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Hematology Analyzer Market to Cross $3.94 Billion by 2030 | Abbott Laboratories, Bio-Rad Laboratories, Danaher Corporation

12-20-2022 01:46 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Hematology Analyzer Market to Cross $3.94 Billion by 2030 |

Technological developments, increase in demand for automated hematology analyzers, and rise in preference toward high sensitivity hematology analyzers are the factors that drive the global hematology analyzer market. On the other hand, high cost of hematology analyzers due to advanced features and automation and strict regulatory policies hinder the market growth. However, growth opportunities in developing economies are expected to offer profitable opportunities to the market players.

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According to the report published by Allied Market Research, the global hematology analyzer market size was valued at $1,962.40 million in 2020 and is projected to reach $3,941.10 million by 2030 registering a CAGR of 7.30% from 2021 to 2030.

COVID -19 impact scenario:

The COVID-19 outbreak disturbed workflows in the healthcare industry across the globe.

A few subdomains of healthcare industry had to pause or shut their operations due to lockdown and lack of workforce.

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COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The COVID-19 pandemic has helped the industry grow significantly, as the demand for hematology analyzer increased owing to increase in focus on the hematology parameters for the assessment of COVID-19 around the world. This supports the hematology analyzer market to gain traction during the forecast period.

Rise in prevalence of blood disorders such as anemia, blood cancers, hemorrhagic conditions, and infections in the blood, technological advancements in hematology analyzers, and increase in demand for automated hematology analyzer coupled with rising preference toward high sensitivity hematology analyzer are some factors that boost the growth of the market. Furthermore, growth opportunities in emerging economics are expected to create a lucrative opportunity for market growth.

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Leading players of the global hematology analyzer market analyzed in the research include Abbott Laboratories, Bio-Rad Laboratories, Danaher Corporation (Beckman Coulter Inc.), Boule Diagnostics AB, Hobira Ltd, F Hoffmann-La Roche Ltd, Siemens Healthineers, Stratec SE (Diatron MI Plc.), Nihon Kohden Corporation, and Sysmex Corporation.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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