North America Biosensors Market Size & Outlook, 2022-2030
North America biosensors market, 2018-2030 (US$M)
Related Markets
North America biosensors market highlights
- The North America biosensors market generated a revenue of USD 10,668.5 million in 2022.
- The market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, electrochemical was the largest revenue generating technology in 2022.
- Optical is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 10,668.5 million |
| Market revenue in 2030 | USD 19,000.9 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Electrochemical |
| Fastest growing segment | Optical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 39.7% of the global biosensors market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,712.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Biosensors Market Scope
Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 72.12% in 2022. Horizon Databook has segmented the North America biosensors market based on thermal, electrochemical, piezoeletric, optical covering the revenue growth of each sub-segment from 2018 to 2030.
North America held the largest share in 2020 and is anticipated to witness considerable growth rate over the forecast period. The rising prevalence of chronic diseases, especially diabetes, and rapid technological advancements in products are among the key factors contributing to the large market share.
Rapid technological advancements, such as the introduction of miniaturized diagnostic equipment providing rapid & accurate results and growing market penetration of Electronic Medical Records (EMR), are expected to drive the market growth over the forecast period.
Furthermore, presence of Clean Air Act, Clean Water Act, and National Environmental Policy Act in the U.S., which are continuously monitoring environmental pollution, is expected to create lucrative growth opportunities in this region over the forecast period.
Reasons to subscribe to North America biosensors market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America 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.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America biosensors market , including forecasts for subscribers. This continent databook contains high-level insights into North America biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America biosensors market size, by country, 2018-2030 (US$M)
North America Biosensors Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
