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Analytical Sensors And Instruments: The Technology And Markets For Locs, Throwaway Sensors, And New Generation Chemical Instruments (Technical Insights)
Frost & Sullivan, June 2001
Analytical sensors have entered an exciting era of technological development that is beginning to generate significant revenues for manufacturers and investors in numerous sectors of the global economy. With R&D on thousands of products and applications complete, manufacturers today are beginning to take advantage of economies of scale in a range of devices and systems that utilize sophisticated sensor technology.
To be sure, analytical sensors—broadly defined as those devices or systems that detect, measure or analyze selected chemical substances—have applications across the technology spectrum. Even more significantly, these applications themselves are helping to create new, ever more complex technologies, products and applications that are similarly rich in commercial potential.
Analytical technology is making its mark in many sectors. For example, the $3 billion spent in 1995 on R&D for pharmaceutical compounds is expected to yield $115 billion in product sales by 2008. In the diagnostic testing market, revenues from point-of-care and home diagnostic products and monitoring devices are expected to grow at almost 15 percent a year, reaching $3 billion in the U.S. alone by 2003. Moreover, analysts say the $10 billion analytical laboratory instrumentation marketplace is poised to grow dramatically as continued advances in Lab-on-a-Chip technology shorten the development time, speed-to-market, and life cycle of many new-generation instruments.
This comprehensive Technical Insights Report, Analytical Sensors and Instruments opens a window on both the technology and the market potential for a full range of newly developed and emerging analytical sensors that are designed to improve the performance of a system and solve analytical problems. Among the developments discussed in detail are:
- Labs on a Chip (LOC), focusing on the underlying nanotechnology-driven analytical science and operation (including detection, microseparations, optoelectronics and integrated optics, and biosensor technology) that will help researchers choose, adapt and use these microtools for analysis and control.
- Microlectromechanical devices (MEMS), which include microsensors, microgears, microvalves, micropumps and microheaters, and will eventually become building blocks for LOCs.
- Throwaway Sensors—the inexpensive, silicon-chip based instruments designed to be thrown away and replaced—is poised to become an important enabling technology for linking devices, networks and systems.
- Data Processing and Automation, which utilizes a smart sensor (a sensor and computer in one package that measures physical parameters, processes the data, and makes decisions) to fashion micro-sized devices that improve measuring precision and automation.
- New Generation Sensors, which comprise novel instruments and systems that are clearly distinguished from earlier models by superior and/or unique performance, design, capabilities and application-specificity, often by orders of magnitude. These include temperature-programmed microscopes, quadropoles on a miniaturized array, mass spectrometers on a chip, incorporation of fuzzy logic into instrument designs, holographic sensors, sample processing that runs in parallel and independently programmable modules, and an electron microscope that does not need a vacuum in order to function.
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