Table of Content

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 DEFINITION AND SCOPE 27
1.3 STUDY SCOPE 28
FIGURE 1 BIOSENSORS MARKET SEGMENTATION 28
1.3.1 GEOGRAPHIC SCOPE 28
1.3.2 INCLUSIONS AND EXCLUSIONS 29
1.4 YEARS CONSIDERED 29
1.5 CURRENCY 30
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 BIOSENSORS MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION 31
FIGURE 3 BIOSENSORS MARKET: RESEARCH DESIGN 32
2.1.1 SECONDARY DATA 32
2.1.1.1 Secondary sources 33
2.1.2 PRIMARY DATA 33
2.1.2.1 Key industry insights 34
2.1.2.2 Breakdown of primaries 34
2.1.2.3 Key data from primary sources 35
2.2 MARKET SIZE ESTIMATION 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 36
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – IDENTIFICATION OF REVENUES GENERATED BY COMPANIES FROM MICRO SERVER OFFERINGS 37
2.2.1 BOTTOM-UP APPROACH 38
2.2.1.1 Approach for arriving at market size using bottom-up analysis (demand side) 38
FIGURE 6 BIOSENSORS MARKET: BOTTOM-UP APPROACH 38
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FOR ESTIMATING SIZE OF BIOSENSORS MARKET 39
2.2.2 TOP-DOWN APPROACH 39
2.2.2.1 Approach for arriving at market size using top-down analysis
(supply side) 40
FIGURE 8 BIOSENSORS MARKET: TOP-DOWN APPROACH 40
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41
FIGURE 9 DATA TRIANGULATION METHODOLOGY 41
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2.4 RESEARCH ASSUMPTIONS 42
TABLE 1 STUDY ASSUMPTIONS 42
2.5 LIMITATIONS 43
FIGURE 10 LIMITATIONS OF STUDY 43
3 EXECUTIVE SUMMARY 44
FIGURE 11 BIOSENSOR MARKET FOR SENSOR PATCH IS EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD 45
FIGURE 12 MARKET FOR WEARABLE BIOSENSORS IS EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD 46
FIGURE 13 BIOSENSORS MARKET FOR ELECTROCHEMICAL TECHNOLOGY TO HOLD LARGEST SHARE IN 2026 46
FIGURE 14 POINT OF CARE APPLICATIONS HELD LARGEST SHARE OF BIOSENSORS MARKET IN 2021 47
FIGURE 15 BIOSENSORS MARKET IN APAC TO GROW AT HIGHEST CAGR FROM
2021 TO 2026 48
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES IN BIOSENSORS MARKET 50
FIGURE 16 RISING DEMAND FOR WEARABLE DEVICES ACROSS VARIOUS COUNTRIES TO IMPLEMENT MORE BIOSENSORS ACROSS POC AND HOME DIAGNOSTIC APPLICATIONS 50
4.2 BIOSENSORS MARKET IN NORTH AMERICA, BY COUNTRY AND BY PRODUCT 51
FIGURE 17 US AND NON-WEARABLE DEVICES ARE EXPECTED TO HOLD LARGEST SHARE OF NORTH AMERICAN BIOSENSORS MARKET IN 2021 51
4.3 BIOSENSORS MARKET IN APAC, BY APPLICATION 51
FIGURE 18 POC APPLICATION TO HOLD LARGEST SHARE OF BIOSENSORS MARKET IN APAC DURING FORECAST PERIOD 51
4.4 BIOSENSORS MARKET, BY COUNTRY 52
FIGURE 19 BIOSENSORS MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM
2021 TO 2026 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 20 INCREASED DEMAND FOR HOME-BASED POC DEVICES DUE TO COVID-19 PANDEMIC TO DRIVE MARKET FOR BIOSENSORS 53
FIGURE 21 IMPACT ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF BIOSENSORS MARKET 54
5.2.1 DRIVERS 56
5.2.1.1 Emergence of nanotechnology-based biosensors 56
5.2.1.2 Significant technological advancements in last few years 57
5.2.1.3 Increasing use of biosensors to monitor glucose levels in individuals with diabetes 58
5.2.1.4 Surging demand for home-based point-of-care devices due to COVID-19 pandemic 58
5.2.1.5 Rising government initiatives toward diagnostics 59
