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Biosensors Market by Type (Sensor patch and embedded device), Product (Wearable and nonwearable), Technology (Electrochemical and optical), Application (POC, Home Diagnostics, Research Lab, Food & Beverages), and Geography - Global Forecast to 2024

Biosensors Market by Type (Sensor patch and embedded device), Product (Wearable and nonwearable), Technology (Electrochemical and optical), Application (POC, Home Diagnostics, Research Lab, Food & Beverages), and Geography - Global Forecast to 2024

“Biosensors market to grow at CAGR of 8.3% from 2019 to 2024”
The biosensors market is estimated to grow from USD 21.2 billion in 2019 to USD 31.5 billion by 2024, at a CAGR of 8.3%. The biosensors market for PoC diagnostics applications is growing at a significant rate due to increasing incidences and prevalence of lifestyle diseases, such as diabetes. However, slow rate of commercialization act as a major restraint for the growth of the market.

“Sensor patch segment to witness highest CAGR during forecast period”
The market for sensor patches is estimated to grow at a higher CAGR during the forecast period. Sensor patches offer unique opportunities for condition/activity monitoring, feedback and actuation/delivery services, such as drug delivery or stimulation, localization, identification, personal contextual notifications, information display, and virtual assistance. In simpler terms, these devices can monitor, document, and augment lives, and they can be used to assist people in specialized professional and personal activities.

“Nonwearable biosensor segment to witness higher CAGR from 2019 to 2024”
Nonwearable biosensor segment to witness a higher CAGR from 2019 to 2024. Nonwearable biosensors offer real-time on-site monitoring of production processes. Apart from on-site monitoring, these biosensors help the food industry in addressing challenges, such as meeting food quality guidelines, by providing analytical accuracy within complex food matrices.

“APAC to witness highest CAGR of biosensors market from 2019 to 2024”
The market in APAC is expected to witness the highest CAGR of the biosensors market during the forecast period. Major factors contributing to the growth of the biosensors market in APAC include the development of healthcare systems and increasing number of lifestyle diseases in the region. The biosensor market in APAC is the amalgamation of a few leading markets, such as China, Japan, and India.

Moreover, the adoption of POC devices in a view to address lifestyles diseases and enhance general health of people has led to the increased use of biosensors. Also, rising glucose levels in individuals with diabetes and increasing demand for disposable, as well as the growing demand for cost-effective user-friendly devices, are the factors driving the growth of the global biosensors market. Furthermore, there are various initiatives taken for food safety in APAC. Food and waterborne pathogens are among the leading causes of illnesses and death in developing economies. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry people. The breakup of the profile of primary participants has been given below:
By Company Type: Tier 1 = 30%, Tier 2 = 38%, and Tier 3 = 32%
By Designation: C-Level Executives = 44%, Directors = 38%, and Others = 18%
By Region: North America = 30%, Europe = 25%, APAC = 26%, and RoW = 19%

F. Hoffman-La Roche Ltd. (Switzerland), Bio-Rad laboratories Inc. (US), Sysmex Corporation (Japan), Nova Biomedical Corp. (US), ACON Laboratories, Inc. (US), Medtronic Inc. (US), LifeScan Inc. (US), LifeSensors Inc. (US), Universal Biosensors Inc. (Australia), Abbott Point of Care Inc. (US), DuPont (US), Pharmaco-Kinesis Corporation (PKC) (US), Biacore (Sweden), and Biosensors International Pte. Ltd. (US) are the major players operating in the biosensors market.

Research Coverage:
Major type in biosensors are embedded device and sensor patch
By product, the biosensors market is segmented into wearable biosensor and nonwearable biosensor
By technology, the biosensors market is segmented into electrochemical biosensor, optical biosensor, piezoelectric biosensor, thermal biosensor, nanomechanical biosensor, and others (ion-sensitive biosensors and resonant biosensors)
By application, the biosensors market is segmented into point of care, home diagnostics, research lab, biodefense, environmental monitoring, and food & beverages
Geographic analysis is done with regard to 4 regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to Buy This Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market ranking analysis of top players, value chain analysis, company profiles, which discuss basic views on competitive landscape, emerging and high-growth segments of biosensors market, and high-growth regions, as well as drivers, restraints, challenges, and opportunities pertaining to the biosensors market.

