Market Overview:
The global bacterial and viral point of care biosensor market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rapid diagnosis and detection of bacteria and viruses, technological advancements in biosensors, and growing awareness about point-of-care diagnostics. Based on type, the global bacterial and viral point of care biosensor market can be segmented into bench-top biosensors and handheld biosensors. Bench-top biosensors are larger in size as compared to handheld biosensors and are used for diagnostic testing in hospital laboratories, diagnostic testing laboratories, pharma and biotech laboratories, environmental research institutes, etc. Handheld biosensors are small in size and are used for on-the-spot diagnosis by healthcare professionals such as doctors or nurses. They find applications mainly in hospitals but also have potential use outside hospitals such as home health monitoring or travel health clinics. Based on application, the global bacterialand viralpoint of carebiosensormarket can be segmented into hospital laboratories; diagnostic testing Laboratories; pharmaand biotechlaboratories; environmental research institutes; food industry/agriculture sector; others (including military & defense sector).
Product Definition:
A bacterial and viral point of care biosensor is a device that can be used to quickly detect the presence of bacteria or viruses in a sample. The biosensor can be used to screen for infections, determine the best course of treatment, and monitor the progress of an infection. The biosensor is also useful for detecting antibiotic resistance in bacteria.
Bench-Top:
The global bench-top, it's usage and growth factor in bacterial and viral point of care biosensor market was valued at USD 4.5 billion in 2016. It is expected to witness a CAGR of XX% during the forecast period.
Handheld:
Handheld biosensors are portable devices used in the clinical and preclinical settings for measuring biological parameters such as temperature, pH, and chemical species concentration. They are available in different forms such as patch-based or integrated with a probe. The market is expected to witness significant growth over the forecast period owing to their increasing use in point of care applications including rapid diagnosis of infectious diseases (bacterial or viral), drug abuse, pregnancy testing among others.
Application Insights:
The others segment include research institutes, public health laboratories and clinical diagnostic testing laboratories. The Others segment held the largest share of the global market in 2017. This is due to an increase in demand for point of care biosensors among researchers and academic institutions across the globe. In addition, growing investments by governments for developing advanced healthcare facilities are expected to boost product demand over the forecast period.
Hospital laboratory is estimated to be one of the fastest-growing segments owing to a rise in government funding for improving patient diagnosis through advanced diagnostics techniques such as molecular tests and biofluids analysis at low costs. Furthermore, increasing R&D investments by companies including Materion Corporation (a manufacturer of blood glucose monitoring devices) towards developing novel products that can help detect diseases at its early stages are anticipated fuel growth over next seven years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing government initiatives, rising healthcare expenditure, and technological advancements. For instance, in August 2018, FDA approved COVID-19 test developed by Q-BioMed Inc for rapid diagnosis of COVID 19 infection. The company is planning to launch its product commercially soon after receiving the CFDA (China Food and Drug Administration) approval (granted on September 26th 2018). Such developments are expected to boost the demand for POC biosensors over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure coupled with growing patient awareness levels regarding early diagnosis of infectious diseases especially pertaining viral infections like Coronavirus which has recently spread across several countries including China Japan India and Australia among others resulting into a significant rise in demand for point of care diagnostic products that require minimal sample volume or no blood sample required thereby boosting revenue generation from bacterial.
Growth Factors:
- Increasing demand for rapid and accurate diagnosis: The global bacterial and viral point of care biosensor market is expected to grow at a CAGR of over 9% during the forecast period. This is owing to the increasing demand for rapid and accurate diagnosis, which can help in reducing the treatment time and improving patient outcomes.
- Rising prevalence of infectious diseases: The incidence of infectious diseases is on the rise globally, which is driving the demand for bacterial and viral point of care biosensors. These devices offer fast, reliable, and accurate results, making them an essential tool for diagnosing infections quickly.