5.2.2 RESTRAINTS 59
5.2.2.1 Slow rate of commercialization and reluctance in adopting new treatment practices 59
5.2.2.2 High costs involved in R&D 60
5.2.3 OPPORTUNITIES 60
5.2.3.1 Emerging market in developing countries 60
5.2.3.2 High-growth opportunities in food industry and environmental monitoring applications 60
5.2.3.3 High-growth opportunities in wearable device market 61
5.2.4 CHALLENGES 61
5.2.4.1 Government regulations?long certification and approval cycles 61
5.2.4.2 Pricing pressure in POC market 62
5.3 VALUE CHAIN ANALYSIS 62
FIGURE 22 BIOSENSOR MANUFACTURERS CONTRIBUTE MAJOR VALUE TO OVERALL COST OF BIOSENSORS 62
5.4 BIOSENSORS ECOSYSTEM 63
FIGURE 23 BIOSENSORS MARKET ECOSYSTEM 63
TABLE 2 SUPPLY CHAIN 64
5.5 PORTER’S FIVE FORCES ANALYSIS 65
TABLE 3 BIOSENSORS MARKET: PORTER’S FIVE FORCES ANALYSIS 65
5.5.1 DEGREE OF COMPETITION 65
5.5.2 BARGAINING POWER OF SUPPLIERS 65
5.5.3 BARGAINING POWER OF BUYERS 66
5.5.4 THREAT FROM SUBSTITUTES 66
5.5.5 THREAT FROM NEW ENTRANTS 66
5.6 CASE STUDIES FOR BIOSENSORS MARKET 66
5.6.1 I-STAT SYSTEM HELPS PATIENTS AT ROCHDALE URGENT CARE CENTER 66
5.6.2 INTEGRATED HEALTH SOLUTION PROVIDED COST SAVINGS AND INCREASED EFFICIENCY 66
5.6.3 REDUCING MATERNAL MORBIDITY AND MORTALITY THROUGH NON-INVASIVE HAEMOGLOBIN MONITORING 67
5.6.4 IMPROVING MOBILITY FOR PATIENTS AND REDUCING FALSE ALARMS FOR STAFF AT SUB-ACUTE CHILDREN’S HOSPITAL 67
5.6.5 ENABLING SEAMLESS DATA TRANSMISSION FROM PATIENT’S HOME 67
5.7 TECHNOLOGY ANALYSIS 68
5.8 AVERAGE SELLING PRICE (ASP) TREND ANALYSIS 69
FIGURE 24 AVERAGE SELLING PRICE OF BIOSENSORS, BY PRODUCT (USD) 69
5.9 TRADE ANALYSIS 70
TABLE 4 EXPORT SCENARIO FOR HS CODE: 901890, BY COUNTRY,
2015–2019 (USD THOUSAND) 70
TABLE 5 IMPORT SCENARIO FOR HS CODE: 901890, BY COUNTRY,
2015–2019 (USD THOUSAND) 70
5.10 PATENT ANALYSIS 71
5.11 STANDARDS AND REGULATIONS RELATED TO BIOSENSORS MARKET 72
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 73
FIGURE 25 REVENUE SHIFT FOR BIOSENSORS MARKET 73
6 BIOSENSORS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
FIGURE 26 BIOSENSOR MARKET FOR SENSOR PATCH IS EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD 75
TABLE 6 BIOSENSORS MARKET, BY TYPE, 2017–2020 (USD BILLION) 75
TABLE 7 BIOSENSORS MARKET, BY TYPE, 2021–2026 (USD BILLION) 75
6.2 SENSOR PATCH 76
6.2.1 THESE DEVICES ASSIST PEOPLE IN SPECIALIZED PROFESSIONAL AND PERSONAL ACTIVITIES 76
FIGURE 27 BIOSENSOR MARKET FOR SENSOR PATCH IN NORTH AMERICA HOLDS LARGEST SHARE 77
TABLE 8 BIOSENSORS MARKET FOR SENSOR PATCH, BY REGION,
2017–2020 (USD MILLION) 77
TABLE 9 BIOSENSORS MARKET FOR SENSOR PATCH, BY REGION,
2021–2026 (USD MILLION) 77
6.3 EMBEDDED DEVICE 78
6.3.1 THEY DETECT BROAD SPECTRUM OF BIOLOGICAL ANALYTES AND SHOW GREATER RESPONSES AND SUCCESS RATES IN MEDICAL LABORATORIES AND FOOD BIOANALYSES 78
TABLE 10 BIOSENSORS MARKET FOR EMBEDDED DEVICE, BY REGION,
2017–2020 (USD BILLION) 78
TABLE 11 BIOSENSORS MARKET FOR EMBEDDED DEVICE, BY REGION,
2021–2026 (USD BILLION) 78
7 BIOSENSORS MARKET, BY PRODUCT 79
7.1 INTRODUCTION 80
FIGURE 28 MARKET FOR WEARABLE BIOSENSORS IS EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD 80
TABLE 12 BIOSENSORS MARKET, BY PRODUCT, 2017–2020 (USD BILLION) 80
TABLE 13 BIOSENSORS MARKET, BY PRODUCT, 2021–2026 (USD BILLION) 80
TABLE 14 BIOSENSORS MARKET, BY PRODUCT, 2020–2026 (MILLION UNITS) 81
