Global Biosensor Sales to Exceed $4 Billion by 2009

May 09, 2006, 01:00 ET from Kalorama Information

    NEW YORK, May 9 /PRNewswire/ -- As rapid technological advances, such
 as microfabrication and miniaturization are enabling biosensors to begin to
 penetrate developing countries, steady growth in the U.S., EU, China, and
 India will continue to help boost overall worldwide sales by 9.5% to exceed
 $4 billion by 2009.
     According to Medical and Biological Sensors and Sensor Systems:
 Markets, Applications, and Competition Worldwide, a new study released
 today from Kalorama Information, 2005 revenues for biosensors reached $2.9
 billion, with medical applications making up the lion's share of sales.
 However, with strong growth in the biodefense and environmental fields as
 well as industrial control applications, the market is beginning to shift
 as biosensors become a preferred means of quick and accurate analysis.
     Indeed, during the last four years, the direction of biosensor R&D
 significantly changed in response to new biotechnology innovations in
 biocomplimentary chemistry, surface characterization, molecular markers,
 and nanotechnology leading to increased applications in a variety of
     Success, however, is not based solely on innovation and technology, and
 commercialization for the chemical, bioprocessing, and clinical diagnostic
 industries is limited in comparison to the impressive number of research
     "Biosensors are expensive, whether you're a developer or an end-user.
 It can take five years and cost $40 million to bring a medical sensor to
 the marketplace, a timeline and cost factor which can easily put sensor
 developers out of business," notes James P. Smith, Ph.D., the report's
 author. "Mass market appeal is what can turn a biosensor into an overnight
 sensation or leave it abandoned in a research lab. For example, blood
 glucose biosensors, which make up more than 80% of the medical biosensors
 market, are a success story that no other sensor has rivaled."
     Fully updated from the ground up, this 2nd Edition of Medical and
 Biological Sensors and Sensor Systems provides an in-depth look at global
 technology and research trends and issues in current and emerging sensor
 markets with market data segmented by geographical region, application, and
 specific measurement. It can be purchased directly from Kalorama
 Information by clicking It is also available
     About Kalorama Information
     Kalorama Information, a division of, supplies the
 latest in independent market research for the life sciences. For more
 information, contact Tom Ehart at 240-747-3014 or, or visit

SOURCE Kalorama Information