Biosensors Market - Surge in Technological Advances to Boost Biosensors Market with 8.10% CAGR
The global biosensors market is predicted to witness vigorous growth in forthcoming years, according a report by Transparency Market Research (TMR). Currently, the global biosensors market is consolidated due to the involvement of few top organizations. Several emerging biopharmaceutical companies are expected to foresee great development in the field of biosensors monitoring devices. Leading companies in the global biosensors market are enforcing better product quality to sustain the growth in demand from various biosensor applications. Some of the leading companies in the global biosensors market are Abbott Point of Care, Inc., LifeScan, Inc., AgaMatrix, Inc., LifeSensors, Inc., Nova Biomedical Corporation, Medtronic, Inc., F. Hoffmann-La Roche Ltd., Animas Corporation, and Siemens Healthcare. TMR’s report predicts that the global biosensors market is predicted to progress from US$12.4 bn in 2013 to US$21.6 bn by 2020, and is expected to rise at a healthy 8.10% CAGR over the f...