7.2 WEARABLE BIOSENSORS 81
FIGURE 29 WEARABLE BIOSENSORS MARKET IN APAC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 82
TABLE 15 WEARABLE BIOSENSORS MARKET, BY REGION, 2017–2020 (USD BILLION) 82
TABLE 16 WEARABLE BIOSENSORS MARKET, BY REGION, 2021–2026 (USD BILLION) 82
TABLE 17 WEARABLE BIOSENSORS MARKET, BY TECHNOLOGY, 2017–2020 (USD BILLION) 83
TABLE 18 WEARABLE BIOSENSORS MARKET, BY TECHNOLOGY, 2021–2026 (USD BILLION) 83
7.2.1 WRISTWEAR 83
7.2.1.1 Offer real-time health and fitness tracking and monitoring 83
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7.2.2 EYEWEAR 83
7.2.2.1 Smart glasses and smart lenses to have significant presence in market in coming years 83
7.2.3 FOOTWEAR 84
7.2.3.1 Help in monitoring kilometer run, calories burned, workout hours, blood pressure, and other fitness- and health-related data 84
7.2.4 NECKWEAR 84
7.2.4.1 Trendy devices that can help monitor fitness 84
7.2.5 BODYWEAR 84
7.2.5.1 Have potential to equip clothes used for daily wear with smart capabilities, making detection of body movements possible 84
7.2.6 OTHERS 85
TABLE 19 WEARABLE BIOSENSORS MARKET, BY PRODUCT, 2017–2020 (USD BILLION) 85
TABLE 20 WEARABLE BIOSENSORS MARKET, BY PRODUCT, 2021–2026 (USD BILLION) 85
7.3 NON-WEARABLE BIOSENSORS 86
7.3.1 OFFER REAL-TIME ON-SITE MONITORING OF PRODUCTION PROCESSES 86
TABLE 21 NON-WEARABLE BIOSENSORS MARKET, BY REGION,
2017–2020 (USD BILLION) 86
TABLE 22 NON-WEARABLE BIOSENSORS MARKET, BY REGION,
2021–2026 (USD BILLION) 86
TABLE 23 NON-WEARABLE BIOSENSORS MARKET, BY TECHNOLOGY,
2017–2020 (USD BILLION) 86
TABLE 24 NON-WEARABLE BIOSENSORS MARKET, BY TECHNOLOGY,
2021–2026 (USD BILLION) 87
7.4 IMPACT OF COVID-19 87
8 BIOSENSORS MARKET, BY TECHNOLOGY 88
8.1 INTRODUCTION 89
FIGURE 30 BIOSENSORS MARKET FOR ELECTROCHEMICAL TECHNOLOGY TO HOLD LARGEST SHARE IN 2026 89
TABLE 25 BIOSENSORS MARKET, BY TECHNOLOGY, 2017–2020 (USD BILLION) 89
TABLE 26 BIOSENSORS MARKET, BY TECHNOLOGY, 2021–2026 (USD BILLION) 90
8.2 ELECTROCHEMICAL BIOSENSORS 90
TABLE 27 BIOSENSORS MARKET FOR ELECTROCHEMICAL TECHNOLOGY,
BY PRODUCT, 2017–2020 (USD BILLION) 91
TABLE 28 BIOSENSORS MARKET FOR ELECTROCHEMICAL TECHNOLOGY,
BY PRODUCT, 2021–2026 (USD BILLION) 91
8.2.1 AMPEROMETRIC SENSORS 91
8.2.1.1 Blood glucose sensors 91
8.2.1.1.1 Suitable for medical devices for monitoring blood glucose 91
TABLE 29 GLUCOSE SENSORS AND DEVICES APPROVED BY FDA DURING 2019–2020 92
8.2.2 POTENTIOMETRIC SENSORS 92
8.2.2.1 Immunosensors 92
8.2.2.1.1 Enable label-free detection and quantification of immune complex 92
8.2.3 CONDUCTOMETRIC SENSORS 93
8.2.3.1 Conductometric devices can be used to study enzymatic reactions and for practical applications, including drug detection in human urine and pollutant detection in environmental testing 93
8.3 OPTICAL BIOSENSORS 93
FIGURE 31 OPTICAL TECHNOLOGY FOR WEARABLE DEVICES IS EXPECTED TO EXPERIENCE HIGHEST GROWTH RATE IN BIOSENSORS MARKET DURING FORECAST PERIOD 94
TABLE 30 BIOSENSORS MARKET FOR OPTICAL TECHNOLOGY, BY PRODUCT,
2017–2020 (USD BILLION) 94
TABLE 31 BIOSENSORS MARKET FOR OPTICAL TECHNOLOGY, BY PRODUCT,
2021–2026 (USD BILLION) 94
8.3.1 SPR 95
8.3.1.1 Measure interactions in real-time with high sensitivity and without needing labels 95
8.3.2 COLORIMETRIC BIOSENSORS 95
8.3.2.1 Used in various applications, such as detection and identification of virulence activities 95
