Biosensors Market To Experience Significant Growth Driven By Advances In Healthcare Monitoring And Wearable Devices

(MENAFN- EIN Presswire)

The biosensor

Biosensors market includes top key players : Abbott, Medtronic, Bio-Rad Laboratories, Inc., Cytiva, LifeScan IP Holdings, LLC

The rapid advancements in biosensor technologies are revolutionizing the way we monitor health and diagnose diseases.” - Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, October 22, 2024 /EINPresswire / -- The Biosensors market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Biosensors market is anticipated to grow at large scale over the forecast period (2024-2030). The main purpose of the study report is to give users an extensive viewpoint of the market. The report exhibits both Biosensors market quantitative as well as qualitative data with tables and figures displayed in the form of bar graphs, and pie charts. Key drivers as well as challenges of the market are discussed in the report. Also reports provides an in depth analysis of the Biosensors market with current and future trends. The Market fueled by the rising demand for point-of-care diagnostics, wearable biosensor devices, and increased use of biosensors in various industrial applications.

The global biosensors market is projected to reach USD 41.48 billion by 2030 from USD 20.75 billion in 2023, at a CAGR of 9.5% from 2024 to 2030.

Get the PDF Sample Copy of this report @:

#request-a-sample

Market Overview

The biosensors market has experienced substantial demand, especially in the healthcare industry, where the use of point-of-care diagnostic tools has become essential in managing chronic diseases such as diabetes and cardiovascular disorders. The increasing adoption of wearable biosensors for continuous health monitoring is also a key factor driving growth.

Wearable biosensors, which monitor parameters like heart rate, glucose levels, and oxygen saturation, are becoming increasingly popular as consumers seek more personalized health management tools. Beyond healthcare, biosensors are finding applications in environmental monitoring, food safety, and industrial bioprocess control, providing a wide range of opportunities for market expansion.

Note – This Biosensors report sample includes:

Scope for 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by The Market Insights

Key Growth Drivers:

Rising Demand for Point-of-Care Testing: The increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer has driven the demand for point-of-care diagnostic devices, where biosensors play a crucial role in providing rapid, accurate results.

Wearable Technology: The proliferation of wearable biosensors for real-time health monitoring is significantly contributing to market expansion. These devices, which track parameters such as glucose levels, heart rate, and oxygen saturation, are gaining popularity among consumers for personal health management.

Technological Innovations: Continuous innovations in biosensor technologies, including advancements in nanotechnology, electrochemical sensors, and optical biosensors, are enhancing their accuracy and sensitivity, making them indispensable across sectors.

List of the Top key players Influencing this Market includes:

The research study includes the current trends that are being adopted by significant market players in the Biosensors markets, including the use of cutting-edge technology, government funding of R&D, and an increasing focus on sustainability.

Abbott, Medtronic, Bio-Rad Laboratories, Inc., Cytiva, LifeScan IP Holdings, LLC, Nova Biomedical, TDK Corporation, Universal Biosensors, AgaMatrix, PHC Holdings Corporation, ACON Laboratories, Inc., Ercon, Inc., Intricon.

Trends:

Integration with IoT and AI: The integration of biosensors with IoT and artificial intelligence is enhancing real-time data analysis and enabling remote health monitoring, which is particularly beneficial for elderly and chronic disease patients.

Non-Invasive Biosensors: The demand for non-invasive biosensors, such as those used in glucose monitoring and sweat analysis, is increasing as consumers prioritize comfort and ease of use.

Expansion into Non-Medical Sectors: Beyond healthcare, biosensors are finding applications in environmental monitoring (detecting pollutants) and food quality assessment, opening new market opportunities.

Segmentation Analysis of the market:

The market is segmented based on the type, product and application. The segmentation helps to deliver a precise explanation of the market.

