Non- Invasive Biosensors Market Report- Industry Trends, Key Players, Trade data, Pricing Analysis By Technology Type(Optical, Transdermal, Thermal), By Product Type(Breathalyzers, Glucose & Blood Analyses Monitor)

Global Non-invasive Biosensors Market Outlook 2017-2025

Market Overview

Wearable sensors have gained significant recent attention owing to their remarkable promise for a plethora of applications. Yet the lack of reliable non-invasive chemical sensors has greatly hindered development in the space of on-body sensing. Electrochemical sensors offer significant promise as wearable chemical sensors that are appropriate for miscellaneous applications attribute to their high performance, essential miniaturization, and low cost. Further, an extensive range of wearable electrochemical sensors and biosensors has been introduced for real-time non-invasive monitoring of electrolytes and metabolites in sweat, tears, or saliva as indicators of a wearer's health status. With constant innovation and responsiveness to key challenges, such non-invasive electrochemical sensors and biosensors are anticipated to open up new exhilarating avenues in the field of wearable wireless sensing devices and body-sensor networks, and thus find substantial use in a wide range of personal health-care monitoring applications, as well as in sport and military applications. Additionally, augmented investments by major players over research and development activities to develop novel non-invasive biosensors are projected to drive growth of the global non-invasive biosensor market in the near future. For instance, MediWise Ltd.—a U.K.-based company—has its product GlucoWise in clinical trial. Also, in 2017, researchers from University of Cincinnati developed a non-invasive biosensor, which utilize chemical stimulant to produce sweat and uses sweat to monitor biometrics.

Goldstein Research analyst forecast global non-invasive biosensors market is expected to thrive with the emergence of new technologies and surge in digitalization of medical devices and demand for analytic solutions. Further, the non-invasive biosensors market is likely to expand at a CAGR of 10.4% over the forecast period and the major growth regions are likely to be the Europe and North America.

Global Non-invasive Biosensors Market Segmentation

By Technology Type

• Optical
• Transdermal
• Thermal
• Others

By Product Type

• Glucose monitors
• Blood Analyses Monitors
• Breathalyzers
• Others

Based on type of product type, glucose monitors dominated the market with a share of around 60.0% in 2016. Moreover, glucose monitors are also likely to maintain its dominance over the forecast period owing to growing prevalence of diabetes across the globe.

By End User

• Hospitals
• Diagnostic Lab
• Homecare Settings

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Non-invasive Biosensors Market
• Europe (UK, France, Italy, Germany, Spain, Sweden, Russia, Netherlands, Norway and Rest of Europe) {Market Share (%), Market Size (USD Billion)} Non-invasive Biosensors Market
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} Non-invasive Biosensors Market
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} Non-invasive Biosensors Market
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} Non-invasive Biosensors Market

Based on geography, North America is expected to dominate the market followed by Europe during the forecast period. Dominance of North America is majorly attributed to the advanced healthcare infrastructure and dominance in global healthcare IT industry. Moreover, US will maintain its dominance in North America over the forecast period. Further, Asia Pacific region and other developing nations are likely to emerge as the area with maximum growth potential owing to focus of key players in emerging economies and improving healthcare infrastructure.

Covered In This Global Non-invasive Biosensors Market Report              

The report covers the present ground scenario and the future growth prospects of the non-invasive biosensors for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Global Non-invasive Biosensors market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Non-invasive Biosensors Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global mon-invasive biosensors market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Non-invasive Biosensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global Non-invasive Biosensors Industry analysis report comprises of the following companies as the key players: Nemaura Medical, Inc., MediWise Ltd., Integrity Applications Inc., OrSense, Medtronic Plc, GE Healthcare, Philips Healthcare, Akers Biosciences, Inc. and Abbott Laboratories.

The following startups are developing attention-grabbing non-invasive measuring techniques for biosensor devices: Eccrine Systems, Consumer Physics, Nix Biosensors and ContinUse Biometrics.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered In This Global Non-Invasive Biosensors Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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