Biosensors Market Share, Size, Trends, Industry Analysis Report, By Technology (Thermal, Electrochemical, Piezoelectric, Optical); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032

Biosensors Market Share, Size, Trends, Industry Analysis Report, By Technology (Thermal, Electrochemical, Piezoelectric, Optical); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032



The global biosensors market size is expected to reach USD 49.29 billion by 2032, according to a new study by Polaris Market Research. The report “Biosensors Market Share, Size, Trends, Industry Analysis Report, By Technology (Thermal, Electrochemical, Piezoelectric, Optical); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Technological biosensor advancements have resulted in strong growth in the global Market. This growth is further fueled by the increasing need for fast and preventative diagnosis of diabetes, as constant monitoring of blood glucose levels is crucial for managing diabetes mellitus. Additionally, the growing aging population and high prevalence of diabetes in developed countries worldwide are expected to drive the market's expansion in the coming years.

Biosensors comprise a physiochemical detector and a natural element that enable the identification of analytes. The primary components include a signal-generating element that identifies the analyte, a signal transducer, and a reader device. The components utilized in Biosensors are classified into three groups based on their mechanisms: enzymes comprise the biocatalytic group, antibodies, and nucleic acids comprise the affinity group, and microorganisms are the basis of the microbe-based group.

In Biosensors, the reader device is combined with associated electronics or signal processors, primarily responsible for displaying the results in a user-friendly manner. Biosensors have various applications, including food and beverage testing, environmental monitoring, home care diagnostics, and using numerous nanomechanical Biosensors.

The market is experiencing significant growth with various trends, including increased demand for point-of-care testing due to the COVID-19 pandemic, the popularity of wearable biosensors for monitoring patients with chronic diseases and fitness metrics, advancements in nanotechnology allowing for the development of more sensitive and selective biosensors, increasing use of biosensors in food safety testing for detecting contaminants in food products, and growing demand for biosensors in environmental monitoring to detect pollutants in air and water for protecting human health and the environment.

Biosensors Market Report Highlights

Electrochemical segment accounted for largest shares of market in 2022, due to use of biological and biochemical procedures in analysis and measurements, and it has advantage in thermal, optical, and piezoelectric detection.

Medical segment held the highest market revenue share in 2022, and will continue its growth over the forecast period. Biosensors are used in various medical applications such as blood gas testing, blood glucose monitoring, cholesterol testing, pregnancy and others.

POC testing segment accounted for the largest market share in 2022, due to POC testing is fueled by technological advancements which facilitate to develop of innovative products.

North America dominated the market in 2022 and is likely to continue its dominance over the forecast period, due to increasing the demand for innovative medical devices, rising expenditure for healthcare, and the presence of key market players.

The global key market players include Abbott Laboratories, Bayer AG, AZUR Environmental, Biosensor BV, DuPont Biosensor Materials, Cranfield Biotechnology Centre, Pinnacle Technologies Inc., Johnson & Johnson, Ercon, Inc., EG & IC Sensors, Inc., Strategic Diagnostics, Innovative Biosensors Inc., Sysmex Corporation, LifeScan, Inc., QTL Biosystems, Molecular Devices Corp., and Roche Diagnostics.

Polaris Market Research has segmented the biosensors market report based on technology, application, end-use, and region:

