The Biochemistry Analyser Market To Grow On An Innovation Revealing Spree

The Biochemistry Analyser Market will be worth US$ 4,700 Million at a CAGR of 5.5% from 2024. With interconnected ecosystems taking the center stage, advancements in technology are bound to bring about a digital alteration in the healthcare vertical. Also, bio-based medications are on the anvil.

The clinical use of biochemistry analyzers in measurement solutions such as latex agglutination, ion-selective potentiometry, and colorimetric & photometric testing. In addition to this, accuracy of biochemistry analyzers in analyzing blood and urine samples has benefited pathology labs and diagnostic centers across the globe. Persistence Market Research predicts that the global demand for biochemistry analyzers will continue to soar on the grounds of such factors.

A recent report published by Persistence Market Research projects that by the end of 2024, the global market for biochemistry analyzers will reach US$ 4,625.3 Mn in terms of value.

Want Insights To Biochemistry Analyser Market? Ask For Sample! https://www.persistencemarketresearch.co/samples/6451

Company Profiles

Roche Diagnostics GmbH
Siemens AG
Beckman Coulter Inc.
Abbott Diagnostics Inc.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Hologic, Inc.
Randox Laboratories Ltd.
Awareness Technology, Inc.
Transasia Biomedicals Ltd
Nova Biomedical Corp.
Planning To Conclude Your Strategy On A Decisive Note In The Biochemistry Analyser Market? Glance

Get A Customized Scope To Match Your Need Ask An Expert – sales@persistencemarketresearch.com

Key findings in the report cite that the use of chemistry analyzers spans from high-throughput clinical labs to point-of-care clinics, and its use for testing enzymes, electrolytes and proteins is gaining traction.

The report current values the global biochemistry analyzer market at a little over US$ 3,000 Mn. During the forecast period, revenues generated through global sales of biochemistry analyzers are, thus, expected to soar at a steady CAGR of 5.5%.

Key Research Insights from the Report include:

The global market for biochemistry analyzers represents absolute $ opportunity of US$ 154.6 Mn in 2017 over 2016 and incremental opportunity of US$ 1,570.8 Mn between 2016 and 2024

Apart from clinical diagnostics, critical applications of biochemistry analyzers include drugs-of-abuse testing and diagnostic testing of patient’s metabolic functions

How About Knowing The Product/Technology Driving The Biochemistry Analyser Market Before Investing Therein? Click The “Purchase Now” Button Of Our Biochemistry Analyser Market Report! https://www.persistencemarketresearch.com/checkout/6451

Over 40% of biochemistry analyzers sold across the globe during the forecast period will be concentrated in North America

Demand for biochemistry analyzers is also expected to surge in Asia-Pacific, revenues from which will record steadfast growth at 6.1% CAGR

Leading manufacturers of biochemistry analyzers are developing multiplexing analyzers – a cost-effective upgrade to existing product line

The report further reveals that fully-automated biochemistry analyzers will remain in great demand in the years to come. In 2017 and beyond, more than 85% of global biochemistry analyzer revenues will be accounted by sales of fully-automated biochemistry analyzers.

Moreover, clinical diagnostics will also remain the largest application of biochemistry analyzers throughout the forecast period. Revenues accounted by global sales of biochemistry analyzers in clinical diagnostics are anticipated to register speedy growth at 5.7% CAGR.

The report further identifies diagnostic centers as largest end-users of biochemistry analyzers in the world. On the other hand, rising number of point-of-care diagnostic labs instated in hospitals will render a key end-user of biochemistry analyzers. Together, hospitals and diagnostics centers will be responsible for procure over two-third of global biochemistry analyzers revenues through 2024.

Related Reports

Care Management Solutions Market - However, data breaches and loss of confidentiality, high deployment costs, and restricted development environment are factors that can restrict the growth of the care management solutions market over the said period.

Healthcare Information Systems Market- In 2013, the global healthcare information systems market registered revenues worth US$ 35.2 billion, which are anticipated to raise up to US$ 53.2 billion by the end of 2019. Over the forecast period 2013-2019, the global market for healthcare information systems will expand at a CAGR of 7.1%.

Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

This release was published on openPR.