Market Share of Electrochemical Sensor Industry
The Global Electrochemical Sensor Market is very competitive in nature. The market is highly concentrated due to the presence of various small and large players. Some of the significant players in the market are Thermo Fisher Scientific, Inc., MSA Safety, Emerson Electric Co., Honeywell Analytics (Honeywell International Inc.), Conductive Technologies Inc., Delphian Corporation, SGX Sensortech Ltd, among others. The companies are increasing the market share by forming multiple partnerships and investing in introducing new products to earn a competitive edge over other players.
- August 2022 - Thermo Fisher Scientific, in technical collaboration with National Forensic Sciences University (NFSU), has set up the Centre of Excellence for DNA Forensics in India. Thermo Fisher Scientific has equipped the facility with the entire DNA workflow, including sophisticated extraction systems, real-time PCR instruments, DNA sequencers/ genetic analyzers, next-generation sequencers, and rapid DNA technologies. Versatile electrochemical DNA/RNA sensors are a promising technological alternative for PCR-based diagnosis.
- February 2022 - Thermo Fischer Scientific and Moderna partnered to enable dedicated large-scale manufacturing in the U.S. of Spikevax, Moderna's COVID-19 vaccine, and other investigational mRNA medicines in the pipeline. Thermo Fisher has partnered with Moderna to support the development pipeline with clinical research and contract manufacturing services. Electrochemical sensors are widely used in the fields of drug delivery. Thermo Fisher continues to bring a full range of products that have enabled Moderna to deliver innovative medicines at an unprecedented speed and scale.
Electrochemical Sensor Market Leaders
Conductive Technologies Inc.
Emerson Electric Co.
Thermo Fisher Scientific
MSA
SGX Sensortech
*Disclaimer: Major Players sorted in no particular order
