Clinical Chemistry Market Is To Be Driven By Digitized Data Collection At A CAGR Of 4.6%

The Clinical Chemistry Market is slated to grow at a gracious rate of 4.6%, reaching US$ 10,097.6 Mn by the year 2026. With value-oriented approach being the need of the hour, the healthcare vertical is likely to go the technologically advanced way in the next 10 years. With Big Data, AI comprising these advancements, the healthcare vertical is bound to create greater strides going forward.

The global Clinical Chemistry market is projected to reach US$ 10,097.6 Mn by 2026, according to a study by Persistence Market Research (PMR), a well-known name in market research.

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Due to the significant growth in the elderly population in countries like the United States of America and Canada, the North American region is projected to be the dominant region in the global clinical chemistry market. Furthermore, these nations can experience a surge in demand for advanced medical technologies, which can also support the expansion of the clinical chemistry market in North America during the forecast period.

Company Profiles:

Danaher corporation
Abbott
F.Hoffmann-La Roche Ltd
Siemens AG
Thermo Fisher Scientific Inc.
bioMérieux SA
Bio-Rad Laboratories Inc.
Cardinal Health, Inc.
Mindray Medical International Limited
Hitachi, Ltd.
Hologic Inc.
Others.

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Europe is also expected to provide huge market opportunities because of its better healthcare facilities and a significant proportion of the region's population suffering from diabetes. Due to its developing healthcare infrastructure, the Asia Pacific region is expected to create profitable growth possibilities for the clinical chemistry market.

The outbreak of Covid-19 disrupted the global economy and due to the lockdowns caused by the COVID-19 outbreak many patients had to reschedule their medical visits, which resulted in the decrease in the number of tests conducted. However, as restrictions were relaxed in 2021, the situation has improved.

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PMR has presented a comprehensive report based on Clinical Chemistry Market as per Product Type (Clinical Chemistry Analysers, POC Test Kits and Clinical Chemistry Analyser Kits & Reagents.), End User (Hospitals, Pathology Laboratories, Maternity Centres and Outpatient Centres & Clinics) based on seven regions.

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