New TMR Report Explores Impact of COVID-19 Outbreak on Intelligent Electrochemical Sensors Industry Share

June 16, 2021

Intelligent electrochemical sensors are devices that give information about the composition of a system in real time by linking a chemically selective layer to an electrochemical transducer.
Manufacturing of intelligent electrochemical sensors in terms of geometry, physical size, and selection of various components depends on its use.
Intelligent electrochemical sensors are mainly divided into three types: potentiometric, conductometric, and amperometric/voltammetric. The sensor has capability to produce electronic output in digital signal. The reaction found in these sensors are due to the interaction between electrical and chemical signals, which are based on the potentiometric, conductometric, and amperometric measurements.
An intelligent electrochemical sensor is a compact system that collects the sensing signal through conducting wires to provide a reliable and stable measurement function over a long period of time. The sensors are used in various end-use industries such as healthcare, oil & gas, food & beverage, biotechnology, and chemicals.

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One of the major driving factors of the global intelligent electrochemical sensors market is increasing adoption of intelligent electrochemical sensors in the oil & gas industry. In the oil & gas sector, the sensors are used in various applications such as detection of toxic gas, measuring temperature, pressure measurement, and volume percent measurement. Intelligent electrochemical sensors are capable of measuring multiple processes.
Additionally, they offer low detection limits, fast response, comprehensive self-diagnosis options, and optimized selectivity. Intelligent electrochemical sensors are rapidly adopted in the oil & gas industry owing to these features and the adoption rate of the sensors is anticipated to further rise during the forecast period.
In the healthcare industry, intelligent electrochemical sensors are used in various applications such as in analysis of biological samples, forensic drugs analysis, and bacterial growth analysis.
Moreover, the sensors are also used in the chemical industry for analysis of various chemicals. Thus, intelligent electrochemical sensors are being increasingly used in healthcare as well as the chemical industry, which is anticipated to be one of the key factors driving the market in the near future.

In terms of region, the global intelligent electrochemical sensors market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has the largest market share owing to the growing adoption of direct gasoline injection and turbocharged engines in the automotive industry. Furthermore, the high concentration of market players in the region and the availability of proficient technical expertise is also boosting market growth.
The market in Asia Pacific is expected to register the fastest growth due to the growing healthcare and life sciences sector, and automotive industries in the region.
Moreover, increasing awareness about health issues coupled with an expanding population in China and India are driving the growth of the global intelligent electrochemical sensors market.