LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global biosensors in life sciences market size and it is poised to grow by USD 2.32 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agilent Technologies Inc., Applied Microarrays Inc., BIOLAN MICROBIOSENSORES SL, Bio-Rad Laboratories Inc., CapSenze HB, Cardea Bio, DuPont de Nemours Inc., Oxford Molecular Biosensors, Sartorius AG, and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The advantages of biosensors in drug analysis has been instrumental in driving the growth of the market. However, the limitations associated with biosensors might hamper market growth.
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Biosensors in Life Sciences Market 2020-2024: Segmentation
Biosensors in Life Sciences Market is segmented as below:
-
Application
- Pharmacology
- Food And Beverage Safety Testing
- Other Applications
-
Geographic Landscape
- North America
- Europe
- Asia
- ROW
Biosensors in Life Sciences Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The biosensors in life sciences market report covers the following areas:
- Biosensors in Life Sciences Market Size
- Biosensors in Life Sciences Market Trends
- Biosensors in Life Sciences Market Industry Analysis
This study identifies the increasing demand for rapid detection methods for identifying foodborne pathogens as one of the prime reasons driving the Biosensors in Life Sciences Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Biosensors in Life Sciences Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist biosensors in life sciences market growth during the next five years
- Estimation of the biosensors in life sciences market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the biosensors in life sciences market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of biosensors in life sciences market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Pharmacology - Market size and forecast 2019-2024
- Food and beverage safety testing - Market size and forecast 2019-2024
- Other applications - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Agilent Technologies Inc.
- Applied Microarrays Inc.
- BIOLAN MICROBIOSENSORES SL
- Bio-Rad Laboratories Inc.
- CapSenze HB
- Cardea Bio
- DuPont de Nemours Inc.
- Oxford Molecular Biosensors
- Sartorius AG
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
