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US Biosensors Market Report 2022-2027: Technological Advancements and Increasing Application of Biosensors Driving 11.58% Growth -

By Business Wire

Business Wire
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DUBLIN--(BUSINESS WIRE)--The "US Biosensors Market (2022-2027) by Type, Product, Application, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The US Biosensors Market is estimated to be USD 6.49 Bn in 2022 and is projected to reach USD 11.22 Bn by 2027, growing at a CAGR of 11.58%.

Market Drivers

  • Technological Advancements and Increasing Application of Biosensors
  • Escalating Usage of Nanotechnology in Biophotonics Rising Geriatric Population

Market Segmentations

  • By Type, the market is classified into Electrochemical Biosensors, Nano Mechanical Biosensors, Optical Biosensors, Thermal Biosensors, and Piezoelectric Biosensors.
  • By Product, the market is classified into Wearable Biosensors and Non-Wearable Biosensors.
  • By Application, the market is classified into Biodefense, Environmental Monitoring, Food & Beverages, Home Diagnostics, Point of Care Testing, Research Labs, and Environmental Monitoring.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Biosensors Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Biosensors Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.2.1 Technical Issues and High Cost

4.3 Opportunities

4.3.1 High Growth Opportunity in the Wearable Device

4.3.2 Surge in R&D for Biotechnology

4.4 Challenges

4.4.1 Time Consumption in Government Regulation and Approval Cycles

5 Market Analysis

5.1 Regulatory Scenario

5.2 Porter's Five Forces Analysis

5.3 Impact of COVID-19

5.4 Ansoff Matrix Analysis

6 US Biosensors Market, By Type

6.1 Introduction

6.2 Electrochemical Biosensors

6.2.1 Amperometric Sensors

6.2.2 Potentiometric Sensors

6.2.3 Conductometric Sensors

6.3 Nano Mechanical Biosensors

6.4 Optical Biosensors

6.4.1 Colorimetric Biosensors

6.4.2 Fluorescence Biosensors

6.4.3 Surface Plasmon Resonance (SPR)

6.5 Thermal Biosensors

6.6 Piezoelectric Biosensors

6.6.1 Acoustic Biosensors

6.6.2 Microcantilever Biosensors

7 US Biosensors Market, By Product

7.1 Introduction

7.2 Wearable Biosensors

7.2.1 Wristwear

7.2.2 Eyewear

7.2.3 Footwear

7.2.4 Bodywear

7.2.5 Neckwear

7.3 Non-Wearable Biosensors

8 US Biosensors Market, By Application

8.1 Introduction

8.2 Biodefense

8.3 Environmental Monitoring

8.4 Food & Beverages

8.5 Home Diagnostics

8.5.1 Cholesterol Testing Kit

8.5.2 Glucose Monitoring Kit

8.5.3 Pregnancy Testing Kit

8.6 Point of Care Testing

8.6.1 Blood Gas & Electrolyte Detection

8.6.2 Cardiac Marker

8.6.3 Cholesterol Testing

8.6.4 Coagulation

9 Competitive Landscape

9.1 Competitive Quadrant

9.2 Market Share Analysis

9.3 Strategic Initiatives

9.3.1 M&A and Investments

9.3.2 Partnerships and Collaborations

9.3.3 Product Developments and Improvements

Companies Mentioned

  • Abbott Laboratories
  • Bayer AG
  • Bio-Rad Laboratories
  • Biosensors International Group
  • Cranfield Biotechnology Centre
  • Cytiva
  • Dexcom
  • Dupont Biosensor Materials
  • EG & IC Sensors Inc
  • Ercon Inc
  • General Electric
  • Innovative Biosensors Inc
  • Johnson & Johnson Inc
  • Lifescan
  • Masimo
  • Medtronic
  • Nova Biomedical
  • PHC Holdings Co. Ltd (Ascensia Diabetes Care Holdings AG)
  • Pinnacle Technologies Inc
  • Roche
  • Siemens
  • Strategic Diagnostics Inc
  • Sysmex Corp
  • Universal Biosensors

For more information about this report visit

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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First published on Wed, Jun 29, 2022

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