Indonesia Biosensors Market Size & Outlook, 2022-2030
Indonesia biosensors market, 2018-2030 (US$M)
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Indonesia biosensors market highlights
- The Indonesia biosensors market generated a revenue of USD 179.6 million in 2022 and is expected to reach USD 331.2 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, electrochemical was the largest revenue generating technology in 2022.
- Electrochemical is the most lucrative technology segment registering the fastest growth during the forecast period.
Biosensors market data book summary
| Market revenue in 2022 | USD 179.6 million |
| Market revenue in 2030 | USD 331.2 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Electrochemical |
| Fastest growing segment | Electrochemical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermal, Electrochemical, Piezoeletric, Optical |
| Key market players worldwide | Bio-Rad Laboratories Inc, Medtronic PLC, Abbott Laboratories, Biosensors, Pinnacle Financial Partners Inc, DuPont Nutrition & Biosciences, Johnson & Johnson, Koninklijke Philips NV, Nova Biomedical, Koch Industries, TDK Corp, Siemens AG |
Other key industry trends
- In terms of revenue, Indonesia accounted for 0.7% of the global biosensors market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biosensors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 787.5 million by 2030.
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Biosensors Market Scope
Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia 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 70.94% in 2022. Horizon Databook has segmented the Indonesia biosensors market based on thermal, electrochemical, piezoeletric, optical covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of cardiovascular diseases, diabetes, increasing healthcare expenditure are driving the market growth. For instance, according to the WHO, 35% of the overall deaths in Indonesia are due to cardiovascular diseases. However, lack of government initiatives and proper healthcare infrastructure are expected to restrain the market growth in Indonesia.
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Our clientele includes a mix of biosensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Indonesia biosensors market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia biosensors market size, by technology, 2018-2030 (US$M)
Indonesia Biosensors Market Outlook Share, 2022 & 2030 (US$M)
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