Global Bio Electronics & Bio Sensors Market Size Study, By Technology (Bio Sensor, CMOS Platform, Optical Sensors), By Application (Biochips, Implantable Medical Devices, Prosthetic Devices, Artificial Organs, Electronic Pills, Diabetic Devices) and Regional Forecasts, 2017-2025

  • Product Code:
    RP-ID-10012988
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    180
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The global bio electronic market is valued USD $15 billion in 2016 and is expected to grow at a CAGR of 11.6% during the forecast period 2017-2025. The market is driven by various factors such as rapid advancement in semiconductor technology, high demand in implantable medical devices, increasing prevalence of neural and cardiac diseases among others. The emerging healthcare technologies such as lab on chip, ambulatory surgical centres, and personalized devices are also fostering the convergence of electronic engineering into biology. Although electronics and biology has been evolving since last two decades, the recent developments in sensors and semiconductor technologies is expected to fuel innovation in the bio electronics market.
Applications:
 Biochips
 Implantable Devices
 Prosthetic Devices
 Artificial Organs
 Electronic Pills
 Diabetic Devices

Technology:
 Bio Sensor
 CMOS Platform
 Optical Sensors

Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
o France
 Asia Pacific
o China
o India
o Japan
 Rest of the World
Among various applications, implantable medical devices dominate with the more than 50% contribution to the revenue share. The primary factor for high adoption rate is the rising demand for implantable medical devices in cardiovascular diseases. However, artificial organs are expected to emerge as the fastest growing application area. The increasing adoption of artificial joint replacement surgery specially for hip and knee joint is the primary driver for the growth of artificial joint applications.
Geographically, global bio electronics market is segmented into North America, Asia Pacific, Europe & RoW. The report further provides detailed analysis of key countries under each of these regions. Although North America is the dominant region in 2016 with more than 40% of the market capture, Asia Pacific is expected to lead the market by 2025. North America bio electronic industry is more regulated as compared to other regions thus witnessing a positive response from the patients. Moreover, the region has significant inflow of investments both from public and private sector that compels the research and development in the bio electronic market. In long run APAC is expected to witness high growth due to innovations & new product developments from countries such as China and Japan.
Bio electronics market covers a vast area of study of various individual markets such as CRMD, diabetic devices, ear implants, biochips and others. Thus, the market is highly fragmented with presence of large number of vendors, enhancing their capabilities with their market area. Some of the key players in the global bio electronic market includes. Abbott Laboratories, Avago, Bioelectronics Corporation, Danaher Corporation, Medtronics, Roche and so on. All these companies are focusing on innovations and product launch in their respective areas. Mergers and acquisitions are among the most undertaken strategic initiatives in the current scenario. Many companies acquire or merge with the other healthcare company for mutual growth and development.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Avago
Bio-electronics Corporation
Danaher Corporations
Honeywell International
Medtronics
Roche
Siemens AG
Beckman Coulters
Life Sensors
Omnivision Technologies
Sensirion
Nova Biomedical Corporation
Aga Matrix
Sotera Wireless
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