The global market for biosensors is expected to reach $21.17 billion by 2020 (Grand View Research, Inc. Biosensors) due to their ability to solve analytical problems in various fields such as medicine, pharmacology, food and agriculture.
The growing demand for specific detection techniques for early diagnosis in the healthcare sector should lead the entire market to experience strong growth (around 38%).
Conventional biosensors are based on rigid materials such as silicon, ceramics and glass that are not biocompatible. Traditional biosensor manufacturing methods, such as photolithography and ablation, are energy-intensive, subtractive and waste-intensive methods.
Printed electronics technologies offer an alternative for manufacturing flexible and printed sensors based on polymers and papers. These printed biosensors are produced by additive technologies such as inkjet and screen printing. Printed biosensor platforms are thus manufactured on a large scale on flexible and robust surfaces. Fully printed paper devices are part of a range of recyclable electronic products with technical, economic and environmental benefits. Inks are usually produced with biocompatible raw materials.
The market including all printed sensors (such as sensors to measure gas, temperature, etc.) was valued at $6.7 billion in 2015 and is expected to reach $10.5 billion by 2022.
The market of printed biosensors will exceed 6.5 billion dollars by 2027 of a total printed sensor market worth more than 7.5 billion dollars.
Most of the market is composed of glucose tests (expected ≈ $7 billion in 2020).
Always attentive to market needs, and within the framework of its environmentally friendly vision, Genes'ink, has already integrated into its strategy the development of products for the biosensor market. Therefore, the company has chosen to join the GREENSENSE consortium, which focuses on biomedical applications to produce biosensors. This project is fully in line with Genes'Ink's strategy to develop environmentally friendly biomedical products and totally biocompatible.
Genes'Ink now offers silver conductive inks compatible with nanocellulose and paper that are biodegradable developed within the framework of GREENSENSE. These conductive inks are silver-based and are suitable for inkjet and screen printing.