Biosensors, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

Thermal

Electrochemical

Piezoelectric

Optical

Biosensors, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Medical

Cholesterol

Blood Glucose

Blood Gas Analyzer

Pregnancy Testing

Infectious Testing

Food Toxicity

Bioreactor

Agriculture

Environment

Others

Biosensors, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

Home Healthcare Diagnostics

POC Testing

Food Industry

Research Laboratories

Security and Biodefense

Biosensors, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Biosensors Market Insights
4.1. Biosensors Market – End-Use Snapshot
4.2. Biosensors Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Technical advancements in biosensors
4.2.1.2. The rise in acceptance of PoC devices
4.2.2. Restraints and Challenges
4.2.2.1. Limited scalability
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Biosensors Market End-Use Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Biosensors Market, by Technology
5.1. Key Findings
5.2. Introduction
5.2.1. Global Biosensors Market, by Technology, 2019-2032 (USD Billion)
5.3. Thermal
5.3.1. Global Biosensors Market, by Thermal, by Region, 2019-2032 (USD Billion)
5.4. Electrochemical
5.4.1. Global Biosensors Market, by Electrochemical, by Region, 2019-2032 (USD Billion)
5.5. Piezoelectric
5.5.1. Global Biosensors Market, by Piezoelectric, by Region, 2019-2032 (USD Billion)
5.6. Optical
5.6.1. Global Biosensors Market, by Optical, by Region, 2019-2032 (USD Billion)
6. Global Biosensors Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Biosensors Market, by Application, 2019-2032 (USD Billion)
6.3. Medical
6.3.1. Global Biosensors Market, by Medical, by Region, 2019-2032 (USD Billion)
6.3.2. Cholesterol
6.3.2.1. Global Biosensors Market, by Cholesterol, by Region, 2019-2032 (USD Billion)
6.3.3. Blood Glucose
6.3.3.1. Global Biosensors Market, by Blood Glucose, by Region, 2019-2032 (USD Billion)
6.3.4. Blood Gas Analyzer
6.3.4.1. Global Biosensors Market, by Blood Gas Analyzer, by Region, 2019-2032 (USD Billion)
6.3.5. Pregnancy Testing
6.3.5.1. Global Biosensors Market, by Pregnancy Testing, by Region, 2019-2032 (USD Billion)
6.3.6. Infectious Testing
6.3.6.1. Global Biosensors Market, by Infectious Testing, by Region, 2019-2032 (USD Billion)
6.4. Food Toxicity
6.4.1. Global Biosensors Market, by Food Toxicity, by Region, 2019-2032 (USD Billion)
6.5. Bioreactor
6.5.1. Global Biosensors Market, by Bioreactor, by Region, 2019-2032 (USD Billion)
6.6. Agriculture
6.6.1. Global Biosensors Market, by Agriculture, by Region, 2019-2032 (USD Billion)
6.7. Environment
6.7.1. Global Biosensors Market, by Environment, by Region, 2019-2032 (USD Billion)
6.8. Others
6.8.1. Global Biosensors Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Biosensors Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Biosensors Market, by End-Use, 2019-2032 (USD Billion)
7.3. Home Healthcare Diagnostics
7.3.1. Global Biosensors Market, by Home Healthcare Diagnostics, By Region, 2019-2032 (USD Billion)
7.4. POC Testing
7.4.1. Global Biosensors Market, by POC Testing, By Region, 2019-2032 (USD Billion)
7.5. Food Industry
7.5.1. Global Biosensors Market, by Food Industry, By Region, 2019-2032 (USD Billion)
7.6. Research Laboratories
7.6.1. Global Biosensors Market, by Research Laboratories, By Region, 2019-2032 (USD Billion)
7.7. Security and Biodefense
7.7.1. Global Biosensors Market, by Security and Biodefense, By Region, 2019-2032 (USD Billion)
8. Global Biosensors Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Biosensors Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Biosensors Market – North America
8.3.1. North America: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.3.2. North America: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.3.3. North America: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.3.4. Biosensors Market – U.S.
8.3.4.1. U.S.: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.3.5. Biosensors Market – Canada
8.3.5.1. Canada: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.3.5.3. Canada: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4. Biosensors Market – Europe
8.4.1. Europe: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.2. Europe.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.3. Europe: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.4. Biosensors Market – UK
8.4.4.1. UK: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.4.2. UK.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.4.3. UK: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.5. Biosensors Market – France
8.4.5.1. France: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.5.2. France.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.5.3. France: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.6. Biosensors Market – Germany
8.4.6.1. Germany: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.6.3. Germany: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.7. Biosensors Market – Italy
8.4.7.1. Italy: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.7.3. Italy: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.8. Biosensors Market – Spain
8.4.8.1. Spain: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.8.3. Spain: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.9. Biosensors Market – Netherlands
8.4.9.1. Netherlands: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.4.10. Biosensors Market – Russia
8.4.10.1. Russia: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.4.10.3. Russia: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5. Biosensors Market – Asia Pacific
8.5.1. Asia Pacific: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.4. Biosensors Market – China
8.5.4.1. China: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.4.2. China.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.4.3. China: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.5. Biosensors Market – India
8.5.5.1. India: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.5.2. India.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.5.3. India: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.6. Biosensors Market – Malaysia
8.5.6.1. Malaysia: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.7. Biosensors Market – Japan
8.5.7.1. Japan: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.7.3. Japan: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.8. Biosensors Market – Indonesia
8.5.8.1. Indonesia: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.5.9. Biosensors Market – South Korea
8.5.9.1. South Korea: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.6. Biosensors Market – Middle East & Africa
8.6.1. Middle East & Africa: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.6.4. Biosensors Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.6.5. Biosensors Market – UAE
8.6.5.1. UAE: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.6.5.3. UAE: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.6.6. Biosensors Market – Israel
8.6.6.1. Israel: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.6.6.3. Israel: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.6.7. Biosensors Market – South Africa
8.6.7.1. South Africa: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.7. Biosensors Market – Latin America
8.7.1. Latin America: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.7.2. Latin America.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.7.3. Latin America: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.7.4. Biosensors Market – Mexico
8.7.4.1. Mexico: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.7.5. Biosensors Market – Brazil
8.7.5.1. Brazil: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Biosensors Market, by Application, 2019-2032 (USD Billion)
8.7.6. Biosensors Market – Argentina
8.7.6.1. Argentina: Biosensors Market, by Technology, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Biosensors Market, by End-Use, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Biosensors Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Abbott Laboratories
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Bayer AG
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. AZUR Environmental
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Biosensor BV
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. DuPont Biosensor Materials
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Cranfield Biotechnology Centre
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Pinnacle Technologies Inc
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Johnson & Johnson
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Ercon, Inc
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. EG & IC Sensors, Inc
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Strategic Diagnostics
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Innovative Biosensors Inc
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Sysmex Corporation
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. LifeScan, Inc
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. QTL Biosystems
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Molecular Devices Corp
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. Roche Diagnostics
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development

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