Market Challenges And Opportunities

Biodetection Market Outlook - Increasing Cross-border Wars Leading to Growing Concern About Bio-contaminants

Regulatory policies and safety standards govern global biodetection market growth. Geographically, Europe and North America are the major revenue contributors to the global biodetection market, as these regions make major investments in bio-surveillance systems and ensure implementation of highly efficient technologies and systems. On the other hand, Asia Pacific and Rest of the World provides lucrative opportunities for biodetection systems, as the governments in these regions are trying to prevent bio attacks and implement effective methods for minimizing damage caused by these attacks.

Steady rise in use of biological agents and weapons along with increased awareness of bioterrorism and biological warfare, is fueling demand for biodetection, especially in Asia Pacific and Middle East regions. Biodetection technologies and medications against potential biological agents and extensive support from governments across the globe is projected to further propel growth of biodetection market. On the contrary, challenges in identification of minute pathogens and increasing misuse of scientific technologies along with increasing circulation of harmful biological weapons and agents would impede biodetection market growth. Some of the companies operating in the global biodetection market include Agilent Technologies, Smiths Group plc, Cepheid, Inc., Roche Diagnostics, Dycor Technologies, Ltd., and BioDetection Systems B.V.