The biological sensor has played a contributory and significant role in the field of healthcare and medical science industry. Moreover, biochemical and biological processes play an essential role in the area of biological sciences, medicine, and biotechnology. As it is very tough to change the biological information into electrical signals, therefore, biosensors have been launched to overcome those difficulties. In recent days, various devices and techniques have expanded the usage of biosensors. A biosensor is a self-contained integrated device that is capable of offering quantities and analytical information. Biosensors have their huge application in different areas which include biomedical industries, pharmaceutical, environmental monitoring, biotechnology, and diagnostic for health affiliated purposes. The main function of a biosensor is to observe, check, and keep a continuous track of bio molecular interactions in real time scenario. Growth in home diagnostics coupled with chronic health conditions of individuals fuels the growth of the biological sensors market during the forecast period.
Along with the increasing popularity of micro-fluidics, evolution in the field of nanotechnology makes the biological sensors market more demanding in recent years. Nanotechnology is anticipated to play a major role in biological sensor development, due to the unique mechanical, physical, optical, and magnetic properties of nanomaterials such as carbon nanotubes, graphene, nanowires, quantum dots, and gold nanoparticles. Additionally, use of biological sensors in a wide range of industries including healthcare, medical diagnostics, environmental monitoring, agriculture, and others further creates a high growth opportunity for the global biological sensors market in the near future. Moving forward, biological sensors used in sectors such as bio-molecular, microbial, and chemical detection are estimated to make a strong positive impact on the market in the coming years. Further down, expanding the use of biological sensors in POC or point-of-care testing coupled with a rising prevalence of chronic diseases are the key drivers for the growth of this market.
The biological sensors market in the report is segmented by industry which includes food, automotive, agriculture, medicine, and others. Moreover, on the basis of types, the market has been segmented as an electrochemical biosensor, amperometric biosensor, blood glucose biosensor, potentiometric biosensor, thermometric biosensor, fiber optic lactate biosensor, piezoelectric biosensor, and others. The global biological sensors market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East, and Africa and Latin America.
Among the other regions, the North-America region is expected to dominate the biological sensors market during the forecast period, owing to the increasing demand for POC testing coupled with rising number of healthcare infrastructure in the United States and Canada. Moving forward, large population base, favorable government initiatives, and constant upgradation in the healthcare systems in countries like China, India, Japan, and Australia further make the biological sensors market popular in the Asia-Pacific region.
However, lack of standardization and high cost of biological sensors, are likely to affect the growth of the global biological sensors market during the projection period.
Some of the major players in the global biological sensors market include LifeSensors Inc., LifeScan Inc., Cognex Corporation, Gamma Biologicals, Inc., GE Medical Systems and few others.
Global Biological Sensors Market: By Types
Global Biological Sensors Market: By Industry
Global Biological Sensors Market: By Geography