Global Biosensors Market to be Driven by the Rapid Technological Advancements in the Forecast Period of 2021-2026
The new report by EMR titled, ’Global Biosensors Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global biosensors market, assessing the market based on its segments like technologies, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2016-2026)

  • Historical Market Size (2020): USD 20 billion
  • Forecast CAGR (2021-2026): 8.2%


The biosensors market is being driven by the thriving medical and agriculture sectors. In agricultural applications, the rising demand for biosensors can be attributed to the increasing focus on the detection of pesticides, heavy metals, and herbicides in the ground and soil water. The increased risk of soil diseases is a growing concern for farmers. Therefore, biosensors are becoming necessary in the agriculture sector. Meanwhile, the rising application of the product in medical sector for the detection of cholesterol, infectious diseases, and blood glucose, among others is likely to provide an impetus to the market. The rising investments from IT companies like IBM and TCS towards enhancing the biosensor technology is expected to aid the market growth in the forecast period. In post-COVID days, as the various sectors recover from the negative impacts of the pandemic, the product is likely to witness a rise in demand, buttressed by the efforts of government.
Industry Definition and Major Segments
A biosensor is an analytical device which is used to detect the presence of chemicals. The device uses living organism or biological molecules, especially enzymes or antibodies for an efficient detection. The device combines a biological component with a physiochemical detector and is mainly used in the agricultural and medical field.

The biosensors market, on the basis of technology, can be segmented into:

  • Thermal
  • Electrochemical
  • Piezoelectric
  • Optical
  • Others


On the basis of application, the market can be categorised into:

  • Medical
  • Food Toxicity
  • Bioreactor
  • Agriculture
  • Environment
  • Others


Among these, the medical segment is further sub-divided into cholesterol, infectious disease, drug discovery, pregnancy testing, blood gas analyser, and blood glucose.
The regional markets for biosensors include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa


Among these, North America represents the largest biosensors market.
Market Trends
The rising prevalence of diabetes across the continents is likely to aid the market as the product can easily assess the health status along with blood glucose levels. Further, the growing incidences of infectious diseases is expected to further enhance the product demand. The increasing efforts by the governments of various nations to develop genomics and proteomics is likely to be another key trend bolstering the market growth in the forecast period. The rapid technological advancements and increasing investments by the key players to develop innovative solutions with latest features are anticipated to significantly contribute to the market growth.
Key Market Players
The major players in the market are Bayer AG, Biosensor International Ltd, Pinnacle Technologies Inc., and DuPont Biosensor Materials, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players. About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.


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