The biodetectors and accessories market is predicted to grow at a steady CAGR of 12.6% during the projected period of 2022 to 2032. The biodetectors and accessories market size is estimated to be worth approximately US$ 47.1 Billion by 2032, increasing from US$ 12.7 Billion in 2021.
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Attributes |
Details |
Biodetectors And Accessories Market Size (2021) |
US$ 12.7 Bn |
Biodetectors And Accessories Market Value (2022) |
US$ 14.4 Bn |
Biodetectors And Accessories Market Value (2032) |
US$ 47.1 Bn |
Biodetectors And Accessories Market Growth Rate (2022-2032) |
12.6% |
Biodetectors And Accessories Market Key Players |
- Biodetection Instruments Inc.
- PositiveID Corporation
- BioDetection Systems
- Bertin Technologies
- BBI Detection
|
Due to the rising levels of pollution and the rising burden of airborne diseases, the demand for biodetectors and accessories is projected to grow during the forecast period.
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Key Takeaways
- During the projected period, the United States is expected to lead the biodetectors and accessories market with a CAGR of 12.2 percent through 2032.
- China is expected to expand at a significant CAGR of 12.0%. Due to increased outsourcing operations and improved healthcare infrastructure, the China biodetectors and accessories market is projected to see lucrative growth prospects in the future.
- With a CAGR of 12.3 percent during the projected period, the clinical segment is expected to lead the biodetectors and accessories market. DNA analysis, biomarker identification, illicit substances, toxins, and disease detection are all on the rise.
- The biodetectors and accessories market is expected to be dominated by point of care testing, by end user.
Competitive Landscape
The biodetectors and accessories market is dominated by key players such as BioDetection Instruments, Inc., PositiveID Corporation, BioDetection Systems, Bertin Technologies, Response BioMedical, Corp., and BBI Detection.
The market’s leading companies use a variety of strategies, including product launches, mergers and acquisitions, and contracts and collaborations. These strategies should lead to more effective and high-performing biodetectors and accessories, as well as better market laws and customer satisfaction.
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Key Segments Covered In This Report:
- By Product Type
- Biodetection Instruments
- Reagents & Media
- Accessories & Consumables
- By Application
- Clinical
- Food & Environment
- Defense
- By End user
- Point of Care Testing
- Diagnostics
- Research Laboratories
- Others
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
Recent Developments
- In August 2019, Agilent Technologies Inc. released the first multimode RTCA (real-time cell analyzer), which combines the best of non-invasive biosensor measurement technologies with live-cell imaging.
- In July 2018, PositiveID used their FireflyDX tool to test the listeria bacterium in order to identify prototype pathogens prevalent in dairy products and meals. This technique will assist the business in producing higher-quality items and gaining a competitive advantage.
- In May 2019, EDP Biotech Corporation and Luminex Corporation inked a non-exclusive agreement under which the former will develop, manufacture, and commercialize ColoPlex, a blood-based colorectal cancer diagnostic assay that employs Luminex’s xMAP Technology.
- At the Biodefense World Summit 2019 in Maryland, U.S., TetraCore, Inc. presented its breakthrough multiplex test for orthopoxvirus (OPV) detection.
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