Biosensors Market by Product (USD Billion) (Thousand Units)

Wearable

Non-wearable

Biosensors Market by Technology, (USD Billion) (Thousand Units)

Electrochemical

Optical

Piezoelectric

Thermal

Nanomechanical

Biosensors Market by Application, (USD Billion) (Thousand Units)

Healthcare

Agriculture

Bioreactor

Food Toxicity

Others

Biosensors Market by End-Use, (USD Billion) (Thousand Units)

Point of Care (POC)

Home Diagnostics

Research Labs

Environmental Monitoring

Food & Beverages

Biodefense

Others

Biosensors Market Regional Analysis:

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Biosensors in these regions, covering

North America (USA, Canada and Mexico)

Europe (UK, Germany, France and the Rest of Europe)

Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)

South America (Brazil, Argentina and the Rest of South America)

Middle East and Africa (GCC and Rest of the Middle East and Africa)

The full Report of Biosensors Market is Available@:

Table of Contents:

Introduction of the Global Biosensors Market

- Overview of the Market

- Scope of Report

- Assumptions

Executive Summary

Research Methodology of Market Research Intellect

- Data Mining

- Validation

- Primary Interviews

- List of Data Sources

Global Biosensors Market Outlook

- Overview

- Market dynamics

- Drivers

- Restraints

- Opportunities

- Porters five force model

- Value chain analysis

Global Biosensors Market, By Product

Global Biosensors Market, By Application

Global Biosensors Market, By Geography

- North America

- Europe

- Asia Pacific

- Rest of the World

Global Biosensors Market Competitive Landscape

- Overview

- Company Market Ranking

- Key Development Strategies

Company Profiles

Appendix

Future Outlook:

The global biosensors market is expected to maintain its upward trajectory, supported by increasing demand for personalized healthcare, advancements in IoT-enabled devices, and the growing adoption of non-invasive diagnostic tools. As biosensors continue to evolve, they are poised to play a pivotal role in improving patient outcomes and advancing public health monitoring on a global scale.

Reasons to Purchase Biosensors Market Report:

Current and future of Biosensors market outlook in the developed and emerging markets.
Analysis of various perspectives of the market with the help of Porter's five forces analysis.
The segment that is expected to dominate the Biosensors
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, Biosensors market shares, and strategies employed by the major market players.

Top Trending Reports:

Healthcare IT Market

The Healthcare IT Market is expected to grow at 15.3% CAGR from 2024 to 2030. It is expected to reach above USD 870.19 Billion by 2030 from USD 250 Billion in 2020.

Oligonucleotide Synthesis Market

The oligonucleotide synthesis market is expected to grow at 13.1% CAGR from 2023 to 2030. It is expected to reach above USD 7.53 billion by 2030 from USD 3.18 billion in 2023.

Sustainable packaging Market

The sustainable packaging market is expected to grow at 7.3% CAGR from 2020 to 2029. It is expected to reach above USD 404.7 billion by 2029 from USD 213.43 billion in 2020.

Automotive Telematics Market

The global automotive telematics market is expected to grow at 13% CAGR from 2022 to 2029. It is expected to reach above USD 20.7 billion by 2029 from USD 8.8 billion in 2022.

Corrugated Boxes Market

The Corrugated boxes market is expected to grow at 3.5 % CAGR from 2022 to 2029. It is expected to reach above USD 86.48 billion by 2029 from USD 63.45 billion in 2020.

Gluten Free Snacks Market

The Global Gluten Free Snacks Market is witnessing significant growth, with its size valued at USD 1.4 billion in 2023 and projected to reach USD 2.4 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 10.02% during the forecast period from 2024 to 2032.

Packaging Automation Market

Packaging Automation Market Size is valued at USD 80.75 billion in 2023 and is predicted to reach USD 174.45 billion by the year 2032 at an 10.82% CAGR during the period for 2024-2032.

Thin-Film Photovoltaic Cell Market

The global thin-film photovoltaic cell market size was valued at USD 11.30illion in 2020, and is projected to reach USD 23.35 billion by 2030, growing at a CAGR of 8.4% from 2022 to 2029.

Agritech Market

The Agritech Market size is valued at USD 24.9 billion in 2023 and is predicted to reach USD 73.2 billion by 2032, growing at a 14.3% CAGR during the forecast period from 2024 to 2032.

Bioinformatics Services Market

Bioinformatics Services Market size was valued at USD 2.3 billion in 2020 and is projected to reach USD 8.47 billion by 2029, growing at a CAGR of 15.6% from 2022 to 2029.

We offer customization on the Biosensors market report based on specific client requirements:

Customization 20%.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
Free customization for up to 40 hours.
After-sales support for One year from the date of delivery.

Contact Us:

Irfan T
Exactitude Consultancy
+1 704-266-3234
email us here
Visit us on social media:
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

MENAFN22102024003118003196ID1108805439