Global Biological Sensor Market Growth 2023-2029

Global Biological Sensor Market Growth 2023-2029

A biosensor is an analytical device, used for the detection of an analyze, it combines a biological component with a physicochemical detector. The sensitive biological element (e.g. tissue, microorganisms, organelles, cell receptors, enzymes, antibodies, nucleic acids, etc.) is a biologically derived material or biomimetic component that interacts (binds or recognizes) with the analyze under study. Biological engineering can also create the biologically sensitive elements. The transducer or the detector element (works in a physicochemical way; optical, piezoelectric, electrochemical, etc.) transforms the signal resulting from the interaction of the analyze with the biological element into another signal (i.e., transduces) that can be more easily measured and quantified. The biosensor reader device with the associated electronics or signal processors that are primarily responsible for the display of the results in a user-friendly way. This sometimes accounts for the most expensive part of the sensor device, however it is possible to generate a user friendly display that includes transducer and sensitive element (holographic sensor). The readers are usually custom-designed and manufactured to suit the different working principles of biosensors.
LPI (LP Information)' newest research report, the “Biological Sensor Industry Forecast” looks at past sales and reviews total world Biological Sensor sales in 2022, providing a comprehensive analysis by region and market sector of projected Biological Sensor sales for 2023 through 2029. With Biological Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biological Sensor industry.
This Insight Report provides a comprehensive analysis of the global Biological Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biological Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biological Sensor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biological Sensor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biological Sensor.
The global Biological Sensor market size is projected to grow from US$ 23990 million in 2022 to US$ 46010 million in 2029; it is expected to grow at a CAGR of 46010 from 2023 to 2029.
Market competition is intense. Abbott, Platinum Equity, Nova Biomedical, etc. are the leaders of the industry. Top 5 companies accounted for 0.4524 market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Biological Sensor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wearable
Non-Wearable
Segmentation by application
POC Testing
Home Diagnostics
Research Laboratories
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
Platinum Equity
Nova Biomedical
Bayer
Roche
ARKRAY
Medtronic
B.Braun
Sinocare
Yicheng
Yuyue Medical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biological Sensor market?
What factors are driving Biological Sensor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biological Sensor market opportunities vary by end market size?
How does Biological Sensor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.