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Sensors

PUBLISHER: Grand View Research | PRODUCT CODE: 1493233

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PUBLISHER: Grand View Research | PRODUCT CODE: 1493233

Electrochemical Sensors Market Size, Share & Trends Analysis Report By Application (Healthcare, Agriculture, Food & Beverage, Veterinary), By Region, And Segment Forecasts, 2024 - 2030-

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Description

Table of Contents

List of Tables

Electrochemical Sensors Market Growth & Trends:

The global electrochemical sensors market size is expected to reach USD 18.4 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030, based on a new report by Grand View Research, Inc. The market growth can be attributed to the increasing applications of electrochemical sensors in various industries such as environmental monitoring, healthcare, and food & beverage. Moreover, the rising demand for portable and wearable devices, along with advancements in sensor technology, is fueling market expansion.

Rising prevalence of diabetes across the globe is anticipated to boost the market growth. Antimicrobial resistance, adoption of unhealthy & sedentary lifestyle, alcohol consumption, and smoking are some of the major factors contributing to the rise in prevalence of diabetes. The CDC's 2022 National Diabetes Statistics Report estimated that over 130 million U.S. individuals were suffering from diabetes or prediabetes. Due to maintaining sugar-rich diets and a lack of exercise, diabetes has reached epidemic levels in the U.S. By 2050, one in three U.S. individuals is expected to have diabetes if the current disease incidence persists.

Electrochemical sensors can measure factors such as nutrient levels (e.g., nitrates, phosphates), pH, and moisture content in soil, allowing for targeted application of fertilizers and irrigation. This reduces waste and environmental impact and improves crop yield and quality. In addition, they can detect the presence of disease markers or specific plant metabolites, enabling early intervention and improved pest management strategies. With the growing need for sustainable and efficient agricultural practices, electrochemical sensors are poised to play a vital role, propelling their market growth in the agricultural sector.

Electrochemical Sensors Market Report Highlights:

  • By application, the healthcare segment dominated the global electrochemical sensor market in 2023 with a revenue share of 97.1%. The segment growth can be attributed to the extensive use of these sensors in medical diagnostics, patient monitoring, and therapeutic applications.
  • In 2023, North America held the largest revenue share of 40.4% in 2023. This can be attributed to the strong presence of key market players and research institutions in the region, which is driving innovation in sensor technology. Moreover, stringent regulations regarding environmental monitoring and safety standards in industries are contributing to the high demand for electrochemical sensors.
  • Asia Pacific is projected to register the fastest CAGR of 9.8% during the forecast period. Key factors driving the market growth are presence of a significant target population, an increasing number of government initiatives, and the rising incidence of food allergies.
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Product Code: GVR-4-68040-263-9

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Segment Definitions
    • 1.2.1. Application
    • 1.2.2. Regional scope
    • 1.2.3. Estimates and forecast timeline
  • 1.3. Research Methodology
  • 1.4. Information Procurement
    • 1.4.1. Purchased database
    • 1.4.2. GVR's internal database
    • 1.4.3. Secondary sources
    • 1.4.4. Primary research
    • 1.4.5. Details of primary research
  • 1.5. Information or Data Analysis
    • 1.5.1. Data analysis models
  • 1.6. Market Formulation & Validation
  • 1.7. Model Details
    • 1.7.1. Commodity price analysis (Model 1)
    • 1.7.2. Approach 1: Commodity flow approach
  • 1.8. List of Secondary Sources
  • 1.9. List of Primary Sources
  • 1.10. Objectives

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
  • 2.3. Competitive Insights

Chapter 3. Global Electrochemical Sensors Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Parent market outlook
    • 3.1.2. Related/ancillary market outlook
  • 3.2. Market Dynamics
    • 3.2.1. Market driver analysis
    • 3.2.2. Market restraint analysis
  • 3.3. Electrochemical Sensors Market Analysis Tools
    • 3.3.1. Industry Analysis - Porter's
      • 3.3.1.1. Supplier power
      • 3.3.1.2. Buyer power
      • 3.3.1.3. Substitution threat
      • 3.3.1.4. Threat of new entrant
      • 3.3.1.5. Competitive rivalry
    • 3.3.2. PESTEL Analysis
      • 3.3.2.1. Political landscape
      • 3.3.2.2. Technological landscape
      • 3.3.2.3. Economic landscape

Chapter 4. Global Electrochemical Sensors Market: Application Estimates & Trend Analysis

  • 4.1. Electrochemical Sensors Market: Application Dashboard
  • 4.2. Electrochemical Sensors Market: Application Movement Analysis
  • 4.3. Electrochemical Sensors Market Size & Forecasts and Trend Analysis, 2018 to 2030
    • 4.3.1. Healthcare
      • 4.3.1.1. Market estimates and forecast 2018 to 2030 (USD Billion)
    • 4.3.2. Agriculture
      • 4.3.2.1. Market estimates and forecast 2018 to 2030 (USD Billion)
    • 4.3.3. Food & Beverage
      • 4.3.3.1. Market estimates and forecast 2018 to 2030 (USD Billion)
    • 4.3.4. Veterinary
      • 4.3.4.1. Market estimates and forecast 2018 to 2030 (USD Billion)

