Biosensors Market 2018 - Opportunity, Driving Trends and deep study.

Biosensors Market: Region, Key Players, Competition and Forecast to 2022

PUNE, INDIA, June 28, 2018 /EINPresswire.com/ -- Global biosensors market to grow at a CAGR of 9.2 % during the forecasted period 2016-2022. Medical Testing commands the largest market share of 74.4 % of global biosensors market by application. The market for Medical Testing was valued at USD 11,537.5 million in 2016 and expected to reach at USD 16,729.5 million by 2022.

Biosensors are devices which uses a living organism or biological organism like antibody or enzyme to detect the presence of chemical in the sample. Biosensors are used in the different diagnostic application as well as in monitoring the diseases. This devices are easy to use and cost effective. Medical biosensors helps to identify and monitor the diseases and treatment. This are used in the different tests like cerebrospinal, cholesterol and pathogen test. The major driving factor for the growth of biosensors market are increasing application in medical field, rising diabetic population and chronic diseases across the globe are the major driving factor for the development of the market. Beside this technological advances and need of the more accurate method for diagnosis and monitoring has provided a fuel for the growth of the market.

Global Biosensors market is segmented on the basis of application into medical testing, food toxicity, industrial process, environmental, agricultural testing and others. Medical testing shares the largest market share which is followed by food toxicity. Increasing prevalence of different diseases has led to increase this market at a significant rate.

Global biosensors market on the basis of the basis of application is growing at impressive rate. medical testing segment accounted for the largest market share in 2016 which is expected to reach USD 16,729.5 million by 2022 from USD 11,537.5 million in 2016. While Environmental segment is the fastest growing segment, which is growing at the fastest CAGR of 11.2 % during the forecast period from 2015 - 2020.

North America accounted for the largest market share of global biosensors market by application, which is expected to reach till $6,965.3 million by 2020. The Asia Pacific market on the other hand is expected to grow at a fastest CAGR of 11.4 % from 2015 to 2020.

Global biosensors market statistical report published by Market Research future contains a brief overview of Global biosensors market t. Medical testing commands the largest share and is expected to grow continuously during the forecasted period of 2016-2022. The report analyzed the global kidney stone market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2022.

Market Research future through this report aims to provide understanding of the Global biosensors market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global biosensors market.

List of Tables
TABLE 1 Global market breakdown by application, $m (2011 – 2014)
TABLE 2 Global market breakdown by application, $m (2015 – 2020)
TABLE 1 Global medical testingmarket breakdown by region, $m (2011 – 2014)
TABLE 2 Global medical testingmarket breakdown by region, $m (2015 – 2020)
TABLE 3 Global food toxicitymarket breakdown by region, $m (2011 – 2014)
TABLE 4 Global food toxicitymarket breakdown by region, $m (2015 – 2020)
TABLE 5 Global industrial processmarket breakdown by region, $m (2011 – 2014)
TABLE 6 Global industrial processmarket breakdown by region, $m (2015 – 2020)
TABLE 7 Global environmentalmarket breakdown by region, $m (2011 – 2014)
TABLE 8 Global environmentalmarket breakdown by region, $m (2015 – 2020)
TABLE 9 Global agricultural testingmarket breakdown by region, $m (2011 – 2014)
TABLE 10 Global agricultural testingmarket breakdown by region, $m (2015 – 2020)

List of Figures
FIGURE 1 Global biosensors market share by application (2014)
FIGURE 2 global medical testing market share by region (2014)
FIGURE 3 global food toxicity market share by region (2014)
FIGURE 4 GLOBAL industrial process market share by region (2014)
FIGURE 5 Global environmental market share by region (2014)
FIGURE 6 global agricultural testing market share by region (2014)

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Norah Trent
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