Global Healthcare Biosensors IoT Market size was valued over USD 17 billion in 2017 and is expected to witness growth of ~8% CAGR from 2018 to 2024.
Global Healthcare Biosensors IoT Market is driven by growing awareness regarding diabetes self-management has enabled integration of advanced technology in the glucometers driving the Global Healthcare Biosensors IoT Market growth. For instance, newly developed glucometers have embedded microchips that allows accurate and quick detection of sugar levels at home. Rising preference for such technology variant diabetic biosensors have boosted the industry growth significantly. As per WHO, number of diabetic patients globally in 2016 were around 422 million that have escalated demand for glucose biosensors.
Biosensors for measuring blood metabolites such as lactate, glucose, creatinine, and urea, using both optical and electrochemical modes of transduction, are being routinely used and commercially developed in the point of care testing, laboratories, and for self-testing in the case of glucose monitoring. Biosensors have applications in various segments in the healthcare industry.
Extended use of biosensors in various industries such as medical diagnostics, agricultural and food diagnostic industry has stimulated the demand for biosensors. Wide ranging applications of biosensors in diagnosis of various diseases such as diabetes, cholesterol, haemophilia will impact the industry demand positively. American population suffers from around 7000 rare diseases driving the demand for biosensors.
Market Segmentation
By Product Type
- Wearable
- Non-wearable
By Technology
- Electrochemical
- Optical
- Thermal
- Piezoelectric
- Others
By Application
- Blood glucose testing
- Cholesterol testing
- Blood gas analysis
- Pregnancy testing
- Drug Discovery
- Infectious disease testing
- Others
By End Use
- Point of care testing
- Home healthcare diagnostics
- Research laboratories
- Others
The above data will be provided for following regions/countries from 2013-2024 (USD Million)
- North America
o U.S.
o Canada
- Europe
o Germany
o UK
o France
o Spain
o Italy
- Asia Pacific
o China
o India
o Japan
o Australia
- Latin America
o Argentina
o Brazil
o Mexico
- Middle East and Africa
o South Africa
o Saudi Arabia
What information is covered in report?
- Actual market numbers from 2013-2017, estimates and forecasts from 2018 to 2024
- Detailed market segmentation and market share analysis of each segment
- Technology and regulatory landscape and reimbursement scenario
- Impact analysis of various drivers and trends
- Market segmentation and landscape
- Competitive landscape, 2017
For more information visit: https://www.maximizemarketresearch.com/market-report/global-healthcare-biosensors-iot-market/10631/
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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