Global Biosensor Market for Non-clinical Applications 2016-2020

Overview of the global biosensor market for non-clinical applications

The global biosensor market for non-clinical applications is anticipated to witness impressive growth and will post a staggering CAGR of more than 11% over the forecast period. Nanotechnology is an emerging technology that involves the study, creation, manipulation, and use of materials, devices, and systems with dimensions lesser than 100 nm. It also plays a crucial role in the development of biosensors. Nanomaterials not only help introduce several new signal transduction technologies in biosensors but also improve the sensitivity and performance of biosensors. The development of nanotech has resulted in an increase in the applications of nanomaterials in biosensors to a large extent. For example, nanomaterials-based biosensors can significantly increase the sensitivity and specificity of biomolecule detection, detect and manipulate atoms and molecules, and also show potential in applications such as biomolecular recognition, pathogenic diagnosis, and environment monitoring. Moreover, various kinds of nanomaterials, including carbon nanotubes, gold nanoparticles, and quantum dots are being increasingly used in biosensors due to their unique chemical, physical, mechanical, magnetic, and optical properties. The is anticipated to result in the manufacturing of better and more efficient biosensors, leading to their augmented adoption in the coming years.

The integration of biosensors with social networks is one of the significant trends driving this market’s growth during the predicted period. Health and other fitness-related statistics obtained with the help of biosensors become more relevant when the data can be compared with those of others. The Biogram app, which was launched in 2015, allows users to stamp their heart rate data on photos before sharing them on Instagram. Similar options are available for different types of fitness wearables that enable users to measure and compare their vital statistics to those of their peers and friends. Moreover, social network-based biosensors help patients keep a track of their daily drug dosage patterns. When a user gets in contact with a pill bottle, the biosensor patch on the bottle sends a signal to the user’s phone, which stores the data in the cloud. This data can be used by healthcare professionals to monitor the health of their patients, and is likely to revolutionize the overall healthcare market in the near future.

Segmentation by technology and analysis of the biosensors market for non-clinical applications

• Military and defense
• Food and beverage
• Environment monitoring
• Healthcare