openPR Logo
Press release

Biosensors market is predicted to progress from US$12.4 bn in 2013 to US$21.6 bn by 2020.

Biosensors market is predicted to progress from US$12.4 bn

Transparency Market Research has published a new report on the global biosensors market. As per the report, the global biosensors market is predicted to expand at an 8.10% CAGR during the period from 2014 to 2020. The report, titled ‘Biosensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,’ states that the global biosensors market is predicted to progress from US$12.4 bn in 2013 to US$21.6 bn by 2020.

Lately, biosensors have emerged as the most important analytical tool used for the discovery of an analyte by using a physicochemical detector. Traditional lab techniques yield accurate measurements but they are time-consuming, expensive, complex, and also may require pre-treatment of the sample. Thus, traditional laboratory techniques are being replaced by biosensor-based devices. The growing application of biosensors across numerous fields such as medical diagnosis, drug development, environmental monitoring, and food safety is expected to drive the global biosensors market during the period from 2014 to 2020.

Request to View Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1272

The global biosensors market has seen many advancements and improvements in biosensor instrumentation. The increasing applications of nanotechnology are another factor expected to contribute towards the growth of the global market for biosensors in the years to come. Currently, biosensor devices are primarily used to detect cancer among people. The global biosensors market is segmented on the basis of region, technology, application, and end use. By technology, the global biosensor market is classified into electrochemical, optimal, piezoelectric, and thermal biosensors. In 2013, the global biosensors market was dominated by the electrochemical biosensors segment. The electrochemical biosensors segment accounted for 70% of the global biosensors market in 2013 and is expected to maintain its dominant position in the years to come.

The optical biosensors segment is expected to expand at an 8.0% CAGR during the period from 2014 to 2020. Factors such as the increasing need for rapid monitoring and screening pollutants and the growing use of portable diagnostic devices for early detection and monitoring of numerous chronic diseases are expected to propel the demand for the optical biosensors in the coming few years.

Based on region, the global biosensors market is divided into Asia Pacific, Europe, North America, and Rest of the World. In 2013, the global biosensors market was dominated by North America, followed by Asia Pacific. In 2013, the North America biosensors market accounted for 35% of the global biosensors market. The Asia Pacific biosensors market is predicted to expand at a 9.50% CAGR during the period between 2014 and 2020.

Some of the leading companies in the global biosensors market are Abbott Point of Care, Inc., LifeScan, Inc., AgaMatrix, Inc., LifeSensors, Inc., Nova Biomedical Corporation, Medtronic, Inc., F. Hoffmann-La Roche Ltd., Animas Corporation, and Siemens Healthcare. Based on end use, the global biosensors market is classified into point of care testing, home healthcare diagnostics, research laboratories, food industry, and security and bio-defense.

Read Report Overview @ https://www.transparencymarketresearch.com/biosensors-market.html

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
State Tower
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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 is predicted to progress from US$12.4 bn in 2013 to US$21.6 bn by 2020. here

News-ID: 835541 • Views: 90

More Releases from Transparency Market Research

Pad Printing Machine Market - Provides Veritable Information on Size, Growth Tre …
Pad Printing Machine Market: An Overview Need for an effective printing machine which can lay down simple one colored image or complex multicolor graphics to about every object helped in the introduction of pad printing machine. It is used to transfer a 2-D image via a silicon padon to a 3-D object on any type of surface like flat, spherical, irregular or cylindrical. Pad printing machine also prints photos or other
Varnished Cambric Tape Market - Company Strategy, Product Portfolio and Recent D …
Varnished cambric tape Market: An Overview The growth of renewable power generation will be an elementary factor to push the demand for the electrical wires and cables market across the globe, the countries are focusing more on power generation through renewable resources available in comparison with conventional (coal, thermal, etc.) power generation methodology, the transmission and distribution of electrical infrastructure is not only required to be completely developed in developed economies
Hip Flask Market | Reporting and Evaluation of Recent Industry Developments & Bu …
Hip Flask Market: An Overview Similar to the mobile, the hip flask started to appear in the form it was recognized today in the 18th century, the primarily hip flask was mainly used by the well-born people of high social class especially in the past. Initially, the hip flask was made of malleable metal alloy (Pewter), silver, gold, copper, and glass, but nowadays hip flask is also available in stainless steel
Cargo Pit Tape Market - Research Forecast, Revenue Opportunities And Sales Volum …
Cargo Pit Tape Market: An Overview The most important element in packaging is quality of adhesive to be used in packaged items to maintain the same quality throughout the supply chain till the time it reaches the destination safely. There are many types of packaging tapes available in the market with different applications. Polypropylene Tape: it’s economical, durable, and reliable and resistant to breaking or tearing during the shipping. Printed Fragile Tape: It

All 5 Releases


More Releases for US$12

Clutch Market | Globally Worth US$ 12 Bn by 2026
This report analyzes and forecasts the market for automotive clutch at the global and regional level. The market has been forecast, based on revenue (US$ Mn) and volume (million units), from 2018 to 2026. The study includes drivers and restraints of the Global Clutch Market for automotive. It also covers the impact of these drivers and restraints on the demand for automotive clutch during the forecast period. The report also
Mineral Salt Ingredients Market Worth US$ 12 Bn in 2026
Owing to increasing awareness regarding health issues associated with less intake of essential nutrients, the demand for mineral salt ingredients is expected to rise steadily in the coming period. Not only consumption, but scope of mineral salt ingredients is also expected to reach cosmetic industry, agriculture, pharmaceuticals and infant formula, to name a few application areas. Persistence Market Research has come up with an extensive revised research report on global mineral salt
Iv Equipment Market to Exceed US$ 12 Bn in 2022
Rising cases of needle stick injuries, the shift in demand towards ambulatory surgical centers and fusion pumps, and a greater number of surgical procedures performed are poised to benefit the IV equipment market. Furthermore, a prevalence of chronic diseases in an ageing population in developed nations are positive signs for the IV equipment market. However, lack of wireless connectivity, regulatory mandates for new product launches and increasing cases of medication errors
K-12 Technology Spend in the US 2015-2019
"K-12 Technology Spend in the US 2015-2019" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- -- About K-12 technology spending Technology driven education system comprises information, resources, and professional development opportunities to support schools in imparting education to the students in a digitally rich environment. The primary objective of technology in education is to transform traditional teaching methodologies to enhance learning and improve the
By 2025, Home Security Solutions Market Worth US$ 12 Billion
The global home security products and solutions market has been segmented on the basis of Technology and Services into Fire Protection Systems, Video Surveillance Systems, Access Control Systems, and Services; and on the basis of Region into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/home-security-products-and-solutions-market.asp In 2016, the Fire Protection Systems segment was valued at US$ 0 Mn and is projected to reach
E – Clinical Solutions Market Worth US$ 12 Billion by 2024
New York, January 30: Market Research Engine has published a new report titled as “E-Clinical Solutions Market By Product Analysis; By Delivery mode Analysis; By Clinical Trial phase Analysis; By End-user Analysis and By Regional Analysis – Global Forecast by 2016 – 2024”. How Big is the Global E Clinical Solutions Market? The Global E Clinical Solutions Market is expected to exceed more than US$ 12 billion by 2024 and will grow