Report ID: SQMIG45J2077
Report ID:
SQMIG45J2077 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
67 |
Figures:
80
North America is the dominant region in the global biosensors market. North America held the largest revenue share of over 39.60% in 2023 owing to the presence of key populations and rise in targeted diseases during the forecast period, technological advancements, that the introduction of small diagnostic tools that increase the penetration of electronic medical records into the market. Additionally, the Clean Air Act, Clean Water Act and National Environmental Policy Act all exist in the US. and is expected to boost the regional market.
Increasing prevalence of chronic diseases such as diabetes and cancer among the population is fueling the growth of the market in Asia-Pacific. The region is expected to exhibit the highest CAGR during the forecast period owing to the increasing demand for diagnostic monitoring facilities in healthcare settings. Increasing number of diagnostics will drive the adoption of biosensor-based devices consumption across the globe is growing, driving the market from 2024 to 2031. In 2021, there will be more than 90.0 million people (about twice the population of California) in Southeast Asia aged 20 to 79, and the number is expected to rise to 113.0 million by 2030, according to data from the International Diabetes Federation (IDF).
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Report ID: SQMIG45J2077