- Technological advancements: The development of novel technologies has led to the introduction of advanced point-of-care biosensors that are capable of detecting a wider range of pathogens. This is helping to expand the application scopeof these devicesand boost their adoption rates worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bacterial and Viral Point of Care Biosensor Market Research Report
By Type
Bench-Top, Handheld
By Application
Hospital Laboratories, Diagnostic Testing Laboratories, Pharma and Biotech Laboratories, Environmental Research Institutes, Others
By Companies
Aidian, Abbott, Association of Medicine and Analytics, BD, Biogal Galed Laboratories, Credo Biomedical, PalmSens, GenMark Diagnostics, NanoEntek, Zhongshan Chuangyi Biochemical, Aidian, Sartorius
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Bacterial and Viral Point of Care Biosensor Market Report Segments:
The global Bacterial and Viral Point of Care Biosensor market is segmented on the basis of:
Types
Bench-Top, Handheld
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Laboratories, Diagnostic Testing Laboratories, Pharma and Biotech Laboratories, Environmental Research Institutes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aidian
- Abbott
- Association of Medicine and Analytics
- BD
- Biogal Galed Laboratories
- Credo Biomedical
- PalmSens
- GenMark Diagnostics
- NanoEntek
- Zhongshan Chuangyi Biochemical
- Aidian
- Sartorius
Highlights of The Bacterial and Viral Point of Care Biosensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bench-Top
- Handheld
- By Application:
- Hospital Laboratories
- Diagnostic Testing Laboratories
- Pharma and Biotech Laboratories
- Environmental Research Institutes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bacterial and Viral Point of Care Biosensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A point of care biosensor is a device that can be used to detect the presence of bacteria or viruses in a sample. These devices are often small and portable, making them easy to use in clinical settings.
Some of the major companies in the bacterial and viral point of care biosensor market are Aidian, Abbott, Association of Medicine and Analytics, BD, Biogal Galed Laboratories, Credo Biomedical, PalmSens, GenMark Diagnostics, NanoEntek, Zhongshan Chuangyi Biochemical, Aidian, Sartorius.
The bacterial and viral point of care biosensor market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bacterial and Viral Point of Care Biosensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bacterial and Viral Point of Care Biosensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bacterial and Viral Point of Care Biosensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bacterial and Viral Point of Care Biosensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bacterial and Viral Point of Care Biosensor Market Size & Forecast, 2018-2028
4.5.1 Bacterial and Viral Point of Care Biosensor Market Size and Y-o-Y Growth
4.5.2 Bacterial and Viral Point of Care Biosensor Market Absolute $ Opportunity
Chapter 5 Global Bacterial and Viral Point of Care Biosensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
5.2.1 Bench-Top
5.2.2 Handheld
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bacterial and Viral Point of Care Biosensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
6.2.1 Hospital Laboratories
6.2.2 Diagnostic Testing Laboratories
6.2.3 Pharma and Biotech Laboratories
6.2.4 Environmental Research Institutes
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bacterial and Viral Point of Care Biosensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bacterial and Viral Point of Care Biosensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bacterial and Viral Point of Care Biosensor Analysis and Forecast
9.1 Introduction
9.2 North America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
9.6.1 Bench-Top
9.6.2 Handheld
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
9.10.1 Hospital Laboratories
9.10.2 Diagnostic Testing Laboratories
9.10.3 Pharma and Biotech Laboratories
9.10.4 Environmental Research Institutes
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bacterial and Viral Point of Care Biosensor Analysis and Forecast
10.1 Introduction
10.2 Europe Bacterial and Viral Point of Care Biosensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
10.6.1 Bench-Top
10.6.2 Handheld
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
10.10.1 Hospital Laboratories
10.10.2 Diagnostic Testing Laboratories
10.10.3 Pharma and Biotech Laboratories
10.10.4 Environmental Research Institutes
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bacterial and Viral Point of Care Biosensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bacterial and Viral Point of Care Biosensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
11.6.1 Bench-Top
11.6.2 Handheld
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
11.10.1 Hospital Laboratories
11.10.2 Diagnostic Testing Laboratories
11.10.3 Pharma and Biotech Laboratories
11.10.4 Environmental Research Institutes
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bacterial and Viral Point of Care Biosensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
12.6.1 Bench-Top
12.6.2 Handheld
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
12.10.1 Hospital Laboratories
12.10.2 Diagnostic Testing Laboratories
12.10.3 Pharma and Biotech Laboratories
12.10.4 Environmental Research Institutes
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bacterial and Viral Point of Care Biosensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bacterial and Viral Point of Care Biosensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bacterial and Viral Point of Care Biosensor Market Size Forecast by Type
13.6.1 Bench-Top
13.6.2 Handheld
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bacterial and Viral Point of Care Biosensor Market Size Forecast by Applications
13.10.1 Hospital Laboratories
13.10.2 Diagnostic Testing Laboratories
13.10.3 Pharma and Biotech Laboratories
13.10.4 Environmental Research Institutes
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bacterial and Viral Point of Care Biosensor Market: Competitive Dashboard
14.2 Global Bacterial and Viral Point of Care Biosensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aidian
14.3.2 Abbott
14.3.3 Association of Medicine and Analytics
14.3.4 BD
14.3.5 Biogal Galed Laboratories
14.3.6 Credo Biomedical
14.3.7 PalmSens
14.3.8 GenMark Diagnostics
14.3.9 NanoEntek
14.3.10 Zhongshan Chuangyi Biochemical
14.3.11 Aidian
14.3.12 Sartorius
