The Europe Biosensors Market would witness market growth of 7.8% CAGR during the forecast period (2019?2025).
Technological advancements in biosensors technology will escalate the adoption rate of biosensors in the foreseeable future. The new biosensor technology delivers innovative, user-friendly and flexible products. This technology is being combined with internet-of-things, smartphones, and cloud computing among a few other technologies. The development and focus on the lab-on-a-chip model in biosensors is gaining pace for point-of-care diagnostics will positively influence biosensors market growth in the forthcoming years. Growing awareness regarding maintenance of a balanced and healthy lifestyle is accelerating demand for wearable biosensors, capable of monitoring various health parameters such as pulse rate, blood pressure, heartbeats, and others. In addition, wearable biosensors assist in measuring physiological and kinetic parameters in cases of multiple sclerosis, wherein patients suffer from walking impairment. Thus, increasing adoption of wearable biosensors along with growing chronic ailments will propel the industry growth
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Market Segmentation:
By Product
By Technology
By End User
By Application
By Country
Companies Profiled
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