The biosensor market is expected to grow by USD 49.0 billion by 2030 at approximately a CAGR of 8.1% during the forecasted period. During the COVID-19 epidemic, the life sciences industry has played a critical role.

The global Biosensors Market is forecasted to reach USD 33.85 Billion by 2027, according to a new report by Emergen Research. A biosensor is a tool that senses and transmits knowledge about a life cycle. It is used by an observer or device to calculate and transform a biological reaction into an electrical signal and interpret it quickly.