Global Biosensor Market Plying for Significant Growth during 2017 – 2020

Global biosensor Market to grow at a CAGR of 9.7 % during the forecasted period 2015-2020. Electrochemical commands the largest market share of 77.1 % of Global biosensors market. The market for Electrochemical was valued at USD 11,966.5 million in 2016 and expected to reach at USD 17,344.3 million by 2020.

Biosensors are the devices which uses the biological organism especially enzyme for the detection of the chemical into the samples. This is the most reliable technique for the diagnosis and monitoring of the different diseases. Increasing prevalence of diabetic population has led to increases the biosensors market across the globe. The major driving factor for this market is increasing prevalence of different diseases which has increases the demand for the market of different diagnostic testing. Beside this easy to handle and cost effective devices and procedure has provided a push for the development of the market.

Global biosensors market is segmented on the basis of technology into electrochemical, thermal, optical and piezoelectric. Electrochemical biosensors commands the largest market of for the global biosensors.  This are analytical devices used to provide analytical information of biological samples like tissues, enzymes and whole cell, to an electrical signal. It is cost effective, user friendly, simple, disposable and convenient.

Global biosensors market on the basis of technology is growing rapidly. Electrochemical biosensors segment accounted for the largest market share in 2016 which is expected to reach USD 17,344.3 million by 2020 from USD 11,966.5 million in 2016. Optical biosensors segment is the fastest growing segment, which is growing at the fastest CAGR of 10.8 % during the forecast period from 2016 – 2020.

North America accounted for the largest market share biosensors market for technology, registering USD 6,673.80 million in 2016 and expected to reach at USD 9,394.60 million by 2020. North America captured the largest market share of 43 % in the global biosensors market. Asia-Pacific region is the fastest growing region which is expected to grow at a CAGR of 10.8 % during forecasted period from 2016-2020.

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Global biosensors market statistical report published by Market Research future contains a brief overview of Global biosensors market. Electrochemical commands the largest share and is expected to grow continuously during the forecasted period of 2015-2020. The report analyzed the global kidney stone market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2020.

Market Research future through this report aims to provide understanding of the Global biosensors market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global biosensor market.

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List of Tables

 TABLE 1        Global electrochemical biosensors market breakdown by region, $m (2011 – 2014)

TABLE 1        Global electrochemical biosensors market breakdown by region, $m (2015 – 2020)

TABLE 2        Global optical biosensors market breakdown by region, $m (2011 – 2014)

TABLE 3        Global optical biosensors market breakdown by region, $m (2015 – 2020)

TABLE 4        Global thermal biosensors market breakdown by region, $m (2011 – 2014)

TABLE 5        Global thermal biosensors market breakdown by region, $m (2015 – 2020)

TABLE 6        Global piezoelectric biosensor market breakdown by region, $m (2011 – 2014)

TABLE 7        Global piezoelectric biosensor market breakdown by region, $m (2015 – 2020)

 List of Figures

FIGURE 1      Global biosensor market share by technology (2014)

FIGURE 2      global electrochemical biosensors market share by region (2014)

FIGURE 3      Global electrochemical biosensors market breakdown by region, $m (2015 & 2020)

FIGURE 4      Global optical biosensors market share by region (2014)

FIGURE 5      Global optical biosensors market breakdown by region, $m (2015 & 2020)

FIGURE 6      global thermal biosensors market share by region (2014)

FIGURE 7      Global thermal biosensors market breakdown by region, $m (2015 & 2020)

FIGURE 8      global piezoelectric biosensors market share by region (2014)

FIGURE 9      Global piezoelectric biosensor market breakdown by region, $m (2015 & 2020)

 

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