/PRNewswire/ The "Global Markets and Technologies for Food Safety Testing" report has been added to ResearchAndMarkets.com s offering. This report provides.
/PRNewswire/ The "Global Markets and Technologies for Food Safety Testing" report has been added to ResearchAndMarkets.com s offering. This report provides.
/PRNewswire/ The "Global Biosensors Market (2022-2027) by Type, Product, Application, Geography, Competitive Analysis, and the Impact of Covid-19 with.
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The global biosensors market size is anticipated to reach USD 41.8 billion by 2028 and is expected to expand at a CAGR of 7.9% from 2021 to 2028.
The rising prevalence of chronic conditions such as diabetes and obesity and the growing demand for early and accurate detection of any associated condition are the key driving factors for the market.
Furthermore, the outbreak of COVID-19 has drastically spurred the demand for point-of-care testing devices. FDA is giving fast-track approvals to the companies owing to the shortage of these devices globally.
For instance, in May 2020, Philips secured 510k FDA clearance for its wearable biosensor, which helps in managing confirmed and suspected cases of COVID-19 in hospitals, promoting biosensors technology and product development.
Markets And Technologies For Food Safety Testing Market Quantitative Market Analysis, Current and Fu The global market for food safety testing should grow from $16.3 billion in 2019 to reach $23.4 billion by 2024 at a compound annual growth rate (CAGR) of 7.5% for the period of 2019-2024.
BriefingWire.com, 5/03/2021 - The global market for food safety testing should grow from $16.3 billion in 2019 to reach $23.4 billion by 2024 at a compound annual growth rate (CAGR) of 7.5% for the period of 2019-2024.
Report Scope:
The scope of this report is comprehensive, covering the present status and future prospects for the markets for food safety testing in North America, Europe, Asia Pacific, South America, and the rest of the world (ROW). The food safety testing market is analyzed globally based on the types of contaminants, namely pathogens, pesticides, GMOs, toxins, residues, and others, and also in terms of their testing processes.