Global Healthcare Biosensors IoT Market size was valued over USD 17 billion in 2018 and is expected to witness growth of XX % CAGR from 2019 to 2026.
Global Healthcare Biosensors IoT Market is driven by growing awareness regarding diabetes self-management has enabled integration of advanced technology in the glucometers driving the Global Healthcare Biosensors IoT Market growth. For instance, newly developed glucometers have embedded microchips that allows accurate and quick detection of sugar levels at home. Rising preference for such technology variant diabetic biosensors have boosted the industry growth significantly. As per WHO, number of diabetic patients globally in 2016 were around 422 million that have escalated demand for glucose biosensors.
Biosensors for measuring blood metabolites such as lactate, glucose, creatinine, and urea, using both optical and electrochemical modes of transduction, are being routinely used and commercially developed in the point of care testing, laboratories, and for self-testing in the case of glucose monitoring. Biosensors have applications in various segments in the healthcare industry.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Extended use of biosensors in various industries such as medical diagnostics, agricultural and food diagnostic industry has stimulated the demand for biosensors. Wide ranging applications of biosensors in diagnosis of various diseases such as diabetes, cholesterol, haemophilia will impact the industry demand positively. American population suffers from around 7000 rare diseases driving the demand for biosensors.
Significant funding is been made in Europe by Max-Planck Institute in collaboration with the Federal Government of Germany and other German states. The European Molecular Biology Laboratory’s European Institute (EMBL-EBI) and BBSRC, with support by the UK Government, made a commitment of approximately USD 93 million for ELIXIR research infrastructure in 2012.
In addition, the Chinese Government is also investing heavily on its computing infrastructure majorly via the China Grid initiated by Chinese Academy of Sciences and Ministry of Education and the China National Grid (CNGrid) supported by the Ministry of Science and Technology. Presence of such favourable initiatives is expected to have a positive impact on the biosensors market.
The objective of the report is to present comprehensive Global Healthcare Biosensors IoT Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Healthcare Biosensors IoT Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Healthcare Biosensors IoT Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Healthcare Biosensors IoT Market North America for Asia Pacific make the report investor’s guide.
Market Segmentation
Global Healthcare Biosensors IoT Market, By Product Type
• Wearable
• Non-wearable
Global Healthcare Biosensors IoT Market, By Technology
• Electrochemical
• Optical
• Thermal
• Piezoelectric
• Others
Global Healthcare Biosensors IoT Market, By Application
• Blood glucose testing
• Cholesterol testing
• Blood gas analysis
• Pregnancy testing
• Drug Discovery
• Infectious disease testing
• Others
Global Healthcare Biosensors IoT Market, By End Use
• Point of care testing
• Home healthcare diagnostics
• Research laboratories
• Others
The above data will be provided for following regions/countries (USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
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Global Healthcare Biosensors IoT Market size was valued over USD 17 billion in 2017 and is expected to witness growth of ~8% CAGR from 2018 to 2024.
For instance, newly developed glucometers have embedded microchips that allows accurate and quick detection of sugar levels at home.
Biosensors for measuring blood metabolites such as lactate, glucose, creatinine, and urea, using both optical and electrochemical modes of transduction, are being routinely used and commercially developed in the point of care testing, laboratories, and for self-testing in the case of glucose monitoring.
Extended use of biosensors in various industries such as medical diagnostics, agricultural and food diagnostic industry has stimulated the demand for biosensors.
Significant funding is been made in Europe by Max-Planck Institute in collaboration with the Federal Government of Germany and other German states.
In addition, the Chinese Government is also investing heavily on its computing infrastructure majorly via the China Grid initiated by Chinese Academy of Sciences and Ministry of Education and the China National Grid (CNGrid) supported by the Ministry of Science and Technology.
Global Biostimulants Market was valued US$ 1.90 Bn in 2018 and is estimated to reach US$ 4.30 Bn by 2026 at a CAGR of about 10.75% during a forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.The report segment of the biostimulants market based on the active ingredient, crop type, application, form, and region.
In terms of the active ingredient, the biostimulants market is divided into acid-based, seaweed extract, microbial, others.
Based on crop type, the biostimulants market is classified into row crops & cereals, fruits & vegetables, turf & ornamentals, others.
However, lack of education and awareness among farmers, and the number of challenges faced by new entrants and small players restraints the growth of biostimulants market.
Also, unavailability of the standardized regulatory framework for biostimulants and scientific & technical challenges for improvement of biostimulants challenges the growth of this market to some extent.Global Biostimulants market is segmented into the active ingredient, crop type, application, form, and region.
Global Honeycomb Core Material Market was valued at USD 2.05 Billion in 2018 and is expected to reach USD 5.07 Billion by 2026 at a CAGR of 11.98%.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Honeycomb Core Materials MarketEscalating demand for high strength, lightweight and environment-friendly packaging solutions are driving the growth of the honeycomb core materials market.
Players operating in the honeycomb core material are entering into agreements with other companies to develop new products and acquiring smaller companies to grow their presence and secure their position in the global market.Honeycomb core materials market based on end-use industry, the packaging segment is estimated to lead the honeycomb core materials market in terms of volume as well as value.
Honeycomb core materials are not only durable and strong but they also offer rigidity and cushioning thereby providing outstanding protection.The paper segment can be further attributed to increasing in demand for honeycomb core materials in protecting industrial appliances.
Household equipment and delicate & fragile products are also protected from external influence during transportation with the application of honeycomb core materials further helping the overall growth.Asia Pacific region formed the largest market for honeycomb core materials market in terms of volume as well as value.
The Global Smart Home Market size was valued at US$ 76.2 Bn in 2019 and is expected to reach US$ 191 Bn by 2026 to exhibit a CAGR of 12.17 % during the forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Smart Home is the term generally used to define a residence that has appliances, lighting, heating, air conditioning, TVs, computers, entertainment audio & video systems, security, and camera systems that are capable of communicating with one another and can be managed remotely by a time schedule, from any room in the home as well as remotely from any location by phone or internet.
The smart home is one that gives its owners comfort, security, energy efficiency, and satisfaction at all times, regardless of whether anyone is home.Installation of smart products provide the home and its resident's different benefits, the same benefits that technology and personal computing have brought to us over the past 30 years convenience and savings of time, money and energy.Growth of the smart home market is driven by different factors like base of internet users, enlarged adoption of smart devices, rise in the awareness of fitness and healthy lifestyles owning to the high disposable income in developing economies, high importance of home monitoring from remote locations, increase in the need for energy saving and low carbon emission solutions, cost reduction measures enabled by smart homes, fast growth of smartphones and smart gadgets.Rising adoption of entertainment and other control systems, lighting control solutions, smart speakers, and home appliances increasing the growth of the smart home market.Smart homes have gained an increased awareness of both policies and government regulations across the globe.The major restraints of the smart home market are climate change, fluctuating energy prices, energy security, and supply concerns have necessitated new ways of producing, delivering and consuming energy.Entertainment and other controls segment are expected to hold the largest share of the smart home market during the forecast period due to entertainment has become an important part of life as it gives composure and rejuvenation.
Most of the control systems used in smart homes are audio, volume, and multimedia room controls.
The growth of the market for audio, volume, and multimedia room controls is managed by the convenience provided by these controls for managing as well as controlling the entertainment systems within a house.
