Biosensors in South America industry profile provides top-line qualitative and quantitative summary information including: 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 South American biosensors market recorded revenues of $2.9 billion in 2023, representing a compound annual growth rate (CAGR) of 6.7% between 2018 and 2023.
The point of care (POC) segment accounted for the market's largest proportion in 2023, with total revenues of $1.3 billion, equivalent to 45.7% of the market's overall value.
In 2023, the South American biosensors market recorded an annual growth of 5.8%. The growth is attributed to the rising cases of chronic conditions such as diabetes, heart disease, arthritis, and others.
Scope
Save time carrying out entry-level research by identifying the size, growth, and leading players in the biosensors market in South America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biosensors market in South America
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 South America biosensors market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the South America biosensors market by value in 2023?
What will be the size of the South America biosensors market in 2028?
What factors are affecting the strength of competition in the South America biosensors market?
How has the market performed over the last five years?
How large is South America’s biosensors market in relation to its regional counterparts?
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 challenges to the market?
8 Company Profiles
8.1. Roche Diagnostics GmbH
8.2. Medtronic Plc
8.3. Abbott Laboratories
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: South America biosensors market value: $ million, 2018-23
Table 2: South America biosensors market category segmentation: % share, by value, 2018-23
Table 3: South America biosensors market category segmentation: $ million, 2018-23
Table 4: South America biosensors market geography segmentation: $ million, 2023
Table 5: South America biosensors market value forecast: $ million, 2023-28