8.3.3 FLUORESCENCE BIOSENSORS 95
8.3.3.1 Provide better sensitivities and specificities, as well as ease of labeling, while detection 95
8.4 PIEZOELECTRIC BIOSENSORS 96
TABLE 32 BIOSENSORS MARKET FOR PIEZOELECTRIC TECHNOLOGY, BY PRODUCT, 2017–2020 (USD BILLION) 96
TABLE 33 BIOSENSORS MARKET FOR PIEZOELECTRIC TECHNOLOGY, BY PRODUCT, 2021–2026 (USD BILLION) 96
8.4.1 ACOUSTIC BIOSENSORS 96
8.4.1.1 Monitor changes in physical properties of acoustic waves in response to measurand 96
8.4.2 MICROCANTILEVER BIOSENSORS 97
8.4.2.1 Promising tool for detecting biomolecular interactions with improved accuracy 97
8.5 THERMAL BIOSENSORS 97
8.5.1 DO NOT REQUIRE FREQUENT RECALIBRATION AND ARE INSENSITIVE TO OPTICAL AND ELECTROCHEMICAL PROPERTIES OF SAMPLE 97
TABLE 34 BIOSENSORS MARKET FOR THERMAL TECHNOLOGY, BY PRODUCT,
2017–2020 (USD BILLION) 97
TABLE 35 BIOSENSORS MARKET FOR THERMAL TECHNOLOGY, BY PRODUCT,
2021–2026 (USD BILLION) 98
8.6 NANOMECHANICAL BIOSENSORS 98
8.6.1 HAVE ABILITY TO PERFORM RAPID, SENSITIVE, AND SELECTIVE DETECTION OF BIOLOGICAL AND BIOCHEMICAL ENTITIES 98
TABLE 36 BIOSENSORS MARKET FOR NANOMECHANICAL TECHNOLOGY, BY PRODUCT, 2017–2020 (USD BILLION) 98
TABLE 37 BIOSENSORS MARKET FOR NANOMECHANICAL TECHNOLOGY, BY PRODUCT, 2021–2026 (USD BILLION) 99
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9 BIOSENSORS MARKET, BY COMPONENT 100
9.1 INTRODUCTION 100
9.2 BIORECEPTOR MOLECULES 100
9.2.1 PRESENTLY, ANTIBODIES AND PROTEINS ARE ALSO USED AS BIORECEPTOR MOLECULES IN BIOSENSORS 100
9.3 BIOLOGICAL ELEMENT 100
9.3.1 BIOLOGICAL ELEMENTS ARE MATERIALS RELATED TO BIOMOLECULES 100
9.4 TRANSDUCER 100
9.4.1 TRANSDUCER IS MOST IMPORTANT COMPONENT OF BIOSENSORS,
IT COVERTS BIOCHEMICAL ACTIVITIES INTO ELECTRICAL SIGNALS 100
10 BIOSENSORS MARKET, BY APPLICATION 101
10.1 INTRODUCTION 102
FIGURE 32 POINT OF CARE APPLICATIONS HELD LARGEST MARKET SHARE OF BIOSENSORS MARKET IN 2021 102
TABLE 38 BIOSENSORS MARKET, BY APPLICATION, 2017–2020 (USD MILLION) 102
TABLE 39 BIOSENSORS MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 103
10.2 POC 103
TABLE 40 BIOSENSORS MARKET FOR POC APPLICATION, BY TYPE,
2017–2020 (USD BILLION) 104
TABLE 41 BIOSENSORS MARKET FOR POC APPLICATION, BY TYPE,
2021–2026 (USD BILLION) 104
TABLE 42 BIOSENSORS MARKET FOR POC APPLICATION, BY REGION,
2017–2020 (USD BILLION) 105
TABLE 43 BIOSENSORS MARKET FOR POC APPLICATION, BY REGION,
2021–2026 (USD BILLION) 105
10.2.1 GLUCOSE MONITORING 105
10.2.1.1 Rising prevalence of diabetes worldwide, technological advancements in self-monitoring of blood glucose, and growing awareness about PoC testing 105
TABLE 44 BIOSENSORS MARKET FOR GLUCOSE MONITORING FOR POC APPLICATION, BY REGION, 2017–2020 (USD BILLION) 106
TABLE 45 BIOSENSORS MARKET FOR GLUCOSE MONITORING FOR POC APPLICATION, BY REGION, 2021–2026 (USD BILLION) 106
10.2.2 CARDIAC MARKER 106
10.2.2.1 Sedentary urban lifestyles causing increase in cardiovascular diseases 106
TABLE 46 BIOSENSORS MARKET FOR CARDIAC MARKER FOR POC APPLICATION,
BY REGION, 2017–2020 (USD MILLION) 107
TABLE 47 BIOSENSORS MARKET FOR CARDIAC MARKER FOR POC APPLICATION,
BY REGION, 2021–2026 (USD MILLION) 107
10.2.3 INFECTIOUS DISEASE DETECTION 107
10.2.3.1 Detection of toxins, bacteria, and viruses in variety of physiological and environmental matrices 107
