ReleaseWire

$31,920.4 Million Growth of Biosensors Market 2018: Industry Size, Drivers, Market Opportunities, Business Trends and Forecast to 2024

According to a new report published by Data Bridge Market Research “Global Biosensors Market 2018-2024”, By Technology (Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Nanomechanical Biosensors, Thermal Biosensors, Others), Product (Wearable Biosensors, Non-Wearable Biosensors), Application, Geography and Forecast to 2024.

Posted: Friday, April 06, 2018 at 3:32 PM CDT

Pune, India -- (SBWire) -- 04/06/2018 --Global Biosensors Market is expected to reach USD 31,920.4 million by 2024 from USD 16,153.1 million in 2016, at a CAGR of 8.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Get Free Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-biosensors-market

Global Biosensors Market Company Analysis:

The Abbott is going to dominate the global biosensor market followed by Johnsons & Johnson Services, Inc., Medtronic and other players operating in this market are include DuPont, Bio-Rad Laboratories, Inc., Universal Biosensors Inc., Sysmex Corporation, Pharmaco-Kinesis, Nova Biomedical, ACON Laboratories, Inc., General Electric, DANAHER (Molecular devices, LLC), Drägerwerk AG & Co. KGaA, Ercon Inc., HMicro Inc. and Xsensio among others.

This report consists of below pages:

- No of pages: 224
- No of Figures: 48
- No of Tables: 124

The major factors driving the growth of this market are significant technological advancements in the field of biosensor, emergence of nanotechnology-based biosensors, increasing use of biosensors to monitor glucose levels in individuals with diabetes, high demand of biosensor in monitoring and diagnostic devices and rising demand for disposable, cost-efficient & user-friendly devices of the market are furthermore boosting the growth of the global biosensor market. On the other hand, slow rate of commercialization and high costs involved in R&D may hinder the growth of the market.

Inquiry Before Buying @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-biosensors-market

Report Segmentation:

The global biosensors market is segmented on the basis of product type, application and end user. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.

On the basis of technology, the global biosensor market is segmented into electrochemical biosensors, optical biosensors, piezoelectric biosensors, nanomechanical biosensors, thermal biosensors and others. The biosensor market is dominated by electrochemical biosensors with 37.5% market share in 2017, growing with a CAGR of 8.6% in the forecast period. Electrochemical biosensors are sub segmented into amperometric sensors, potentiometric sensors and conductometric sensors. Amperometric sensors are further sub segmented into blood glucose sensors. Potentiometric sensors are further sub segmented into immunosensors, penicillin biosensor and urea biosensor.
Optical biosensors are further sub segmented into surface plasmon resonance (SPR), calorimetric biosensors and fluorescence biosensors.

Piezoelectric biosensors are further sub segmented into acoustic biosensors and microcantilever biosensors.

On the basis of product, the global biosensor market is segmented into wearable biosensors and non-wearable biosensors. Wearable biosensors are expected to dominate the market with 78.7% market share. Wearable biosensors are further sub segmented into wrist wear, eyewear, footwear, neckwear, body wear and others.

On the basis of application, the global biosensor market is classified into point of care (POC), home diagnostics and biodefence, environmental monitoring, food & beverage industry and research labs. In 2017, point of care (POC) is expected to dominate the market with 48.4% market share. Point of care (POC) are further sub segmented into glucose monitoring, cardiac markers, infectious diseases, coagulation monitoring, pregnancy & fertility testing, blood gas & electrolytes, tumor or cancer markers, urinalysis testing, cholesterol tests and others.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Key Drivers of Global Biosensors Market:

The major factors driving the growth of this market are significant technological advancements in the field of biosensor, emergence of nanotechnology-based biosensors, increasing use of biosensors to monitor glucose levels in individuals with diabetes, high demand of biosensor in monitoring and diagnostic devices and rising demand for disposable, cost-efficient & user-friendly devices of the market are furthermore boosting the growth of the global biosensor market. On the other hand, slow rate of commercialization and high costs involved in R&D may hinder the growth of the market.

Read more news about this Report visit @ http://databridgemarketresearch.com/reports/global-biosensors-market/

Key Topics Covered:

1. INTRODUCTION
2. MARKET SEGMENTATION
3. MARKET OVERVIEW
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL BIOSENSOR MARKET, BY PRODUCT
7. GLOBAL BIOSENSOR MARKET, BY APPLICATION
8. GLOBAL BIOSENSOR MARKET, BY TECHNOLOGY
9. GLOBAL BIOSENSOR MARKET, BY GEOGRAPHY
10. GLOBAL BIOSENSORS MARKET, COMPANY LANDSCAPE
11. COMPANY PROFILES
11.1. ABBOTT
11.2. MEDTRONIC
11.3. JOHNSON & JOHNSON SERVICES, INC. (LIFESCAN, INC.)
11.4. UNIVERSAL BIOSENSORS INC.
11.5. DU PONT
11.6. SYSMEX CORPORATION
11.7. BIO-RAD LABORATORIES, INC.
11.8. PHARMACO-KINESIS
11.9. NOVA BIOMEDICAL
11.10. ACON LABORATORIES, INC.
11.11. GENERAL ELECTRIC
11.12. XSENSIO
11.13. HMICRO INC.
11.14. ERCON INC.
11.15. DRÄGERWERK AG & CO. KGAA
11.16. DANAHER (MOLECULAR DEVICES, LLC)
12. RELATED REPORTS

Related Report

Global Milking Robots Market– Industry Trends and Forecast to 2024

Global Milking Robots market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Offering (Hardware, Software, Service), System Type (Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary), Herd Size (Below 100, Between 100 and 1,000 and Above 1,000) – Industry Trends and Forecast to 2024

Report Access: http://databridgemarketresearch.com/reports/global-milking-robots-market/

About Data Bridge Market Research
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get 10% Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com