Market Overview:
The global bioelectronic sensors market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable and non-wearable bioelectronic sensors across different applications such as medical, environment monitoring, research institutions, food industry, and others. Additionally, the growing awareness about the benefits of using bioelectronic sensors is also contributing to the growth of this market. North America dominates the global bioelectronic sensors market followed by Europe and Asia Pacific.
Product Definition:
A bioelectronic sensor is a device that uses electronic signals to measure some characteristic of a biological system. The most common application of bioelectronic sensors is in the measurement of chemical or electrical activity in cells, tissues, or organs.
Wearable:
Wearable medical devices are becoming more popular day by day. These devices have the ability to monitor and track various physical parameters such as heart rate, blood oxygen level, body temperature and others. The most common way of implementing these sensors is through clothing or patches that go directly onto the skin. However, there are other forms in which these sensors can be implemented; for instance, they can be embedded into jewelry or carried in a watch form.
Non-Wearable:
Non-wearable devices are used in bioelectronic sensors for various applications such as noninvasive monitoring of vital signs, physiological parameters, and body fluids. These devices are portable and can be easily incorporated into different types of medical equipment.
Application Insights:
The market is segmented by application into medical, environment monitoring, research institutions, food industry and others. The medical application dominated the overall market in terms of revenue share in 2017. Bioelectronic sensors are used for various applications such as EKG monitoring devices, blood glucose testing strips and meters, spirometry testing devices among others. These devices help detect diseases at an early stage by providing real-time data on a patient¢â‚¬â„¢s condition to the healthcare professional.
The growing usage of wearable bioelectronic sensors for health monitoring has led to increased demand across all age groups especially among patients suffering from diabetes or high cholesterol levels.
Regional Analysis:
North America dominated the global market in 2017. The presence of major players, favorable reimbursement policies, and rising healthcare expenditure are some factors contributing to the growth of this regional market. Increasing government initiatives for promoting research activities related to bioelectronic sensors is also expected to drive their adoption over the forecast period. For instance, in March 2018, a research project on “Biological Sensing with Nanowires and Carbon nanotubes (BioSNT)†was launched by National Science Foundation (NSF).
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from end-use industries such as healthcare & life sciences; environment monitoring; food industry; defense & security sector etc. Rising investments by governments in emerging economies such as China and India are anticipated to boost regional market development during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Bioelectronic sensors are increasingly being used in minimally invasive surgeries as they offer several advantages over traditional sensors such as better accuracy and precision, smaller size, and lower cost.
- Growing demand for home healthcare: Home healthcare is growing rapidly across the world due to the increasing preference of patients for home-based care and the rising costs of hospitalization. According to a study by MarketsandMarkets, the global home healthcare market is expected to grow at a CAGR of 9% from 2016 to 2021. Bioelectronic sensors are increasingly being used in home healthcare settings as they offer several advantages over traditional sensors such as better accuracy and precision, smaller size, portability, low power consumption etc., which make them ideal for use in portable devices like smart watches or fitness bands etc..
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as diabetes mellitus (DM), heart disease (HD), stroke etc., is on the rise globally due to changing lifestyles and dietary habits coupled with aging populations across most countries worldwide .This has led governments across many countries towards initiatives aimed at early diagnosis & treatment of
Scope Of The Report
Report Attributes
Report Details
Report Title
Bioelectronic Sensors Market Research Report
By Type
Wearable, Non-Wearable
By Application
Medical, Environment Monitoring, Research Institutions, Food Industry, Others
By Companies
Abbott, Platinum Equity, Nova Biomedical, Bayer, Roche, ARKRAY, Medtronic, B.Braun, Sinocare, Yicheng, Yuyue Medical
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Bioelectronic Sensors Market Report Segments:
The global Bioelectronic Sensors market is segmented on the basis of:
Types
Wearable, Non-Wearable
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
Medical, Environment Monitoring, Research Institutions, Food Industry, 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:
- Abbott
- Platinum Equity
- Nova Biomedical
- Bayer
- Roche
- ARKRAY
- Medtronic
- B.Braun
- Sinocare
- Yicheng
- Yuyue Medical
Highlights of The Bioelectronic Sensors 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:
- Wearable
- Non-Wearable
- By Application:
- Medical
- Environment Monitoring
- Research Institutions
- Food Industry
- 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 Bioelectronic Sensors 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?
Bioelectronic sensors are devices that use biological cells or tissues to sense and measure environmental conditions. They can be used in a variety of applications, such as monitoring air quality, water quality, and temperature.
Some of the key players operating in the bioelectronic sensors market are Abbott, Platinum Equity, Nova Biomedical, Bayer, Roche, ARKRAY, Medtronic, B.Braun, Sinocare, Yicheng, Yuyue Medical.
The bioelectronic sensors market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bioelectronic Sensors 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 Bioelectronic Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bioelectronic Sensors 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 Bioelectronic Sensors 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 Bioelectronic Sensors Market Size & Forecast, 2020-2028
4.5.1 Bioelectronic Sensors Market Size and Y-o-Y Growth
4.5.2 Bioelectronic Sensors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wearable
5.2.2 Non-Wearable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Environment Monitoring
6.2.3 Research Institutions
6.2.4 Food Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bioelectronic Sensors 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 Bioelectronic Sensors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wearable
9.6.2 Non-Wearable
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 Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Environment Monitoring
9.10.3 Research Institutions
9.10.4 Food Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wearable
10.6.2 Non-Wearable
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 Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Environment Monitoring
10.10.3 Research Institutions
10.10.4 Food Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wearable
11.6.2 Non-Wearable
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 Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Environment Monitoring
11.10.3 Research Institutions
11.10.4 Food Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wearable
12.6.2 Non-Wearable
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 Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Environment Monitoring
12.10.3 Research Institutions
12.10.4 Food Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wearable
13.6.2 Non-Wearable
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) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Environment Monitoring
13.10.3 Research Institutions
13.10.4 Food Industry
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 Bioelectronic Sensors Market: Competitive Dashboard
14.2 Global Bioelectronic Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Platinum Equity
14.3.3 Nova Biomedical
14.3.4 Bayer
14.3.5 Roche
14.3.6 ARKRAY
14.3.7 Medtronic
14.3.8 B.Braun
14.3.9 Sinocare
14.3.10 Yicheng
14.3.11 Yuyue Medical
