Press release
Biosensors Market - Worldwide Forecast And Analysis Of Revenue, Trends, Drivers by 2026
According to a research report "Biosensors Market by Type, Product (Wearable, Non-wearable), Technology, Application (POC, Home Diagnostics, Research Lab, Environmental Monitoring, Food & Beverages, Biodefense) and Region - Global Forecast to 2026. the biosensors market is valued at USD 25.5 billion in 2021 and is projected to reach USD 36.7 billion by 2026. Rising awareness about the potential applications of biosensors and advancement in technology are key drivers for the growth of this market. Growing adoption of biosensors across various industries is also contributing to market growth.• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=798
This report segments the global biosensors market as follows: medical devices, industrial controls, food and beverage, consumer electronics, and others. The report also includes an analysis of key trends and factors that are driving the growth of the biosensors market.
Key trends in the biosensors market
The biosensors market is expected to grow at a CAGR of 7.5% during the forecast period 2021-2026, owing to the increasing demand for healthcare products and applications. The growth in the biosensors market is driven by the rise in awareness about the potential benefits of using biosensors for detecting and managing diseases and other health problems. In addition, increasing investment in R&D efforts by key players is also expected to bolster the growth of the biosensors market.
Some of the key trends that are expected to drive the growth of the biosensors market include:
• Increasing demand for healthcare products and applications
• Rise in awareness about the potential benefits of using biosensors
• Increasing investment in R&D efforts by key players
Drivers of the biosensor market
The growth is driven by the increasing demand for innovative, cost-effective and environmental-friendly biosensors. Additionally, the increasing demand for personalized healthcare is also expected to drive the market growth.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/biosensors-market-798.html
Some of the major drivers that are estimated to propel the biosensor market include:
- Increasing popularity of innovative biosensors for various industrial applications
- Rising focus on personalized healthcare
- Growing interest in developing novel biosensing technologies
- Rapid development of data management and analysis tools
Most promising technologies, applications, and regions
This growth is due to the increasing demand for biosensors in various industrial and medical applications. Some of the most promising technologies in the biosensors market include immunoassays, chemiluminescence, and microarrays.
North America is expected to dominate the global biosensors market with a share of over 50%. This is due to the high prevalence of diseases in this region and the increasing adoption of innovative healthcare technologies. Asia Pacific is expected to witness growth at a higher CAGR than North America. This is due to the rising demand for biosensors in industries such as agriculture, pharmaceuticals, and food & beverage.
Europe is expected to witness moderate growth during the forecast period. However, Europe is expected to dominate the market by 2021 owing to its high adoption of innovative healthcare technologies. Latin America is expected to witness significant growth during the forecast period. This increase in demand is due to the growing awareness about health issues among Latin American consumers. Japan is also expected to witness significant growth during the forecast period owing to its aging population and increasing investment in healthcare facilities.
Abbott (US), Roche (Switzerland), Medtronic (Ireland), Bio-Rad Laboratories, Inc. (US), DuPont (US), Biosensors International Group, Ltd. (Singapore), Cytiva (UK), Dexcom, Inc. (US), Lifescan IP Holdings, LLC (US), Masimo (US), Nova Biomedical (US), Universal Biosensors (Australia), ACON Laboratories, Inc. (US), CARDEA BIO INC., (US), Conductive Technologies (US), EarlySense (Israel), Innovative Sensor Technology IST AG (Switzerland), LifeSignals (US), NeuroSky (US), Pinnacle Technology Inc. (US), SD Biosensor, INC. (South Korea), VitalConnect (US), and Xsensio (Switzerland) are a few of the key players in the biosensors market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biosensors Market - Worldwide Forecast And Analysis Of Revenue, Trends, Drivers by 2026 here
News-ID: 2623430 • Views: …
More Releases from MarketsandMarkets
eFuse Market is Projected to Reach $674 million by 2029 | Leading key players ar …
According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast…
Battery Recycling Market worth $54.3 billion by 2030 | Key players Aqua Metals, …
According to recent market research the "Battery Recycling Market by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and Region - Global Forecast to 2030", is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5%. The mounting demand for electric vehicles to limit the rising pollution levels has…
Waterproofing Admixtures Market worth $8.0 billion by 2028 | Key players Sika AG …
According to recent market research the "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028. The market is projected to grow because of…
Combined Heat and Power Market Size to Grow $39.2 billion by 2029 | GE, Siemens …
According to a research report "Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the Combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024,…
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics…
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on…
