openPR Logo
Press release

Biosensors Market to Expand at a CAGR of 8.51% Over 2022-2027 - IMARC Group

09-01-2022 09:20 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMARC Group

Biosensors Market to Expand at a CAGR of 8.51% Over 2022-2027 -

According to the latest report by IMARC Group "Biosensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global biosensors market reached a value of US$ 24.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 39.9 Billion by 2027, exhibiting a CAGR of 8.51% during 2022-2027.

Biosensors refer to medical devices that are used to detect the presence of biological substances, such as biomolecules and microorganisms. They are embedded with an analyte, mediator, transducer and reader device to convert a biological response into an electrical signal. They are widely utilized to monitor disease progression and assist in drug discovery and forensic research. Apart from this, these devices also assist in the treatment of numerous chronic and lifestyle disorders by monitoring regular pathogenic activities in the body.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request for a free sample copy of this report: https://www.imarcgroup.com/biosensors-market/requestsample

Market Trends:

The global market is primarily driven by significant growth in the healthcare sector. Along with this, continual technological advancements in the sector are creating a positive outlook for the market. For instance, the widespread integration of fluorescence tags and the increasing usage of nanomaterials, such as quartz and crystal, to improve the detection limit and sensitivity is also providing an impetus to the market growth. Additionally, significant investments by public and private authorities in the development of genomics and proteomics are also contributing to the market growth. Extensive research and development (R&D) activities in the field of biotechnology are further acting as major growth-inducing factors.

Breakup by Product:

Wearable Biosensors
Non-Wearable Biosensors

Breakup by Technology:

Electrochemical Biosensors
Optical Biosensors
Piezoelectric Biosensors
Thermal Biosensors
Nanomechanical Biosensors
Others

Breakup by Application:

Blood Glucose Testing
Cholesterol Testing
Blood Gas Analysis
Pregnancy Testing
Drug Discovery
Infectious Disease Testing
Others

Breakup by End Use:

Point of Care Testing
Home Healthcare Diagnostics
Research Laboratories
Security and Biodefense
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Abbott Laboratories
AgaMatrix Inc. (WaveForm Technologies Inc)
DuPont de Nemours Inc.
F. Hoffmann-La Roche AG
General Electric Company
LifeScan Inc. (Platinum Equity LLC)
Medtronic PLC
Nova Biomedical Corporation
PHC Holdings Corporation
Siemens AG
Thermo Fisher Scientific Inc.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/biosensors-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Related Reports

Healthcare Crm Market: https://www.imarcgroup.com/healthcare-crm-market

Graphic Film Market https://www.imarcgroup.com/graphic-film-market

Mirror Coatings Market: https://www.imarcgroup.com/mirror-coatings-market

Urinary Incontinence Devices Market: https://www.imarcgroup.com/urinary-incontinence-devices-market

Immunoglobulin Market: https://www.imarcgroup.com/immunoglobulin-market

Self-service Bi Market: https://www.imarcgroup.com/self-service-bi-market

Human Insulin Market: https://www.imarcgroup.com/human-insulin-market

Aquaculture Market: https://www.imarcgroup.com/aquaculture-market

Veterinary Dental Equipment Market: https://www.imarcgroup.com/veterinary-dental-equipment-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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 to Expand at a CAGR of 8.51% Over 2022-2027 - IMARC Group here

News-ID: 2721405 • Views:

