The Biosensor Market is expected to stay digitally put in the forecast period. The present scenario is such that digital connectivity is being established along these grounds – nurse-physician communication, nurse-nurse communication, nurse call-patient monitoring, and clinical decision support (real-time information). This implies using VoIP, nurse call systems, and WLANs to enable seamless communication.
According to a new market report published by Persistence Market Research “Global Market Study on Biosensor: Asia-Pacific to Witness Highest Growth by 2020,” the global biosensor market was valued at USD 12,963.6 million in 2014 and is expected to grow at a CAGR of 9.7% from 2014 to 2020, to reach an estimated value of USD 22,551.2 million in 2020.
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