According to the current analysis of Reports and Data, the global Clinical Chemistry Analyzers market was valued at USD 11.07 Billion in 2019 and is expected to reach USD 16.81 Billion by the year 2027, at a CAGR of 5.7 percent. Clinical chemical analyzers are the computerized equipment used to analyze the stages of sugar and protein in the blood. Owing to their accuracy and time efficiency, these devices are used for the analysis of various diseases like diabetes and hyperlipemia, among others.
Increasing incidences of chronic lifetime diseases and a growing aging population are the factors that drive the global clinical chemistry analyzers market during the forecast period. Technological advancements in clinical chemistry analyzers such as StaRRsed Inversa automated erythrocyte sedimentation rate (ESR) analyzer, computer-assisted interpretation, and artificial intelligence have enabled large-scale testing and have facilitated early-stage detection of diseases in various areas like oncology, gynecology, and endocrinology.
Request free sample Copy of this research report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/1812
Moreover, consistent efforts by healthcare organizations to increase the reliability of data fuels the demand for clinical chemical analyzers. Moreover, growing awareness regarding preventative healthcare and specialized diagnostic methods, and rising healthcare expenditure are the factors expected to propel the market growth during the forecast period. The Clinical chemistry analyzers market is much fragmented and includes a large number of manufacturing giants as well as emerging players. Additionally, the emerging players have an excellent opportunity to enter the clinical chemistry analyzers market, owing to developments in the market and high demand from end-use industries.
A significant number of different products have been launched and developed in the clinical chemistry analyzers market. Key companies involved in the market are constantly improving their product portfolio and developing their product offerings. For instance, in July 2015, EKF Diagnostics, the global in-vitro diagnostics company, announced the international launch of the Altair 240 clinical chemistry analyzer at the American Association for Clinical Chemistry (AACC) Annual Meeting and Clinical Lab Expo Meet in Atlanta, U.S.
Further key findings from the report suggest
- Growing demand for clinical chemistry analyzers for various applications such as monitoring disease, drugs of abuse testing is also resulting in high growth of the market.
- Europe is expected to be the fastest-growing market segment with a CAGR of 5.9% owing to increased healthcare spending by governments of the countries in Europe.
- Based on the type of test, the lipid profile segment is expected to grow at the highest CAGR of 6.3% during the forecast period.
- Asia Pacific region is expected to witness lucrative growth at CAGR of 5.2% owing to the high prevalence rate of chronic diseases and the growing geriatric population in the region.
- However, the high cost of analyzers and risk of result uncertainty are some of the restraining factors for the growth of the clinical chemistry analyzers market over the forecast period.
- Key participants include Roche, Thermo Fisher, Johnson & Johnson, Siemens, and Beckman Coulter.
Order Your Copy Now (Customized report delivered as per your specific requirement)@ https://www.reportsanddata.com/checkout-form/1812
For the purpose of this report, Reports and Data has segmented the Clinical Chemistry Analyzers Market on the basis of product, test type, end-use, and region:
Product (Revenue, USD Million; 2017–2027)
- Analyzers
- Small
- Medium
- Large
- Very Large
- Reagents
- Calibrators
- Controls
- Standards
- Others
- Others
Test Type (Revenue, USD Million; 2017–2027)
- Basic Metabolic Panel
- Electrolyte Panel
- Lipid Profile
- Renal Profile
- Thyroid Function Panel
- Specialty Chemical Panel
End-Use (Revenue, USD Million; 2017–2027)
- Hospital
- Academic Research Centers
- Diagnostic Laboratories
- Others
Regional Outlook (Revenue in USD Million; 2017–2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
- Brazil
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/clinical-chemistry-analyzers-market
Read More Reports:-
Animal Feed Safety Testing Market By Type (Equine, Aquatic, Poultry, Cattle, Swine, And Others), By Application Type (Pathogen Testing, Fat And Oil Analysis, Feed Ingredient Analysis, Metal And Mineral Analysis, Pesticides And Fertilizers, Drug And Antibiotics, Mycotoxin Testing, Nutritional Labelling, Proximate Analysis, And Others), By End User (Manufactures, Third Party Testers And Growers), And Region-Global Forecast To 2027
Cardiac Stent Market By Type (Coronary Stenting, Peripheral Stenting), By Application Type (Drug-Eluting Stents, Bio-resorbable Stents, Bare Metal Stents And Others), By End User (Hospitals, Clinics, Ambulatory Services And Others) And Region – Global Forecast To 2027
Electronic Bone Growth Stimulators (BGS) Market By Type (Bone Growth Stimulation Devices, Bone Morphogenetic Proteins (BMP), Platelet-Rich Plasma (PRP)), By Application Type (Neurological Surgeries, Oral Surgeries, Non-unison Fractures), And Region-Global Forecast To 2027
Bacterial Conjunctivitis Market By Type (Fluoroquinolones, Macroloides, Aminoglycosides, And Others), By Application Type (Conjunctivitis, Application 2), And Region-Global Forecast To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com