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Report
Biosensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 149 Pages I IMARC Group
The global biosensors market size reached US$ 26.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.4% during 2022-2028.
A biosensor, or biological sensor, is an analytical device used to detect changes in various biological processes and convert them into an electrical signal. It is used for monitoring biological elements, such as enzymes, nucleic acids, tissues, cell receptors, microorganisms and antibodies. Some of the commonly used biosensors include mass, optical, electrochemical, magnetic, nanomechanical, thermometric, acoustic and immunosensors. They consist of a responsive sensor, transducer, microcontroller, signal conditioning circuit and display unit and are embedded in resonant mirrors, chemical canaries, optodes, bio-computers, biochips and glucometers. Biosensors are extensively used for point-of-care (POC) diagnostics, research, environmental monitoring and biodefense applications.
Biosensors Market Trends:
Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, widespread adoption of wearable biosensors for continuous monitoring of vital signs of patients, infants, children, athletes and fitness enthusiasts is providing a thrust to the market growth. These biosensors facilitate remote monitoring of the individuals and can transmit biological data to the physician for real-time alerts. They are also incorporated in smart textiles for convenient tracking of vital signs. In line with this, as the coronavirus disease (COVID-19) continues to spread, there has been a substantial increase in the demand for biosensors in the healthcare centers for continuous monitoring of the patients. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and the development of innovative nanotechnology-based biosensors, are acting as other growth-inducing factors. These biosensors are used in nanotubes, nanowires, nanorods and nanoparticles for biomolecular detection. Other factors, including significant improvements in the healthcare infrastructure, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global biosensors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, technology, application and end use.
Breakup by Product:
Wearable Biosensors
Non-Wearable Biosensors
Breakup by Technology:
Electrochemical Biosensors
Optical Biosensors
Piezoelectric Biosensors
Thermal Biosensors
Nanomechanical Biosensors
Others
Breakup by Application:
Blood Glucose Testing
Cholesterol Testing
Blood Gas Analysis
Pregnancy Testing
Drug Discovery
Infectious Disease Testing
Others
Breakup by End Use:
Point of Care Testing
Home Healthcare Diagnostics
Research Laboratories
Security and Biodefense
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, AgaMatrix Inc. (WaveForm Technologies Inc), DuPont de Nemours Inc., F. Hoffmann-La Roche AG, General Electric Company, LifeScan Inc. (Platinum Equity LLC), Medtronic PLC, Nova Biomedical Corporation, PHC Holdings Corporation, Siemens AG and Thermo Fisher Scientific Inc.
Key Questions Answered in This Report
1. What was the size of the global biosensors market in 2022?
2. What is the expected growth rate of the global biosensors market during 2023-2028?
3. What are the key factors driving the global biosensors market?
4. What has been the impact of COVID-19 on the global biosensors market?
5. What is the breakup of the global biosensors market based on the product?
6. What is the breakup of the global biosensors market based on the technology?
7. What is the breakup of the global biosensors market based on the application?
8. What is the breakup of the global biosensors market based on the end use?
9. What are the key regions in the global biosensors market?
10. Who are the key players/companies in the global biosensors market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biosensors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1Wearable Biosensors
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Non-Wearable Biosensors
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology
7.1Electrochemical Biosensors
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Optical Biosensors
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Piezoelectric Biosensors
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Thermal Biosensors
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Nanomechanical Biosensors
7.5.1 Market Trends
7.5.2 Market Forecast
7.6Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Application
8.1Blood Glucose Testing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Cholesterol Testing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Blood Gas Analysis
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Pregnancy Testing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Drug Discovery
8.5.1 Market Trends
8.5.2 Market Forecast
8.6Infectious Disease Testing
8.6.1 Market Trends
8.6.2 Market Forecast
8.7Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by End Use
9.1Point of Care Testing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Home Healthcare Diagnostics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Research Laboratories
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Security and Biodefense
9.4.1 Market Trends
9.4.2 Market Forecast
9.5Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Abbott Laboratories
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2AgaMatrix Inc. (WaveForm Technologies Inc)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3DuPont de Nemours Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4F. Hoffmann-La Roche AG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5General Electric Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6LifeScan Inc. (Platinum Equity LLC)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7Medtronic PLC
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Nova Biomedical Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9PHC Holdings Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10Siemens AG
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11Thermo Fisher Scientific Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
Figure 1: Global: Biosensors Market: Major Drivers and Challenges
Figure 2: Global: Biosensors Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Biosensors Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Biosensors Market: Breakup by Product (in %), 2022
Figure 5: Global: Biosensors Market: Breakup by Technology (in %), 2022
Figure 6: Global: Biosensors Market: Breakup by Application (in %), 2022
Figure 7: Global: Biosensors Market: Breakup by End Use (in %), 2022
Figure 8: Global: Biosensors Market: Breakup by Region (in %), 2022
Figure 9: Global: Biosensors (Wearable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Biosensors (Wearable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Biosensors (Non-Wearable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Biosensors (Non-Wearable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Biosensors (Electrochemical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Biosensors (Electrochemical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Biosensors (Optical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Biosensors (Optical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Biosensors (Piezoelectric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Biosensors (Piezoelectric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Biosensors (Thermal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Biosensors (Thermal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Biosensors (Nanomechanical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Biosensors (Nanomechanical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Biosensors (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Biosensors (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Biosensors (Blood Glucose Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Biosensors (Blood Glucose Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Biosensors (Cholesterol Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Biosensors (Cholesterol Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Biosensors (Blood Gas Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Biosensors (Blood Gas Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Biosensors (Pregnancy Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Biosensors (Pregnancy Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Biosensors (Drug Discovery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Biosensors (Drug Discovery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Biosensors (Infectious Disease Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Biosensors (Infectious Disease Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Biosensors (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Biosensors (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Biosensors (Point of Care Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Biosensors (Point of Care Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Biosensors (Home Healthcare Diagnostics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Biosensors (Home Healthcare Diagnostics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Biosensors (Research Laboratories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Biosensors (Research Laboratories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Biosensors (Security and Biodefense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Biosensors (Security and Biodefense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Biosensors (Other End uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Biosensors (Other End uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: North America: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: North America: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United States: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United States: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Canada: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Canada: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Asia-Pacific: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Asia-Pacific: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: China: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: China: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Japan: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Japan: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: India: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: India: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: South Korea: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: South Korea: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Australia: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Australia: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Indonesia: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Indonesia: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Europe: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Europe: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Germany: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Germany: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: France: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: France: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: United Kingdom: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: United Kingdom: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Italy: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Italy: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Spain: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Spain: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Russia: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Russia: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Latin America: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Latin America: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Brazil: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Brazil: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Mexico: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Mexico: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Others: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Middle East and Africa: Biosensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Middle East and Africa: Biosensors Market: Breakup by Country (in %), 2022
Figure 97: Middle East and Africa: Biosensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Biosensors Industry: SWOT Analysis
Figure 99: Global: Biosensors Industry: Value Chain Analysis
Figure 100: Global: Biosensors Industry: Porter's Five Forces Analysis
Table 1: Global: Biosensors Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Biosensors Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Biosensors Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Biosensors Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Biosensors Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 6: Global: Biosensors Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Biosensors Market: Competitive Structure
Table 8: Global: Biosensors Market: Key Players
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