Chapter 5. Regional Estimates & Trend Analysis by Application

  • 5.1. Global Electrochemical Sensors Market: Regional Dashboard
  • 5.2. Global Electrochemical Sensors Market: Regional Movement Analysis
  • 5.3. Global Electrochemical Sensors Market Size & Forecasts and Trend Analysis, by Application, 2018 to 2030
  • 5.4. North America
    • 5.4.1. U.S.
      • 5.4.1.1. Key country dynamics
      • 5.4.1.2. Regulatory framework/ reimbursement structure
      • 5.4.1.3. Competitive scenario
      • 5.4.1.4. U.S. market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.4.2. Canada
      • 5.4.2.1. Key country dynamics
      • 5.4.2.2. Regulatory framework/ reimbursement structure
      • 5.4.2.3. Competitive scenario
      • 5.4.2.4. Canada market estimates and forecast, 2018 - 2030 (USD Billion)
  • 5.5. Europe
    • 5.5.1. UK
      • 5.5.1.1. Key country dynamics
      • 5.5.1.2. Regulatory framework/ reimbursement structure
      • 5.5.1.3. Competitive scenario
      • 5.5.1.4. UK market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.2. Germany
      • 5.5.2.1. Key country dynamics
      • 5.5.2.2. Regulatory framework/ reimbursement structure
      • 5.5.2.3. Competitive scenario
      • 5.5.2.4. Germany market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.3. France
      • 5.5.3.1. Key country dynamics
      • 5.5.3.2. Regulatory framework/ reimbursement structure
      • 5.5.3.3. Competitive scenario
      • 5.5.3.4. France market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.4. Italy
      • 5.5.4.1. Key country dynamics
      • 5.5.4.2. Regulatory framework/ reimbursement structure
      • 5.5.4.3. Competitive scenario
      • 5.5.4.4. Italy market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.5. Spain
      • 5.5.5.1. Key country dynamics
      • 5.5.5.2. Regulatory framework/ reimbursement structure
      • 5.5.5.3. Competitive scenario
      • 5.5.5.4. Spain market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.6. Sweden
      • 5.5.6.1. Key country dynamics
      • 5.5.6.2. Regulatory framework/ reimbursement structure
      • 5.5.6.3. Competitive scenario
      • 5.5.6.4. Sweden market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.7. Norway
      • 5.5.7.1. Key country dynamics
      • 5.5.7.2. Regulatory framework/ reimbursement structure
      • 5.5.7.3. Competitive scenario
      • 5.5.7.4. Norway market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.5.8. Denmark
      • 5.5.8.1. Key country dynamics
      • 5.5.8.2. Regulatory framework/ reimbursement structure
      • 5.5.8.3. Competitive scenario
      • 5.5.8.4. Denmark market estimates and forecast, 2018 - 2030 (USD Billion)
  • 5.6. Asia Pacific
    • 5.6.1. China
      • 5.6.1.1. Key country dynamics
      • 5.6.1.2. Regulatory framework/ reimbursement structure
      • 5.6.1.3. Competitive scenario
      • 5.6.1.4. China market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.6.2. Japan
      • 5.6.2.1. Key country dynamics
      • 5.6.2.2. Regulatory framework/ reimbursement structure
      • 5.6.2.3. Competitive scenario
      • 5.6.2.4. Japan market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.6.3. India
      • 5.6.3.1. Key country dynamics
      • 5.6.3.2. Regulatory framework/ reimbursement structure
      • 5.6.3.3. Competitive scenario
      • 5.6.3.4. India market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.6.4. Australia
      • 5.6.4.1. Key country dynamics
      • 5.6.4.2. Regulatory framework/ reimbursement structure
      • 5.6.4.3. Competitive scenario
      • 5.6.4.4. Australia market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.6.5. Thailand
      • 5.6.5.1. Key country dynamics
      • 5.6.5.2. Regulatory framework/ reimbursement structure
      • 5.6.5.3. Competitive scenario
      • 5.6.5.4. Thailand market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.6.6. South Korea
      • 5.6.6.1. Key country dynamics
      • 5.6.6.2. Regulatory framework/ reimbursement structure
