DUBLIN, March 13, 2023 /PRNewswire/ — The “Biosensors Market Size, Share & Trends Analysis Report By Technology (Thermal, Optical), By Application (Medical, Food Toxicity), By End-user (Home Healthcare Diagnostics, POC Testing), And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The global biosensors market size is anticipated to reach USD 49.8 billion by 2030, registering a CAGR of 8.0% over the forecast period.
The key factors driving the industry growth include various applications in the healthcare/medical sector, increasing demand in the bioprocessing industry, and rapid technological advancements in drug screening due to the COVID-19 pandemic. Moreover, the pandemic led to the rapid expansion of the biosensor industry due to an increase in the number of hospitals worldwide.
Over the forecast period, technological advancements are expected to be significant growth drivers for the industry. For example, in January 2022, a U.S. medical device manufacturer, Abbott, launched a universal consumer wearable device with biosensors. The company announced the development of a new line of consumer biometric wearable devices called Lingo, designed for more general fitness and wellness purposes. In addition, increasing demand for biosensors and bioreactors for new drug development is likely to lead to industry expansion in the near future due to improved biosensor technology.
Biosensors Market Report Highlights
- The electrochemical biosensors technology segment accounted for the largest revenue share in 2022
- The segment is anticipated to witness significant growth over the forecast period owing to the widespread applications for analysis & quantification in biochemical and biological processes
- Based on the application, the medical segment dominated the industry in 2022. This device is considered an essential tool in the monitoring and detection of a wide range of medical conditions, such as cancer and diabetes
- Middle East & Africa is expected to witness the fastest growth rate over the forecast period
- This is owing to a rise in research & development activities and constantly improving healthcare facilities in the region
Key Topics Covered:
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 Biosensors Market Variables, Trends & Scope
Chapter 4 Biosensors Market: Segment Analysis, By Technology, 2018 – 2030 (USD Million And Volume Unit)
4.1 Definition And Scope
4.2 Technology Market Share Analysis, 2022 & 2030
4.3 Segment Dashboard
4.4 Global Biosensors Market, By Technology, 2018 To 2030
4.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
Chapter 5 Biosensors Market: Segment Analysis, By Application, 2018 – 2030 (USD Million And Volume Unit)
5.1 Definition And Scope
5.2 Application Market Share Analysis, 2022 & 2030
5.3 Segment Dashboard
5.4 Global Biosensors Market, By Application, 2018 To 2030
5.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
18.104.22.168 Blood Glucose
22.214.171.124 Pregnancy Testing
126.96.36.199. Drug Discovery
188.8.131.52 Infectious Disease
5.5.2 Food Toxicity
Chapter 6 Biosensors Market: Segment Analysis, By End-User, 2018 – 2030 (USD Million And Volume Unit)
6.1 Definition And Scope
6.2 Application Market Share Analysis, 2022 & 2030
6.3 Segment Dashboard
6.4 Global Biosensors Market, By End-User, 2018 To 2030
6.5 Market Size & Forecasts And Trend Analyses, 2018 To 2030
6.5.1 Home Healthcare Diagnostics
6.5.2 PoC Testing
6.5.3 Food Industry
6.5.4 Research Laboratories
6.5.5 Security & Bio-Defense
Chapter 7 Biosensors Market: Regional Market Analysis, By Technology, By Application, And By End Use, 2018 – 2030 (USD Million And Volume Unit)
Chapter 8 Biosensors Market – Competitive Analysis
- Bio-Rad Laboratories Inc.
- Abbott Laboratories
- Biosensors International Group, Ltd.
- Pinnacle Technologies Inc.
- Ercon, Inc.
- Dupont Biosensor Materials
- Johnson & Johnson
- Koninklijke Philips N.V.
- Lifescan, Inc.
- Qtl Biodetection LLC.
- Molecular Devices Corporation
- Nova Biomedical
- Molex LLC
- Tdk Corporation
- Zimmer & Peacock As
- Siemens Healthcare
For more information about this report visit https://www.researchandmarkets.com/r/a6jgy3
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Originally published at https://www.prnewswire.com/news-releases/biosensors-global-market-report-2023-sector-to-reach-49-8-billion-by-2030-at-an-8-cagr-301770425.html