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Press Release

Global Automotive Biosensors Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Nissan, Ford & Volkswagen - Research and Markets

Research and Markets
Posted on: 14 Oct 16

Research and Markets has announced the addition of the "Global Automotive Biosensors Market 2016-2020" report to their offering.

The report forecasts the global automotive biosensors market to grow at a CAGR of 18.62% during the period 2016-2020.

A biosensor consists of a bio-response recognition component. It can be referred to as a bio-component with a transducer that converts a biological response into an electrical signal, which is then amplified, processed, and displayed on the display unit. The combination of the bio-component and the transducer is referred to as the biosensor.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the key drivers for market growth will be growing maturity of biosensing technologies and increased acceptance in clinical application industry. Biosensors have been widely adopted in the clinical applications segment for monitoring the body's vital signs. It is thus considered a major technological breakthrough in the healthcare industry. The accuracy and efficacy proven in this shall lead to the gradual maturity of the technology in this vertical. This will have a positive impact on the biosensors usage for automotive applications. Similarly, the wider adoption of wearable healthcare devices is yet to reach its full potential. We infer that the impact of biosensors in automotive applications should be felt positively.

Further, the report states that the author views the biosensor products' (current) high-cost as a major challenge.

Key vendors:

  • Nissan
  • Ford
  • Volkswagen

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Market drivers

PART 08: Market challenges

PART 09: Market trends

PART 10: Vendor landscape

PART 11: Key vendor analysis

PART 12: Appendix

For more information on this topic, check out the Pharmaceuticals and Healthcare section of the Research and Markets' blog.

For more information about this report visit http://www.researchandmarkets.com/research/zl3bk5/global_automotive

View source version on businesswire.com: http://www.businesswire.com/news/home/20161014005258/en/

Business Wire
www.businesswire.com

Last updated on: 14/10/2016

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