Global and China Biological Sensor Market Insights, Forecast to 2027

A biosensor is an analytical device, used for the detection of an analyze, it combines a biological component with a physicochemical detector. The sensitive biological element (e.g. tissue, microorganisms, organelles, cell receptors, enzymes, antibodies, nucleic acids, etc.) is a biologically derived material or biomimetic component that interacts (binds or recognizes) with the analyze under study. Biological engineering can also create the biologically sensitive elements. The transducer or the detector element (works in a physicochemical way; optical, piezoelectric, electrochemical, etc.) transforms the signal resulting from the interaction of the analyze with the biological element into another signal (i.e., transduces) that can be more easily measured and quantified. The biosensor reader device with the associated electronics or signal processors that are primarily responsible for the display of the results in a user-friendly way. This sometimes accounts for the most expensive part of the sensor device, however it is possible to generate a user friendly display that includes transducer and sensitive element (holographic sensor). The readers are usually custom-designed and manufactured to suit the different working principles of biosensors.
Market competition is intense. Abbott, Platinum Equity, Nova Biomedical, etc. are the leaders of the industry. Top 5 companies accounted for 0.4524 market share in 2019.

Market Analysis and Insights: Global and China Biological Sensor Market
This report focuses on global and China Biological Sensor market.
In 2020, the global Biological Sensor market size was US$ 22420 million and it is expected to reach US$ 42040 million by the end of 2027, with a CAGR of 9.4% during 2021-2027. In China the Biological Sensor market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Biological Sensor Scope and Market Size
Biological Sensor market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Biological Sensor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Biological Sensor market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Wearable
Non-Wearable

Segment by Application
POC Testing
Home Diagnostics
Research Laboratories
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Abbott
Platinum Equity
Nova Biomedical
Bayer
Roche
ARKRAY
Medtronic
B.Braun
Sinocare
Yicheng
Yuyue Medical