[ad_1]
May 21, 2021, Dublin (GLOBE NEWSWIRE)- “Biosensor market size, by technology application, end use, share and trend analysis report by region, and market segment forecast, 2021-2028” Report has been added to ResearchAndMarkets.com provide.
By 2028, the global biosensor market is expected to reach 41.8 billion U.S. dollars, and is expected to grow at a compound annual growth rate of 7.9% between 2021 and 2028.
The rising prevalence of chronic diseases such as diabetes and obesity, and the growing demand for early and accurate detection of any related diseases are key drivers of the market.
In addition, the COVID-19 outbreak has greatly stimulated the demand for instant inspection equipment. Due to the global lack of these devices, the FDA is rapidly approving these companies.
For example, in May 2020, Philips obtained 510k FDA approval for its wearable biosensors, which helps manage confirmed and suspected COVID-19 cases in hospitals and promotes biosensor technology and product development.
In addition, the rapid development of technology is expected to be an important factor in market growth during the forecast period. For example, in June 2020, Abbott’s next-generation integrated blood glucose monitoring system FreeStyle Libre 2 was approved by the U.S. FDA. The system is designed to measure diabetes in people aged 4 years and older with optional real-time alerts.
Summary of Biosensor Market Report
- According to the application, by 2020, the medical field will occupy the market with a market share of 66.6%. The device is considered to be an indispensable tool for detecting and monitoring various medical conditions such as diabetes and cancer.
- Based on technology, due to its wide application in biochemical and biological process analysis, the electrochemical field will occupy 70.9% of the market in 2020.
- Due to the high global prevalence of chronic diseases, the family medical diagnosis sector is expected to achieve the fastest growth rate during the forecast period.
- Due to the highly developed medical infrastructure and favorable reimbursement policies in the region, North America will occupy the market with a market share of 39.9% in 2020.
Key topics covered:
Chapter One Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Biosensor Market Variables, Trends and Scope
3.1 Market pedigree outlook
3.1.1 Outlook of the mother market
3.1.2 Auxiliary market outlook
3.2 Penetration rate and growth prospect chart
3.3 List of key end users
3.4 Market dynamics
3.4.1 Analysis of Market Driving Forces
3.4.1.1 Many applications in the medical field
3.4.1.2 The growing population base of diabetes
3.4.1.3 Small diagnostic equipment is in great demand
3.4.1.4 Rapid technological progress
3.4.2 Analysis of Market Constraints
3.4.2.1 High R&D costs
3.4.2.2 Unfavorable government reimbursement policies
3.5 Biosensors: market analysis tools
3.5.1 Industry Analysis-Porter
3.5.2 Pestle analysis
3.5.3 Major transactions and strategic alliances
3.5.3.1 New product release
3.5.3.2 Acquisition
3.5.3.3 Partnership
3.5.4 Market Entry Strategy
Chapter 4 Biosensor Market: Segmentation Analysis, Classification by Technology, 2016-2028 (Million USD)
4.1 Definition and scope
4.2 2020&2028 Technology Market Share Analysis
4.3 segment dashboard
4.4 Global Biosensor Market by Technology, 2016 to 2028
4.5 Market scale and forecast and trend analysis from 2016 to 2028
4.5.1 Heat dissipation
4.5.2 Electrochemistry
4.5.3 Piezoelectric
4.5.4 Optics
Chapter 5 Biosensor Market: Segmentation Analysis, by Application, 2016-2028 (Million USD)
5.1 Definition and scope
5.2 2020&2028 Application Market Share Analysis
5.3 Segment Dashboard
5.4 2016-2028 Global Biosensor Market, by Application
5.5 Market scale and forecast and trend analysis from 2016 to 2028
5.5.1 Medical
5.5.2 Food toxicity
5.5.3 Bioreactor
5.5.4 Agriculture
5.5.5 Environment
Chapter 6 Biosensor Market: Segmentation Analysis, Segmented by End Use, 2016-2028 (Million USD)
6.1 Definition and scope
6.2 2020&2028 end-use market share analysis
6.3-segment dashboard
6.4 The global biosensor market, divided by end use, 2016 to 2028
6.5 Market scale and forecast and trend analysis from 2016 to 2028
6.6.1 Family medical care diagnosis
6.6.2 POC test
6.6.3 Food Industry
6.6.4 Research laboratories
6.6.5 Security and biological defense
Chapter 7 Biosensor Market: Regional Market Analysis, By Technology, Application, End Use, 2016-2028 (Million USD)
Chapter 8 Biosensor Market-Competitive Analysis
- Azure Environmental
- Abbott
- Medtronic
- Biosensor Bv
- Bayer Agriculture
- Cranfield Biotechnology Center
- Pinnacle Technology
- DuPont Biosensor Materials
- Ercon, Inc.
- Eg&Ic Sensors Inc.
- Johnson & Johnson
- Innovative Biosensor Company
- Lifescan, Inc.
- Strategic Diagnostics Corporation
- Sysmex Corporation
- Roche Diagnosis
For more information about this report, please visit https://www.researchandmarkets.com/r/pljopa
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
[ad_2]
Source link
