LONDON, Oct. 18, 2017 /PRNewswire/ -- Report Synopsis
Global Biosensors market is expected to record a robust CAGR of about 9% during the 2017-2022 analysis period and is projected to touch US$25.9 billion by 2022 from an estimated US$16.9 billion in 2017. Electrochemical estimated the largest global Biosensors market by technology with 2017 market stood at US$12 billion while Optical segment is expected the fastest growing Biosensor market worldwide with a CAGR of 10.5% over the same period.
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Point of Care Testing is expected to remain the largest application area for Biosensors reaching a projected US$11.5 billion by 2022 growing at a CAGR of 8.1% between 2017 and 2022. In regional markets, Asia Pacific is expected the fastest growing market witnessing a CAGR of 11.4% for the aforementioned period whereas the North American market is estimated the largest end-user for Biosensors.
Research Findings & Coverage
• Biosensors market is explored in this report with respect to latest prominent technologies and major application areas
• The report exclusively covers the recent key research and development activities in the Biosensors arena
• Technological Advancements in Point-of-Care Testing Further Promotes Growth of Biosensors
• Growing Emergence of Biosensors in Environmental Application
• Safety & Bio-Defense – The Emerging Field of Biosensors
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 65
• The industry guide includes the contact details for 184 companies
Product Outline
The report analyzes the market for the key technologies of Biosensors including:
• Electrochemical
• Optical
• Thermal
• Piezoelectric
Application Areas of Biosensors analyzed comprise the following:
• Home Healthcare
• Point of Care Testing
• Environmental Monitoring
• Research Laboratories
• Process Industry
• Security & Biodefense
Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the worldwide Biosensors market for the period 2014-2022 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2022
Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (Germany, France, The United Kingdom, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India and Rest of Asia-Pacific)
• South America (Brazil, Argentina and Rest of South America)
• Rest of World
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