Global Smart Biosensors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Wearable Biosensors and Non-Wearable Biosensors.

By Technology;

Electrochemical Biosensors, Piezoelectric Biosensors, Optical Biosensors, Thermal Biosensors, Nanomechanical Biosensors, and Others.

By Application;

Blood Glucose Testing, Cholesterol Testing, Blood Gas Analysis, Pregnancy Testing, Drug Discovery, Infectious Disease Testing, and Others.

By End User;

Point-Of-Care, Home Diagnostics, Research Labs, Security & Biodefense, Environmental Monitoring, Food & Beverage Industry and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn749275656 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Smart Biosensors Market (USD Million), 2021 - 2031

In the year 2024, the Global Smart Biosensors Market was valued at USD 13,964.63 million. The size of this market is expected to increase to USD 24,592.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The demand for biosensors is experiencing a surge driven by their diverse applications in medicine, particularly with the increasing diabetic patient population, the need for compact diagnostic devices, and rapid technological advancements. Timely and accurate disease diagnosis is crucial for patient prognosis and survival, leading to a growing demand for disposable, convenient, and cost-effective biosensor devices with rapid response times. The onset of the COVID-19 pandemic further propelled the demand for biosensors, as they were utilized for early symptom scanning and detection, positively impacting the medical device industry.

Noteworthy technological advancements and strategic initiatives by key market players, such as the establishment of Biosensors Centers of Excellence like Intricon's in January 2023, underscore the industry's growth trajectory. This move signifies a commitment to integrating expertise and capabilities to introduce innovative biosensor devices to the medical market, driving positive growth. Nanotechnology-based biosensors are expected to find wide-ranging applications across industries, including food analysis, imaging, and microbial activity monitoring. The market is consolidating due to the growing preference for non-invasive biosensors, increased popularity of medical devices and specialty drugs, and rising research collaborations and contracts among manufacturers, such as Ethicon Endo-Surgery Inc.'s agreements administered by Johnson & Johnson Innovation. Moreover, rising awareness about continuous health monitoring is fueling industry growth, with athletes increasingly using Electromyography (EMG) biosensors to monitor their health and receive alerts in case of anomalies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Smart Biosensors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of chronic diseases
        2. Growing demand for personalized medicine
        3. Government initiatives
      2. Restraints
        1. High cost of biosensors
        2. Data security and privacy concerns
        3. Regulatory hurdles
      3. Opportunities
        1. Integration with wearable devices
        2. Biosensor development for new applications
        3. Focus on miniaturization and cost-effectiveness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Smart Biosensors Market, By Product Type, 2021 - 2031 (USD Million)
      1. Wearable Biosensors
      2. Non-Wearable Biosensors
    2. Global Smart Biosensors Market, By Technology, 2021 - 2031 (USD Million)
      1. Electrochemical Biosensors
      2. Piezoelectric Biosensors
      3. Optical Biosensors
      4. Thermal Biosensors
      5. Nanomechanical Biosensors
      6. Others
    3. Global Smart Biosensors Market, By Application, 2021 - 2031 (USD Million)
      1. Blood Glucose Testing
      2. Cholesterol Testing
      3. Blood Gas Analysis
      4. Pregnancy Testing
      5. Drug Discovery
      6. Infectious Disease Testing
      7. Others
    4. Global Smart Biosensors Market, By End User, 2021 - 2031 (USD Million)
      1. Point-Of-Care
      2. Home Diagnostics
      3. Research Labs
      4. Security & Biodefense
      5. Environmental Monitoring
      6. Food & Beverage Industry
      7. Others
    5. Global Smart Biosensors Market, By Geography, 2023 - 2033 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Point Of Care Inc
      2. Medtronic
      3. F. Hoffman La-Roche Ltd
      4. Siemens Healthcare AG
      5. Lifescan, Inc
      6. LifeSensors Inc
      7. Nova Biomedical Corp
      8. Acon Laboratories Inc
      9. Universal Biosensors
      10. Pharmaco-Kinesis Corporation
      11. Biacore
      12. Others
  7. Analyst Views
  8. Future Outlook of the Market