TechNavio today launched its report Global Medical Biosensors Market 2011“2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said; The leading medical biosensor vendors in the market are currently focusing on the technological improvement and advancement of various biosensor applications through R&D to find ways to minimize manufacturing costs and commercialize their products with enhanced effectiveness and user-friendly nature. Some unique technological developments include the development of silicon micro-sensors and the usage of optical fibers in medical biosensors for long periods of interaction and at reduced cost price.
According to the report, medical biosensors, which form an integral part of glucose monitoring devices, are thus assuming increasing importance in this field. Further, flexible biosensors are among the most commonly used devices for glucose monitoring. Thus, the significant increase in the sales of glucose monitoring devices with biosensor technologies is expected to boost the growth of the Global Medical Biosensors market over the period 2011“2015.
Further, the report also discusses that increasing number of instances of product obsolescence is restricting the growth of the Global Medical Biosensors market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-medical-biosensors-market-2011-2015
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