Biosensor Market Analysis

  • Report ID: 5832
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Biosensor Market Analysis

Technology (Electrochemical, Optical, Piezoelectric, Thermal, Nanomechanical)

The electrochemical segment is predicted to account for 73% share of the global biosensors market by 2037. owing to the growing usage in point-of-care diagnosis. The discipline of point-of-care (POC) sensing is one of the most promising and emerging areas in identifying and measuring health indicators, as a result of which medical biosensors have been growing in importance.

One common type of sensing device that converts biological events into electrical impulses is the electrochemical biosensor which provides a means of directly sending a biological change variation to a signal that is being monitored, allowing for an examination of the contents of any organic material. To identify biomarkers in the field of clinical diagnosis, electrochemical biosensors are particularly important in the development of quick and point-of-care diagnostic systems for important analytes, including glucose, lactic acid, cholesterol, uric acid, blood ketones, hemoglobin, neurotransmitters, amino acids, soluble gases, and immunoglobulin.

Application (Medical, Food Toxicity, Bioreactor, Agriculture, Environment)

The medical electronics segment in biosensors market is set to garner a notable share shortly. Biosensors offer efficient tools for the early detection and diagnosis of a wide range of diseases, including cancer enabling early detection, personalized treatment, and improved prognosis. Biosensors for infectious disease diagnosis enable the detection of pathogens such as viruses, bacteria, and parasites, facilitating timely intervention and infection control measures.

Biosensors integrated into wearable devices enable continuous monitoring to provide valuable insights into patient health. Wearable sensors can track parameters such as heart rate, blood pressure, oxygen saturation, and temperature, to offer personalized health metrics and to improve disease management and quality of life for patients.

Furthermore, biosensors play a crucial role in drug discovery, development, and therapeutic monitoring by facilitating the evaluation of drug efficacy, toxicity, pharmacokinetics, and pharmacodynamics in preclinical and clinical settings. These devices enable researchers to assess biomolecular interactions, receptor-ligand binding kinetics, enzyme activities, and drug concentrations with high sensitivity and specificity.

Our in-depth analysis of the global biosensors market includes the following segments:

          Application

  • Medical
  •  Food Toxicity
  •  Bioreactor
  •  Agriculture
  •  Environment

          End-User

  • Home Healthcare Diagnostics
  •  POC Testing
  •  Food Industry
  •  Research Laboratories
  •  Security and Bio-Defense

          Technology

  • Electrochemical
  •  Optical
  •  Piezoelectric
  •  Thermal
  •  Nanomechanical

          Product

  • Wearable Biosensors
  • Non-wearable Biosensors
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 5832
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of biosensors is evaluated at USD 33.37 billion.

Biosensors Market size was valued at USD 31.41 billion in 2024 and is expected to exceed USD 83.39 billion by the end of 2037, registering over 7.8% CAGR during the forecast period i.e., between 2025-2037. The increasing wearable technology industry across the globe and the growing advancements in biosensor technology will drive the market growth.

North America industry is predicted to hold largest revenue share of 40% by 2037, impelled by growing food and beverage industry in the region.

The major players in the market are Biosensors International Group, Ltd., Pinnacle Technologies Inc., Ercon, Inc., Nova Biomedical, Molex LLC, TDK Corp., Bio-Rad Laboratories Inc., Medtronic, Abbott Laboratories, Zimmer & Peacock AS, Siemens Healthcare, and others.
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