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NON-INVASIVE BIOSENSORS MARKET ANALYSIS

Non-invasive Biosensors Market, by Technology (Optical, Transdermal, Thermal, and Others), by Product Type (Glucose Monitors, Blood Analytes Monitors, Breathalyzers, and Others), by End User (Hospitals, Diagnostic Lab, Homecare Settings, and Others) and by Region - Global Forecast to 2026

  • Published In : May 2018
  • Code : CMI1704
  • Pages :173
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Non-Invasive Biosensors MarketSize and Trends

The global non-invasive biosensor market was valued at US$ 2.7 Bn in 2017 and is expected to witness a CAGR of 12.1% over the forecast period (2018–2026).

Figure 1. Global Non-invasive Biosensor Market Size (US$ Bn), By Region, 2017

non invasive biosensors market

Source: Coherent Market Insights Analysis (2017)

Increasing research and development and robust pipeline of novel non-invasive biosensors is expected to drive growth of the non-invasive biosensor market

Increasing research and development and a robust pipeline of novel non-invasive biosensors is expected to drive growth of the global non-invasive biosensor market in the near future. For instance, MediWise Ltd.—a U.K.-based company—has its product GlucoWise in clinical trial. GlucoWise is a non-invasive glucose monitor device and is expected to be launched in 2018. In 2017, researchers from University of Cincinnati developed a non-invasive biosensor, which uses chemical stimulant to produce sweat and uses sweat to monitor biometrics.

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