Global Biosensors Market 2024-2028
Biosensors Market 2024-2028
The biosensors market is forecasted to grow by USD 9966.9 mn during 2023-2028, accelerating at a CAGR of 7.2% during the forecast period. The report on the biosensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in biosensor technology, advantages of biosensors in drug analysis, and wearable biosensors for wellness monitoring.
Technavio's biosensors market is segmented as below:
By Product
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of nano-biosensors in agriculture as one of the prime reasons driving the biosensors market growth during the next few years. Also, rising application of biosensors and rapid growth in development of new biomaterials to develop biosensors will lead to sizable demand in the market.
The report on the biosensors market covers the following areas:
- Biosensors Market sizing
- Biosensors Market forecast
- Biosensors Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biosensors market vendors that include Abbott Laboratories, ACON Laboratories Inc., Bio Rad Laboratories Inc., Biosensors International Group Ltd., Cardea Bio, Conductive Technologies Inc., Cytiva, Dexcom Inc., DuPont de Nemours Inc., Eastprint Inc, Innovative Sensor Technology IST AG, LifeScan IP Holdings LLC, LifeSignals Group Inc., Masimo Corp., Medtronic Plc, NeuroSky Inc., Ryk Solutions, Sd Biosensor Inc., Universal Biosensors Group, and VitalConnect Inc.. Also, the biosensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.