Biosensors Market and Technology Trends

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MarketsandMarkets Presents
Biosensors Market by Application (Point of Care,
Home Diagnostics, Research Labs, Biodefense,
Environmental Monitoring, Food Industry), Product
(Wearable, Non-Wearable), Technology
(Electrochemical, Piezoelectric, Optical)
Geography - Analysis Forecast to 2020 The
total market was valued at 11.39 billion in 2013
and is expected to reach 22.68 billion by 2020,
at an estimated CAGR of 10.00 to 2020
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The biosensors industry has witnessed significant
technological developments over the last few
years. Various studies have been carried out for
incorporating the biosensors technology into
various clinical and non-clinical applications
ranging from medical, biodefense, environment
monitoring, and food industry. The increase in
demand of point-of-care diagnostics devices,
growing prevalence of diabetes, aging population,
and need to improve the current healthcare
infrastructure are the key drivers propelling the
growth of the market. Thismarket in the report
has been categorized by products, namely wearable
biosensors and non-wearable biosensors. The
wearable biosensors hold the maximum share of 80
of the total biosensors market as of
2013. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.a
sp?id798 The types of biosensors technologies
covered in the report include electrochemical,
piezoelectric, optical, thermal, and others. The
electrochemical biosensors are the most widely
used, considering their strong demand in the
medical diagnostic applications, such as the
glucose monitoring systems. The application
markets discussed in the report are POC, home
diagnostics, research labs, biodefense,
environmental monitoring, and food industry. This
market Covers regions, including North America,
Europe, Asia-Pacific, and Rest of the World
(RoW).
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The biosensors market for different geographic
regions, including North America, Europe,
Asia-Pacific, and the Rest of the World (RoW),
has also been covered in the report. North
America was the largest market for biosensors as
of 2013. APAC has been the most promising market
for biosensors over the forecast period and is
expected to grow at the highest CAGR among all
the regions. Report Information
http//www.marketsandmarkets.com/Market-Reports/
biosensors-market-798.html The report profiles
the promising major players with a SWOT analysis
of the key players in the biosensors market. The
market witnesses a series of new product launch
announcements and partnerships across the value
chain. The key players in this industry include
F. Hoffmann-La Roche Ltd. (Switzerland), LifeScan
Inc. (U.S.), Bayer Healthcare AG (Germany),
Abbott Point of Care Inc. (U.S.), Medtronic
(U.S.), Siemens Healthcare (Germany), and
others.
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