The report provides insights on the following pointers:
Market penetration: Comprehensive information on biosensors offered by top players in the overall biosensors market
Product development/innovation: Detailed insights regarding R&D activities, emerging technologies, and product launches in the biosensors market
Market development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for biosensors across regions
Market diversification: Exhaustive information about untapped geographies, recent developments, and investments in the overall biosensors market
Competitive assessment: In-depth assessment of market ranking analysis, strategies, products, and manufacturing capabilities of leading players in the biosensors market


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • Table ASSUMPTIONS OF THE STUDY
    • LIMITATIONS
      • Table LIMITATIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHT
    • ATTRACTIVE OPPORTUNITIES IN BIOSENSORS MARKET
    • BIOSENSORS MARKET, BY APPLICATION
    • BIOSENSORS MARKET, BY COUNTRY
    • BIOSENSORS MARKET, BY TECHNOLOGY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
        • Table COUNTRY-BASED POLICY, STANDARDS, AND GUIDELINES
  • BIOSENSORS MARKET, BY TYPE
    • INTRODUCTION
      • Table BIOSENSORS MARKET, BY TYPE, 2016–2024 (USD BILLION)
    • SENSOR PATCH
      • ASSIST PEOPLE IN SPECIALIZED PROFESSIONAL AND PERSONAL ACTIVITIES
    • EMBEDDED DEVICE
      • DETECT A BROAD SPECTRUM OF BIOLOGICAL ANALYTES AND SHOW GREATER RESPONSES AND SUCCESS RATES IN MEDICAL LABORATORIES AND FOOD BIOANALYSES
  • BIOSENSORS MARKET, BY PRODUCT
    • INTRODUCTION
      • Table BIOSENSORS MARKET, BY PRODUCT, 2016–2024 (USD BILLION)
    • WEARABLE BIOSENSORS
      • WRISTWEAR
      • EYEWEAR
      • FOOTWEAR
      • NECKWEAR
      • BODYWEAR
      • OTHERS
    • NONWEARABLE BIOSENSORS
      • OFFER REAL-TIME ON-SITE MONITORING OF PRODUCTION PROCESSES
  • BIOSENSORS MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table BIOSENSORS MARKET, BY TECHNOLOGY, 2016–2024 (USD BILLION)
    • ELECTROCHEMICAL BIOSENSORS
      • Table ELECTROCHEMICAL BIOSENSORS MARKET, BY TECHNOLOGY, 2016–2024 (USD BILLION)
      • Table DIFFERENCES BETWEEN VARIOUS ELECTROCHEMICAL BIOSENSORS
      • AMPEROMETRIC SENSORS
        • Table GLUCOSE SENSORS AND DEVICES APPROVED BY FDA
      • POTENTIOMETRIC SENSORS
      • CONDUCTOMETRIC SENSORS
    • OPTICAL BIOSENSORS
      • Table OPTICAL BIOSENSORS MARKET, BY TECHNOLOGY, 2016–2024 (USD BILLION)
      • SPR
      • COLORIMETRIC BIOSENSORS
      • FLUORESCENCE BIOSENSORS
    • PIEZOELECTRIC BIOSENSORS
      • ACOUSTIC BIOSENSORS
      • MICROCANTILEVER BIOSENSORS
    • THERMAL BIOSENSORS
      • DO NOT REQUIRE FREQUENT RECALIBRATION AND ARE INSENSITIVE TO THE OPTICAL AND ELECTROCHEMICAL PROPERTIES OF THE SAMPLE THE SAMPLE
    • NANOMECHANICAL BIOSENSORS
      • ABILITY TO PERFORM RAPID, SENSITIVE, AND SELECTIVE DETECTION OF BIOLOGICAL AND BIOCHEMICAL ENTITIES
    • OTHERS
  • BIOSENSORS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BIOSENSORS MARKET, BY APPLICATION, 2016–2024 (USD BILLION)
    • POC
      • Table BIOSENSORSMARKET, BY POC APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR POC APPLICATIONS, BY REGION, 2016–2024 (USD BILLION)
      • GLUCOSE MONITORING
        • Table GLUCOSE MONITORING BIOSENSORS MARKET FOR POC APPLICATIONS, BY REGION, 2016–2024 (USD BILLION)
      • CARDIAC MARKER
        • Table BIOSENSORS MARKET FOR CARDIAC MARKERS, BY REGION, 2016–2024 (USD MILLION)
      • INFECTIOUS DISEASE DETECTION
