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Based on application, Bio-electronics & Biosensors Market can be segmented into food toxicity detection, medical applications, industrial process control and agriculture

Author : Ronak Bora | Published Date : 2019-04-02 

An analysis of Bio-electronics & Biosensors Market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

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. Based on technology the industry can be segregated into electrochemical biosensors, thermal biosensors, piezoelectric biosensors and optical biosensors. On the basis of end-use the industry can be segmented into point of care testing, home healthcare diagnostics, food industry and research laboratories.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  • Abbott Point of Care
  • F. Hoffmann-La Roche Ltd
  • LifeSensors
  • AgaMatrix
  • Nova Biomedical Corporation
  • Siemens Healthcare

Escalating demand for diagnostic as well as monitoring devices such as blood glucose level, cardiac pacemakers and other implantable medical devices are likely to fuel bioelectronics market size. Rising pervasiveness of diabetes accompanied by increasing need to measure and monitor blood glucose level is likely to positively impact the Bio-electronics & Biosensors Market demand. Proliferating technological improvisation along with increasing innovation is expected to drive the industry growth. For example, HealthPatch MD biosensors by Vital connect has received FDA approval in 2014. This patch is applied over the skin and has a capability of capturing biometric measurements.

As of 2013, electrochemical biosensors market was valued to be the major technology sector of the industry. Attributes such as robustness, excellent detection limits along with easy miniaturization are expected to fuel demand for these sensors. In addition, these devices play a vital role in research initiatives that involve accurate examination of contents of a organic sample.

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Bio-electronics & Biosensors Market is projected to experience healthy growth over the forecast period. These devices are anticipated to modernize the ecological monitoring as well as untimely warning field by augmenting the capability to calculate and differentiate the environmental contaminants. This is projected to drive the industry growth for bio-electronics & biosensors market over the several upcoming years.

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. Proliferating significance of numerous serious diseases owing to unhealthy lifestyle, presences of many R&D units and increasing adoptability of sophisticated products by scientists, patients and clinicians are forecast to drive the industry growth over coming years. 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.

Browse Full Report: https://www.gminsights.com/industry-analysis/bio-electronics-and-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.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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