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on September 27, 2023
A Global Biosensors Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Biosensors industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Biosensors market, this study covers qualitative and quantitative aspects of the Biosensors market. for the Biosensors market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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. Other benefits of biosensors include Point of Care (POC) glucose testing and non-invasive glucose monitoring systems among others, which are expected to boost growth of the market during the forecast period. Biosensors are also being used in maternity and fertility testing, and Biosensor-based In-Vitro Diagnostic (IVD) devices are fast becoming excellent alternative tools due to the various advantages this offers. This approach offers a major advantage over conventional detection systems in medicines for an early diagnosis, enables proper screening of targeted population, and also for assessing the efficiency of a specific therapy.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Abbott, Medtronic, Bio-Rad Laboratories, Inc., Cytiva, LifeScan IP Holdings, LLC, Nova Biomedical, Universal Biosensors, AgaMatrix, PHC Holdings Corporation, ACON Laboratories, Inc
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Biosensors market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Biosensors market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Biosensors market expected to boost the growth of the industry in the coming years.
Biosensors Market Segmentation:
-
Product Outlook (Revenue, USD Billion; 2019–2030)
- Wearable
- Non-wearable
-
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Electrochemical
- Optical
- Piezoelectric
- Thermal
- Nanomechanical
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Healthcare
- Agriculture
- Bioreactor
- Food Toxicity
- Others
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
To know more about the report @ https://www.emergenresearch.com/industry-report/biosensors-market
Highlights of Table of Contents (TOC):
- Overview of Global Biosensors Market
- Competitive analysis of the Biosensors market
- Regional analysis of Global Biosensors market production and revenue
- Regional analysis of Global Biosensors market supply, consumption, and export & import
- Type-based market analysis of global Biosensors production, revenue, and price trends
- Application-based analysis of the global Biosensors market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Biosensors market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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