Biosensors Market 2025 Key Manufacturers Analysis
A Biosensors is an
analytical device which is used to detect the analyze and gathers biological
components with the help of a physicochemical detector. Biosensors converts
biochemical signals into physicochemical signals which help in measuring the
sample. A Biosensor is made up of two components, namely, a transducer and a
biological element such as antibody, enzyme or nucleic acid. The transducer
detects and transmits the signals. On the other hand, biological element acts
as a sensor. There are four types of Biosensors, optical, electrochemical,
thermal, and piezoelectric Biosensors. Biosensors are used in medical
diagnostics, forensic, and drug target discovery. In medical diagnostics they
are used to monitor lactose, glucose levels in the body, identification of
molecular markers, and measurement of vitamin B12 and folic acid. In diabetic
patients, blood glucose levels can be estimated with the help of Biosensors.
They can also be used to diagnose and identify the pathogen in infectious
disease such as urinary tract infection. Biosensors are also used in
pharmaceuticals to estimate drug remnants in food and antibiotics. They are
used in food industry to identify pathogens, to monitor fermentation products
such as yoghurt and beer. They are also used to measure acids, alcohol and
carbohydrates. Biosensors can also be used in counter-bioterrorist activities
for sensing airborne bacteria. They are also used in monitoring environmental
pollution by checking the quality of water and air. They are also used to
control industrial effluents and in drug discovery programs. They are also used
in detection river water contaminants and pesticides.
The
major factor that drives the Biosensors market is increase in prevalence of
diabetes. According to International Diabetes Federation, in 2015, diabetes
affected 415 million people worldwide and this number is expected to reach up
to 642 million by 2040. Additionally, increase in the prevalence of geriatric
population is also an important factor which will drive this market. According to WHO, in 2015, 900 million people
were 60 years of age or older and this number is expected to reach up to 2
billion by 2050. Moreover, technological advancements are also set to drive
this market. For instance, in May 2016, Nova Biomedical launched Bio Profile
FLEX 2 cell culture analyzer. It is an extension of the Bio profile line of
cell culture analyzers which also provides 16 cell culture chemistries.
Furthermore, growing need for point of care diagnostics, cardiac pacemakers,
blood glucose level will also boost the growth of this market. However,
stringent regulatory requirements and complicated reimbursement policies will
hamper the growth of Biosensors market.
The key
strategy followed by the major players in the Biosensors market is product
launch. For instance, in March 2016, Vital Connect, Inc. launched Vital Patch Biosensors.
It is a single use Biosensors which continuously monitors and records skin
temperature, electrocardiogram and heart rate. With the launch Vital Patch Biosensors,
Vital Connect, Inc. will gain more market share.
Major Market Players:
Ø
Siemens
Healthcare GmbH
Ø
Life
Sensors, Inc.
Ø
F.
Hoffmann-La Roche Ltd.
Ø
Aga
Matrix, Inc.
Ø
Abbott
Laboratories
Ø Nova Biomedical.
Biosensors Market Segmentation:
By Technology:
- Optical Biosensors
- Electrochemical Biosensors
- Thermal Biosensors
- Piezoelectric Biosensors
By Application:
- Medical Applications
o Infectious Diseases
o Cholesterol Testing
o Drug Discovery
o Blood Glucose Monitoring
o Pregnancy Testing
o Blood Gas Analyzer
- Environment
- Industrial Process Control (Bioreactor)
- Food Toxicity Detection
- Agriculture
- Others
By End User:
- Point of Care Testing
- Security and Bio-Defense
- Home Healthcare Diagnostics
- Research Laboratories
- Food Industry
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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