FIGURE 33 INFECTIOUS DISEASE DETECTION OF POC APPLICATION HOLDS LARGEST MARKET SHARE ACROSS NORTH AMERICA DURING FORECAST PERIOD 108
TABLE 48 BIOSENSORS MARKET FOR INFECTIOUS DISEASE DETECTION FOR POC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 108
TABLE 49 BIOSENSORS MARKET FOR INFECTIOUS DISEASE DETECTION FOR POC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 108
10.2.4 COAGULATION MONITORING 109
10.2.4.1 Growing use of anticoagulant therapy, coupled with adoption of self-testing kits for use at home 109
TABLE 50 BIOSENSORS MARKET FOR COAGULATION MONITORING FOR POC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 109
TABLE 51 BIOSENSORS MARKET FOR COAGULATION MONITORING FOR POC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 109
10.2.5 PREGNANCY TESTING 110
10.2.5.1 Growing preference of women for confidentiality and accessibility of test results 110
TABLE 52 BIOSENSORS MARKET FOR PREGNANCY TESTING FOR POC APPLICATION,
BY REGION, 2017–2020 (USD MILLION) 110
TABLE 53 BIOSENSORS MARKET FOR PREGNANCY TESTING FOR POC APPLICATION,
BY REGION, 2021–2026 (USD MILLION) 110
10.2.6 BLOOD GAS & ELECTROLYTE DETECTION 111
10.2.6.1 Growing global aging population is significantly driving growth of market 111
TABLE 54 BIOSENSORS MARKET FOR BLOOD GAS & ELECTROLYTE DETECTION FOR POC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 111
TABLE 55 BIOSENSORS MARKET FOR BLOOD GAS & ELECTROLYTE DETECTION FOR POC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 111
10.2.7 DETECTION OF TUMOR OR CANCER MARKER 111
10.2.7.1 Increasing number of people suffering from cancer and growth in investments in cancer research 111
TABLE 56 BIOSENSORS MARKET FOR TUMOR OR CANCER MARKER FOR POC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 112
TABLE 57 BIOSENSORS MARKET FOR TUMOR OR CANCER MARKER FOR POC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 112
10.2.8 URINALYSIS TESTING 112
10.2.8.1 Rising number of urinary tract infections among individuals 112
TABLE 58 BIOSENSORS MARKET FOR URINALYSIS TESTING FOR POC APPLICATION,
BY REGION, 2017–2020 (USD MILLION) 113
TABLE 59 BIOSENSORS MARKET FOR URINALYSIS TESTING FOR POC APPLICATION,
BY REGION, 2021–2026 (USD MILLION) 113
10.2.9 CHOLESTEROL TESTING 113
10.2.9.1 Increasing prevalence of CVDs due to aging and obese population 113
TABLE 60 BIOSENSORS MARKET FOR CHOLESTEROL TESTING FOR POC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 114
TABLE 61 BIOSENSORS MARKET FOR CHOLESTEROL TESTING FOR POC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 114
10.3 HOME DIAGNOSTICS 114
TABLE 62 BIOSENSORS MARKET FOR HOME DIAGNOSTICS APPLICATION, BY TYPE, 2017–2020 (USD MILLION) 114
TABLE 63 BIOSENSORS MARKET FOR HOME DIAGNOSTICS APPLICATION, BY TYPE, 2021–2026 (USD MILLION) 115
FIGURE 34 BIOSENSORS MARKET FOR HOME DIAGNOSTIC APPLICATIONS IN APAC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 115
TABLE 64 BIOSENSORS MARKET FOR HOME DIAGNOSTICS APPLICATION, BY REGION. 2017–2020 (USD BILLION) 115
TABLE 65 BIOSENSORS MARKET FOR HOME DIAGNOSTICS APPLICATION, BY REGION, 2021–2026 (USD BILLION) 116
10.3.1 GLUCOSE MONITORING 116
10.3.1.1 Growing preference for self-monitoring blood glucose devices 116
TABLE 66 BIOSENSORS MARKET FOR GLUCOSE MONITORING FOR HOME DIAGNOSTICS APPLICATION, BY REGION, 2017–2020 (USD BILLION) 116
