The global biosensors market size was USD 25.5 Billion in 2021 and is expected to register a revenue CAGR of 8.0% during the forecast period, according to latest analysis by Emergen Research. Increasing application of biosensors in agriculture and healthcare sectors and emergence of nanotechnology-based biosensors are factors projected to support market revenue growth between 2021 and 2030. In addition, rising prevalence of chronic disease such as diabetes, cardiovascular disease, and others globally and growing acceptance of biosensors by diabetics for glucose monitoring are factors contributing to revenue growth of the market. Significant advancements in biosensor technology have eased the process of blood glucose level monitoring in patients, especially in older adults, which has helped in the management of diabetes mellitus.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Biosensors market.
Furthermore, the report provides details about the new players entering the market, and entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
Key players include Abbott, Medtronic, Bio-Rad Laboratories, Inc., Cytiva, LifeScan IP Holdings, LLC, Nova Biomedical, Universal Biosensors, AgaMatrix, PHC Holdings Corporation, ACON Laboratories, Inc.
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Global Biosensors Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
RD Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Emergen Research has segmented the global biosensors market on the basis of product, technology, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Wearable Biosensors
Non-wearable Biosensors
Technology Outlook (Revenue, USD Billion; 2019–2030)
Electrochemical Biosensors
Optical Biosensors
Piezoelectric Biosensors
Thermal Biosensors
Nanomechanical Biosensors
Application Outlook (Revenue, USD Billion; 2019–2030)
Healthcare
Agriculture
Bioreactor
Food Toxicity
Others
End-use Outlook (Revenue, USD Billion; 2019–2030)
Point of Care (POC)
Home Diagnostics
Research Labs
Environmental Monitoring
Food Beverages
Biodefense
Others
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Biosensors Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Features of the Biosensors Market Report:
The report provides information on the major forces, constraints, possibilities, problems, growth prospects, restrictions, and dangers.
The research includes information on the major businesses, their product portfolio and specifications, their production valuation, and their market shares.
It also provides research-backed projections for the forecast period of eight years, particularly to assess the potential market growth. • Evaluation of important existing and developing market trends and growth opportunities.
Brief market overview with respect to product development, technological breakthroughs, and research and development
thorough evaluation of the present market situation, buyers, demands, and upstream raw materials
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