Biosensors Market Estimated To Flourish At USD 21.2 Billion By 2020: Grand View Research Inc.
San Francisco, 19 March 2019: The Report Biosensors Market Size, Share & Trends Analysis Report By Application (Medical, Agriculture) By Technology (Thermal, Electrochemical, Optical) And Segment Forecasts, 2012 – 2020 The global Biosensors Market is anticipated to reach USD 21.2 billion by 2020, according to a new report by Grand View Research, Inc. Myriad applications in the medical field, rising diabetic population base, high demand for miniature diagnostic devices, and rapid technological advancements are the key factors that are driving the market growth. Growing technological developments within all the segments of biosensors are expected to be significant drivers for the growth of biosensors market over the forecast period. For instance, novel advancement in the development of optical quantum dots is expected to provide novel avenues for application in biopharmaceutical development, proteomic analysis, and vaccine development. Similarly, growing applications for