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US Biosensors Market (2022-2027) by Type, Product, Application, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 188 Pages
  • March 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585727
UP TO OFF until Sep 30th 2022
The US Biosensors Market is estimated to be USD 6.49 Bn in 2022 and is projected to reach USD 11.22 Bn by 2027, growing at a CAGR of 11.58%.

Market dynamics are forces that impact the prices and behaviors of the US Biosensors Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Biosensors Market is segmented based on Type, Product, and Application
  • By Type, the market is classified into Electrochemical Biosensors, Nano Mechanical Biosensors, Optical Biosensors, Thermal Biosensors, and Piezoelectric Biosensors.
  • By Product, the market is classified into Wearable Biosensors and Non-Wearable Biosensors.
  • By Application, the market is classified into Biodefense, Environmental Monitoring, Food & Beverages, Home Diagnostics, Point of Care Testing, Research Labs, and Environmental Monitoring.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abbott Laboratories, Bayer AG, Bio-Rad Laboratories, Biosensors International Group, Cranfield Biotechnology Centre, Cytiva, Dexcom, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Biosensors Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Biosensors Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Biosensors Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Biosensors Market

What is the estimated value of the US Biosensors Market?

The US Biosensors Market was estimated to be valued at $6.49 Billion in 2022.

What is the growth rate of the US Biosensors Market?

The growth rate of the US Biosensors Market is 11.5%, with an estimated value of $11.22 Billion by 2027.

What is the forecasted size of the US Biosensors Market?

The US Biosensors Market is estimated to be worth $11.22 Billion by 2027.

Who are the key companies in the US Biosensors Market?

Key companies in the US Biosensors Market include Abbott Laboratories, Bayer AG, Bio, Rad Laboratories, Biosensors International Group, Cranfield Biotechnology Centre, Cytiva, Dexcom and EG & IC Sensors Inc.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Technological Advancements and Increasing Application of Biosensors
4.1.2 Escalating Usage of Nanotechnology in Biophotonics Rising Geriatric Population
4.2 Restraints
4.2.1 Technical Issues and High Cost
4.3 Opportunities
4.3.1 High Growth Opportunity in the Wearable Device
4.3.2 Surge in R&D for Biotechnology
4.4 Challenges
4.4.1 Time Consumption in Government Regulation and Approval Cycles
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Biosensors Market, By Type
6.1 Introduction
6.2 Electrochemical Biosensors
6.2.1 Amperometric Sensors
6.2.2 Potentiometric Sensors
6.2.3 Conductometric Sensors
6.3 Nano Mechanical Biosensors
6.4 Optical Biosensors
6.4.1 Colorimetric Biosensors
6.4.2 Fluorescence Biosensors
6.4.3 Surface Plasmon Resonance (SPR)
6.5 Thermal Biosensors
6.6 Piezoelectric Biosensors
6.6.1 Acoustic Biosensors
6.6.2 Microcantilever Biosensors
7 US Biosensors Market, By Product
7.1 Introduction
7.2 Wearable Biosensors
7.2.1 Wristwear
7.2.2 Eyewear
7.2.3 Footwear
7.2.4 Bodywear
7.2.5 Neckwear
7.3 Non-Wearable Biosensors
8 US Biosensors Market, By Application
8.1 Introduction
8.2 Biodefense
8.3 Environmental Monitoring
8.4 Food & Beverages
8.5 Home Diagnostics
8.5.1 Cholesterol Testing Kit
8.5.2 Glucose Monitoring Kit
8.5.3 Pregnancy Testing Kit
8.6 Point of Care Testing
8.6.1 Blood Gas & Electrolyte Detection
8.6.2 Cardiac Marker
8.6.3 Cholesterol Testing
8.6.4 Coagulation
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 Abbott Laboratories
10.2 Bayer AG
10.3 Bio-Rad Laboratories
10.4 Biosensors International Group
10.5 Cranfield Biotechnology Centre
10.6 Cytiva
10.7 Dexcom
10.8 Dupont Biosensor Materials
10.9 EG & IC Sensors Inc
10.10 Ercon Inc
10.11 General Electric
10.12 Innovative Biosensors Inc
10.13 Johnson & Johnson Inc
10.14 Lifescan
10.15 Masimo
10.16 Medtronic
10.17 Nova Biomedical
10.18 PHC Holdings Co. Ltd (Ascensia Diabetes Care Holdings AG)
10.19 Pinnacle Technologies Inc
10.20 Roche
10.21 Siemens
10.22 Strategic Diagnostics Inc
10.23 Sysmex Corp
10.24 Universal Biosensors
11 Appendix
11.1 Questionnaire

Companies Mentioned

  • Abbott Laboratories
  • Bayer AG
  • Bio-Rad Laboratories
  • Biosensors International Group
  • Cranfield Biotechnology Centre
  • Cytiva
  • Dexcom
  • Dupont Biosensor Materials
  • EG & IC Sensors Inc
  • Ercon Inc
  • General Electric
  • Innovative Biosensors Inc
  • Johnson & Johnson Inc
  • Lifescan
  • Masimo
  • Medtronic
  • Nova Biomedical
  • PHC Holdings Co. Ltd (Ascensia Diabetes Care Holdings AG)
  • Pinnacle Technologies Inc
  • Roche
  • Siemens
  • Strategic Diagnostics Inc
  • Sysmex Corp
  • Universal Biosensors