Biodetectors And Accessories Market accounted 10.1 USD Million in 2020 and is expected to reach 36.6 USD million by 2030, witnessing an approximate CAGR of 13.80% over the forecast period. The biodetectors and accessories are used to detect hazardous chemical warfare agents and pathogens. These are analytical tools that mainly use antibodies for the recognition of bacteria and various other micro-organisms. Rising pollution levels have increased the threat of airborne diseases and it has become extremely necessary to detect the harmful micro-particles and curb their effects on human life.  The widespread of infectious and viral diseases across the globe such as Ebola and Covid 19 have augmented the demand for biodetectors and accessories.  

Market Segmentation:

On the basis of product type, the biodetectors and accessories market can be classified into instruments, reagents & media, and accessories & consumables. Based on application type, the market is segmented into clinical, food & environmental, defense, and others. According to end-users, the biodetectors and accessories market can be categorised into point of care testing, diagnostics, research laboratories, and others. Geographically, the global biodetectors and accessories market can be broadly divided into five regions mainly North America, Europe, Asia Pacific, and RoW.

Market Dynamics and Factors:

The increasing levels of pollution attributing to rising prevalence of airborne diseases is a major contributor to the market growth of biodetectors and accessories. For instance, according to the World Health Organisation (WHO), 2.7 million air pollution related deaths occurred in 2012 driving the need for biodetectors. The growing demand for technologically advanced instruments and devices for early detection of bioterrorism threats is expected to boost the market for biodetectors during the forecast period. For instance, the Covid 19 virus attack in Wuhan, China in early 2020 has propelled the demand for biodetectors and accessories worldwide. Furthermore, increasing threats of the outbreak of various other infectious pathogens like Ebola and Zika virus is driving the urgency for the development of biodefense systems, thus in turn driving the biodetectors and accessories market. However, certain factors like high cost of equipment and lack of skilled professionals are restraining the market growth of the biodetectors and accessories market.

Geographic Analysis:

North America is expected to dominate the global biodetectors and accessories market in terms of market share during the forecast period. Increasing prevalence of COVID 19 and harmful diseases, and rising government investments on R&D and healthcare are the major factors attributing to the market dominance of the region. Europe is expected to be the second most dominating market for biodetectors during the forecast period. Favourable government initiatives such as Emergency Use Authorization, which enables the marketing of biodefense products without approval is the major factor attributing to the market growth in the region, Additionally, high impact of COVID 19 in various nations like Italy and the U.K are expected to boost the market for biodetectors in the coming future. The Asia Pacific region is anticipated to witness substantial growth in terms of revenue market share during the forecast period. Increasing government expenditure to develop healthcare facilities, and rising prevalence of infectious diseases in the APAC are the major factors contributing to the market growth of the region. Additionally, the outbreak of COVID 19 in China and its impact in neighbouring countries like India, Japan, and South Korea has created tremendous opportunities for the biodetectors and accessories market to grow in the coming future.      

Competitive Scenario:

The key players operating in the global biodetectors and accessories market are –

Agilent Technologies, Bertin Technologies, Smith Detection, BBI Detection, Research International, Shimadzu Corporation, Thermo Fisher Scientific, Bio Rad Laboratories, Response BioMedical, BioDetection Instruments Inc.

Biodetectors and Accessories Market Report Scope