Netherlands Biosensors Market Size & Outlook, 2022-2030

The biosensors market in the Netherlands is expected to reach a projected revenue of US$ 806.8 million by 2030. A compound annual growth rate of 7.6% is expected of the Netherlands biosensors market from 2023 to 2030.
Revenue, 2022 (US$M)
$450.3
Forecast, 2030 (US$M)
$806.8
CAGR, 2023 - 2030
7.6%
Report Coverage
Netherlands

Netherlands biosensors market highlights

  • The Netherlands biosensors market generated a revenue of USD 450.3 million in 2022 and is expected to reach USD 806.8 million by 2030.
  • The Netherlands market is expected to grow at a CAGR of 7.6% 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 2022USD 450.3 million
Market revenue in 2030USD 806.8 million
Growth rate7.6% (CAGR from 2022 to 2030)
Largest segmentElectrochemical
Fastest growing segmentElectrochemical
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermal, Electrochemical, Piezoeletric, Optical
Key market players worldwideBio-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, Netherlands accounted for 1.7% 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 Europe, Germany biosensors market is projected to lead the regional market in terms of revenue in 2030.
  • Italy is the fastest growing regional market in Europe and is projected to reach USD 493.8 million by 2030.

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Biosensors Market Companies

Name Profile # Employees HQ Website

Netherlands 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 71.46% in 2022. Horizon Databook has segmented the Netherlands biosensors market based on thermal, electrochemical, piezoeletric, optical covering the revenue growth of each sub-segment from 2018 to 2030.


The Netherlands biosensors market is anticipated to witness a low growth rate over the forecast period. Declining healthcare expenditure and low adoption rate of technologically advanced products are among the primary factors restraining the market growth.

For instance, according to a report published by the Country Economy in 2018, total healthcare expenditure in the Netherlands was around 8.16% of GDP in 2018, whereas in 2017, it was around 8.24% of GDP. These factors are likely to restrict new and key players from entering into the market.

In addition, low prevalence of diabetes in the country is expected to impede the market growth over the forecast period. However, the recent outbreak of COVID-19 has led to an increase in the adoption of technologically advanced products for better diagnosis of the disease.

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  • Our clientele includes a mix of biosensors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Netherlands biosensors market , including forecasts for subscribers. This country databook contains high-level insights into Netherlands biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Netherlands biosensors market size, by technology, 2018-2030 (US$M)

Netherlands Biosensors Market Outlook Share, 2022 & 2030 (US$M)

Netherlands biosensors market size, by technology, 2018-2030 (US$M)

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