        • Table BIOSENSORS MARKET FOR INFECTIOUS DISEASE DETECTION, BY REGION, 2016–2024 (USD MILLION)
      • COAGULATION MONITORING
        • Table BIOSENSORS MARKET FOR COAGULATION MONITORING, BY REGION, 2016–2024 (USD MILLION)
      • PREGNANCY TESTING
        • Table BIOSENSORS MARKET FOR PREGNANCY TESTING, BY REGION, 2016–2024 (USD MILLION)
      • BLOOD GAS & ELECTROLYTE DETECTION
        • Table BIOSENSORS MARKET FOR BLOOD GAS & ELECTROLYTE DETECTION, BY REGION, 2016–2024 (USD MILLION)
      • TUMOR OR CANCER MARKER
        • Table BIOSENSORS MARKET FOR POC APPLICATIONS OF TUMOR OR CANCER MARKER, BY REGION, 2016–2024 (USD MILLION)
      • URINALYSIS TESTING
        • Table BIOSENSORS MARKET FOR POC APPLICATIONS OF URINALYSIS TESTING, BY REGION, 2016–2024 (USD MILLION)
      • CHOLESTEROL TESTING
        • Table BIOSENSORS MARKET FOR POC APPLICATIONS OF CHOLESTEROL TESTING, BY REGION, 2016–2024 (USD MILLION)
    • HOME DIAGNOSTICS
      • Table BIOSENSORS MARKET FOR HOME DIAGNOSTICS, BY APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR HOME DIAGNOSTICS, BY REGION, 2016–2024 (USD BILLION)
      • GLUCOSE MONITORING
        • Table GLUCOSE MONITORING BIOSENSORS MARKET FOR HOME DIAGNOSTICS, BY REGION, 2016–2024 (USD BILLION)
      • PREGNANCY TESTING
        • Table BIOSENSORS MARKET FOR HOME DIAGNOSTICS FOR PREGNANCY & FERTILITY TESTING, BY REGION, 2016–2024 (USD BILLION)
      • CHOLESTEROL TESTING
        • Table BIOSENSORS MARKET FOR HOME DIAGNOSTICS FOR CHOLESTEROL TESTING, BY REGION, 2016–2024 (USD MILLION)
    • RESEARCH LAB
      • NEED OF BIOSENSORS BASED PRODUCT DEVELOPMENT FOR EARLY MONITORING OF DISEASES
        • Table BIOSENSORS MARKET FOR RESEARCH LAB, BY REGION, 2016–2024 (USD BILLION)
    • BIODEFENSE
      • USE OF BIOSENSORS TO DETECT MICROBIAL PATHOGENS DURING BIOLOGICAL WARFARE
        • Table BIOSENSORS MARKET FOR BIODEFENSE, BY REGION, 2016–2024 (USD MILLION)
    • ENVIRONMENTAL MONITORING
      • DETECTION OF CONTAMINANTS IN COMPLEX MATRICES WITH SEVERAL ADVANTAGES HELPING TO GROW THE MARKET
        • Table BIOSENSORS MARKET FOR ENVIRONMENTAL MONITORING, BY REGION, 2016–2024 (USD BILLION)
    • FOOD & BEVERAGES
      • BIOSENSORS USED FOR PATHOGEN DETECTION AND HELPING TO MEET THE NGENT FOOD STANDARDS
        • Table ENZYME BIOSENSOR FOR DETECTING ORGANIC COMPOUNDS IN FOOD
        • Table BIOSENSORS MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2024 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BIOSENSORS MARKET, BY REGION, 2016–2024 (USD BILLION)
    • NORTH AMERICA
      • Table BIOSENSORS MARKET IN NORTH AMERICA, BY POC APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR POC APPLICATIONS IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN NORTH AMERICA, BY HOME DIAGNOSTICS APPLICATIONS, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR HOME DIAGNOSTICS APPLICATIONS IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR RESEARCH LAB IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR BIODEFENSE IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR ENVIRONMENTAL MONITORING IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR FOOD & BEVERAGES IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • US
        • Table BIOSENSORS MARKET IN US, BY APPLICATION, 2016–2024 (USD BILLION)
      • CANADA
        • Table BIOSENSORS MARKET IN CANADA, BY APPLICATION, 2016–2024 (USD MILLION)
      • MEXICO
        • Table BIOSENSORS MARKET IN MEXICO, BY APPLICATION, 2016–2024 (USD MILLION)
    • EUROPE
