Biosensors are the type of analytical devices, which are used for analytical information with biological samples. Biological recognition unit and transducer are the type of biosensors. Biological recognition unit consist bio- elements such as antibodies, and enzymes. Transducer has ability to change the property of bio-elements into an electrical signal. Low cost, quick results, easy to operate, and portable are the advantages of biosensors. Biosensors are applied in the various sectors such as Medical, food Toxicity detection, Biodefense, and Agriculture.
Increase in prevalence of diabetes, and rise in geriatric population are the major driving factors which expected to boost the global biosensors market growth. For instance, in 2014, according to World Health Organization around 422 million numbers of diabetic patients are dead across worldwide. Furthermore, development of innovative product such as non-invasive biosensors is expected to propel the growth of global biosensors market. In other hand, technological advancements in biosensors will have the positive impact on global biosensors market growth.
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However, Stringent regulatory environment, and safety concerns regarding biosensors are the restraining factor, which is expected to hamper the global biosensors market growth. Also, high cost of research and development activities will affect the global biosensors market growth.
Global Biosensors Market Segmentation
Global Biosensors Market is segmented into technology such as Thermal, Electrochemical, Piezoelectric, and Optical, by application such as Medical, Food Toxicity Detection, Biodefense, Agriculture, Bioreactor, and Others. Further, Global Biosensors Market is segmented into end user such as Home healthcare diagnostics, PoC Testing, Food Industry, Research and Development Laboratories, and Others.
Also, Global Biosensors Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Global Biosensors Market Key Competitors
Various key competitors are discussed in this report such as
- AZUR Environmental,
- Abbott Laboratories,
- Biosensor BV,
- Bayer AG,
- Cranfield Biotechnology Centre,
- Pinnacle Technologies Inc.,
- EG and IC Sensors Inc.,
- QTL Biosystems, and
- Roche Diagnostics.
Global Biosensors Market Taxonomy
- Food Toxicity Detection
By End User
- Home healthcare diagnostics
- PoC Testing
- Food Industry
- Research and Development Laboratories
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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Research Support Specialist
6060 N Central Expy #500, TX 75204, U.S.A