The increasing shift towards digital sensors will fuel demand in the global Bio-Sensors market. The market has been witnessing the development of new technology. Fortune Business Insights has announced the publishing of a report, titled “Bio-sensors Market Size, Share and Global Trend by Technology (Thermal, Electrochemical, Piezoelectric, Optical), Application (Medical diagnostics, Food toxicity detection, Industrial process control, Environmental analysis, Agricultural testing), and Geography Forecast till 2025”. According to the report, the global Bio-Sensors market will reach US$125 Bn by 2024.
The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Bio-Sensors Market trends. The report is available for sale on the company website.
“Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Bio-Sensors market,” said a lead analyst at Fortune Business Insights.
Top Players List:
Biosensors International Group Ltd
Spectrum Dynamics Medical
Dynamic Biosensors GmbH
Biolan Microbiosensores, S.L.
ABTECH Scientific Inc.
The integration of smart digital sensors with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of AI is expected to boost the global market.
Major Segments Mentioned:
By Industry Vertical
On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Bio-Sensors market.
Regional Analysis for Bio-Sensors Market:
North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global Bio-Sensors market.
Major Table of Contents for Bio-Sensors Market:
Key Bio-Sensors Market Insights
Global Market Analysis, Insights and Forecast, 2015-2026
North America Market Analysis, Insights and Forecast, 2015-2026
Europe Market Analysis, Insights and Forecast, 2015-2026
Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
Latin America Market Analysis, Insights and Forecast, 2015-2026
Global Bio-Sensors Market Revenue Share Analysis, By Key Players, 2020
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