Global Biosensors Market USD 18.5 Billion by 2020 - iHealthcareAnalyst, Inc

The global biosensors market to reach nearly USD 18.5 Billion in 2020, at a CAGR of 5.7% from 2016 to 2020 - iHealthcareAnalyst, Inc.

Maryland Heights, MO, January 09, 2017 --( The global biosensors market is to reach nearly USD 18.5 Billion in 2020, at a CAGR of 5.7% from 2016 to 2020, due to low cost non-invasive medical applications - iHealthcareAnalyst, Inc.

Visit Biosensors Market – Technology (Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Thermal Biosensors), and Applications (Drug Discovery, Medical Applications, Blood Gas Analyzer, Blood Glucose Monitoring, Cholesterol Testing, Infectious Diseases, Pregnancy Testing, Food Toxicity Detection, Bioreactor, Agriculture, Environment, Bio-Defense, Drug Abuse) 2016-2020 at

Biosensors are composed a biological recognition unit and a transducer which converts a biological response into a measurable electrical signal. Biosensors are used in a wide array of applications in medical diagnostics, pharmaceuticals, food industry, biodefense, and industrial processes. Although, the largest application for biosensors is to be blood glucose monitors, their use in various other applications such as infectious disease monitoring, blood gas analyses, cholesterol testing, pregnancy testing and non-medical applications such as industrial biology, food toxicity detection and military services is growing rapidly. Biosensors are primarily used for cancer detection and personalized medicine due to its accurate detection of specific biological analyte and reliable imaging of cancer cells. Biosensor-based medical devices provide better precision and accuracy, shorter lead time, painless diagnosis coupled with user friendly devices and cost-effectiveness. Extensive research and development activities to develop new and innovative medical devices are also driving the growth of the global biosensors market.

The global biosensors market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020).

The global biosensors market segmentation is based on technology (electrochemical biosensors, optical biosensors, piezoelectric biosensors, thermal biosensors), and applications (drug discovery, medical applications, blood gas analyzer, blood glucose monitoring, cholesterol testing, infectious diseases, pregnancy testing, food toxicity detection, bioreactor, agriculture, environment, bio-defense, and drug abuse).

The global biosensors market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and also tracks the major competitors operating in the market and provides analysis of the company overview, financial snapshot, key products, technologies and services offered, market share analysis and recent trends in the global market. The global biosensors market research report is divided by geography (regional and country based) into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World.

Major players operating in the global biosensors market and included in this report are Abbott Point of Care, Inc., Medtronic, Inc., LifeScan, Inc., F. Hoffmann-La Roche Ltd., AgaMatrix, Inc., Animas Corporation, LifeSensors, Inc., Siemens Healthcare and Nova Biomedical Corporation.

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