The global clinical chemistry analyzers market is
expected to reach USD 16.0 billion by 2025, according to a new study by
Grand View Research, Inc. The growing prevalence of chronic diseases is
anticipated to be responsible for the high urgency to adopt clinical
chemistry analyzers, which thereby widens the scope for growth during
the forecast period. In addition, growing base of geriatric and
bariatric population, which is highly susceptible to chronic diseases,
is presumed to impel the demand further. Consequently, the resultant
high sample volume requiring high capability analyzing devices is
driving the market growth.
Moreover,
increasing awareness pertaining to benefits associated with these
devices is also a high impact rendering driver for clinical chemistry
analyzers market. Advent of advanced chemistry analyzers has resulted in
improved point-of-care testing capabilities, and thus created high
potential growth opportunities for the market. In addition,
technological advancements in preanalytical, analytical, and post
analytical stages due to analyzing devices & reagents improved their
diagnostic capabilities and overall efficiency, which is predicted to
propel the growth further. These advancements include advent of
microchips, sensors, chemometrics, and robotics. Furthermore, consistent
efforts by public as well private healthcare organizations to increase
the reliability of data have rapidly engendered the integration of
automated chemistry analyzers and immunoassay systems, thereby resulting
in overall reduction of workload in laboratories, thus propelling the
demand.
To Request for Sample Copy of this report: http://www.grandviewresearch.com/industry-analysis/clinical-chemistry-analyzer-market
Further Key Findings From the Study Suggest:
- Reagents held a substantial share in product segment in 2015. The substantial share can be attributed to increasing reagent rental agreements and availability resulting in quick global access
- Lipid panel is anticipated to exhibit lucrative CAGR during the forecast period owing to increasing adoption, as the demand for screening tests for cholesterol and triglyceride levels in case of cardiovascular disorders and diabetes has increased
- In 2016, North America accounted for substantial share in the global clinical chemistry analyzers market, as a consequence of local presence of prominent companies involved in high R&D investments
- Asia Pacific is anticipated to grow at an exponential CAGR due to unmet patient needs, continuous technological & infrastructural upgradation, and growing healthcare expenditure
- Some key participants such as Mindray Medical International Ltd.; Johnson & Johnson; and F.Hoffmann-La Roche Ltd. are undertaking various sustainability strategies, such as new product development & frequent product approvals, to gain competitive advantage
- For instance, in August 2016, Mindray announced the premarket FDA clearance for Mindray BA-800M clinical chemistry analyzer allowing it to distribute its product
Grand View Research has segmented the clinical chemistry analyzers market on the basis of product, test, end use, and region:
Clinical Chemistry Analyzers Product Outlook (Revenue, USD Million, 2014 - 2025)
- Analyzers
- Small
- Medium
- Large
- Others
- Reagents
- Calibrators
- Controls
- Standards
- Others
- Others
Clinical Chemistry Analyzers Test Outlook (Revenue, USD Million, 2014 - 2025)
- Basic Metabolic Panel(BMP)
- Electrolyte Panel
- Liver Panel
- Lipid Profile
- Renal Profile
- Thyroid Function Panel
- Specialty Chemical Tests
Clinical Chemistry Analyzers End-Use Outlook (Revenue, USD Million, 2014 - 2025)
- Hospitals
- Academic Research Centers
- Diagnostic Laboratories
- Others
Clinical Chemistry Analyzers Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- US.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-clinical-chemistry-analyzers-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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