Biosensors Market
Global Biosensors Market : Growth Factors
The key factors responsible for propelling the growth of the market include the enhanced technologies , rising requirement for point-of-care and home care devices , monitoring of glucose in diabetic patients , the emergence of nano-biosensors / nanotechnology , and extensive use of biosensor in various applications such as medical science . The other factors boosting the biosensor market growth are the increasing demand for advanced techniques for environmental monitoring and expeditious pathogen identification . However , various factors such as disinclination toward the acceptance of the new therapy approach , high expenditure involved in the development and research , and steady rate of commercialization may hinder the growth of the global biosensors market .
Global Biosensors Market : Segmentation
The global biosensors market is segmented based on technology , application , end use , and region . The technology segment of the global market is divided into electrochemical biosensors , optical biosensors , piezoelectric biosensors , and thermal biosensors . The application segment of the biosensors market is diversified into food toxicity detection , agriculture , industrial process control , environment , medical , and others . The medical application is further sub-segmented into blood glucose monitoring , drug discovery , cholesterol testing , blood gas analyzer , infectious diseases , and pregnancy testing . The end-use segment of the global market is classified into research laboratories , home point-of-care testing , food industry , security , healthcare diagnostics , and bio-defense . Regionally , the global biosensors market is divided into North America , Europe , Asia-Pacific , Latin America , and the Middle East and Africa .