Market Research Estimates Biosensors Market at $16.8 Billion by 2018
(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 03/19/12 -- MarketResearch.com has announced the addition of the new report "Biosensors - A Global Market Overview," to their collection of Electronics market reports. For more information, visit
An increase in the number of applications for biosensors developed or being developed has ensured that this technology follows a growth curve, leading to standardization of equipment, type of biomolecule, and test processes in the areas of drug discovery, bio-defense, environmental monitoring, and narcotic detection. These technological developments portray a healthy trend for up-and-coming markets, while in the case of existing markets with a high proportion of application, biosensors would continue to be employed for newer end uses, such as automotive and aerospace. The continual research and development efforts being undertaken would go a long way in making sure that biosensor technology would continue to evolve as the years come, with faster, more specific and high specialty applications.
Inline to the above mentioned trend, the growth for biosensors market is robust in emerging markets in Asia-Pacific with 11% CAGR (2008-2018) closely followed by 10.7% in highly developed market of the United States. Europe is the second largest, in terms of value, after the US with an estimated $2.6 billion in 2012. This report reviews, analyses and projects the Biosensors market for global and the regional markets including the United States, Europe, Japan, Asia-Pacific and Rest of World. The regional markets further analyzed for 4 more independent countries in Europe -- Germany, France, United Kingdom and Italy.
Market for Biosensors application areas analyzed in this study includes point-of-care testing, home diagnostics, environmental monitoring, research laboratories, process industry and security & bio-defense. The report analyses the global market in terms of USD Million. The global market for Biosensors in 2012 is estimated to touch US$8.5 billion and projected to reach US$16.8 billion by 2018.
For more information, visit
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit .
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Datum: 19.03.2012 - 08:08 Uhr
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