Biosensor, an analytical tool, is used to get analytical data using biological samples. These are consist of a biological recognition unit and transducer. The biological recognition unit interacts with enzymes and antibodies, whereas the transducer twists the property of bio-elements like enzymes and antibodies into an electrical signal. Biosensors have variety of applications such as Medicine, food toxicity detection, Agriculture and Biodefense. Biosensors are easy to operate, gives quick results, portable and available at low-price which led to the rapid adoption of Biosensors in fields like medicine, agriculture and environment monitoring. Biosensors have different types such as electrochemical, light addressable potentiometric, resonant mirror, and surface plasmon resonance.
MARKET DYNAMICS
The increase in demand of point-of-care diagnostics, rising prevalence of diabetes and increasing geriatric populations, are the key factors driving the global biosensors market. The advancement in the field of nanotechnology will also push the biosensors market forward in near future. This has created numerous opportunities for new as well as existing players in the market. However the stringent regulatory environment, rising safety concerns regarding biosensors in research laboratories, point of care testing, home healthcare diagnosis and bio-defense are few factors may restraint the market in the forecasted period.
MARKET SCOPE
The "Global Biosensors Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of Biosensors market with detailed market segmentation by technology, application, and geography. The global Biosensors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Biosensors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Biosensors market is segmented on the technology, and application. On the basis of technology, the global Biosensors market is segmented into electrochemical biosensors, piezoelectric biosensors, optical biosensors, thermal biosensors and nanomechanical biosensors. On the basis of application, the market is segmented into point-of-care, home diagnostics, research labs, security & biodefense, environmental monitoring, food & beverage industry and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Biosensors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Biosensors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Biosensors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Biosensors market in these regions.
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MARKET PLAYERSThe reports cover key developments in the Biosensors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Biosensors market are anticipated to lucrative growth opportunities in the future with the rising demand for Biosensors in the global market. Below mentioned is the list of few companies engaged in the Biosensors market.
The report also includes the profiles of key Biosensors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Abbott Point of Care Inc.
-Medtronic Inc.
-F. Hoffman La-Roche Ltd.
-Siemens Healthcare AG
-Lifescan, Inc.
-Nova Biomedical Corp.
-Universal Biosensors
-Bayer Healthcare AG
-Johnson and Johnson
-Biosensor BV
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