The global clinical chemistry analyzers market was valued at USD 12.6 billion in 2021 and it is anticipated to grow at 4.2% CAGR during the forecast period to reach up to USD 19.7 billion by 2031.
Global clinical chemistry analyzers report from Global Insight Services is the single authoritative source of intelligence on clinical chemistry analyzers market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Clinical chemistry analyzers are used to calculate the concentration of certain electrolytes, metabolites, and drugs in serum, cerebrospinal fluid, and other body fluids among others. It creates an accurate result within the lease period and is planned for extremely advanced technology. It is used to validate health conditions like nutritional status, liver functions, and kidney functions among others. Different types of tests such as lipid profile, liver panel, and a renal panel comprising therapeutic drugs are used to enhance metabolic functions. Rising demand for clinical tests and the increasing prevalence of endocrine diseases are the major factors driving the growth of the market.
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Major Players in Global Clinical Chemistry Analyzers Market
The key players in the global clinical chemistry analyzers market are F. Hoffmann-La Roche Ltd. (Switzerland), Danaher Corporation (US), Abbott Laboratories (US), Thermo Fisher Scientific Inc. (US), Siemens AG (Germany), HORIBA Ltd. (Japan), Sysmex Corporation (Japan), HITACHI (Japan), EKF Diagnostics (UK), Ortho Clinical Diagnostics (US), ELITech Group (France), Mindray Medical International Ltd. (China), BIOBASE Group (China), SFRI Medical Diagnostics (France), Trivitron Healthcare Pvt. Ltd. (India), Randox Laboratories Ltd. (UK), Medica Corporation (US), Meril Life Sciences Pvt. Ltd. (India), Erba Mannheim (UK), Genrui Biotech Inc. (China), DIRUI Industrial Co. Ltd. (China), Teco Diagnostics (US), Balio Diagnostics (France), Snibe Co. Ltd. (China), and AMS Alliance (Italy).
Global Clinical Chemistry Analyzers Market Segmentation
Global Clinical Chemistry Analyzers Market by Product
Based on product, it is segmented into reagents, analyzers, and other products. The reagents segment is likely to dominate the market during the forecast period. The recurrent requirement of reagents in large numbers as compared to analyzers is the primary factor boosting the growth of this segment.
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Recent Development
- January 2020, Sysmex invested in Astrego Diagnostics for the development of urinalysis solutions.
- July 2019, Trivitron Healthcare introduced the ‘Nanolab 200,’ a fully automated chemistry analyzer. The new product is an automated benchtop chemistry analyzer with a throughput of approximately 200 tests per hour. The newly launched product, which is integrated with cutting-edge liquid level detection technology, is anticipated to improve efficiency levels in clinical laboratories.
- December 2018, BIOBASE Group launched BK200 mini auto chemistry analyzer for small laboratories and clinics to meet the needs of its customers.
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