China Electrochemical Sensors Market Size & Outlook
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China electrochemical sensors market highlights
- The China electrochemical sensors market generated a revenue of USD 711.9 million in 2023 and is expected to reach USD 1,431.5 million by 2030.
- The China market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, healthcare was the largest revenue generating application in 2023.
- Agriculture is the most lucrative application segment registering the fastest growth during the forecast period.
Electrochemical sensors market data book summary
| Market revenue in 2023 | USD 711.9 million |
| Market revenue in 2030 | USD 1,431.5 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare |
| Fastest growing segment | Agriculture |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Healthcare, Agriculture, Food & Beverage, Veterinary |
| Key market players worldwide | Thermo Fisher Scientific Inc, Abbott Laboratories, Roche, PHC Holdings Corp, Siemens Healthineers AG ADR, Zimmer & Peacock, Metrohm |
Other key industry trends
- In terms of revenue, China accounted for 6.8% of the global electrochemical sensors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China electrochemical sensors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 798.3 million by 2030.
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Electrochemical Sensors Market Scope
Electrochemical Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zimmer & Peacock | View profile | - | Royston, Barnsley, United Kingdom, Europe | https://www.zimmerpeacocktech.com/ |
| Metrohm | View profile | 1001-5000 | Herisau, Ausser-Rhoden, Switzerland, Europe | https://www.metrohm.com |
| PHC Holdings Corp | View profile | 11897 | 2-38-5 Nishi-Shimbashi, Minato-ku, Tokyo, Japan, 105-8433 | https://www.phchd.com |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
China electrochemical sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrochemical sensors market will help companies and investors design strategic landscapes.
Healthcare was the largest segment with a revenue share of 97.12% in 2023. Horizon Databook has segmented the China electrochemical sensors market based on healthcare, agriculture, food & beverage, veterinary covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China electrochemical sensors market databook
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Our clientele includes a mix of electrochemical sensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China electrochemical sensors market, including forecasts for subscribers. This country databook contains high-level insights into China electrochemical sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China electrochemical sensors market size, by application, 2018-2030 (US$M)
China Electrochemical Sensors Market Share, 2023 & 2030 (US$M)
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