Boston, MA -- (SBWIRE) -- 07/05/2016 -- Biosensors were first introduced in 1962 with the development of enzyme electrodes by scientist Leland C. Clark. Since then, research communities from fields such as very large scale integration, chemistry, physics, and material science have come together to develop more reliable, sophisticated, and mature biosensors. These biosensors found their applications in the field of medicine, biotechnology, agriculture, as well as military and bioterrorism detection and prevention.

A major application of these devices is in blood glucose sensing because of the high market potential of glucose monitors. Biosensors have also shown a huge potential for commercialization in other fields of application such as biosensor-based instruments in environmental sampling and food and beverage production as well as in non-invasive instruments for clinical analysis.

Technavio's analysts forecast the global biosensor market for non-clinical applications to grow at a CAGR of 11.58% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Bio-Sensors Market for non-clinical Applications 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global biosensor market for non-clinical applications for 2016-2020. To calculate the market size, Technavio considers the sale of biosensors for non-clinical applications. For healthcare applications, we have only considered revenue generated from the sale of biosensor-integrated fitness trackers.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Biosensor Market for Non-Clinical Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Biosensor Applications
-DuPont
-Remedios
-Smiths Detection

Other prominent vendors

-3M
-Abbott Laboratories
-Analog Devices
-Bayer Healthcare
-Beckman Coulter
-Becton, Dickinson and Company
-Biacore International
-Bio-Rad Laboratories
-Biosensors International Group
-Cambridge Life Sciences
-DSM Biomedical
-EMD Millipore
-LifeScan
-Nova Biomedical
-Roche
-Siemens
-Universal Biosensors

Market driver

-Development of nanotechnology
-For a full, detailed list, view our report

Market challenge

-Lack of standardization and guidelines for biosensor-integrated devices
-For a full, detailed list, view our report

Market trend

-Increasing use of biosensors to minimize drunk driving accidents
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Agrimap, Agrimaster, Agrinavia, Agrivi, Agroptima, N.S.T. New Science Technologies, Granular, iAgri, AgCloud, Agri-Data, Farm Works, FarmLogs, TapLogic, WMS (Wine Management Systems)

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