      • 5.6.6.3. Competitive scenario
      • 5.6.6.4. South Korea market estimates and forecast, 2018 - 2030 (USD Billion)
  • 5.7. Latin America
    • 5.7.1. Brazil
      • 5.7.1.1. Key country dynamics
      • 5.7.1.2. Regulatory framework/ reimbursement structure
      • 5.7.1.3. Competitive scenario
      • 5.7.1.4. Brazil market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.7.2. Mexico
      • 5.7.2.1. Key country dynamics
      • 5.7.2.2. Regulatory framework/ reimbursement structure
      • 5.7.2.3. Competitive scenario
      • 5.7.2.4. Mexico market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.7.3. Argentina
      • 5.7.3.1. Key country dynamics
      • 5.7.3.2. Regulatory framework/ reimbursement structure
      • 5.7.3.3. Competitive scenario
      • 5.7.3.4. Argentina market estimates and forecast, 2018 - 2030 (USD Billion)
  • 5.8. MEA
    • 5.8.1. Saudi Arabia
      • 5.8.1.1. Key country dynamics
      • 5.8.1.2. Regulatory framework/ reimbursement structure
      • 5.8.1.3. Competitive scenario
      • 5.8.1.4. Saudi Arabia market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.8.2. South Africa
      • 5.8.2.1. Key country dynamics
      • 5.8.2.2. Regulatory framework/ reimbursement structure
      • 5.8.2.3. Competitive scenario
      • 5.8.2.4. South Africa market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.8.3. UAE
      • 5.8.3.1. Key country dynamics
      • 5.8.3.2. Regulatory framework/ reimbursement structure
      • 5.8.3.3. Competitive scenario
      • 5.8.3.4. UAE market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.8.4. Kuwait
      • 5.8.4.1. Key country dynamics
      • 5.8.4.2. Regulatory framework/ reimbursement structure
      • 5.8.4.3. Competitive scenario
      • 5.8.4.4. Kuwait market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis, By Key Manufacturers
  • 6.2. Company/Competition Categorization
    • 6.2.1. Heat Map Analysis
    • 6.2.2. Key company market share analysis, 2023
    • 6.2.3. Thermo Fisher Scientific, Inc.
      • 6.2.3.1. Company overview
      • 6.2.3.2. Financial performance
      • 6.2.3.3. Application benchmarking
      • 6.2.3.4. Strategic initiatives
    • 6.2.4. Conductive Technologies Inc.
      • 6.2.4.1. Company overview
      • 6.2.4.2. Financial performance
      • 6.2.4.3. Application benchmarking
      • 6.2.4.4. Strategic initiatives
    • 6.2.5. Ametek Inc.
      • 6.2.5.1. Company overview
      • 6.2.5.2. Financial performance
      • 6.2.5.3. Application benchmarking
      • 6.2.5.4. Strategic initiatives
    • 6.2.6. Abbott
      • 6.2.6.1. Company overview
      • 6.2.6.2. Financial performance
      • 6.2.6.3. Application benchmarking
      • 6.2.6.4. Strategic initiatives
    • 6.2.7. F. Hoffmann-La Roche AG
      • 6.2.7.1. Company overview
      • 6.2.7.2. Financial performance
      • 6.2.7.3. Application benchmarking
      • 6.2.7.4. Strategic initiatives
    • 6.2.8. Ascensia Diabetes Care
      • 6.2.8.1. Company overview
      • 6.2.8.2. Financial performance
      • 6.2.8.3. Application benchmarking
      • 6.2.8.4. Strategic initiatives
    • 6.2.9. Siemens Healthineers
      • 6.2.9.1. Company overview
      • 6.2.9.2. Financial performance
      • 6.2.9.3. Application benchmarking
      • 6.2.9.4. Strategic initiatives
    • 6.2.10. Zimmer & Peacock AS
      • 6.2.10.1. Company overview
      • 6.2.10.2. Financial performance
      • 6.2.10.3. Application benchmarking
      • 6.2.10.4. Strategic initiatives
    • 6.2.11. Metrohm AG
      • 6.2.11.1. Company overview
      • 6.2.11.2. Financial performance
      • 6.2.11.3. Application benchmarking
      • 6.2.11.4. Strategic initiatives
    • 6.2.12. Shandong Renke Control Technology Co., Ltd
      • 6.2.12.1. Company overview
      • 6.2.12.2. Financial performance
      • 6.2.12.3. Application benchmarking
      • 6.2.12.4. Strategic initiatives
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Product Code: GVR-4-68040-263-9

