Biosensors Market 2020 – Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2027
Allied Market Research published a report, titled, " Biosensors Market by Product (Wearable biosensors and Non- Wearable biosensors), Technology (Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Thermal Biosensors, and Nanomechanical Biosensors): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global biosensors market garnered $17.50 billion in 2018, and is estimated to reach $38.60 billion by 2026, registering a CAGR of 10.4% from 2019 to 2026. Increase in chronic diseases such as diabetes, rise in R&D investments, and development of nanotechnology-based biosensors drive the growth of the global biosensors market. However, high cost associated with research and development (R&D) hinders the market growth. On the other hand, technological advancements in biosensors to make it user friendly are anticipated to offer new opportunities in the coming years. Read More@ https://www....