Clinical Chemistry Analyzers Market to Grow at a 4% CAGR from 2019 to 2027, reaching US$ 16.3 billion: TMR Report

Transparency Market Research's most recent market report on the 𝐜𝐥𝐢𝐧𝐢𝐜𝐚𝐥 𝐜𝐡𝐞𝐦𝐢𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐳𝐞𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, covering the historical period of 2017-2018 and the forecast period of 2019-2027, indicates that the increasing prevalence of chronic diseases and the adoption of point-of-care testing for the diagnosis of various diseases are expected to propel the global clinical chemistry analyzers market.

The report reveals that the global clinical chemistry analyzers market reached a value of approximately US$ 11.3 billion in 2018. Furthermore, it is anticipated that the market will reach US$ 16.3 Bn with a compound annual growth rate (CAGR) of approximately 4% from 2019 to 2027.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5366&utm_source=OpenPR&utm_campaign=MansiR

𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐂𝐥𝐢𝐧𝐢𝐜𝐚𝐥 𝐂𝐡𝐞𝐦𝐢𝐬𝐭𝐫𝐲 - 𝐀 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝

Computer technology has revolutionized clinical chemistry, leading to widespread adoption of informatics and automation. Automated systems have significantly increased testing volumes and efficiency while reducing human error and cross-contamination risks. Demand for automated chemistry analyzers has surged, with fully automatic systems projected to dominate ~64% of the market by 2027, reaching a value of ~US$ 10.4 Bn. Favorable reimbursement policies and technological advancements are driving the development of flexible instruments with superior performance, further fueling the growth of automated chemistry analyzers.

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Ortho Clinical Diagnostics,F. Hoffmann-La Roche Ltd.,Danaher Corporation,Randox Laboratories Ltd,Siemens Healthineers,Abbott Laboratories,Thermo Fisher Scientific, Inc.,Mindray Medical International Limited

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Panels & Reagents
Analyzers

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

Semi-automatic
Fully Automatic

𝐌𝐨𝐝𝐚𝐥𝐢𝐭𝐲

Centralized
Decentralized

𝐄𝐧𝐝 𝐔𝐬𝐞𝐫

Hospitals
Diagnostic Centers
Academic Research Institutes
Others

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.transparencymarketresearch.com/checkout.php?rep_id=5366<ype=S&utm_source=OpenPR&utm_campaign=MansiR

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In October 2017, Siemens Healthineers decided to expand its capacity in Shanghai. The new laboratory diagnostic plant is the firm's first in-vitro diagnostic reagent plant in Asia Pacific, which is engaged in the production of clinical chemistry and immunoassay reagents.

In September 2019, Randox Laboratories Ltd. launched a new online store with exclusive discounts. The website offers customers reagents, dedicated RX series kits, and consumables online.

In November 2017, Ortho Clinical Diagnostics collaborated with EKF Diagnostics. The agreement allowed Ortho customers to access EKF's Stanbio Chemistry LiquiColor assay for beta-hydroxybutyrate (BHB).

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Emerging trends in the clinical chemistry analyzers market include the integration of artificial intelligence (AI) and machine learning (ML) algorithms for data analysis, the adoption of point-of-care testing devices, and the development of portable and compact analyzers for remote healthcare settings.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The future outlook for the clinical chemistry analyzers market is promising, with continued technological innovation driving market expansion. Increasing focus on personalized medicine, the emergence of novel biomarkers, and the integration of digital health platforms are expected to create lucrative opportunities for market players.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market dynamics analysis
Competitive landscape assessment
Regulatory framework analysis
Market penetration strategies
Technological advancements and product innovation

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/04/26/2655595/0/en/Sustainable-Packaging-Market-to-reach-US-396-2-Billion-by-2030-growing-at-a-CAGR-of-5-8-from-2023-2030-TMR-Report.html

𝐒𝐮𝐛𝐬𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/04/26/2655589/0/en/Substation-Automation-Market-to-Grow-at-a-6-7-CAGR-from-2023-to-2031-Reaching-US-51-65-billion-TMR-Report.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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This release was published on openPR.