Biosensors market size was valued over USD 25 billion in 2020 and is projected to witness a growth of around 7% from 2021 to 2027.
Biosensors are medical devices primarily used to detect or detect the presence or concentration of biological substances such as biomolecules or microorganisms. It is an analytical device that can convert biological reactions into electrical signals. The biosensor mainly consists of three parts, including components that identify analytes and generate signals, signal transducers, and reader devices. Biosensors find applications in food and beverage, environmental monitoring, and home care diagnostics. And various nanomechanical biosensors. In addition, biosensor applications are widely used in plant biology to study metabolic processes.
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Company Profile
Some of the major players operating in the market are Abbott Laboratories, Bio-Rad International, Biosensor International, DowDuPont Inc, Ercon Inc., Gwent Group, Johnson & Johnson, Molecular Devices Corp, Pinnacle Technologies, QTL Biosystems, Roche Diagnostics, and others.
Market Segmentation
The following Segmentation are covered in this report:
By Type
Sensor Patch
Embedded Device
By Product
Wearable Biosensors
Non-wearable Biosensors
By Technology
Electrochemical Biosensors
Optical Biosensors
Piezoelectric Biosensors
Thermal Biosensors
Nanomechanical Biosensors
By Application
POC
Home Diagnostics
Research Labs
Environmental Monitoring
Food & Beverages
Biodefense
Scope of the Report
The research study analyzes the global Biosensors industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Biosensors Market Report
1. What was the Biosensors Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Biosensors Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Biosensors Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Biosensors market.
• The market share of the global Biosensors market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Biosensors market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Biosensors market.
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