Clinical Chemistry Analyzer Market Analysis, Growth Strategy With Randox, EKF, ElitechGroup, Abbott, Diatron, Roche, SFRI, Siemens Healthineers

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The clinical chemistry analyzer market accounted to USD 9.2 billion and growing at a CAGR of 6.0% during the forecast period.

According to the World Health Organization, in 2016, an estimated 1.6 million deaths were directly caused by diabetes. Diabetes is a major cause of blindness, kidney failure, heart attacks, stroke and lower limb amputation. This rise in market value can be attributed to the increasing prevalence of lifestyle diseases.

Key Developments in the Market:

In April 2019, NexTech AR Solutions Corp. announced that it has entered into an agreement with Block Scientific to show clinical chemistry analyzer with the help of virtual and augmented reality. It will change the whole industry as it will bring expensive, big and bulky medical lab into doctor’s offices.

In July 2018, Siemens Healthineers announced that it has officially cleared by the FDA (Food and Drug Administration) and AACC (American Association for Clinical Chemistry). This will transform cardiac triage in emergency departments, and it will led Siemens in increased downtime and higher throughput in their clinical chemistry workflows.

Some of the major players operating in clinical chemistry analyzer market are

Abbott

Danaher

ThermoFisher Scientific Inc.

F. Hoffmann-La Roche Ltd.

Johnson & Johnson Services Inc.

Siemens AG

ELITechGroup

HORIBA, Ltd.

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Randox Laboratories Ltd.

Ortho Clinical Diagnostics

Nova Biomedical

Sysmex Corporation

Other Players are BioSystems Diagnostics Pvt. Ltd., DiaSys Diagnostic Systems GmbH, Endress+Hauser Management AG, Diatron, SFRI, EKF and Medica Corporation among others.

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Segmentation: Global Clinical Chemistry Analyzer Market
Based On Product market is segmented into Analyzers, Reagents (Calibrators, Controls, Standards, Others) Others.

Based On Analyzers Technology market is segmented into Analyzers (Semi-Automated Clinical Chemistry Analyzers, Fully Automated Clinical Chemistry Analyzers).

Based On Test Analysis market is segmented into Basic Metabolic Panel(BMP), Liver Panel, Electrolyte Panel, Renal Profile, Lipid Profile, Specialty Chemical Tests, Thyroid Function Panel.

Based On End-User Analysis market is segmented into Hospitals, Academic Research Centers, Diagnostic Laboratories, Others.

Based On Geography market is segmented into North America, South America, Europe, Asia-Pacific, Middle East & Africa.


Market Drivers:

Increase in healthcare expenses is expected to work as a driver in the industry

There is an increase in diseases due to prevalence of lifestyle diseases

Increase in use of point of care testing devices is the driver for the market

New research and developments is leading towards automated laboratories


Reasons to Purchase this Report

Current and future of global clinical chemistry analyzer market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds the highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players


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