Biosensors are powerful & innovative analytical devices that identify changes in biological processes and transform them into electrical signals. Biosensors have gained significant importance across different verticals like biomedicine, drug discovery, defense, food sector, environmental monitoring, etc.
According to Markntel Advisors, "Global Advanced Biosensor Material Market" is projected to grow at a CAGR of 8.23% through 2026. The market growth owes principally to biosensors displaying their expanding applications due to various benefits, including precise & powerful analytical tools. Besides, consistent technological advancements entwined with rapid research & development activities initiated by the market giants to develop advanced biosensors shall also boost the market in the coming years.
|Study Period||Historical Data: 2016-19|
|Base Year: 2020|
|Forecast Period: 2021-26|
|Regions Covered||North America: USA, Canada, Mexico|
|Europe: Germany, France, Italy, Spain|
|Asia-Pacific: China, India, Japan, South Korea, Australia|
|South America: Brazil, and Argentina|
|Middle East & Africa: Middle East and Africa|
|Key Companies Profiled||Canum Nanomaterials, Spherotech, ChitoLytic, FUJIFILM Wako Chemicals USA Corporation, Sappi, Angene International Limited, Tecamax Srp (Ensinger), Ormecon Pvt. Ltd.., Hangzhou J&H Chemical Co., Ltd., QCR Solutions Corp, Cardia Bio, Grapheal, HeMemics Biotechnologies|
|Unit Denominations||USD Million/Billion|
Covid-19 Positively Impacted the Global Advanced Biosensor Material Market