The Global Biosensor Market is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The Global Biosensor Market is booming and expected to gain prominence over the forecast period.
The Global Biosensor Market is increasing moderately. Biosensor is devices composed of transducer and biological element for providing analytical information. These devices convert biological response into an electrical response, to recognize the function and structure of various molecules. Biosensors are complicated and effective device capable of fast detection and measuring wide spectrum in various applications. It has various applications in the field of healthcare, industrial process control, military application, environmental monitoring, agriculture and veterinary monitoring. The global biosensor market is growing moderately due to increase in prevalence of diabetic population, rise in geriatric population, increasing demand of POCT, rising prevalence of chronic and lifestyle associated diseases, and increasing application of biosensors in various industries. Biosensor industry is expected to grow at a CAGR of 9.6% from 2014 to 2020.
Key Players for Biosensor Market:
Abbott Laboratories Inc., F. Hoffmann-La Roche Ltd., Bayer Healthcare, Johnson & Johnson, Medtronic, Inc., and Siemens Healthcare, Nova Biomedical Corporation, LifeSensors Inc., TiaDoc Technology Corporation, I-SENCE Inc.
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Biosensor Market has been segmented on the basis of technology which comprises of electrochemical biosensors, optical biosensors, thermal biosensors, piezoelectric biosensors and others. On the basis of end user, the market is segmented into point of care, home diagnostics, research laboratories, food industry, security and biodefense and others. On the basis of application, the market is segmented into medical testing, food toxicity, industrial process, environmental market, agricultural testing and others.
Key Findings:
The key findings of the report “Global Industry Insight: Global Biosensor Market Development and Forecast to 2020” include:
Biosensor Market expected to grow at CAGR of 9.6% during the period 2014-2020
Geographically, North America has the largest share in Global Biosensors Market, while Asia-Pacific has emerged as the fastest growing region
Based on the technology, electrochemical biosensors has the largest market share in the biosensor market
Security and biodefense are the most popular end user in the biosensors market
Regional Analysis of Biosensor Market:
Considering the global scenario of the market, Americas region is believed to be the largest market for biosensor. Moreover the European market is also growing continuously and slowly catching up with the American market. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the biosensor during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.
Table of Content
1 Research Scope And Methodology
2 Executive Summary
3 Market Outlook
4 Global Market Size And Forecasts
5 Global Market Breakdown By Technology
6 Global Market Breakdown By End User
7 Global Market Breakdown By Application
8 Global Market Breakdown By Region
9 Competitive Analysis And Market Share
11 Appendix
…Continued

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