Asia Pacific Biosensors Market By Product (Non-wearable and Wearable), By Technology (Electrochemical, Piezoelectric and Thermal & Optical), By Application (Medical Applications, Agriculture, Environment, Food Toxicity and Others)

Analysis of Market Size & Trends

The Asia Pacific Biosensors Market would witness market growth of 10.9% CAGR during the forecast period (2019?2025).

Biosensor operates on the principle of signal transduction. The components include a bio-recognition element, a biotransducer and an electronic system composed of a display, processor, and amplifier. The bio-recognition element, essentially a bioreceptor, is allowed to interact with a specific analyte. The transducer measures this interaction and outputs a signal. The intensity of the signal output is proportional to the concentration of the analyte. Signals are then amplified and processed by the electronic system.

The escalating prevalence of diabetes is expected to positively fuel the biosensors industry growth over the forecast period. Rising awareness about self-management of diabetes facilitates the amalgamation of advanced technology in the glucometers, thereby driving market growth. For instance, novel glucometers contain embedded microchips that enable accurate and faster detection of blood glucose levels, even at home. The growing preference for such technology and availability of variant diabetic biosensors in the market will therefore boost the global biosensors industry growth.

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Based on Product, the market is segmented into Non-wearable and Wearable. Based on Technology, the market is segmented into Electrochemical, Piezoelectric and Thermal & Optical. Based on Application, the market is segmented into Medical Applications, Agriculture, Environment, Food Toxicity and Others. Medical Applications are further bifurcated into Blood Glucose Monitoring, Cholesterol Testing, Pregnancy Testing, Blood Gas Analyzer, Infectious Diseases and Others. Based on End User, the market is segmented into Point of care Testing, Home healthcare Diagnostics, Research Laboratories, Food Industry and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danaher Corporation, ABBOTT Laboratories, Siemens AG, AgaMatrix, Inc., BAYER AG, Johnson and Johnson, LIFESENSORS, Inc., Medtronic plc., Bio-Rad laboratories, Inc. and Analog Devices, Inc.

Scope of the Biosensors Market Analysis

Market Segmentation:

By Product

• Non-wearable
• Wearable

By Technology

• Electrochemical
• Piezoelectric
• Thermal & Optical

By End User

• Point of care Testing
• Home healthcare Diagnostics
• Research Laboratories
• Food Industry
• Others

By Application

• Medical Applications
  • Blood Glucose Monitoring
  • Cholesterol Testing
  • Pregnancy Testing
  • Blood Gas Analyzer
  • Infectious Diseases
  • Others
• Agriculture
• Environment
• Food Toxicity
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Companies Profiled

• Danaher Corporation
• ABBOTT Laboratories
• Siemens AG
• AGAMATRIX, INC.
• Bayer AG
• Johnson and Johnson
• LifeSensors, Inc.
• Medtronic Plc.
• Bio-Rad laboratories, Inc.
• Analog Devices, Inc.