

Laboratory Biosensors Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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The Laboratory Biosensors market is experiencing robust growth, driven by increasing demand for diagnostic tools and technological advancements. The market size is projected to reach approximately $23 billion by 2025, with a CAGR of around 10%. Key trends include integration with IoT and a rise in point-of-care testing applications.
The Laboratory Biosensors Market features key players like BioDot, Thermo Fisher Scientific, and Merck. BioDot leverages biosensors for precise diagnostics, driving market growth through innovations. Thermo Fisher reported $38 billion in 2022 revenue, while Merck's revenue reached $27 billion, underscoring the sector's expansion and investment potential.
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