World biosensor market to grow by 9.6% to reach $16.8billion by 2018
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The growth for biosensors market is strong in emerging markets in Asia-Pacific with 11% CAGR (2008-2018) closely followed by 10.7% in highly developed market of the United States. Europe is the second largest, in terms of value, after the US with an estimated $2.6 billion in 2012.. The global market for Biosensors in 2012 is esmated to touch US$8.5 billion and projected to reach US$16.8 billion by 2018.
Biosensor application areas analysed in this study include: Point-of-Care Testing, Home Diagnostics, Environmental Monitoring, Research Laboratories, Process Industry and Security & Biodefense.
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Product Code: INX00030
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