Automated Analyzers Market Set to Reach $7.1 Billion by 2029 with 7.2% Yearly Growth

What industry-specific factors are fueling the growth of the automated analyzers market?
The rising prevalence of chronic diseases is expected to stimulate the growth of the automated analyzers market. The prevalence of chronic diseases is increasing due to factors like aging populations, unhealthy lifestyles, and urbanization. Automated analyzers play a key role in chronic disease management by providing accurate diagnostic testing, enabling early detection, monitoring, and treatment of conditions such as diabetes, cardiovascular diseases, and kidney disorders. For instance, in June 2023, Kidney Research UK reported that around 7.2 million people in the UK live with chronic kidney disease, which accounts for more than 10% of the population. Of these, 3.25 million are in the advanced stages of the disease. The number of individuals affected by chronic kidney disease is expected to rise to 7.61 million by 2033. Therefore, the growing prevalence of chronic diseases is driving the growth of the automated analyzers market.

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What Is the projected market size and growth rate for the automated analyzers market?
The automated analyzers market has grown strongly in recent years. It is expected to expand from $5.02 billion in 2024 to $5.39 billion in 2025 at a CAGR of 7.4%. The previous growth was driven by rising awareness of preventive healthcare, an aging population, increasing demand for non-invasive diagnostic tests, the expansion of clinical research, and growth in drug development activities.

The automated analyzers market size is poised for strong expansion in the coming years. By 2029, it is expected to grow to $7.11 billion at a CAGR of 7.2%. Growth drivers include the expansion of veterinary diagnostics, increased focus on minimizing diagnostic errors, efforts to improve patient outcomes, the rise of telemedicine, and the growth of remote monitoring. Key trends in the forecast period include advancements in novel biomarkers, the adoption of point-of-care diagnostics, development of home-based diagnostic devices, miniaturization of diagnostic equipment, and the emergence of multi-analyte testing platforms.

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What new trends are reshaping the automated analyzers market and its opportunities?
In the automated analyzers market, major companies are focusing on developing innovative solutions like automated clinical chemistry analyzers to improve efficiency, accuracy, and throughput in diagnostic laboratories. These analyzers perform a variety of chemical tests on blood and bodily fluids with minimal human intervention, enhancing testing accuracy. For example, in January 2024, Beckman Coulter, a US-based manufacturer, launched the DxC 500 AU Chemistry Analyzer, an advanced instrument designed to improve capabilities in satellite and independent community hospital labs. Featuring over 120 high-quality assays, this analyzer integrates advanced automation and standardized reagents to improve efficiency and support clinical decision-making. It complements central hub laboratories, expanding access to vital testing services.

What major market segments define the scope and growth of the automated analyzers market?
The automated analyzersmarket covered in this report is segmented -

1) By Type: Biochemistry Analyzers, Immuno-Based Analyzers, Hematology Analyzers, Other Types
2) By Sample Type: Blood, Urine, Serum, Plasma, Other Sample Types
3) By Application: Drug Discovery, Genomics, Proteomics, Bio Analysis, Clinical Diagnostics, Other Applications
4) By End User: Hospitals And Clinics, Diagnostic Laboratories, Pharmaceutical And Biotechnology Companies, Other End Users

Subsegments:
1) By Biochemistry Analyzers: Clinical Biochemistry Analyzers, Point-of-Care Biochemistry Analyzers, Integrated Biochemistry Systems
2) By Immuno-Based Analyzers: Immunoassay Analyzers, Enzyme-Linked Immunosorbent Assay (ELISA) Analyzers, Chemiluminescent Immunoassay (CLIA) Analyzers
3) By Hematology Analyzers: Automated Hematology Analyzers, Flow Cytometry-Based Hematology Analyzers, Complete Blood Count (CBC) Analyzers
4) By Other Types: Molecular Analyzers, Urinalysis Analyzers, Coagulation Analyzers

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Which region dominates the automated analyzers market?
North America was the largest region in the automated analyzers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated analyzers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the automated analyzers industry growth?
Major companies operating in the automated analyzers market are Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Honeywell International, Danaher Corporation, Siemens Healthineers AG, Becton, Dickinson, and Company, Tosoh Corporation, Agilent Technologies Inc., Grifols S.A., Xylem Inc., Hitachi High-Tech Corporation, Mindray, PerkinElmer Inc., bioMérieux SA, Sysmex Corporation, Bruker Corporation, Horiba Medical, Randox Laboratories Ltd., Nova Biomedical Corporation, Trinity Biotech Plc

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What Is Covered In The Automated Analyzers Global Market Report?

•Market Size Forecast: Examine the automated analyzers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automated analyzers market for a structured understanding.
•Key Players Overview: Analyze major players in the automated analyzers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automated analyzers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automated analyzers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automated analyzers market.
•Industry Challenges: Identify potential risks and obstacles affecting the automated analyzers market.
•Competitive Landscape: Review strategic developments in the automated analyzers market, including expansions, agreements, and new product launches.

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