Bio-electronics & Biosensors Market size likely to exceed revenue of USD 25 billion by 2023

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Bio-electronics Biosensors Market size to be
estimated over USD 25 billion by 2023, to grow at
a CAGR of over 10 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Bio-electronics
Biosensors Market

• North America is expected to gain the dominance
  due to large number of application in numerous
  healthcare sectors is expected to boost the
  demand in the region.
• Asia Pacific bio-electronics and biosensors
  market is likely to witness significant growth
  owing to improving healthcare infrastructure and
  rapid economic growth over the forecast period.

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Application Analysis of Bio-electronics
Biosensors Market

• Major application of these sensors are
  contributed in numerous industry sectors such as
  agriculture, toxicity detection, environmental,
  industrial process control as well as medical
  applications among several others. The
  preliminary thrust for swiftly advancing
  bio-electronics biosensors technology was
  derived from healthcare segment.
• The bio-electronics biosensors market can be
  segmented on the basis of application, technology
  and end-use. On the basis of application the
  industry can be segmented into food toxicity
  detection, medical applications, industrial
  process control and agriculture, environment.

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Competitive Market Share of Bio-electronics
Biosensors Market

• Key industry participants occupying major
  bio-electronics and biosensors market share
  include, Abbott Point of Care, F. Hoffmann-La
  Roche Ltd, LifeSensors, AgaMatrix, Nova
  Biomedical Corporation and Siemens Healthcare.
• The industry is technology driven and hence,
  manufacturers are anticipated to continuously
  engage in research development focused on
  development of highly developed biosensors and
  bio-electronics over the forecast period.

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