Press release
Biosensors Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Biosensors
What Is the Current Biosensors Market Size and Its Estimated Growth Rate?
The biosensors market size has experienced rapid growth in recent years. It will grow from $34.63 billion in 2024 to $38.77 billion in 2025, at a CAGR of 12.0%. Factors driving this growth include an increased focus on preventive healTH*Care, a rise in chronic diseases, a growing demand for point-of-care diagnostics, and expanding applications in environmental monitoring and food safety.
The biosensors market is projected to grow to $60.24 billion by 2029 at a CAGR of 11.6%. Growth is driven by wearable health devices, rapid diagnostic test demand, data analytics and connectivity advancements, precision medicine initiatives, environmental monitoring, and applications in personalized nutrition and wellness. Trends include wearable biosensor demand, POC testing expansion, AI/ML integration, chronic disease management, biosensors in agriculture, and environmental monitoring.
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How Are Emerging Segments Shaping the Biosensors Market Landscape?
The biosensors market covered in this report is segmented -
1) By Product: Wearable Biosensors, Non-Wearable Biosensors
2) By Technology: Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Nano Mechanical Biosensors, Thermal Biosensors, Other Technologies
3) By Application: Medical, Food Toxicity, Bioreactor, Agriculture, Environment, Other Applications
Subsegments:
1) By Wearable Biosensors: Glucose Monitoring Biosensors, Heart Rate Monitoring Biosensors, Fitness And Activity Monitoring Biosensors, Oxygen Saturation (Spo2) Monitoring Biosensors, Blood Pressure Monitoring Biosensors, Electrochemical Biosensors For Personal Health, Smartwatches With Biosensor Integration
2) By Non-Wearable Biosensors: Point-Of-Care (POC) Biosensors, Lab-On-A-Chip (LOC) Biosensors, Immunosensors, Optical Biosensors, Enzyme-Based Biosensors, Microbial Biosensors, DNA Biosensors, Electrochemical Biosensors For Medical Diagnostics
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Which Growth Factors Are Influencing Biosensors Market Expansion?
The biosensors market is expected to expand due to the rising prevalence of chronic disorders, which are long-term conditions requiring ongoing treatment and management. Factors such as sedentary lifestyles, poor diets, genetic predispositions, and environmental pollutants contribute to the increase in chronic disorders. Biosensors are vital for the early detection and continuous monitoring of chronic conditions. According to The Lancet, global diabetes cases are expected to rise from 529 million in 2021 to 1.3 billion by 2050. This increasing prevalence is driving the growth of the biosensors market.
Who Are the Dominant Players Across Different Biosensors Market Segments?
Major companies operating in the biosensors market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Danaher Corporation, Siemens Healthineers, Becton Dickinson and Company, Agilent Technologies, Illumina Inc., Sartorius AG, BioMérieux SA, Cytiva, PerkinElmer Inc., Sysmex Corporation, Dexcom Inc., Bio-Rad Laboratories, Bruker Corporation, HORIBA Ltd., Lifescan Inc., Nova Biomedical, Bio-Techne Corporation, Sensirion AG, Proteus Digital Health, Acon Laboratories Inc., 908 Devices Inc.
What Are the Major Trends Shaping the Biosensors Market?
Major companies in the biosensors market are focused on developing advanced non-invasive monitoring products like real-time sweat patches for accurate health monitoring. In December 2022, Nix Biosensors launched the Nix Hydration Biosensor, a wearable sweat patch designed for endurance athletes. The patch continuously monitors hydration levels and provides personalized data via an app, helping athletes manage their hydration during physical activity.
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Which Geographic Regions Are Expected to Dominate the Biosensors Market in the Coming Years?
North America was the largest region in the biosensors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biosensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Biosensors Market?
2. What is the CAGR expected in the Biosensors Market?
3. What Are the Key Innovations Transforming the Biosensors Industry?
4. Which Region Is Leading the Biosensors Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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Latest Update "Global Biosensor System Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future.
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A biosensor is an analytical device, used for the detection of a chemical substance, that combines a biological component with a physicochemical detector.
Biosensors owing to their potential to fulfil these criteria through an interdisciplinary combination of approaches from medical science,…