TABLE 67 BIOSENSORS MARKET FOR GLUCOSE MONITORING FOR HOME DIAGNOSTICS APPLICATION, BY REGION, 2021–2026 (USD BILLION) 117
10.3.2 PREGNANCY TESTING 117
10.3.2.1 Need for portable and user-friendly pregnancy testing devices 117
TABLE 68 BIOSENSORS MARKET FOR PREGNANCY TESTING FOR HOME DIAGNOSTIC APPLICATION, BY REGION, 2017–2020 (USD MILLION) 117
TABLE 69 BIOSENSORS MARKET FOR PREGNANCY TESTING FOR HOME DIAGNOSTIC APPLICATION, BY REGION, 2021–2026 (USD MILLION) 118
10.3.3 CHOLESTEROL TESTING 118
10.3.3.1 Growth of diseases due to increased cholesterol levels in individuals 118
TABLE 70 BIOSENSORS MARKET FOR CHOLESTEROL TESTING FOR HOME DIAGNOSTICS APPLICATION, BY REGION, 2017–2020 (USD MILLION) 118
TABLE 71 BIOSENSORS MARKET FOR CHOLESTEROL TESTING FOR HOME DIAGNOSTICS APPLICATION, BY REGION, 2021–2026 (USD MILLION) 119
10.4 RESEARCH LABS 119
10.4.1 NEED FOR BIOSENSOR-BASED PRODUCT DEVELOPMENT FOR EARLY MONITORING OF DISEASES 119
TABLE 72 BIOSENSORS MARKET FOR RESEARCH LAB APPLICATION, BY REGION, 2017–2020 (USD BILLION) 119
TABLE 73 BIOSENSORS MARKET FOR RESEARCH LAB APPLICATION, BY REGION, 2021–2026 (USD BILLION) 120
10.5 ENVIRONMENTAL MONITORING 120
10.5.1 DETECTION OF CONTAMINANTS IN COMPLEX MATRICES WITH SEVERAL ADVANTAGES TO ENHANCE MARKET GROWTH 120
TABLE 74 BIOSENSORS MARKET FOR ENVIRONMENTAL MONITORING APPLICATION,
BY REGION, 2017–2020 (USD BILLION) 121
TABLE 75 BIOSENSORS MARKET FOR ENVIRONMENTAL MONITORING APPLICATION,
BY REGION, 2021–2026 (USD BILLION) 121
10.6 FOOD & BEVERAGES 121
10.6.1 BIOSENSORS ARE USED FOR PATHOGEN DETECTION AND ARE HELPING TO MEET STRINGENT FOOD STANDARDS 121
TABLE 76 BIOSENSORS MARKET FOR FOOD & BEVERAGES APPLICATION, BY REGION, 2017–2020 (USD BILLION) 122
TABLE 77 BIOSENSORS MARKET FOR FOOD & BEVERAGES APPLICATION, BY REGION, 2021–2026 (USD BILLION) 122
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10.7 BIODEFENSE 122
10.7.1 USE OF BIOSENSORS TO DETECT MICROBIAL PATHOGENS DURING BIOLOGICAL WARFARE 122
TABLE 78 BIOSENSORS MARKET FOR BIODEFENSE APPLICATION, BY REGION,
2017–2020 (USD MILLION) 123
TABLE 79 BIOSENSORS MARKET FOR BIODEFENSE APPLICATION, BY REGION,
2021–2026 (USD MILLION) 123
11 GEOGRAPHIC ANALYSIS 124
11.1 INTRODUCTION 125
FIGURE 35 NORTH AMERICA HOLDS LARGEST SHARE OF BIOSENSORS MARKET 125
TABLE 80 BIOSENSORS MARKET BY REGION, 2017–2020 (USD BILLION) 125
TABLE 81 BIOSENSORS MARKET BY REGION, 2021–2026 (USD BILLION) 126
11.2 NORTH AMERICA 126
FIGURE 36 SNAPSHOT: BIOSENSORS MARKET IN NORTH AMERICA 127
TABLE 82 BIOSENSORS MARKET IN NORTH AMERICA, BY APPLICATION,
2017–2020 (USD BILLION) 128
TABLE 83 BIOSENSORS MARKET IN NORTH AMERICA, BY APPLICATION,
2021–2026 (USD BILLION) 128
TABLE 84 BIOSENSORS MARKET IN NORTH AMERICA, BY POC APPLICATION,
2017–2020 (USD BILLION) 128
TABLE 85 BIOSENSORS MARKET IN NORTH AMERICA, BY POC APPLICATION,
2021–2026 (USD BILLION) 129
TABLE 86 BIOSENSORS MARKET IN NORTH AMERICA, BY HOME DIAGNOSTICS APPLICATION, 2017–2020 (USD MILLION) 129
TABLE 87 BIOSENSORS MARKET IN NORTH AMERICA, BY HOME DIAGNOSTICS APPLICATION, 2021–2026 (USD MILLION) 129
TABLE 88 BIOSENSORS MARKET FOR NORTH AMERICA, BY TYPE,
2017–2020 (USD BILLION) 130
TABLE 89 BIOSENSORS MARKET FOR NORTH AMERICA, BY TYPE,
2021–2026 (USD BILLION) 130
TABLE 90 BIOSENSORS MARKET FOR NORTH AMERICA, BY PRODUCT,
2017–2020 (USD BILLION) 130
TABLE 91 BIOSENSORS MARKET FOR NORTH AMERICA, BY PRODUCT,
