Press release
Biosensors Market by Top Key Players – Medtronic PLC, Stmicroelectronics N.V., Honeywell International, Inc., TE Connectivity, Smiths Medical, GE Healthcare
Recent technological advancement in medical field, Numerous applications of Biosensors, increasing numbers of diabetic patients and others those requires early diagnosis, high demand for small-scale diagnostic devices are the major factors driving the growth of the Global Biosensors market. Biosensors utilizes the medical science, chemistry and nanotechnology all together, and facilitate early and precise diagnosis of the patient and proper prognosis of the disease.This report gives an in-depth research about the overall state of Biosensors market and projects an overview of its growth market. It also gives the crucial elements of the market and across major global regions in detail. Number on primary and secondary research has been carried out in order to collect required data for completing this particular report. Sever industry based analytical techniques has been narrowed down for a better understanding of this market.
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Global Biosensors Market to reach USD 36.4 billion by 2025. Global Biosensors Market valued approximately USD 16.34 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2018-2025.
Market Segment by Key Players, this report covers: Medtronic PLC, Stmicroelectronics N.V., Honeywell International, Inc., TE Connectivity, Smiths Medical, GE Healthcare, Philips Healthcare, Freescale Semiconductor, Inc., Analog Devices, Inc., Omnivision Technologies Inc.
Rapidly increasing demand for disposable, low cost device with less complexity, user friendly and low maintenance device are aiding to the growth of the market. Furthermore, the government initiative and increasing investments in R&D of the technology have fueled the market growth. A biosensor are analytical devices used in the medical field, for the analysis of a patient body to detect and diagnose the disease. This technology combines a biological component with a physicochemical detector.
The regional analysis of Global Biosensors Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The detailed segments and sub-segment of the market are explained below:
By Product
Biosensors, Pressure Sensors, Accelerometers, Image Sensors, Other Sensors
By Placement of Sensors
Strip Sensors, Wearable Sensors, Implantable Sensors, Invasive Sensors, Ingestible Sensors
By Application
Diagnostic Testing Devices, Therapeutic Devices, Patient Monitoring Devices, Imaging Devices
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Table of Content
Chapter 1.Global Biosensors Market Definition and Scope
1.1.Research Objective
1.2.Market Definition
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
1.6.Report Limitation
Chapter 2.Research Methodology
2.1.Research Process
2.1.1.Data Mining
2.1.2.Analysis
2.1.3.Market Estimation
2.1.4.Validation
2.1.5.Publishing
2.2.Research Assumption
Chapter 3.Executive Summary
3.1.Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2.Key Trends
Chapter 4.Global Biosensors Market Dynamics
4.1.Growth Prospects
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.2.Industry Analysis
4.2.1.Porters 5 Force Model
4.2.2.PEST Analysis
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.Global Biosensors Market, By Product
5.1.Market Snapshot
5.2.Market Performance - Potential Model
5.3.Global Biosensors Market, Sub Segment Analysis
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