Global Biosensor Market, By Technology (Thermal, Electrochemical, Piezoelectric, Optical), By Application (Medical, Food Toxicity, Bioreactor, Agriculture, Environment, Others), By End User (Home Healthcare Diagnostics, PoC Testing, Food Industry, Research Laboratories, Security and Biodefense) and opportunities and forecast 2020-2027
Biosensor Market Overview
Biosensors, attributable to their ability to assess health standing, and sickness onset and progression, are being used extensively in-home healthcare by patients, and hence, area unit expected to spice up market growth over the forecast amount. furthermore, technological advancements, in addition as numerous non-medical-based applications are expected to boost the relevance of the market for biosensors, therefore promoting its growth.
Biosensors are analytical devices that incorporate biological-based sensing instruments, that are associated or integrated with physiochemical transducers. Biosensors aim to provide digital or electronic signals, that are proportional to chemical content and yield specific measurements. Myriad applications within the healthcare sector such as cholesterol testing, blood glucose monitoring, gestation testing, and drug discovery are expected to impact the marketplace for biosensors, positively.
The rising prevalence of market for as expressed by the International Diabetic Federation is regarding 8.0%, annually estimating over 590 million individuals to amass polygenic disorder until 2035, thereby promoting substantial growth of the market over the forecast period. Thus, due to their ability to assess health standing and monitor sickness onset and progression they're getting used extensively in-home health care and therefore, area unit expected to spice up market growth over the forecast period.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Technology Application and Region
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Biosensor Market Segment Overview
By Technology, Eletrochemical segment dominated the market ,Because of its widespread application for quantification and analysis in biochemical and bilogical processes.
By Application, Medical segment dominated the market,The medical segment includes the utilization of biosensors within the field of cholesterol testing, blood glucose observance, blood gas analyser, pregnancy testing, drug discovery, and infectious diseases.It is thought of an essential tool within the detection and observance of a wide range of medical conditions from diabetes to cancer, thereby, conducive to segment growth.
By End User, The home healthcare diagnostics segment is anticipated to witness the highest CAGR in forecast period ,Key factors attributing to its rising embody the increasing prevalence of target diseases like diabetes, cardiovascular diseases, and cancer. Increasing demand for cheap and reliable sensors for routine watching of patients at home and technological advancements of latest product development capable of delivering results with better specificity and sensitivity is anticipated to spice up the usage rate over the forecast period.
Market Analysis, Insights and Forecast – By Technology · Thermal · Electrochemical · Piezoelectric · Optical
Market Analysis, Insights and Forecast – By Application · Medical · Food Toxicity · Bioreactor · Agriculture · Environment · Others
Market Analysis, Insights and Forecast – By End User · Home Healthcare Diagnostics · PoC Testing · Food Industry · Research Laboratories · Security and Biodefense
Biosensor Market Regional Overview
Region-wise, in terms of regions,North America holds a major market share of the worldwide market owing to the growing prevalence rate of targeted diseases and also the presence of key players within the region. Technological advancements like the introduction of miniaturized diagnostic equipment rendering fast and correct results and rising penetration of Electronic Medical Records (EMR) also are expected to drive the market over the forecast period. Besides, technological advancements in providing minimally invasive devices, the necessity for cost-effective medical diagnostics, and also the rising demand for home diagnosing are expected to drive market growth during this region.
In Asia Pacific, the market is predicted to exhibit the fastest growth throughout the forecast period. The presence of high unmet medical wants concerning target diseases, like cancer, diabetes, and different infectious diseases, growing patient awareness levels, and perpetually rising healthcare expenditure within the region, are a number of the key factors attributing to the expansion of the market in Asia Pacific.
Biosensor Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Biosensor Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Biosensor are highlighted below.
· In January 2020, Abbott collaborated with Insulin Corporation-a manufacturer of tubeless insulin pumps through the utilization of its Omnipod product platform to integrate with Abbott's freestyle Libre sensor. Through this collaboration, the corporate would be able to give personalised automatic endocrine delivery and insulin those with diabetes.
Biosensor Market, Key Players
· AZUR Environmental · Abbott Laboratories · Biosensor BV · Bayer AG · Cranfield Biotechnology Centre · Pinnacle Technologies Inc. · DuPont Biosensor Materials · Ercon, Inc. · EG & IC Sensors, Inc. · Johnson & Johnson · Innovative Biosensors Inc. · LifeScan, Inc. · Strategic Diagnostics · Sysmex Corporation · Molecular Devices Corp. · QTL Biosystems · Roche Diagnostics
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Biosensor market during the forecast period?
A. Biosensor market is expected to record a CAGR of ~ 6.8% during the forecast period
Q2. Which segment is projected to hold the largest share in the Biosensor Market?
A. Hospital segment is projected to hold the largest share in the Biosensor Market
Q3. What are the driving factors for the Biosensor market?
A. The rise within the prevalence of diabetes among population is key factors that boost the growth of the Biosensor market progressively.
Q4. Which Segments are covered in the Biosensor market report?
A. Technology,End User and Region, these segments are covered in the Biosensor market report.
Q5. Which are the prominent players offering Blood Glucose Test Strip Packaging?
Biosensor Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Biosensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Technology
5.2.1. Glucose Dehydrogenase
5.2.2. Glucose Oxidase
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Hospital
5.3.2. Clinic
5.3.3. Household
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East, and Africa
6. North America Biosensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Technology
6.2.1. Glucose Dehydrogenase
6.2.2. Glucose Oxidase
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Household
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Biosensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Technology
7.2.1. Glucose Dehydrogenase
7.2.2. Glucose Oxidase
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Hospital
7.3.2. Clinic
7.3.3. Household
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Biosensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Technology
8.2.1. Glucose Dehydrogenase
8.2.2. Glucose Oxidase
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Hospital
8.3.2. Clinic
8.3.3. Household
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Biosensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Technology
9.2.1. Glucose Dehydrogenase
9.2.2. Glucose Oxidase
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Hospital
9.3.2. Clinic
9.3.3. Household
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. •Abbott
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. AZUR Environmental
10.6. Abbott Laboratories
10.7. Biosensor BV
10.8. Bayer AG
10.9. Cranfield Biotechnology Centre
10.10. Pinnacle Technologies Inc.
10.11. DuPont Biosensor Materials
10.12. Ercon, Inc.
10.13. EG & IC Sensors, Inc.
10.14. Johnson & Johnson
10.15. Innovative Biosensors Inc.
10.16. LifeScan, Inc.
10.17. Strategic Diagnostics
10.18. Sysmex Corporation
10.19. Molecular Devices Corp.
10.20. QTL Biosystems
List of Figures
Figure 1: Global Biosensor Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Biosensor Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Biosensor Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Biosensor Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Biosensor Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Biosensor Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Biosensor Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Biosensor Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Biosensor Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Biosensor Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Biosensor Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Biosensor Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Biosensor Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Biosensor Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Biosensor Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Biosensor Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Biosensor Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Biosensor Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Biosensor Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Biosensor Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Biosensor Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Biosensor Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Biosensor Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Biosensor Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Biosensor Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Biosensor Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Biosensor Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Biosensor Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Biosensor Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Biosensor Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Biosensor Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Biosensor Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Biosensor Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Biosensor Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Biosensor Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Biosensor Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Biosensor Market Revenue (USD Billion) Forecast, by Country, 2016-2027
