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Biosensor PDF
Biosensor PDF
The report uses detailed primary and secondary information to provide a comprehensive overview of
the global biosensors market, and includes detailed information about the market’s segmentation and
competitive landscape to provide readers with a clear view of the market’s granular structure.
The global biosensors market is expected to grow at a solid CAGR of 9.6% from 2014 to 2020.Biosensors
are devices used to track and monitor a particular biological parameter of the user’s health.
Biosensors track the biological reactions going on inside the user’s body and convert certain
predetermined markers into an electrical signal, acting as a warning system for the specific type of
biomarker.
Biosensors are complicated devices and are also widely used in areas other than personal health
tracking, including environmental monitoring and agriculture. However, the rising demand for
biosensors from the healthcare sector is likely to remain the major driver for the global biosensors
market over the forecast period.
Developing biosensors capable of instant diagnosis is likely to be a major avenue for players in the global
biosensors market over the forecast period.
The growing prevalence of diabetes and other chronic lifestyle conditions is likely to be a major driver
for the global biosensors market over the forecast period. These conditions require continuous tracking
and instant alerting in case of any deviation from the healthy biological pattern, which is a perfectly
suited application for biosensors.
The growing geriatric population is also likely to be a major driver for the global biosensors market, as
the geriatric demographic prefers comfortable and convenient medical devices that can be used with
minimum fuss.
The rising demand for point of care testing, along with the growth of the geriatric demographic, is also
likely to be a major driver for the biosensors market over the forecast period.
The global biosensors market is segmented on the basis of end user, technology, application, and region.
On the basis of end use, the global biosensors market is segmented into point of care testing, home
diagnostics, research laboratories, the food industry, security and biodefense, and others.
On the basis of application, the global biosensors market is segmented into medical testing, food
toxicity, industrial processes, the environmental market, agricultural testing, and others.
On the basis of technology, the global biosensors market is segmented into electrochemical biosensors,
optical biosensors, thermal biosensors, piezoelectric biosensors, and others. Optical biosensors held a
dominant share in the global biosensors market in 2013 and are likely to remain the leading contributor
to the global biosensors market over the forecast period.
Regional Analysis
The global biosensors market is segmented into the Americas, Europe, Asia Pacific, and the Middle East
and Africa.
The Americas is likely to remain the major regional segment of the global biosensors market over the
forecast period, due mainly to the leading role of the U.S. in the global biosensors market.
The growing prevalence of chronic lifestyle diseases such as diabetes in the U.S. is likely to be a major
driver for the global biosensors market over the forecast period. The high development rate of the
healthcare sector in North America is also likely to be a major driver for the biosensors market in the
Americas, as several key players in the healthcare sector are located in the region and are likely to come
up with innovations in the biosensors market in the coming years.
Asia Pacific is expected to exhibit the highest rate of growth in the global biosensors market thanks to
the growing healthcare sector in the emerging countries in the region as well as the growing prevalence
of diabetes and other chronic disorders.
Competitive Analysis
Leading players in the global biosensors market include Abbott Laboratories Inc., Bayer Healthcare,
Medtronic Inc., Nova Biomedical Corporation, TiaDoc Technology Corporation, I-SENCE Inc., LifeSensors
Inc., Siemens Healthcare, Johnson & Johnson, and F. Hoffman-La Roche Ltd.
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