The global bio detectors and accessories market size is expected to reach USD 38.64 billion by 2030, expanding at a CAGR of 12.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing prevalence of airborne and contact diseases such as anthrax, coronavirus, and plague is a high impact rendering driver of biodetectors and accessories market.
Bio Detectors And Accessories Market Report Highlights
- In 2023, instruments dominated the product segment, accounting for a revenue share of over 37.9%, owing to its incorporation in a wide range of applications such as biohazard detection, pharmaceutical research, and forensic sciences
- The clinical applications market held a substantial share constituting of over 36.1% of the overall revenue owing to rising incorporation of biodetector kits & reagents in DNA analysis, human cell identification, laboratory-based pathogen testing, and toxin detection and identification.
- Point of care testing dominated the end-use segment as a consequence of rising penetration of these devices in medical analytics, toxicology, drug screening, and rapid diagnosis of heart diseases through detection of biomarkers. Other end-use segment inclusive of biodefense is anticipated to be the fastest growing market owing to rising R&D investments in chemical detection systems coupled with high threat of bioterrorism and disease outbreaks
- Some key players catering to this industry are Bio-Rad Laboratories, Inc., PositiveID Corporation, LightDeck Diagnostics, Thermo Fisher Scientific Inc., Shimadzu Corporation, BERTIN TECHNOLOGIES, MSA the Safety Company, Research International, Shimadzu Corporation, Agilent Technologies, Bio Rad Laboratories, Thermo Fisher Scientific, Response BioMedical, Corp.,Physical Sciences, Inc., NetBio, Inc., andMBio Diagnostics, Inc.
- In April 2024, Bio-Rad Laboratories, Inc. introduced ultrasensitive multiplexed digital Polymerase Chain Reaction (PCR) assay, ddPLEX ESR1 Mutation Detection Kit. This new assay enhances the organization’s Droplet Digital PCR offerings for oncology, providing highly sensitive detection assays to support translational research, disease monitoring and therapy selection.
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According to the World Health Organization (WHO),plague is a severe air-borne disease with casefatality ratio of 30%-60% and there were 783 cases reported globally in 2013. Moreover, continuous deterioration of environmental conditions as a consequence of increasing pollution is anticipated to induce demand for biodetectors and accessories market.
Furthermore, the advent of technologically-advanced products such as microfluidics-based detectors, micro arrays, PCR, and electrochemiluminescence-based devices is anticipated to propel demand for biodetectors in a wide range of applications, thereby fueling growth of overall market over the forecast period. For instance, in November 2015, Smiths Detection launched TRACE-PRO, probe-based non-radioactive explosives detector.
This product exhibited enhanced speed and increased efficiency of the sample screening. The aforementioned factors are expected to serve as key contributing factors towards growth of biodetectors and accessories market over the forecast period.
List of major companies in Bio Detectors And Accessories Market
- Bio-Rad Laboratories, Inc.
- PositiveID Corporation
- LightDeck Diagnostics
- Thermo Fisher Scientific Inc.
- Shimadzu Corporation
- BERTIN TECHNOLOGIES
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We have segmented the global bio detectors and accessories market based on component, deployment, end-use, and region:
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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