Press release
Global Clinical Chemistry Market 2022: Higher Test Sensitivity and Quick Turnaround of POCT Clinical Chemistry Test Kits Expected to Boost Growth
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.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.
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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.
Companies
Danaher corporation
Abbott
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.
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Competitive Landscape
The global clinical chemistry market comprises very few players and the major players in the market are focusing on growth strategies like mergers and acquisitions in order to remain competitive in the as the industry. Companies are making strategic decisions regarding organic as well as inorganic expansion in order to expand their product portfolios and market share.
In 2021, Roche acquired GenMark Diagnostics to enhance its presence in the infectious disease diagnostics space and bring the company into the syndromic testing market for the first time.
In 2021, DiaSorin acquired Luminex for its extensive test offerings in the infectious disease, respiratory, vector-borne, hospital-acquired, and gastroenterology infection markets.
Clinical Chemistry Market Categorization
Clinical Chemistry Market by Product Type
Clinical Chemistry Analysers
Poc Test Kits
Clinical Chemistry Reagents
Clinical Chemistry Market by End User
Hospital
Pathology Laboratories
Clinics
Outpatient Centres
Maternity Centres
Clinical Chemistry Market by Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa (MEA)
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Key Questions Answered in This Report.
What are the Roadblocks for Clinical Chemistry Kits Market Suppliers?
What are the Key Opportunities for Clinical Chemistry Kits Market Manufacturers?
How is Focus on Safety Influencing Clinical Chemistry Kits Market Demand?
What is the Regulatory Impact on Global Sales of Clinical Chemistry Kits Market?
Which Region Offers the Largest Opportunity for Sales of Clinical Chemistry Kits Market?
Where Does the U.S. Stand in the Market for Clinical Chemistry Kits Market?
What Is the Outlook for Clinical Chemistry Kits Market Manufacturers in China?
Why is Germany a Lucrative Market for Clinical Chemistry Kits Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Clinical Chemistry Kits Market?
Why is There High Demand for Tires in Clinical Chemistry Kits Market?
Why are Sales of Clinical Chemistry Kits Market Surging?
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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