Europe Biosensors Market segments and Key Trends 2017-2020

Europe biosensor market to grow at a CAGR of 9.8 % during the forecasted period 2015-2020. Germany commands the largest market share of 23.9 % of total Europe biosensor market. The market for Germany was valued at USD 1,011.9 million in 2015 and expected to reach at USD 1,609.0 million by 2020.

Biosensors are the diagnostic and monitoring device which uses living or biological organism for the detection of chemicals in the samples. This are widely used for testing like cholesterol testing, cerebrospinal testing and parasites testing. The major driving factor for the market is increasing diabetic population, in 2013 approximately 52 million people are suffering from diabetes in Europe. Beside this rise in geriatric population, increase in lifestyle associated diseases, increasing awareness of various diseases and rise in diagnostic requirements has provided a push for the development of Europe biosensors market. Usage of biosensor technology in Europe is high compared to other regions of the world due to technological advancements and broader application areas in different industries. Since, the healthcare expenditure is high in Europe, biosensor devices are used extensively for accurate, reliable and quick results for early detection and prevention of diseases.

Europe biosensors market is segmented on the basis of application into medical testing, food toxicity, industrial process, environmental, agricultural testing and others. On the basis of technology into electrochemical, thermal, optical and piezoelectric. On the basis of end user into point of care testing, home diagnostics, research laboratories, food industry, security and biodefense and others and on the basis of region Europe kidney stone market is segmented into Germany, UK, France, Spain, Italy and rest of Europe.

 

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The Europe biosensor market growing rapidly. Electrochemical segment accounted for the largest market share accounts about 73.6 % of total Europe biosensor market in 2015. The market is expected to reach USD 5,168.6 million by 2020 from USD 3,232.4 million in 2015 at a CAGR of 9.8 %. Optical segment is the fastest growing segment, which is growing at the fastest CAGR of 11 % during the forecast period from 2015-2020

Germany accounted for the largest market share of Europe biosensor market which is USD 1,011.9 million in 2015 and expected to reach at USD 1,609.0 million by 2020. The market is growing at the CAGR of 9.1 % during the forecast period from 2015-2020. France is the fastest growing region at a CGR of 11.4 % during forecasted period from 2015-2020.

 

Europe biosensor market statistical report published by Market Research future contains a brief overview of Europe biosensor market. Germany commands the largest share and is expected to grow continuously during the forecasted period of 2015-2020. The report analyzed the Europe biosensor market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2020.

Market Research future through this report aims to provide understanding of the Europe biosensor market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Europe biosensor market.

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List of Tables

TABLE 1        Europe market breakdown by country, $m (2011 – 2014)

TABLE 2        Europe market breakdown by country, $m (2015 – 2020)

TABLE 3        Europe market breakdown by technology, $m (2011 – 2014)

TABLE 4        Europe market breakdown by technology, $m (2015 – 2020)

TABLE 5        Europe market breakdown by end user, $m (2011 – 2014)

TABLE 1        Europe market breakdown by end user, $m (2015 – 2020)

TABLE 2        Europe market breakdown by application, $m (2011 – 2014)

TABLE 3        Europe market breakdown by application, $m (2015 – 2020)

 

List of Figures

FIGURE 1      Europe biosensors market share by country (2014)

FIGURE 2      Europe market breakdown by country, $m (2016 & 2020)

FIGURE 3      Europe biosensor market share by technology (2014)

FIGURE 4      Europe market breakdown by technology, $m (2016 & 2020)

FIGURE 5      Europe biosensor market share by end user (2014)

FIGURE 6      Europe market breakdown by end user, $m (2016 & 2020)

FIGURE 7      Europe biosensor market share by application (2014)

FIGURE 8      Europe market breakdown by application, $m (2016 & 2020)

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