Biosensors - A Global Market Overview

Industry Experts
March 13, 2012
232 Pages - SKU: IDXP3806506
Countries covered: Global

Biosensors - A Global Market Overview


`An increase in the number of applications for biosensors developed or being developed has ensured that this technology follows a growth curve, leading to standardization of equipment, type of biomolecule, and test processes in the areas of drug discovery, biodefense, environmental monitoring, and narcotic detection. These technological developments portray a healthy trend for up-and-coming markets, while in the case of existing markets with a high proportion of application, biosensors would continue to be employed for newer end uses, such as automotive and aerospace. The continual research and development efforts being undertaken would go a long way in making sure that biosensor technology would continue to evolve as the years come, with faster, more specific and high specialty applications.

Inline to the above mentioned trend, the growth for biosensors market is robust in emerging markets in Asia-Pacific with 11% CAGR (2008-2018) closely followed by 10.7% in highly developed market of the United States. Europe is the second largest, in terms of value, after the US with an estimated $2.6 billion in 2012. This report reviews, analyses and projects the Biosensors market for global and the regional markets including the United States, Europe, Japan, Asia-Pacific and Rest of World. The regional markets further analyzed for 4 more independent countries in Europe – Germany, France, United Kingdom and Italy.

Market for Biosensors application areas analyzed in this study includes Point-of-Care Testing, Home Diagnostics, Environmental Monitoring, Research Laboratories, Process Industry and Security & Biodefense. The report analyses the global market in terms of USD Million. The global market for Biosensors in 2012 is esmated to touch US$8.5 billion and projected to reach US$16.8 billion by 2018.

This 232 page global market report includes 53 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region and biosensors application area. 39 key global players and 52 major players across the United States – 36; Europe – 13; Japan – 1; and Asia-Pacific – 2. The report also provides the listing of the companies engaged in research and development, equipment manufacturing, supplies and distribution of biosensors. The global list covers the addresses, contact numbers and the website addresses of 225 companies.

Additional Information

Report Excerpt

Traditionally, magnetism is a physical property that has been linked to metals such as iron, nickel and cobalt. Despite this, over the recent past, researchers have been perplexed with weak signs of magnetism as displayed by graphite, an organic mineral that comprises stacks of individual carbon sheets. The quest for enlightenment of this strange property of graphite has had its fair share of controversies, with each research group putting forward its own theories. The latest evocation has been proposed in the EPL (Europhysics Letters) journal by a research group from the University of Manchester that includes a Nobel prize-winning scientist.

This group has established that magnetism in several commercially available graphite crystals boils down to micron-sized clusters principally comprising iron, which would be extremely intricate in detection but for using appropriate instruments in a specific method. Determining a technique to enhance graphite’s magnetic properties would be of immense help in using it as a biocompatible magnet in the medical and biological fields as an efficient biosensor.

To achieve this, the researchers have initially cut up a piece of commercially-available graphite into four sections, measuring the magnetization of each piece. Much to their amazement, the researchers observed sizeable deviations in the magnetism of each sample, enabling them to reason out that external factors, such as small impurities of another material, were the cause of this magnetic response.

Confirmation of this theory was carried out by deeply examining the structure of the samples with a scanning electron microscope (SEM), an extremely powerful microscope capable of imaging samples by scanning them with a beam of electrons, with the result showing the presence of unusually heavy particles positioned deep under the surface. Using a technique called X-ray microanalysis, a major chunk of these particles was validated as iron and titanium. The presence of oxygen, too, meant that the particles were either magnetite or titanomagnetite, both of which are magnetic.

Further research has revealed as to how many magnetic particles would be required and how far apart would they be needed to be spaced so as to create the originally observed magnetism. Experimental observations have clarified the group’s estimations, implying that the visualized magnetic particles could justify the sample’s entire magnetic signal. If creating and controlling magnetism in an organic carbon-based material, such as graphene, could be ascertained, this would constiitute a major step forward in the fields of sensors and spintronics.

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