Press Release
Global Biochemical Sensor Market is Expected to Reach $51 Billion by 2024, Says Variant Market Research
 Published Date:  Apr 2017  Publish By: Variant Market Research

Global Biochemical Sensor Market Report, published by Variant Market Research, forecast that the global market is expected to reach $51 billion by 2024 from $17 billion in 2016, growing at a CAGR of 14.6% from 2016 to 2024. By geography, Asia-pacific and Rest of the World are expected to grow at a CAGR of 15.8% and 15%, respectively, during the forecast period.

"Biochemical Sensor Market (By Product: Piezoelectric Sensor, Thermal Sensor, Gas Sensor, Optical Sensor, and Electrochemical Sensor; By Film Deposition Material: Aluminium Oxide (AL2O3), Titanium Oxide (Tio2), Silicon Oxide (SiO2) and Fluorine Doped Tin Oxide (SnO2:F); By Application: Environmental Monitoring, Clinical Diagnostics, Military, Food Quality Control and Others; By Geography: North America, Europe, Asia-Pacific, and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/biochemical-sensor-market

Increased health awareness, advancement in material chemistry and wireless sensor network, rise in oil extraction, and rising incidents of motor vehicle accidents are the major factors driving the global biochemical sensor market. However, limited commercialization due to complex product design and incompatibility in real world application would restrain the market growth in coming years. Increasing application of wearable biochemical sensors in defense and bio surveillance would provide several growth opportunities for the market in coming years.

The global biochemical sensor market has been segmented on the basis of product, film deposition material, and application. By product, the market is segmented into piezoelectric sensor, thermal sensor, gas sensor, optical sensor, and electrochemical sensor. The electrochemical sensor segment accounted for the largest market share in 2016, owing to its high sensitivity and huge demand in chemical diagnosis.

By film deposition material, the market is further divided into fluorine doped tin oxide (SnO2:F), titanium oxide (Tio2), aluminium oxide (AL2O3) and silicon oxide (SiO2). The silicon oxide (SiO2) segment accounted for the largest market share in the overall film deposition material segment in 2016, due to its small size and extensive utilization in clinical diagnosis devices and environmental monitoring devices.

By application, the market is bifurcated into environmental monitoring, clinical diagnostics, military, food quality control, and others. The clinical diagnostics segment dominated the application segment accounting for more than one-third of the total market share in 2016, driven by its extensive usage during pregnancy test and diagnosis of glucose level in blood sample. Geographically, the market is categorised into North America, Europe, Asia-Pacific and Rest of the World (RoW).

North America accounted for the largest market share of 28.8% in 2016, owing to increased demand from medical and healthcare industry, and substantial investment in military and defense. Europe accounted for the second largest market share of 25.0%, driven by increased awareness towards food security. Asia-Pacific is to attain the fastest CAGR of 15.8% during the forecast period 2016-2024, driven by increasing health awareness and rising investment in healthcare, majorly in developing economies such as China and India.

Major companies operating in the biochemical sensor market are Texas Instrument Inc., Thermo Fisher Scientific., GE Healthcare, Bio-Rad Laboratories Inc., Microchip Technology Inc., Polestar Technologies Inc., Melexis, Universal Biosensor Inc., Honeywell International Inc. and Nova Biomedical Corporation, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Biochemical Sensor Market by Product: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Piezoelectric Sensor
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Thermal Sensor
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Gas Sensor
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Optical Sensor
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Electrochemical Sensor
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
    4.7 Others
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast
Chapter 5 Biochemical Sensor Market by Film Deposition Material: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Fluorine Doped Tin Oxide (SnO2:F)
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Titanium Oxide (Tio2)
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Aluminium Oxide (AL2O3)
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Silicon Oxide (SiO2)
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
    5.6 Others
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast
Chapter 6 Biochemical Sensor Market by Application: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 Clinical Diagnostics
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
    6.3 Environmental Monitoring
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
    6.4 Food Quality Control
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
    6.5 Military
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
    6.6 Others
          6.6.1 Current Trend and Analysis
          6.6.2 Market Size and Forecast
Chapter 7 Biochemical sensor Market by Geography: Market Size and Forecast, 2015 – 2024
    7.1 Overview
    7.2 North America
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast
          7.2.3 US
                   7.2.3.1 Market Size and Forecast
          7.2.4 Canada
                   7.2.4.1 Market Size and Forecast
          7.2.5 Mexico
                   7.2.5.1 Market Size and Forecast
    7.3 Europe
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast
          7.3.3 Germany
                   7.3.3.1 Market Size and Forecast
          7.3.4 France
                   7.3.4.1 Market Size and Forecast
          7.3.5 United Kingdom
                   7.3.5.1 Market Size and Forecast
          7.3.6 Russia
                   7.3.6.1 Market Size and Forecast
          7.3.7 Italy
                   7.3.7.1 Market Size and Forecast
          7.3.8 Others
                   7.3.8.1 Market Size and Forecast
    7.4 Asia-Pacific
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast
          7.4.3 China
                   7.4.3.1 Market Size and Forecast
          7.4.4 India
                   7.4.4.1 Market Size and Forecast
          7.4.5 Japan
                   7.4.5.1 Market Size and Forecast
          7.4.6 Others
                   7.4.6.1 Market Size and Forecast
    7.5 RoW
          7.5.1 Current Trend and Analysis
          7.5.2 Market Size and Forecast
          7.5.3 Middle East
                   7.5.3.1 Market Size and Forecast
          7.5.4 South America
                   7.5.4.1 Market Size and Forecast
          7.5.5 Africa
                   7.5.5.1 Market Size and Forecast
Chapter 8 Company Profiles
    8.1 Texas Instrument Inc.
    8.2 Honeywell International Inc.
    8.3 Bio-Rad Laboratories Inc.
    8.4 Thermo Fisher Scientific
    8.5 Polestar Technologies Inc.
    8.6 Microchip Technology Inc.
    8.7 GE Healthcare
    8.8 Melexis
    8.9 Universal Biosensor Inc.
    8.10 Nova Biomedical Corporation

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