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Press Release:

Global Biosensors Market to Grow at 8.51% During 2022-2027, Impelled by Increasing Prevalence of Chronic Illnesses

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Biosensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global biosensors market reached a value of US$ 24.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 39.9 Billion by 2027, exhibiting a CAGR of 8.51% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

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, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Technology, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting 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
    6.1    Wearable Biosensors
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Non-Wearable Biosensors
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Technology
    7.1    Electrochemical Biosensors
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Optical Biosensors
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Piezoelectric Biosensors
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Thermal Biosensors
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Nanomechanical Biosensors
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8   Market Breakup by Application
    8.1    Blood Glucose Testing
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cholesterol Testing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Blood Gas Analysis
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pregnancy Testing
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Drug Discovery
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Infectious Disease Testing
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9   Market Breakup by End Use
    9.1    Point of Care Testing
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Home Healthcare Diagnostics
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Research Laboratories
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Security and Biodefense
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10  Market Breakup by Region
    10.1    North 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
    10.2    Asia-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
    10.3    Europe
        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
    10.4    Latin 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
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Abbott Laboratories
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    AgaMatrix Inc. (WaveForm Technologies Inc)
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    DuPont 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
        15.3.4    F. Hoffmann-La Roche AG
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    General 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
        15.3.6    LifeScan Inc. (Platinum Equity LLC)
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Medtronic PLC
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Nova Biomedical Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    PHC Holdings Corporation 
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Siemens AG
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Thermo 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

List of Figures

Figure 1: Global: Biosensors Market: Major Drivers and Challenges
Figure 2: Global: Biosensors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Biosensors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Biosensors Market: Breakup by Product (in %), 2021
Figure 5: Global: Biosensors Market: Breakup by Technology (in %), 2021
Figure 6: Global: Biosensors Market: Breakup by Application (in %), 2021
Figure 7: Global: Biosensors Market: Breakup by End Use (in %), 2021
Figure 8: Global: Biosensors Market: Breakup by Region (in %), 2021
Figure 9: Global: Biosensors (Wearable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Biosensors (Wearable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Biosensors (Non-Wearable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Biosensors (Non-Wearable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Biosensors (Electrochemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Biosensors (Electrochemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Biosensors (Optical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Biosensors (Optical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Biosensors (Piezoelectric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Biosensors (Piezoelectric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Biosensors (Thermal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Biosensors (Thermal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Biosensors (Nanomechanical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Biosensors (Nanomechanical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Biosensors (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Biosensors (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Biosensors (Blood Glucose Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Biosensors (Blood Glucose Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Biosensors (Cholesterol Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Biosensors (Cholesterol Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Biosensors (Blood Gas Analysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Biosensors (Blood Gas Analysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Biosensors (Pregnancy Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Biosensors (Pregnancy Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Biosensors (Drug Discovery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Biosensors (Drug Discovery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Biosensors (Infectious Disease Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Biosensors (Infectious Disease Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Biosensors (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Biosensors (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Biosensors (Point of Care Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Biosensors (Point of Care Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Biosensors (Home Healthcare Diagnostics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Biosensors (Home Healthcare Diagnostics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Biosensors (Research Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Biosensors (Research Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Biosensors (Security and Biodefense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Biosensors (Security and Biodefense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Biosensors (Other End uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Biosensors (Other End uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: North America: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: North America: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: United States: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: United States: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Canada: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Canada: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Asia-Pacific: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Asia-Pacific: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: China: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: China: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Japan: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Japan: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: India: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: India: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: South Korea: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: South Korea: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Australia: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Australia: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Indonesia: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Indonesia: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Europe: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Europe: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Germany: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Germany: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: France: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: France: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: United Kingdom: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: United Kingdom: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Italy: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Italy: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Spain: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Spain: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Russia: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Russia: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Latin America: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Latin America: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Brazil: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Brazil: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Mexico: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Mexico: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Others: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Others: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Middle East and Africa: Biosensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Middle East and Africa: Biosensors Market: Breakup by Country (in %), 2021
Figure 97: Middle East and Africa: Biosensors Market Forecast: Sales Value (in Million US$), 2022-2027
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

List of Tables

Table 1: Global: Biosensors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Biosensors Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Biosensors Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Biosensors Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Biosensors Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 6: Global: Biosensors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Biosensors Market: Competitive Structure
Table 8: Global: Biosensors Market: Key Players


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Key Questions Answered in This Report

The global biosensors market was valued at US$ 24.2 Billion in 2021.

We expect the global biosensors market to exhibit a CAGR of 8.51% during 2022-2027.

The high prevalence of numerous chronic diseases, along with the increasing adoption of wearable biosensors for monitoring vital signs of patients, infants, children, etc., is primarily driving the global biosensors market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for biosensors to remotely monitor patients and transmit patient data to the physician for real-time alerts to limit the hospital visits for mitigating the transmission of the coronavirus infection.

Based on the product, the global biosensors market has been segmented into wearable biosensors and non-wearable biosensors, where non-wearable biosensors currently hold the majority of the total market share.

Based on the technology, the global biosensors market can be divided into electrochemical biosensors, optical biosensors, piezoelectric biosensors, thermal biosensors, nanomechanical biosensors, and others. Among these, electrochemical biosensors currently exhibit a clear dominance in the market.

Based on the application, the global biosensors market has been categorized into blood glucose testing, cholesterol testing, blood gas analysis, pregnancy testing, drug discovery, infectious disease testing, and others. Currently, blood glucose testing accounts for the majority of the global market share.

Based on the end use, the global biosensors market can be segregated into point of care testing, home healthcare diagnostics, research laboratories, security and biodefense, and others. Among these, point of care testing currently holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global biosensors market include 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.

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