Global Biosensors Market Growth 2025-2031

The global Biosensors market size is predicted to grow from US$ 13730 million in 2025 to US$ 22800 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

A biosensor is an analytical device, used for the detection of an analyte, 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 analyte under study. The biologically sensitive elements can also be created by biological engineering. The transducer or the detector element (works in a physicochemical way; optical, piezoelectric, electrochemical, etc.) transforms the signal resulting from the interaction of the analyte 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.

The Biosensors industry can be broken down into several segments, Non-wearable Biosensor, Wearable Biosensor, Others, etc.

Global biosensors main manufactuers include Abbott, Dexcom, Medtronic and Ascensia Diabetes Care, totally accounting for about 60% of the market. North America is the largest market of biosensors, holding a share about 40%. As for the types of products, it can be divided into non-wearable biosensor and wearable biosensor. As for the applications of products, it is widely used in medical science, environmental monitoring, food industry, agriculture and others. The most common application is in medical science, with a share about 68%.

LP Information, Inc. (LPI) ' newest research report, the “Biosensors Industry Forecast” looks at past sales and reviews total world Biosensors sales in 2024, providing a comprehensive analysis by region and market sector of projected Biosensors sales for 2025 through 2031. With Biosensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biosensors industry.

This Insight Report provides a comprehensive analysis of the global Biosensors 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 Biosensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biosensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biosensors 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 Biosensors.

This report presents a comprehensive overview, market shares, and growth opportunities of Biosensors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Non-wearable Biosensor
Wearable Biosensor

Segmentation by Application:
Medical Science
Environmental Monitoring
Food
Agriculture
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 analysing the company's coverage, product portfolio, its market penetration.
Abbott
Dexcom
Medtronic
Ascensia Diabetes Care
LifeScan, Inc.
Roche
ARKRAY
Sinocare
Nova Biomedical
B. Braun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biosensors market?

What factors are driving Biosensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biosensors market opportunities vary by end market size?

How does Biosensors break out by Type, by Application?

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