Biosensors and Nanosensors Global Market Report - A $43.5 Billion Market by 2028, Growing at a CAGR of 7.3% from 2023 to 2028

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Dec 22, 2023, 10:30 ET

DUBLIN, Dec. 22, 2023 /PRNewswire/ -- The "Biosensors and Nanosensors: Global Markets and Technologies" report has been added to ResearchAndMarkets.com's offering.

The global market for biosensors and nanosensors was valued at $28.7 billion in 2022 and is expected to reach $43.5 billion by 2028 growing at a CAGR of 7.3% from 2023 to 2028. North America accounts for the largest market share of the market, followed by Europe and Asia-Pacific. When segmented by technology, the global market's electrochemical biosensors subsegment holds the largest share, with 33.3%, followed by the MEMS and optoelectric biosensors subsegments. Key market participants include F. Hoffmann-La Roche AG, Abbott Laboratories Inc., Bayer AG, Honeywell International Inc., Medtronic Inc. and Dexcom Inc., among others.

Biosensors and nanosensors have broad applicability across many applications. Biosensors are used in analytical devices that combine biologically sensitive elements with a physical or chemical transducer to detect the presence of special compounds in an environment.

Biosensors are frequently associated with micro- and nanoscale sensors because the miniaturization increases the number of applications. For example, reducing the size of the sensor element to the scale of the target's physical area provides a higher sensitivity, and reduces reagent volumes and associated costs. In medical applications, miniaturized biosensors enable point-of-care diagnostics, multi-agent detection as well as the potential for use in in vitro as well as in vivo medical applications.

Nanosensors can be applied to chemical or mechanical applications. For example, they can be used to detect chemicals and gases for pollution monitoring or for medical diagnoses as blood-borne sensors or lab-on-a-chip devices. They can monitor physical parameters such as temperature, displacement, flow or act as accelerometers in a microelectromechanical systems (MEMS) device.

Nanosensors can be applied to biological or surgical requirements to detect and transfer nanoparticle information to other devices. They can also be used in the development of silicon computer chips or nanorobotics applications.

This report represents an in-depth analysis of the global market for biosensors and nanosensors by product type, technology, application and geography. The scope of the report includes an overview of the global market trends, with 2022 considered as the base year, as well as estimates for 2023 through 2028, with projections of CAGR across this forecast period.

The report also includes a discussion of technological, regulatory and competitive elements as well as the economic trends affecting the market. It also explains the major drivers and regional dynamics of the global market for biosensors and nanosensors and identifies the current trends within the industry. The report concludes with detailed profiles of the major vendors in the global market.

Market Dynamics

Market Drivers

Emergence of Nanotechnology-Based Biosensors
Increasing Miniaturization and Integration of Sensors for Wearable Devices
Surging Demand for Home-Based Point-of-care Devices

Market Restraints

Cost of Development and Manufacturing
Data Privacy and Security Concerns

Market Opportunities

Increasing Focus on Sustainability and Green Technologies
Increasing Integration with the Internet of Things (IoT)

The Report Includes

44 data tables and 20 additional tables
An overview of the global market landscape related to the biosensor and nanosensor technologies
In-depth analysis of the global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024, 2026, and 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
Evaluation of the current market size and revenue growth prospects specific to biosensor and nanosensor technologies, accompanied by a comprehensive market share analysis categorized by product type, technology, application, and geographical region
Detailed description about types of biosensor components i.e. biological and physical, basic characteristics and types of biosensors; and discussion on future of biosensors and nanosensors market with regulatory standards
An outlook of the ESG perspectives in the market for biosensors and nanosensors
Analysis of patents published on the biosensors and nanosensors
Overview of merger and acquisition (M&A) activities and venture fundings in the biosensors and nanosensors industry
Company profiles of the leading market participants

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Features of Biosensors
Biological Component of Biosensors
Physical Components of Biosensors
Basic Characteristics of a Biosensor
Biosensors for Specific Purposes
Biosensor and Nanosensor Manufacturing
Micromachining
Etching
Laser Microfabrication
Nanopatterning
Nanosensors
Future of Market for Biosensors and Nanosensors
Regulatory Standards
Value Chain Analysis
Porter's Five Forces Analysis
Assessment of the Impact of COVID-19 on the Market
Assessment of Russia-Ukraine War Impact on the Market

Chapter 4 Market Dynamics

Chapter 5 Emerging Technologies and Developments

Current Market Trends
Healthcare Dominance
Wearable Biosensors
Point-of-Care Testing
IoT Integration
Emerging Technologies
Graphene-Based Biosensors
Synthetic Biology and Genetic Engineering
Nanoparticles and Quantum Dots
Lab-on-a-Chip (LOC)
Microfluidics
AI and ML
3D Printing

Chapter 6 Market Breakdown by Product Type

Biosensors
Nanosensors
Background
Nanoparticles
Carbon Nanotubes
Graphene
Nanoribbons
Nanowires
Nanoceramics
Other Nanostructured Materials

Chapter 7 Market Breakdown by Technology

Electrochemical Biosensors
MEMS Biosensors
Optoelectric Biosensors
Thermistor Biosensors
IoT-Enabled Biosensors
Other Biosensors
Nanosensors
Nanochemical Sensors
Nanoforce Sensors
Nanobiosensors
Nanoradiation Sensors
Nanothermal Sensors

Chapter 8 Market Breakdown by Application

Healthcare
Environmental
Process Industries
Agriculture
Food Monitoring
Biodefense

Chapter 9 Market Breakdown by Region

Chapter 10 Environmental, Social, and Governance (ESG) Perspective

Chapter 11 Patent Analysis

Chapter 12 M&A and Funding Outlook

M&A Analysis
Funding of Start-ups in the Glucose Monitoring Field

Chapter 13 Competitive Landscape

Chapter 14 Company Profiles

Abbott Laboratories
Acon Laboratories
Analog Devices
Bayer
Contec Medical Systems
Dexcom
F. Hoffman-La Roche
Honeywell International
Hummingbird Diagnostics
I-Sens
Kionix
Lifescan
Medtronic
Memsic
Murata Manufacturing
NXP Semiconductors
Omron Industrial Automation
Optiscan Biomedical.
Sensonor
Siemens Healthcare
Silicon Designs
Silicon Sensing Systems
STMicroelectronics
Taidoc Technology
Texas Instruments
Trividia Health

For more information about this report visit https://www.researchandmarkets.com/r/505xsu

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