More Releases from IMARC Group

Radar System Market Size, Share, Growth And Forecast Report 2025-2033
Radar System Market Size, Share, Growth And Forecast Report 2025-2033
Radar System Market Overview: The radar system market is experiencing strong growth, driven by increasing demand for advanced surveillance, navigation, and safety solutions across defense, aerospace, automotive, and maritime industries. Radar systems are widely used for detecting objects, tracking movements, monitoring weather conditions, and ensuring security in both military and civilian applications. The rise in geopolitical tensions, rapid adoption of autonomous vehicles, and technological advancements such as phased-array, Doppler, and 3D
Cold Chain Logistics Market Valuation to Reach USD 932.70 Billion by 2033 - Industry Expanding at a CAGR of 12.31%
Cold Chain Logistics Market Valuation to Reach USD 932.70 Billion by 2033 - Indu …
Market Overview: The cold chain logistics market is experiencing remarkable expansion, driven by the growing demand for temperature-sensitive products, rising consumer preference for fresh and frozen foods, and the pharmaceutical industry's need for specialized storage solutions. According to IMARC Group's latest research publication, "Cold Chain Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the global cold chain logistics market size reached USD 292.06 Billion in 2024. Looking
Global Hair Serum Market Size, Share And Trends Report 2025-2033
Global Hair Serum Market Size, Share And Trends Report 2025-2033
Hair Serum Market Overview: The hair serum market is witnessing significant growth, driven by rising consumer awareness of hair care, increasing concerns over hair damage, and growing demand for multifunctional cosmetic products. Hair serums are lightweight, leave-in treatments formulated with active ingredients such as oils, silicones, and vitamins that provide benefits like frizz control, shine enhancement, heat protection, and nourishment. The surge in beauty and personal care spending, the influence of
Fruit Pulp Market Valuation to Reach USD 2.11 Billion by 2033 - Industry Expanding at a CAGR of 3.67%
Fruit Pulp Market Valuation to Reach USD 2.11 Billion by 2033 - Industry Expandi …
Market Overview The fruit pulp market is experiencing robust growth, driven by increasing demand for natural and organic food ingredients, expanding applications in the food and beverage industry, and rising health consciousness among global populations. According to IMARC Group's latest research publication, "Fruit Pulp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the global fruit pulp market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group

All 5 Releases


More Releases for Biosensors

Biosensors Market Analysis by Product (Wearable biosensors and Non- Wearable bio …
According to a new report published by Allied Market Research, titled, "Biosensors Market: Global Opportunity Analysis and Industry Forecast, 2019-2026," The biosensors market was valued at $17,500.0 million in 2018 and is expected to reach $38,600.2 million by 2026, registering a CAGR of 10.4% from 2019 to 2026. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐨𝐮𝐜𝐡𝐞𝐫: https://www.alliedmarketresearch.com/request-sample/1476 Biosensors are medical devices that are primarily used to sense or detect the presence or concentration of biological substances, such
Biosensors Market Analysis Focusing on Top Key Players – Abbott Laboratories, …
Market Study Report adds 2018-2024 Global Biosensors market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more. U.S. biosensors Market was over USD 5.5 billion in 2017. The market growth will be driven by rising prevalence of chronic diseases such as diabetes and cancer that require continuous critical monitoring. Rising usage of portable biosensors
Bioelectronics and Biosensors Market Report 2018: Segmentation by Product (Elect …
Global Bioelectronics and Biosensors market research report provides company profile for Medtronic, Nova Biomedical Corp, LifeSensors, Bayer, Abbott Point of Care, F. Hoffmann-La Roche, AgaMatrix and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.
Wearable Biosensors Market Report 2018: Segmentation by Type (Electrochemical Bi …
Global Wearable Biosensors market research report provides company profile for Robert Bosch, Broadcom, Infineon Technologies, Knowles Electronics, Panasonic, TE Connectivity, Google, Microsoft, SAMSUNG, Apple, VitalConnect, Huawei Technologies, Withings and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Growth of Biosensors Market Forecast to 2024 in a Newly Released Report Profilin …
Market Study Report adds a new Biosensors Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a Steady CAGR to 2024. Biosensors Market will exceed USD 29 billion by 2024; as per a new research report. Increasing prevalence of diabetes has been a major growth factor driving the biosensors industry. Increasing sedentary lifestyle and changing food habits around the world have resulted
Biosensors Market Technology & Segmentations Analysis - Bio-Rad International, B …
This 2018 Biosensors market report provides 2024 forecasts built using statistical analysis while covering data from primary research as well as secondary sources that help gain market insights and provide industry growth expectations. Biosensors Market will exceed USD 29 billion by 2024, U.S. biosensors Market was over USD 5.5 billion in 2017. The market growth will be driven by rising prevalence of chronic diseases such as diabetes and cancer that require