2021–2026 (USD BILLION) 130
FIGURE 37 US HOLDS LARGEST SHARE OF BIOSENSORS MARKET 131
TABLE 92 BIOSENSORS MARKET IN NORTH AMERICA, BY COUNTRY,
2017–2020 (USD BILLION) 131
TABLE 93 BIOSENSORS MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2026 (USD BILLION) 131
11.2.1 US 132
11.2.1.1 Presence of key players that offer biosensor-based PoC applications in US 132
11.2.2 CANADA 132
11.2.2.1 Increasing government support likely to escalate growth of biosensors market in Canada 132
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11.2.3 MEXICO 132
11.2.3.1 Use of biosensors to detect cardiovascular disorders propels market growth in Mexico 132
11.3 EUROPE 133
FIGURE 38 SNAPSHOT: BIOSENSORS MARKET IN EUROPE 134
TABLE 94 BIOSENSORS MARKET IN EUROPE, BY APPLICATION,
2017–2020 (USD BILLION) 135
TABLE 95 BIOSENSORS MARKET IN EUROPE, BY APPLICATION,
2021–2026 (USD BILLION) 135
TABLE 96 BIOSENSORS MARKET IN EUROPE, BY POC APPLICATION,
2017–2020 (USD MILLION) 135
TABLE 97 BIOSENSORS MARKET IN EUROPE, BY POC APPLICATION,
2021–2026 (USD MILLION) 136
TABLE 98 BIOSENSORS MARKET IN EUROPE, BY HOME DIAGNOSTICS APPLICATION, 2017–2020 (USD MILLION) 136
TABLE 99 BIOSENSORS MARKET IN EUROPE, BY HOME DIAGNOSTICS APPLICATION, 2021–2026 (USD MILLION) 136
TABLE 100 BIOSENSORS MARKET IN EUROPE, BY TYPE, 2017–2020 (USD BILLION) 137
TABLE 101 BIOSENSORS MARKET IN EUROPE, BY TYPE, 2021–2026 (USD BILLION) 137
TABLE 102 BIOSENSORS MARKET IN EUROPE, BY PRODUCT, 2017–2020 (USD BILLION) 137
TABLE 103 BIOSENSORS MARKET IN EUROPE, BY PRODUCT, 2021–2026 (USD BILLION) 137
TABLE 104 BIOSENSORS MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD BILLION) 138
TABLE 105 BIOSENSORS MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD BILLION) 138
11.3.1 GERMANY 138
11.3.1.1 Monitoring of chronic diseases to escalate biosensors market growth 138
11.3.2 FRANCE 138
11.3.2.1 Technological advancements in healthcare systems drive growth of market in France 138
11.3.3 UK 139
11.3.3.1 Rising cardiac diseases and aging population are factors driving market growth in UK 139
11.3.4 ITALY 139
11.3.4.1 Growing private sector results in increasing demand for biosensors for various applications 139
11.3.5 REST OF EUROPE 139
11.4 APAC 140
FIGURE 39 SNAPSHOT OF BIOSENSORS MARKET IN APAC 141
TABLE 106 BIOSENSORS MARKET IN APAC, BY APPLICATION,
2017–2020 (USD BILLION) 142
TABLE 107 BIOSENSORS MARKET IN APAC, BY APPLICATION,
2021–2026 (USD BILLION) 142
TABLE 108 BIOSENSORS MARKET IN APAC, BY POC APPLICATION,
2017–2020 (USD MILLION) 142
TABLE 109 BIOSENSORS MARKET IN APAC, BY POC APPLICATION,
2021–2026 (USD MILLION) 143
TABLE 110 BIOSENSORS MARKET IN APAC, BY HOME DIAGNOSTICS APPLICATION, 2017–2020 (USD MILLION) 143
TABLE 111 BIOSENSORS MARKET IN APAC, BY HOME DIAGNOSTICS APPLICATION, 2021–2026 (USD MILLION) 143
TABLE 112 BIOSENSORS MARKET IN APAC, BY TYPE, 2017–2020 (USD BILLION) 144
TABLE 113 BIOSENSORS MARKET IN APAC, BY TYPE, 2021–2026 (USD BILLION) 144
TABLE 114 BIOSENSORS MARKET IN APAC, BY PRODUCT, 2017–2020 (USD BILLION) 144
TABLE 115 BIOSENSORS MARKET IN APAC, BY PRODUCT, 2021–2026 (USD BILLION) 144
FIGURE 40 BIOSENSORS MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 145
TABLE 116 BIOSENSORS MARKET IN APAC, BY COUNTRY, 2017–2020 (USD BILLION) 145
TABLE 117 BIOSENSORS MARKET IN APAC, BY COUNTRY, 2021–2026 (USD BILLION) 145
