Biosensor Market To Show Impeccable Growth In The Forecast Period 2027

Posted by shriya on June 10th, 2021

Biosensor Market Research Report: Information By Technology (Electrochemical Biosensors, Optical Biosensors, Thermal Biosensors and Piezoelectric Biosensors), By End User (Point of Care, Home Diagnostics, Research Laboratories, Food Industry and Security and Biodefense), By Application (Medical Testing, Food Toxicity, Industrial Process, Environmental and Agricultural Testing) - Forecast till 2027

In the healthcare sector, biosensors are gaining market share due to the upsurge in cases of diabetes mellitus in recent years. The growth in applications that require the conversion of a biological response into an electrical response is inducing further growth of the biosensor market. The applications of biosensors in the security and biodefense industry are expected to unlock new opportunities for growth in the forecast period.

Segmental Analysis

The segmentation of the biosensor market has been conducted on the basis of technology, end user, application, and region. Based on the technology, the biosensor market comprises of optical biosensors, electrochemical biosensors, thermal biosensors, piezoelectric biosensors, and others. Based on the end user, the biosensor market is segmented into home diagnostics, research laboratories, point of care, food industry, security and biodefense, and others. 

Detailed Regional Analysis    

The regional evaluation of the biosensor market comprises of regions such as the Asia Pacific, the Americas, Europe, and the Middle East & Africa. The Americas region is the primary market for biosensors. The North American region is responsible for the major market share. The North American region additionally includes the US, which is the most noticeable country-level market in the region. 

Competitive Analysis

The eminent players in the biosensor market globally are Abbott Laboratories Inc., Bayer Healthcare, Johnson & Johnson, Medtronic, Inc., F. Hoffmann-La Roche Ltd., Siemens Healthcare, LifeSensors Inc., TiaDoc Technology Corporation, Nova Biomedical Corporation, and I-SENCE Inc.

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Akash Anand

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