Press release
Nano Biosensors Market Astonishing Growth with Top Influencing Key Players like ACON Laboratories, Inc., Abbott Point of Care, Inc., Agilent Technologies, Inc
Latest research on Nano Biosensors Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Nano Biosensors market. This report included a special section on the Impact of COVID19. Also, Nano Biosensors Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Nano Biosensors industry.Nano Biosensors Market is growing at a CAGR of 10% during the forecast period (2021-2026).
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The Nano Biosensors market is highly competitive and consists of a number of major players. Top Companies like ACON Laboratories, Inc., Abbott Point of Care, Inc., Agilent Technologies, Inc., Nanowear, Inc., AerBetic, Instant NanoBiosensors Co., Ltd, LamdaGen Corporation, Vista Therapeutics, Inc., Bruker Corporation, GBS Inc.
Industry News And Developments:
- September 2020 - Abbott introduced the glucose sport biosensor, called Libre Sense Glucose Sport Biosensor, which is designed for athletes to continuously measure glucose to better understand the correlation between their glucose levels and their athletic performance. The Libre Sense biosensor is based on Abbott's world-leading FreeStyle Libre continuous glucose monitoring technology, which was originally developed for people living with diabetes. Based on that technology, this is the first personal-use product that allows for use beyond diabetes.
- Feb 2020 - Researchers of the University of Twente and Wageningen University developed a nanosensor that accurately detects biomarkers for cancer in an extremely broad range of concentrations, from 10 particles per microliter to 1 million particles per microliter. The sensor looks like two combs are woven into each other on the nanoscale, which leaves gaps between the teeth, the electrodes of around 120 nanometres. This small gap size provides amplification of the signal.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Nano Biosensors market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Nano Biosensors Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
- The market studied has witnessed important innovations and developments in the field of nanotechnology, recently. Major factors influencing the market studied are the quality of research that companies can access, the availability of sources of finance, and supportive policy frameworks, particularly in the healthcare, and food & beverage sector.
- The healthcare segment is expected to account for a significant share of the market studied, over the forecast period. Expansion in these segments can be attributed to the use of nanosensors in medical diagnostics to detect cancers or as blood-borne sensors.
- Also, with the increasing significance of intelligent packaging, the adoption of nanosensors is expected to witness a considerable growth. The use of nanotechnology, nano minerals, and nanosensors in the agri-food sector, including feed and nutrient components, intelligent packaging, and quick detection systems, may create opportunities of improvements in the agricultural sector.
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Key Market Trends
Healthcare Industry Holds the Significant Share in the Market
- The healthcare and the biomedical sectors are the largest initial market for nano biosensors due to the increasing requirement for rapid, compact, accurate, and portable diagnostic sensing systems. Urgent care centers (UCC) and retail clinics centers (RC) have become popular, as the need for convenient care continues to grow because of the long waits seen by the Emergency Departments.
- Owing to the growing requirement for compact, rapid, accurate, and portable diagnostic sensing systems, the healthcare industry has been one of the major adopters for nanosensors. Nano biosensors have the capabilities to fulfill these requirements, which can be used to treat various chronic diseases. The aging population further increases the need for nanotechnology in healthcare. Nanotechnology has been used to treat various chronic diseases, like diabetes, hypertension, cardiovascular diseases, and asthma.
North America Dominates the Market
- North America occupies the highest market share due to innovation activities unddertaken by the government and research institutions. According to the World Health Organization, diabetes has been rising alarmingly in recent decades, with the fastest increase in lower and middle-income countries that could affect 580 million people by 2035.
- Thus, in November 2019, US and Brazilian scientists developed a glasses-based biosensor capable of measuring blood glucose levels through a person’s tears, offering a less invasive test for diabetics.
- In May 2020, San Diego-based Roswell Biotechnologies and nano innovator Imec collaborated to make the first molecular electronics biosensors chips commercially available in 2021. Such chips would be useful in detecting COVID-19 and other diseases and for precision medicine, as well as low-cost genome sequencing, on portable or even handheld devices.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Nano Biosensors Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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