List of Tables

  • Table 1 List of abbreviation
  • Table 2 North America Electrochemical sensors market, by region, 2018 - 2030 (USD Billion)
  • Table 3 North America Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 4 U.S. Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 5 Canada Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 6 Europe Electrochemical sensors market, by region, 2018 - 2030 (USD Billion)
  • Table 7 Europe Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 8 UK Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 9 Germany Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 10 France Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 11 Italy Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 12 Spain Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 13 Denmark Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 14 Sweden Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 15 Norway Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 16 Asia Pacific Electrochemical sensors market, by region, 2018 - 2030 (USD Billion)
  • Table 17 Asia Pacific Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 18 Japan Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 19 China Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 20 India Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 21 Australia Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 22 South Korea Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 23 Thailand Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 24 Latin America Electrochemical sensors market, by region, 2018 - 2030 (USD Billion)
  • Table 25 Latin America Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 26 Brazil Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 27 Mexico Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 28 Argentina Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 29 MEA Electrochemical sensors market, by region, 2018 - 2030 (USD Billion)
  • Table 30 MEA Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 31 Saudi Arabia Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 32 South Africa Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 33 UAE Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)
  • Table 34 Kuwait Electrochemical sensors market, by application, 2018 - 2030 (USD Billion)

List of Figures

  • Fig. 1 Electrochemical sensor market segmentation
  • Fig. 2 Market research process
  • Fig. 3 Information procurement
  • Fig. 4 Primary research pattern
  • Fig. 5 Market research approaches
  • Fig. 6 Market formulation & validation
  • Fig. 7 Market snapshot
  • Fig. 8 Segment snapshot
  • Fig. 9 Competitive landscape
  • Fig. 10 Parent market value, 2023 (USD Billion)
  • Fig. 11 Electrochemical sensor market dynamics
  • Fig. 12 Adults with diabetes across years (in millions)
  • Fig. 13 Prevalence of different cancers in 2020
  • Fig. 14 Leading causes of paralysis
  • Fig. 15 Electrochemical sensor market : PORTER's Analysis
  • Fig. 16 Electrochemical sensor market : PESTEL Analysis
  • Fig. 17 Electrochemical sensor market: by application: key takeaways
  • Fig. 18 Electrochemical sensor market, by application: market share, 2023 & 2030
  • Fig. 19 Healthcare (consumer and professional testing), 2018 - 2030 (USD Billion)
  • Fig. 20 Veterinary market, 2018 - 2030 (USD Billion)
  • Fig. 21 Agriculture market, 2018 - 2030 (USD Billion)
  • Fig. 22 Food & beverages market, 2018 - 2030 (USD Billion)
  • Fig. 23 Electrochemical sensor market revenue, by region, 2023 & 2030, (USD Billion)
  • Fig. 24 Regional marketplace: key takeaways
  • Fig. 25 Regional marketplace: key takeaways
  • Fig. 26 North America electrochemical sensor market , 2018 - 2030 (USD Billion)
  • Fig. 28 U.S. electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 29 Key country dynamics
  • Fig. 30 Canada electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 31 Europe electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 32 Key country dynamics
  • Fig. 33 UK electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 34 Key country dynamics
  • Fig. 35 Proportion of people aged 65 and over with multiple chronic conditions
  • Fig. 36 Germany electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 37 Key country dynamics
  • Fig. 38 Veterinary spending change in France
  • Fig. 39 France electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 40 Key country dynamics
  • Fig. 41 Italy electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 42 Key country dynamics
  • Fig. 43 Volume of wet and dry pet food consumed in Spain (in tons)
  • Fig. 44 Spain electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 45 Key country dynamics
  • Fig. 46 Denmark electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 47 Key country dynamics
  • Fig. 48 Breast and cervical cancer screening rates in Sweden and EU
  • Fig. 49 Sweden electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 50 Key country dynamics
  • Fig. 51 Cancer cases in men and women in Norway (2022)
  • Fig. 52 Norway electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 53 Asia Pacific electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 54 Key country dynamics
  • Fig. 55 Japan electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 56 Key country dynamics
  • Fig. 57 China electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 58 Key country dynamics
  • Fig. 59 India electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 60 Key country dynamics
  • Fig. 61 Australia electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 62 Key country dynamics
  • Fig. 63 South Korea electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 64 Key country dynamics
  • Fig. 65 Thailand electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 66 Latin America electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 67 Key country dynamics
  • Fig. 68 Mexico electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 69 Key country dynamics
  • Fig. 70 Brazil electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 71 Key country dynamics
  • Fig. 72 Estimated past and future trends for breast and lung cancer in Argentina
  • Fig. 73 Argentina electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 74 MEA electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 75 Key country dynamics
  • Fig. 76 South Africa electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 77 Key country dynamics
  • Fig. 78 Saudi Arabia electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 79 Key country dynamics
  • Fig. 80 UAE electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 81 Key country dynamics
  • Fig. 82 Kuwait electrochemical sensor market, 2018 - 2030 (USD Billion)
  • Fig. 83 Key company categorization
  • Fig. 84 Company market share analysis for healthcare electrochemical sensors, 2023
  • Fig. 85 Company market share analysis for agriculture electrochemical sensors, 2023
  • Fig. 86 Company market share analysis for food & beverage electrochemical sensors, 2023
  • Fig. 87 Company market share analysis for veterinary electrochemical sensors, 2023
  • Fig. 88 Strategy mapping
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