biosensors Market, By Geography 
         10.1 Introduction 
         10.2 North America 
         10.3 Europe 
         10.4 Asia Pacific (APAC) 
         10.5 Rest of the World (RoW)

    11 Competitive Landscape 
         11.1 Overview 
         11.2 Key Players in Biosensors Market 
         11.3 Dive Chart Analysis 
                 11.3.1 Vanguards
                 11.3.2 Dynamic
                 11.3.3 Innovator
                 11.3.4 Emerging
         11.4 Competitive Benchmarking 
                 11.4.1 Product Offerings
                 11.4.2 Business Strategy
         11.5 Competitive Situations and Trends 
                 11.5.1 New Product Launches and Developments
                 11.5.2 Partnerships, Collaborations, and Agreements
                 11.5.3 Mergers and Acquisitions
                 11.5.4 Expansions

    12 Company Profiles 
         12.1 Introduction 
         12.2 Abbott Point of Care, Inc. 
         12.3 F. Hoffman-LA Roche Ltd. 
         12.4 Medtronic Inc. 
         12.5 Universal Biosensors, Inc. 
         12.6 Siemens AG 
         12.7 Lifescan, Inc. 
         12.8 Lifesensors, Inc. 
         12.9 Nova Biomedical 
         12.10 ACON Laboratories, Inc. 
         12.11 Pharmaco-Kinesis Corporation 
         12.12 Bayer Healthcare AG 
         12.13 Bio-Rad Laboratories, Inc. 
         12.14 Biacore 
         12.15 Biosensors International Pte. Ltd. 
         12.16 Ercon, Inc. 
         12.17 Dupont 
         12.18 Sysmex Corporation 
         12.19 Key Innovators 
                 12.19.1 Neurosky, Inc.
                 12.19.2 Graphene Frontiers
                 12.19.3 Hmicro Inc.

    The Global Biosensor Market has been segmented as below:

    By Application:

    • Point of Care
    • Home Diagnostics
    • Research Labs
    • Biodefense
    • Environmental Monitoring

    By Type:

    • Electrochemical Biosensors
    • Piezoelectric Biosensors
    • Optical Biosensors
    • Thermal Biosensors
    • Nano mechanical Biosensors
    • Others

    By Product Type:

    • Wearable Biosensors
    • Non-Wearable Biosensors

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

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    The market is expected to grow at a CAGR of 8.5% during the study period (2022-2027)
    The Global Biosensor Market is expected to be around US$ 38.30 Billion by 2027
    The segment included in Biosensor Market is Application, Type, Product and region.
    Some key players operating in the Biosensor Market Market include Siemens Healthcare, Bayer AG, Medtronic, Inc., Hoffmann-La Roche, Ltd., Nova Biomedical Corporation, Johnson and Johnson, and Abbott Laboratories, Inc
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