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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Global Biosensors Market share.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Global Biosensors Market share."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Global Biosensors Market share to grow at 8% CAGR from 2016 to 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The commercialization scale of Biosensors Market has been commendable since the development of the first oxygen biosensor by Lel and Clark back in 1962.  With the advent of tissue engineering, nanotechnology, and regenerative medicine, the application portfolio of the biosensors industry has expanded by multiple folds in the medical sector.  The growth is driven by the wide spectrum of biosensor applications in this sector comprising cholesterol monitoring, blood gas analyzer, blood glucose monitoring, drug discovery, and pregnancy testing.  As per International Diabetes Federation statistics, the diabetic population is estimated to reach 552 million in 2030 which is a rather drastic increase from 366 million in 2011.  As per the estimates, blood glucose monitoring segment of the medical biosensors industry is projected to surpass USD 15 billion by 2024.  Home healthcare segment is estimated to rank second in the end-use landscape of biosensors industry with an estimated CAGR of 8.5% over 2016-2024. Key Insights from Biosensors Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Being at the forefront pertaining to technological advancements, U.S. biosensors industry is projected to lead the global landscape over 2016-2024.  Besides technological developments, increasing prevalence of chronic ailments coupled with the heavy R&D investments and favorable regulatory scenario are the other pivotal factors driving the regional biosensors industry share.  Estimates claim the APAC biosensors market to register a CAGR of 11% over the period of 2016-2024.  Optical biosensors are also projected to make substantial contributions with a target CAGR of 8.7% over the period of 2016-2024.  As per the estimates, agriculture applications are estimated to record the highest growth rate of 11% over 2016-2024.  Global Market Insights, Inc. forecasts the biosensors market to surpass a revenue of USD 29 billion by 2024. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Biosensors Market Size, By Application, 2012 - 2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 1. Methodology and Scope 1.1. Research Methodology 1.1.1. Initial data exploration 1.1.2. Statistical modeling and forecast 1.1.3. Industry insights and validation 1.1.4. Research scope & assumptions 1.2. Data Sources Chapter 2. Executive Summary 2.1. Biosensors industry 3600 synopsis, 2012 - 2024 2.1.1. Business trends 2.1.2. Regional trends 2.1.3. Product trends Table of Content:

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 3. Biosensors Industry Insights 3.1. Industry segmentation 3.2. Industry Size and forecast, 2012 - 2024 3.3. Industry Impact forces 3.3.1. Growth drivers 3.3.1.1. Expanded applications in the field of Medical 3.3.1.2. Rising prevalence of diabetes globally 3.3.1.3. High demand for miniature diagnostic devices 3.3.1.4. Rapid technological advancements 3.3.2. Industry pitfalls & challenges 3.3.2.1. Unfavorable reimbursement scenario 3.3.2.2. High costs of product development 3.3.2.3. Availability of product substitutes 3.4. Growth potential analysis 3.5. Porter’s analysis 3.6. PESTEL analysis Table of Content:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Biosensors Market @ http://goo.gl/MbwnUS http://goo.gl/MbwnUS Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/747 https://www.gminsights.com/request-sample/detail/747 https://www.gminsights.com/request-sample/detail/49

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