Global Biosensors Market Size & Outlook, 2022-2030

The biosensors industry worldwide is expected to reach a projected revenue of US$ 49,782.4 million by 2030. A compound annual growth rate of 8% is expected of the worldwide biosensors industry from 2023 to 2030.
Revenue, 2022 (US$M)
$26,863.0
Forecast, 2030 (US$M)
$49,782.4
CAGR, 2023 - 2030
8%
Report Coverage
Worldwide

Global biosensors market highlights

  • The global biosensors market generated a revenue of USD 26,863.0 million in 2022 and is expected to reach USD 49,782.4 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 8% by 2030.
  • In terms of segment, electrochemical accounted for a revenue of USD 19,174.8 million in 2022.
  • Optical is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, France is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 26,863.0 million
Market revenue in 2030USD 49,782.4 million
Growth rate8% (CAGR from 2022 to 2030)
Largest segmentElectrochemical
Fastest growing segmentOptical
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermal, Electrochemical, Piezoeletric, Optical

Other key industry trends

  • In terms of revenue, the North America accounted for 39.7% of the global biosensors market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, France is the fastest growing regional market and is projected to reach USD 796.0 million by 2030.

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Biosensors Market Companies

Name Profile # Employees HQ Website

Global biosensors market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biosensors market will help companies and investors design strategic landscapes.


Electrochemical was the largest segment with a revenue share of 71.38% in 2022. Horizon Databook has segmented the Global biosensors market based on thermal, electrochemical, piezoeletric, optical covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Biosensors Technology Outlook (Revenue, USD Million, 2018-2030)
    • Thermal
    • Electrochemical
    • Piezoeletric
    • Optical
  • Global Biosensors Application Outlook (Revenue, USD Million, 2018-2030)
    • Medical
      • Cholesterol
      • Blood Glucose
      • Blood gas analyzer
      • Preganancy testing
      • Drug discovery
      • Infectious disease
    • Food Toxicity
    • Bioreactor
    • Agriculture
    • Environment
    • Others
  • Global Biosensors End use Outlook (Revenue, USD Million, 2018-2030)
    • Home Healthcare Diagnostics
    • PoC Testing
    • Food Industry
    • Research Laboratories
    • Security and Bio-defense

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Target buyers of Global biosensors market databook

  • Our clientele includes a mix of biosensors market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biosensors market , including forecasts for subscribers. This global databook contains high-level insights into Global biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global biosensors market size, by regions, 2018-2030 (US$M)

Top 10 countries: Biosensors market size, 2022 (US$M)

Global biosensors market share, by technology, 2022 & 2030 (%, US$M)

Biosensors market: Opportunity assessment by country

Global biosensors market, by region, 2022 (US$M)

Global biosensors market size, by regions, 2018-2030 (US$M)

Technology 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 7,295.6 7,841.1 8,957.2 9,919.4 10,668.5 11,476.8 12,349.2 13,290.9 14,307.8 15,406.0 16,592.4 17,754.7 19,000.9 7.5%
Europe 4,381.0 4,712.5 5,387.7 5,971.6 6,428.0 6,920.9 7,453.3 8,028.6 8,650.4 9,322.5 10,049.2 10,753.1 11,507.9 7.6%
Asia Pacific 3,549.4 3,852.1 4,443.4 4,968.6 5,395.6 5,860.6 6,366.8 6,918.2 7,518.9 8,173.4 8,886.6 9,509.1 10,176.6 8.3%
Latin America 1,551.9 1,681.6 1,936.8 2,162.4 2,344.8 2,543.0 2,758.7 2,993.2 3,248.5 3,526.2 3,828.5 4,096.7 4,384.3 8.1%
MEA 1,357.6 1,466.5 1,683.9 1,874.3 2,026.3 2,191.0 2,369.7 2,563.6 2,774.0 3,002.4 3,250.3 3,938.5 4,712.8 11.1%
Overall 18,135.4 19,554.0 22,408.9 24,896.3 26,863.1 28,992.2 31,297.7 33,794.6 36,499.5 39,430.5 42,606.9 46,052.1 49,782.4 8.0%

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