BIOSENSORS FOR GLUCOSE MONITORING

Global Biosensors Market: Information by Technology (Electrochemical, Optical, Thermal, Piezoelectric Biosensors), by Application (Medical Testing, Food Toxicity, Industrial Process, Environmental and Agricultural Testing), by End User (Point-of-Care, Home Diagnostics, Research Laboratories, Food Industry, and Security & Biodefense), and by Region (North America, Europe, Asia-Pacific, Rest of the World)—Forecast till 2027Market Research Future has released its extensive report on the global biosensor market which reveals a CAGR of 9.6% during the assessment period of 2014 to 2020.

Growing use of point-of-care testing (POCT) is another key factor driving the demand for biosensors as they are vital in furthering this type of healthcare facility.

Based on technology, the market is segmented into piezoelectric biosensors, thermal biosensors, electrochemical biosensors, optical biosensors, and others.

The electrochemical biosensor market represents the largest share of the biosensor market.On the basis of end-user, the market is segmented to represent home diagnostics, the point of care, research laboratories, food industry, biodefence & security, and others.

The security & biodefense segment is the most significant segment in the biosensors market due to increasing biological threats and the need to protect against them.By application, the market is categorized into an industrial process, food toxicity, medical testing, agricultural testing, environmental market, and others.Global segmentation of the biosensor market divides it into North America, Europe, Asia-Pacific, and the Rest of the World.Regional AnalysisNorth America accounts for the largest share of the global market and is led by the U.S which is the most prominent country in the region.

The presence of several leading market players and a growing diabetic population is expected to increase the demand for biosensors.

COVID-19 Impact Analysis on Medical Biosensors Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.

The report encompasses data regarding market share and recent developments by key players.

Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Medical Biosensors Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/medical-biosensors-market/download-sampleMarket DynamicsThe global medical biosensors market is projected to emerge at a robust rate during the forecast period.

Rising technology advancements in microelectronics and biotechnology, increasing market penetration of electronic medical records, growing patient awareness levels, and enhanced applications in the cardiac care and point of care segment complement market growth.

However, the pace of medical biosensors technologies adaptability is sluggish, which is curbing the global market expansion.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.

The Report "Biosensors Market by Type (Sensor patch and embedded device), Product (Wearable and nonwearable), Technology (Electrochemical and optical), Application (POC, Home Diagnostics, Research Lab, Food & Beverages), and Geography - Global Forecast to 2024", is expected to grow from USD 21.2 billion in 2019 to USD 31.5 billion by 2024, at a CAGR of 8.3%.

Factors such as continuous technological advancements in biosensors ecosystem, increase in the use of biosensors for nonmedical applications, lucrative growth in POC diagnostics, and rise in demand for glucose monitoring systems are driving the growth of the biosensors market.

Browse 75 market data Tables and 44 Figures spread through 184 Pages and in-depth TOC on "Biosensors Market - Global Forecast to 2024" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=798Embedded device held larger size of biosensor market during forecast period The growth of embedded devices is attributed to its implementation in environment monitoring, biodefence, and food & beverages to detect and remove contaminants, whether nonliving or living entities.

Wearable devices monitoring health consist of different types of miniature biosensors capable of measuring physiological parameters, such as vital signs (heart rate, respiration rate, body and skin temperature, and oxygen saturation), skin conductance, blood pressure, electrocardiogram (ECG), electroencephalography (EEG), acceleration, and rotation.

Key players operating in the biosensor market include Abbott Point of Care Inc. (US), Medtronic Inc. (US), LifeScan Inc. (US), Universal Biosensors Inc. (Australia), F. Hoffman-La Roche Ltd. (Switzerland), DuPont (US), Sysmex Corporation (Japan), Bio-Rad laboratories Inc. (US), Pharmaco-Kinesis Corporation (PKC) (US), Nova Biomedical Corp. (US), ACON Laboratories, Inc. (US), LifeSensors Inc. (US), Biacore (Sweden), and Biosensors International Pte.

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Trending News : 2021-2028 The global biosensors market size is expected to reach USD 40.53 billion by 2028 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, 2021 – 2028” gives a detailed insight into the current market dynamics and provides analysis on future market growth.

The introduction of nanotechnology-based biosensors, usage of instruments in blood sugar level monitoring in diabetes patients, increasing demand for home-based point-of-care devices due to the COVID-19 pandemic, increasing advancement in technology, and mounting government policies toward diagnostics are some of the significant factors that may complement the global industry development.

Several new technologies have been developed in recent years which will revolutionize biosensor technology.

Nano-biosensors have emerged in recent years, and they are increasingly used in various genomics and proteomic techniques.

Get Sample Copy : https://www.polarismarketresearch.com/industry-analysis/biosensors-market/request-for-sample The wide application of the product in the medical field will drive the growth of the industry.