11.4.1 CHINA 146
11.4.1.1 Government initiatives toward creating better healthcare products and services likely to propel biosensors market growth in China 146
11.4.2 JAPAN 146
11.4.2.1 Increase in standard of living, rise in health awareness, and surge in aging population are key factors driving growth of biosensors market in Japan 146
11.4.3 INDIA 146
11.4.3.1 Growing population in India escalates demand for biosensors for healthcare services 146
11.4.4 REST OF APAC 146
11.5 ROW 147
TABLE 118 BIOSENSORS MARKET IN ROW, BY APPLICATION,
2017–2020 (USD MILLION) 147
TABLE 119 BIOSENSORS MARKET IN ROW, BY APPLICATION,
2021–2026 (USD MILLION) 147
TABLE 120 BIOSENSORS MARKET IN ROW, BY POC APPLICATION,
2017–2020 (USD MILLION) 148
TABLE 121 BIOSENSORS MARKET IN ROW, BY POC APPLICATION,
2021–2026 (USD MILLION) 148
TABLE 122 BIOSENSORS MARKET IN ROW, BY HOME DIAGNOSTICS APPLICATION, 2017–2020 (USD MILLION) 148
TABLE 123 BIOSENSORS MARKET IN ROW, BY HOME DIAGNOSTICS APPLICATION, 2021–2026 (USD MILLION) 149
TABLE 124 BIOSENSORS MARKET IN ROW, BY TYPE, 2017–2020 (USD BILLION) 149
TABLE 125 BIOSENSORS MARKET IN ROW, BY TYPE, 2021–2026 (USD BILLION) 149
TABLE 126 BIOSENSORS MARKET IN ROW, BY PRODUCT, 2017–2020 (USD BILLION) 149
TABLE 127 BIOSENSORS MARKET IN ROW, BY PRODUCT, 2021–2026 (USD BILLION) 150
TABLE 128 BIOSENSORS MARKET IN ROW, BY COUNTRY, 2017–2020 (USD BILLION) 150
TABLE 129 BIOSENSORS MARKET IN ROW, BY COUNTRY, 2021–2026 (USD BILLION) 150
11.5.1 SOUTH AMERICA 150
11.5.1.1 Growing environment-related concerns have boosted adoption of biosensors for environmental monitoring applications in South America 150
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11.5.2 MIDDLE EAST AND AFRICA 151
11.5.2.1 Significant government support and financial support from global firms for adoption of POC testing kits will drive market for biosensors across Middle East and Africa 151
11.6 IMPACT OF COVID-19 151
12 COMPETITIVE LANDSCAPE 152
12.1 OVERVIEW 152
12.2 MARKET EVALUATION FRAMEWORK 152
TABLE 130 OVERVIEW OF STRATEGIES DEPLOYED BY KEY BIOSENSORS PLAYERS 152
12.2.1 PRODUCT PORTFOLIO 153
12.2.2 REGIONAL FOCUS 153
12.2.3 MANUFACTURING FOOTPRINT 153
12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 153
12.3 REVENUE ANALYSIS OF LEADING PLAYERS (2016–2020) 153
FIGURE 41 FIVE YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN BIOSENSORS MARKET 153
12.4 MARKET SHARE ANALYSIS: BIOSENSORS MARKET, 2020 154
TABLE 131 DEGREE OF COMPETITION 154
12.5 COMPANY EVALUATION MATRIX 156
12.5.1 STAR 156
12.5.2 EMERGING LEADER 156
12.5.3 PERVASIVE 156
12.5.4 PARTICIPANT 156
FIGURE 42 COMPANY EVALUATION MATRIX, 2020 157
12.6 STARTUP EVALUATION MATRIX 158
TABLE 132 LIST OF STARTUP COMPANIES IN BIOSENSORS MARKET 158
12.6.1 PROGRESSIVE COMPANY 159
12.6.2 RESPONSIVE COMPANY 159
12.6.3 DYNAMIC COMPANY 159
12.6.4 STARTING BLOCK 160
FIGURE 43 STARTUP (SME) EVALUATION MATRIX, 2020 160
12.7 COMPANY PRODUCT FOOTPRINT 161
TABLE 133 COMPANY PRODUCT FOOTPRINT 161
TABLE 134 FOOTPRINT OF DIFFERENT SENSOR TYPES BY DIFFERENT COMPANIES 162
TABLE 135 FOOTPRINT OF DIFFERENT COMPANIES ACROSS DIFFERENT APPLICATIONS 163
TABLE 136 REGIONAL FOOTPRINT OF DIFFERENT COMPANIES 164
12.8 COMPETITIVE SITUATIONS AND TRENDS 165
12.8.1 PRODUCT LAUNCHES AND DEVELOPMENTS 165
TABLE 137 PRODUCT LAUNCHES AND DEVELOPMENTS