Press Release

Biosensors Market Forecasted to Reach $14.42 Billion in 2016

June 21st, 2010

Global Information Inc. presents a new market research report, "Analytical Review of World Biosensors Market" by Frost & Sullivan.

According to a new research report by Frost & Sullivan, the "Biosensors market is categorized as a growth market [and] is expected to grow from $6.72 billion in 2009 to $14.42 billion in 2016." Biosensor adoption is increasing every year and the number of biosensor applications is continuously growing. Biosensors are currently utilized in over 26 applications with a large bulk of revenues originating within the point of care market. However, research analysts expect considerable growth to start emerging from the biodefense and home diagnostic market sectors in the near future considering the "development of newer biosensors is likely to change with newer application research."

Biosensors are sensing devices containing a biological element that detects chemicals in a system. Biosensors are utilized in various fields. Common applications for these devices include: environmental monitoring of pollution, food analysis, hazardous chemicals detection, genetic disorders detection, diagnosing medical conditions. Frost & Sullivans report provides a comprehensive analysis of the biosensors market complete with definitions. Discussions on market dynamics, competitive structure, key market drivers and restraints, and market segmentation are included. The report also provides revenue analysis and forecasts, as well as information regarding acquisitions, mergers, alliances, and market shares.

Key Charts Featured in this Report:
Total Biosensors Market: Market Segments, Distribution Analysis, Revenues by End-user, Revenues by Vertical Markets, Drivers & Restraints, Revenue Forecasts
Research Laboratories Biosensors Market Worldwide Revenue Forecasts (2009-2016)
Home Diagnostic Biosensors Market Worldwide Revenue Forecasts (2006-2016)
Point of Care Biosensors Market Worldwide Revenue Forecasts (2006-2016)
Process Industry Biosensors Market Worldwide Revenue Forecasts (2006-2016)
Environmental Monitoring Biosensors Market: Worldwide Revenue Forecasts (2006-2016)
Security and Biodefense Biosensors Market: Worldwide Revenue Forecasts (2006-2016)

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 121525