November 08, 2019
According to the latest study titled ‘Global Clinical Chemistry Analyzer Market: By Product Type (Analyzer, Reagent), By Test Type (Basic Metabolic Panel, Lipid Profile, Liver Profile, Electrolytes, Renal Profile, Thyroid Function, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023) - By Region (North America, Europe, APAC, ROW), By Country (U.S, Canada, U.K, Germany, China, India, Japan, Brazil)’ available with Market Study Report, the global clinical chemistry analyzer market is estimated to grow with a CAGR of 10.78% through the year 2023.
Clinical chemistry analyzers are devices utilized for analyzing and determining the levels of sugar and protein present in the blood. These computer-programmed devices employ advanced technology to deliver precise results in less time. Factors such as rising awareness for preventative healthcare, increase in lifestyle-related diseases like cardiovascular disorders and diabetes, surge in geriatric population, and rising adoption of laboratory automation are propelling the growth of clinical chemistry analyzer market.
The study examines the market for revenue shares and growth patterns for individual segments. It also provides an details about market dynamics including trends, drivers, challenges and restraints, alongside the company profiles and product benchmarking.
Based on test type, the clinical chemistry analyzer market is segmented into lipid profile, basic metabolic panel, electrolytes, liver profile, thyroid function, renal profile, and others. While based on product type, the industry is divided into analyzers and reagents.
Considering the geographical landscape, the global clinical chemistry analyzer market is fragmented into four major regions, namely, Europe, APAC, North America, and rest of the world, with key focus on countries of Canada, U.S, U.K, China, Germany, Japan, India, and Brazil.
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As per the report, North America dominated the clinical chemistry analyzer market in 2018. Moreover, Asia Pacific region is presumed to lead the market in upcoming years, owing to rising geriatric population in the emerging nations of Japan and China.
Some of the vendors that operate in clinical chemistry analyzer market are Beckman Coulter, Abbott Laboratories, Siemens, Roche Diagnostics, Thermo Fisher Scientific, Danaher Corporation, Elitech Group, Horiba, Randox Laboratories, and Bio Porto.