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Pulished Date February, 2020
ID: 9365
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North America Biosensors Market Segmented by Product Type, Technology, End-user, Application & Region - Industry Analysis on Size, Share, Trends, Growth & Forecast Report | 2020 - 2025

Pulished: February, 2020
ID: 9365
Pages: 95

North America Biosensors Market Size, Trends & Forecast (2020-2025)

The size and share of the North America Biosensor Market are anticipated to grow significantly over the forecast period, recording a CAGR of 8.9% during 2020 - 2025.

Biosensors are devices that are utilized to detect the presence or concentration of a biological analyte, like an anatomical structure or a microorganism. These Biosensors consist of three major parts, which includes a component for recognizing the analyte and produce a signal, a transducer of the message, and a reader device. And these reader devices connect through the associated electronics or signal processors which are primarily responsible for the display of the results in a user-friendly way.

These biosensors are the diagnostic and monitoring device that uses a living or a biological organism to detect the chemicals in samples and are also widely used for cerebrospinal testing, cholesterol testing, and parasites testing. The usage of biosensor technology is rising in North America owing to the technological advancements and broader application areas in various industries. Also, the high expenditure on the healthcare sector in North America by the governments is resulting in the growth of using biosensor devices extensively for accurate, reliable and quick results for early detection and prevention of diseases.

Recent Developments

  • Danaher Corporation has announced that the US Federal Trade Commission has accepted its proposed consent order in connection with their definitive agreement and General Electric Company for acquiring the Biopharma business of GE Life Sciences.  
  • Abbott Laboratories have won the approval from the US for its molecular test for the Coronavirus strain COVID-19, which will be used by hospitals and academic medical centers which are to speed up the diagnostic capabilities for the disease sweeping across the country. 

Drivers & Restraints of North America Biosensors Market:

Technological advancements of biosensor technology and increased usage of the biosensor in monitoring & diagnostic devices of the market are driving the North America biosensor market growth.

A factor that is anticipated to boost the growth of the target market in North America during the forecast period is the rising prevalence of chronic diseases, mainly diabetes.

Additionally, the growing aging population and technological development have to provide opportunities for the major players in the market to grow.

Market Segmentation & Sub-segmentation of North America Biosensors Market as per the research report:

  • Product Type: Non-wearable and Wearable.

  • Technological Aspect: Electrochemical, Piezoelectric, and Thermal & Optical. Among all these segments, electrochemical biosensors segment is dominating the market share with 33.5% share, and estimated to grow at a CAGR of 8.2% over the forecast period. But the Optical technology segment is the fastest-growing segment, which is recording a CAGR of 9.8 % during the forecast period. 

  • End User: Point of Care Testing, Home healthcare Diagnostics, Research Laboratories, Food Industry, and Others. And the point of care (POC) testing is further sub-segmented into glucose monitoring, cardiac markers, infectious diseases, coagulation monitoring, pregnancy & fertility testing, blood gas & electrolytes, tumor or cancer markers, urinalysis testing, cholesterol tests, and others. Among all these segments points of care (POC) is dominating the market with a protruding share.

  • Application: Medical Applications, Cholesterol Testing, Pregnancy Testing, Blood Gas Analyzer, Infectious Diseases, Agriculture, Environment, Food Toxicity, Blood Glucose Monitoring, and Others. The medical applications account for the prominent portion of the regional market in the coming years.

  • Region: US, Canada & rest of north america

The Key Players of the Biosensors market in North America includes 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.

Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Introduction           

                                5.1.2 Wearable 

                                5.1.3 Non-wearable       

                                5.1.4 Y-o-Y Growth Analysis        

                                5.1.5 Market Attractiveness Analysis      

                                5.1.6 Market Share Analysis        

                5.2 By Technology                          

                                5.2.1 Introduction           

                                5.2.2 Thermal   

                                5.2.3 Optical      

                                5.2.4 Electrochemical    

                                5.2.5 Other        

                                5.2.6 Y-o-Y Growth Analysis        

                                5.2.7 Market Attractiveness Analysis      

                                5.2.8 Market Share Analysis        

                5.3 By End-Use Industry               

                                5.3.1 Introduction           

                                5.3.2 PoC            

                                5.3.3 Food and Beverages           

                                5.3.4 Home Diagnostics

                                5.3.5 Others      

                                5.3.6 Y-o-Y Growth Analysis        

                                5.3.7 Market Attractiveness Analysis      

                                5.3.8 Market Share Analysis        

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By End-Use Industry

                                                6.1.3.4 By Technology

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By End-Use Industry

                                                6.1.4.4 By Technology

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By End-Use Industry

                                                6.1.4.4 By Technology

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

               

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leader Analysis                                           

                8.1 Abbott Laboratories               

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 AZUR Environmental                              

                8.3 Johnson & Johnson.               

                8.4 Bayer AG                     

                8.5  Biosensor BV                            

                8.6 Pinnacle Technologies                           

                8.7 Cranfield Biotechnology Centre                         

                8.8 Ercon, Inc.                   

                8.9 DuPont Biosensor Materials                

                8.10 EG & IC Sensors                     

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures           

 

  1. Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  2. The segment-level analysis in terms of by type, End-use, technology & Region, along with market size forecasts and estimations to detect key areas of industry growth in detail

  3. Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  4. Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  5. Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  6. A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  7. Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  8. An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  9. Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. North America Biosensors Market By Region, From 2019-2024 ( USD Billion )                                                        

  2. North America Biosensors Market By End-Use, From 2019-2024 ( USD Billion )                                                     

  3. North America PoC Market By Region, From 2019-2024 ( USD Billion )                                                     

  4. North America Food and Beverages Market By Region, From 2019-2024 ( USD Billion )                                                     

  5. North America Home Diagnostics Market By Region, From 2019-2024 ( USD Billion )                                                         

  6. North America Others Market By Region, From 2019-2024 ( USD Billion )                                                                                              

  7. North America Biosensors Market By Technology, From 2019-2024 ( USD Billion )                                                              

  8. North America Thermal  Market By Region, From 2019-2024 ( USD Billion )                                                           

  9. North America Optical Market By Region, From 2019-2024 ( USD Billion )                                               

  10. North America Electrochemical Market By Region, From 2019-2024 ( USD Billion )                                                                                                            

  11. North America Biosensors Market By Type, From 2019-2024 ( USD Billion )                                                            

  12. North America Wearable Market By Region, From 2019-2024 ( USD Billion )                                                          

  13. North America Non-Wearable Market By Region, From 2019-2024 ( USD Billion )                           

  14.  

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