Market

The HYSENS consortium aim to respond to the needs of the clinical diagnostics industry and the water industry (tap water to clean-room grade) by exploiting inexpensive organic functional molecules and inorganic nanocrystals as building blocks for the synthesis of novel smart materials for the detection of Group I, II, transition metal cations (Na+, Ca2+, Cu2+) and anions (F-, NO3-, PO43-) in water and artificial serum matrices. By utilizing individual components and engineering their combination; the hybrid materials will result in sensors capable of reducing false sensing outputs leading to superior selectivity and sensitivity which will also be more flexible and less expensive.

 

Market Growth Potential

Low-cost smart hybrid sensing materials enabling the detection of sub-nM concentration species for applications in research laboratories and environmental areas could have an enormous impact where the market for such sensors was $755.5M and $830.8M in 2009 and is expected to grow to $1,539.1M and $2,065.1M, respectively by 2016.

 

Market Drivers

Continuous developments in nano-technology has been cited as one of the key market drivers with respect to the improvements in process techniques and enhancement in biosensor functionalities.  However, this remains a very competitive landscape with large global multi-technology product manufacturers dominating the market revenues.  

 

How can the HYSENS project be competitive in this market?

Bearing this in mind the competitive structure of those operating in this market, the HYSENS consortium are acutely aware that precision, advancement of technology, price and portability are key competitive factors which are sought after within this industry.  Therefore, we are keen to match our technical expertise with those experts in this field that have the global reach to advance the technological outputs of this project.  If you would like to get involved with the HYSENS consortium, please click here.