Advances in Synthetic Biology to Pave Way to New Product Designs in Biosensors Market
Biosensors are expanding the scope of high-throughput screening based on advances in synthetic or systems biology. They consist of biological components that can detect the presence of a target ligand and consequently transducing a signal. Organic and inorganic contaminants comprise the compounds biosensors are employed to detect in the ecosystem. The biosensors market is gaining valuation from the massive prospective use in applications of food industry, environmental monitoring, and disease diagnosis. In particular, biosensors have been widely used in detecting organic contaminants in the environment, such as the detection of tumorigenic and carcinogenic ones in air, water, food, and soil. Strides in synthetic biology have allowed the engineering of novel biosensors with remarkable specificity and sensitivity. Key arenas that have been witness to innovative product designs in the biosensors market are in protein engineering, molecular biology, and nanotechnology. Over the years, the array of applications of biosensors have only expanded. Rise in application in the food industry for quality assurance is a key accelerant for growth of revenues in the market. Application for point-of-use diagnostics is another rapidly emerging lucrative area. Industry interest in point-of-use diagnostic biosensors has picked pace. The reason for this has to do with the advantages over real-time PCR-based techniques, with regard to ease of implementation and reduced diagnostic time.
The high morbidity of novel human coronavirus 2019, COVID-19 or SARS-CoV-2, has led to a pressing need for dramatically improving currently available diagnostic methods. This has opened a new frontier in biosensor market. Given the fact that the pandemic has been declared a Public Health Emergency of International Concern (PHEIC) by the WHO, research into novel diagnostic technologies based on biosensors attract massive interest among healthcare systems. Advancements in biological receptors and transducers are boosting the developments. Further, new avenues for product developments will gain momentum due to continuous progress in nanotechnology and genetic engineering. Such advances will likely lead to the development of more effective and diverse biosensors.
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