Biosensors Market with COVID-19 Impact - Global Forecast to 2026 - PowerPoint PPT Presentation

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Biosensors Market with COVID-19 Impact - Global Forecast to 2026

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The biosensors market is valued at USD 25.5 billion in 2021 and is projected to reach USD 36.7 billion by 2026; it is expected to grow at a CAGR of 7.5% from 2021 to 2026. – PowerPoint PPT presentation

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Title: Biosensors Market with COVID-19 Impact - Global Forecast to 2026


1
MarketsandMarkets Presents
Biosensors Market with COVID-19 Impact by Type,
Product (Wearable, Non-wearable), Technology,
Application (POC, Home Diagnostics, Research Lab,
Environmental Monitoring, Food Beverages,
Biodefense) and Region - Global Forecast to
2026  The biosensors market is valued at USD
25.5 billion in 2021 and is projected to reach
USD 36.7 billion by 2026 it is expected to grow
at a CAGR of 7.5 from 2021 to 2026.
2
MarketsandMarkets Presents
Emerging markets in developing countries,
high-growth opportunities in the food industry
and environmental monitoring applications, and
high-growth opportunities in the wearable device
market are projected to offer lucrative
opportunities for the players operating in the
biosensors market during the forecast
period. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id798 The biosensors market includes
players like Abbott (US), Roche (Switzerland),
Medtronic (Ireland), Bio-Rad Laboratories, Inc.
(US), and DuPont (US),. These players have a
strong market presence for biosensors across
various countries in North America, Europe, APAC,
and RoW.
3
MarketsandMarkets Presents
High-growth opportunities in the food industry
and environmental monitoring applications Biosenso
r devices have emerged as relevant diagnostic
techniques for environmental monitoring, and in
the food industry due to their specificity, ease
of mass fabrication, economics, and field
applicability, as well as their capability to
provide quick results. In the food industry,
quality control is a major thrust area, and the
need for fast methods to monitor the quality of
food is crucial. Conventional methods are
expensive, time-consuming, and labor-intensive.
Developing efficient sensors will not only speed
up the process but will also be cost-effective. 
4
MarketsandMarkets Presents
Sensor patch devices segment is expected to grow
at the highest rate during the forecast
period Currently, sensors patch devices hold a
very minimal market share, but their market is
expected to grow at a substantial rate in the
coming years. The growth of medical wearable
devices across medical as well as consumer
verticals is expected to propel the market growth
of sensor patch devices. In February 2021, the
engineers of the University of California, San
Diego developed a skin patch that can be worn on
the neck to track blood pressure and heart rate
while monitoring the users glucose, lactate,
alcohol, or caffeine levels
5
MarketsandMarkets Presents
POC applications to hold the largest market size
of biosensors market during the forecast
period The biosensors market for POC
applications holds the largest market share in
2021. POC applications are included in glucose
monitoring, cardiac marker, infectious disease
detection, and coagulation monitoring, among
others. Technological advancements in POC
devices, rising incidences of infectious
diseases, and an increase in investments by key
players are key factors driving the growth of the
point of care biosensors market
6
MarketsandMarkets Presents
Biosensors market in North America to hold the
highest market share during the forecast
period North America is projected to account for
the largest size of the global biosensors market
from 2021 to 2026. The presence of key industrial
players and the early adoption of new
technological advancements such as nanotechnology
are the main factors for the growth of the
biosensors market in North America. 
7
MarketsandMarkets Presents
Few of the key players in the biosensors market
Abbott (US), Roche (Switzerland), Medtronic
(Ireland), Bio-Rad Laboratories, Inc. (US),
DuPont (US), Biosensors International Group, Ltd.
(Singapore), Cytiva (UK), Dexcom, Inc. (US),
Lifescan IP Holdings, LLC (US), Masimo (US), Nova
Biomedical (US), Universal Biosensors
(Australia), ACON Laboratories, Inc. (US), CARDEA
BIO INC., (US), Conductive Technologies (US),
EarlySense (Israel), Innovative Sensor Technology
IST AG (Switzerland), LifeSignals (US), NeuroSky
(US), Pinnacle Technology Inc. (US), SD
Biosensor, INC. (South Korea), VitalConnect (US),
and Xsensio (Switzerland) Know more _at_
https//www.marketsandmarkets.com/Market-Reports/b
iosensors-market-798.html
8
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions.
9
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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