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The global flexible market accounted for USD 2,002 Million in 2018 and projected to witness a CAGR 14.7% during the forecast period. Growing adoption of flexible devices in different applications such as consumer electronics, rise in demand for compact and energy efficient electronics, increasing demand of biosensors in healthcare are the driving factor of the flexible electronics market. Global flexible electronics market is segmented into types of components and applications.
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Orion Market Research Flexible ElectronicsMarket: Industry Growth, Size, Share and Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/flexible-electronics-market ------------------------------------------------------------------------------------ a free sample of our report on Flexible Electronics Market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global flexible electronics is projected to grow at a CAGR of 14.7% during the forecast period (2018- 2023). The growing adoption of flexible devices across different applications such as automotive and consumer electronics is one of the major factors that drive the growth of the global flexible electronics market. Increasing demand for biosensors in healthcare such as x-ray detectors and health monitoring devices is significantly contributing to the development of advanced healthcare products. Biosensors are increasingly adopted in the healthcare domain due to its effectiveness and accuracy in disease detection, diagnosis and treatment. Biosensors are optical, electrical, piezoelectrical devices that detect biological compounds such as nucleic acids and proteins. A full report description of "Flexible Electronics Market - Industry Size, Global Trends, Competitive Analysis and Forecast, 2018-2023" at https://www.omrglobal.com/industry-reports/flexible- electronics-market Biosensors are significantly used in the flexible electronics industry and are considered to be an important tool for early diagnosis in diabetes disease. Diabetes is one of the rapidly increasing chronic conditions in current times. The diabetic population has witnessed an exponential rise. Change in lifestyle, eating habits, family history and reduced physical workout have led to an increase in obesity, which is the major cause of type 2 diabetes in adults. According to the IDF (International Diabetes Federation), the diabetic population is projected to reach 642 million by 2040. Biosensors have significantly established their applications in healthcare in the measurement of blood metabolites such as glucose, lactate, urea and creatinine, diabetes therapy, cardiovascular disease biomarkers and cancer biomarkers. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/flexible-electronics-market Moreover, biological elements and physiochemical detectors are inbuilt in the biosensors which are used to detect analytes. R&D and technological advancement in biosensors introduced a wide range of applications ranging from screening for diseases and diagnosis to remote monitoring. Biosensors are being used in a variety of research and commercial applications for cost-effective, sensitive and accurate detection. Biosensors also have linearity, selectivity and quick response time that is considered to be effective in disease detection and treatment. Biosensors are also used in molecular diagnosis, crime detection, drug development, manufacturing pharmaceuticals, and organ replacement. Biosensors are point-of-care devices (POC) that analyze clinical samples and involve specific markers for specificity and efficiency.
Moreover, R&D exploration is expected to bring innovation in existing biosensors that are used for clinical purposes, which in turn, is expected to propel the global flexible electronics market growth. R&D will further improve sensitivity, accuracy with rapid, simple hand-held testing devices in medicine. In 2017, molecular diagnostic methods such as enzyme-linked immunosorbent assay and PCR (Polymerase chain reaction) require highly skilled personnel and expensive chemicals are used that are time- consuming and expensive. The use of flexible biosensors may reduce the time required in the molecular diagnostic methods. Technological advancement through R&D will further boost the adoption of biosensors in orthopedics, neurology, urology, cardiovascular diseases, diabetes, ophthalmologic and audiologic surgery. Visit here to know more about Global Flexible Electronics Market Global Flexible Electronics Market – Segment By Components •Flexible Displays •Flexible Battery •Flexible Sensors •Flexible Memory By Application •Consumer Electronics •Healthcare •Automotive •Energy and Power •Defense and Aerospace •Others Global Flexible Electronics Market – Regional North America •US •Canada
Europe •Germany •UK •France •Spain •Italy •Rest of Europe Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World •Middle East & Africa •Latin America About Orion Market Research Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404 Source: Global Flexible Electronics Market