      • Table BIOSENSORS MARKET IN EUROPE, BY POC APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET FOR POC APPLICATIONS IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE, BY HOME DIAGNOSTICS APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE FOR HOME DIAGNOSTICS APPLICATIONS, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE FOR RESEARCH LAB, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE FOR BIODEFENSE, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE FOR ENVIRONMENTAL MONITORING, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN EUROPE FOR FOOD & BEVERAGES, BY COUNTRY, 2016–2024 (USD MILLION)
      • GERMANY
        • Table BIOSENSORS MARKET IN GERMANY, BY APPLICATION, 2016–2024 (USD MILLION)
      • FRANCE
        • Table BIOSENSORS MARKET IN FRANCE, BY APPLICATION, 2016–2024 (USD MILLION)
      • UK
        • Table BIOSENSORS MARKET IN UK, BY APPLICATION, 2016–2024 (USD MILLION)
      • ITALY
        • Table BIOSENSORS MARKET IN ITALY, BY APPLICATION, 2016–2024 (USD MILLION)
      • SPAIN
        • Table BIOSENSORS MARKET IN SPAIN, BY APPLICATION, 2016–2024 (USD MILLION)
      • ROE
        • Table BIOSENSORS MARKET IN ROE, BY APPLICATION, 2016–2024 (USD MILLION)
    • APAC
      • Table BIOSENSORS MARKET IN APAC, BY POC APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN APAC FOR POC APPLICATIONS, BY COUNTRY, 2016–2024 (USD BILLION)
      • Table BIOSENSORS MARKET IN APAC, BY HOME DIAGNOSTICS APPLICATION, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN APAC FOR HOME DIAGNOSTICS APPLICATIONS, BY COUNTRY, 2016–2024 (USD BILLION)
      • Table BIOSENSORS MARKET IN APAC FOR RESEARCH LAB, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN APAC FOR BIODEFENSE APPLICATIONS, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN APAC FOR ENVIRONMENTAL MONITORING, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table BIOSENSORS MARKET IN APAC FOR FOOD & BEVERAGES, BY COUNTRY, 2016–2024 (USD BILLION)
      • JAPAN
        • Table BIOSENSORS MARKET IN JAPAN, BY APPLICATION, 2016–2024 (USD MILLION)
      • CHINA
        • Table BIOSENSORS MARKET IN CHINA, BY APPLICATION, 2016–2024 (USD MILLION)
      • INDIA
        • Table BIOSENSORS MARKET IN INDIA, BY APPLICATION, 2016–2024 (USD MILLION)
      • ROAPAC
        • Table BIOSENSORS MARKET IN ROAPAC, BY APPLICATION, 2016–2024 (USD MILLION)
    • ROW
      • Table BIOSENSORS MARKET IN ROW, BY APPLICATION, 2016–2024 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING ANALYSIS – BIOSENSORS MARKET (2017)
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCH (2016–2018)
      • JOINT VENTURES, PARTNERSHIPS, AND COLLABORATIONS
        • Table JOINT VENTURE, PARTNERSHIP, AND COLLABORATION (2016–2018)
      • ACQUISITIONS, AGREEMENTS, AND EXPANSIONS
        • Table ACQUISITION, AGREEMENT, AND EXPANSION (2015–2018)
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • ABBOTT LABORATORIES INC.
      • F. HOFFMAN-LA ROCHE
      • MEDTRONIC
      • UNIVERSAL BIOSENSORS
      • SIEMENS AG
      • LIFESCAN
      • BAYER HEALTHCARE AG
      • BIO-RAD LABORATORIES, INC.
      • DOWDUPONT INC.
      • SYSMEX CORPORATION
      • BIACORE
      • BIOSENSORS INTERNATIONAL PTE. LTD.
      • ERCON INC.
      • LIFESENSORS
      • NOVA BIOMEDICAL
      • ACON LABORATORIES, INC.
      • PHARMACO-KINESIS CORPORATION
    • OTHER COMPANIES
      • NEUROSKY, INC.
      • GRAPHENE FRONTIERS
      • HMICRO INC.
      • XSENSIO SA
      • INNOVATIVE SENSOR TECHNOLOGY IST AG
      • EASTPRINT INCORPORATED
      • PINNACLE TECHNOLOGY
      • OXIRATE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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