Investments in Technological Advancements to Drive the Biosensor Market

Posted by Archit Sanjay on December 28th, 2021

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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Archit Sanjay

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Archit Sanjay
Joined: April 12th, 2021
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