Biosensors in Asia-Pacific
Summary
Biosensors in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Biosensors are devices used to test the presence of biological material like microorganisms (such as bacteria, viruses, rickettsia, parasites, or fungi). They are frequently used in the healthcare sector to detect, recognize, and monitor a range of human disorders. Market value represents the revenue generated by market players in a specific year.
- The Asia-Pacific biosensors market recorded revenues of $4.6 billion in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
- The point of care (POC) segment accounted for the market's largest proportion in 2023, with total revenues of $2.5 billion, equivalent to 54.0% of the market's overall value.
- In 2023, the Asia-Pacific biosensors market recorded an annual growth of 6.5%. The growth is attributed to the continuously aging population in countries such as China and Japan, and rising cases of chronic conditions such as heart disease, arthritis, and others.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biosensors market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biosensors market in Asia-Pacific
- Leading company profiles reveal details of key biosensors market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific biosensors market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific biosensors market by value in 2023?
- What will be the size of the Asia-Pacific biosensors market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific biosensors market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's biosensors market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Omron Corp
- 8.2. Sinocare Inc
- 8.3. Biosensors International Group Ltd
- 8.4. Universal Biosensors Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Asia-Pacific biosensors market value: $ million, 2018-23
- Table 2: Asia-Pacific biosensors market category segmentation: % share, by value, 2018-23
- Table 3: Asia-Pacific biosensors market category segmentation: $ million, 2018-23
- Table 4: Asia-Pacific biosensors market geography segmentation: $ million, 2023
- Table 5: Asia-Pacific biosensors market value forecast: $ million, 2023-28
- Table 6: Omron Corp: key facts
- Table 7: Omron Corp: annual financial ratios
- Table 8: Omron Corp: key employees
- Table 9: Omron Corp: key employees Continued
- Table 10: Omron Corp: key employees Continued
- Table 11: Sinocare Inc: key facts
- Table 12: Sinocare Inc: annual financial ratios
- Table 13: Sinocare Inc: key employees
- Table 14: Biosensors International Group Ltd: key facts
- Table 15: Biosensors International Group Ltd: key employees
- Table 16: Universal Biosensors Inc: key facts
- Table 17: Universal Biosensors Inc: annual financial ratios
- Table 18: Universal Biosensors Inc: key employees
- Table 19: Asia-Pacific exchange rate, 2018-23
- List of Figures
- Figure 1: Asia-Pacific biosensors market value: $ million, 2018-23
- Figure 2: Asia-Pacific biosensors market category segmentation: $ million, 2018-23
- Figure 3: Asia-Pacific biosensors market geography segmentation: % share, by value, 2023
- Figure 4: Asia-Pacific biosensors market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the biosensors market in Asia-Pacific, 2023
- Figure 6: Drivers of buyer power in the biosensors market in Asia-Pacific, 2023
- Figure 7: Drivers of supplier power in the biosensors market in Asia-Pacific, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the biosensors market in Asia-Pacific, 2023
- Figure 9: Factors influencing the threat of substitutes in the biosensors market in Asia-Pacific, 2023
- Figure 10: Drivers of degree of rivalry in the biosensors market in Asia-Pacific, 2023
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