How to Start a Biosensor Company
For many people a biosensor is just one thing you find in the market to check your blood sugar levels but its not so! The field of biosensors of booming with so many applications coming is that companies are racing to get in and catch a piece of the action.
This article gives you a short idea of how to start a biosensor company and what you will need for it.
How to start a biosensor company
Biosensors are getting really popular. For the newbie, biosensors are like the machines which are trained to recognize biological responses and convert them into mechanical signals. One of the best examples of biosensors is blood sugar monitors which are capable of detecting blood sugar levels almost instantly and accurately.
Biosensors are one of the most innovative and exciting fields now in the market for healthcare. Irrespective of the weak economy and doubtful future outlook most industry experts are predicting a 60% annual growth rate for the biosensor industry and most of the drive comes from health-care and related industries. There is also an acute shortage of donated livers, pancreas and pancreatic cells for diabetics as well as kidneys for transplants but several companies are racing to provide artificial substitutes which combine human cells with innovative engineering as standby or bridge transplants! Innovative medical biosensor devices which can be used as bridges till organs become available are now the target of several biosensor companies! Several other industries have also turned their interests towards the use of biosensors like the food industry for food quality appraisal as well as environmental agencies for rapid and accurate environmental monitoring. Several surveys have estimated a surge of about £12,000,000,000 per year in the healthcare industry alone.
Putting up a biosensor company however will require extensive research and development into this extremely technology sensitive field. The research required to innovate biosensors is extremely original and involves several disciplines of physics, biochemistry, human anatomy, laboratory sciences and bioreactor science, physical chemistry, human bodily reactions, electrochemistry, electronics and software engineering. As a result you will need trained staff of the highest caliber to work on your research and development wing to get the best biosensors out in the market for different purposes. The current market is flooded with potentiometric as well as amperometric biosensors which use special colorimetric paper enzyme strips. The potential for more and better sensors and substitute organs is a boon for patients who are suffering life-threatening diseases.
Constant innovation will require highly paid and talented staff and you will also require a precision modern fully automated factory to produce the technique sensitive biosensors for marketing and sales! The ideal biosensor if you manufacture should be tiny, swift, easy to handle, cheap and easily available. It should last for a long time and should be able to be stored in different weather conditions. The possibilities of having your own patented innovative design can result in several more biosensors based on the same research model and used for different detection purposes.
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