The report for Biosensor Market of Market Research Future comprises of extensive
primary research along with the detailed analysis of qualitative as well as quantitative
aspects by various industry experts, key opinion leaders to gain the deeper insight of the
market and industry performance. Globally the Biosensor Market is increasing moderately.
Biosensor is devices composed of transducer and biological element for providing analytical
information. These devices convert biological response into an electrical response, to
recognize the function and structure of various molecules. Biosensors are complicated and
effective device capable of fast detection and measuring wide spectrum in various
applications. It has various applications in the field of healthcare, industrial process control,
military application, environmental monitoring, agriculture and veterinary monitoring. The
Global Biosensor Market is growing moderately due to increase in prevalence of diabetic
population, rise in geriatric population, increasing demand of POCT, rising prevalence of
chronic and lifestyle associated diseases, and increasing application of biosensors in various
industries. Biosensor Industry is expected to grow at a CAGR of 9.6% from 2014 to 2020.
Key Findings:
The key findings of the report “Global Industry Insight: Global Biosensor Market
Development and Forecast to 2020” include:
Biosensor market expected to grow at CAGR of 9.6% during the period 2014-2020
Geographically, North America has the largest share in global biosensors market,
while Asia-Pacific has emerged as the fastest growing region
Based on the technology, electrochemical biosensors has the largest market share in
the Biosensor Market
Security and biodefense are the most popular end user in the Biosensors Market
Biosensor Market has been segmented on the basis of technology which comprises of
electrochemical biosensors, optical biosensors, thermal biosensors, piezoelectric biosensors
and others. On the basis of end user, the market is segmented into point of care, home
diagnostics, research laboratories, food industry, security and biodefense and others. On the
basis of application, the market is segmented into medical testing, food toxicity, industrial
process, environmental market, agricultural testing and others.
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Key Players for Biosensor Market:
Abbott Laboratories Inc., F. Hoffmann-La Roche Ltd., Bayer Healthcare, Johnson & Johnson,
Medtronic, Inc., and Siemens Healthcare, Nova Biomedical Corporation, LifeSensors Inc.,
TiaDoc Technology Corporation, I-SENCE Inc.
Regional Analysis of Biosensor Market:
Considering the global scenario of the market, Americas region is believed to be the largest
market for biosensor. Moreover the European market is also growing continuously and