The North America Biosensors Market would witness market growth of 7.4% CAGR during the forecast period (2019-2025). The biosensing components of a biosensor can be categorized into two types, namely, affinity type and catalytic type. The catalytic type sensors consist of enzymes, organelles, microbes, cells, or tissues, whereas the affinity type may include receptors, antibodies, and nucleic acids. The catalytic activity of an enzyme enables lower limits of detection in comparison to common binding techniques. The use of affinity binding receptors for biosensing has been subsequently configured into a fluorescent assay for measuring glucose in the relevant physiological range. North America is expected to hold the largest size of the biosensor market over the forecast period. POC diagnostics is growing at a rapid rate in the application for biosensors in North America. The growth is attributed to the increase in the addressable patient population.
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 U.S., Mexico, Canada, and Rest of North America.
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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