TechNavio's analysts forecast the Global Medical Biosensors market to grow at a CAGR of 9.4 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increased sales of glucose monitoring devices. The Global Medical Biosensors market has also been witnessing increase in investments by vendors on technological developments. However, poor durability of biological enzymes applied in biosensors could pose a challenge to the growth of this market.
TechNavio's report, the Global Medical Biosensors Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Medical Biosensors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Abbott Laboratories, LifeScan Inc., Hoffmann-La Roche Ltd., and Bayer Healthcare AG.
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