CLINICAL CHEMISTRY ANALYZERS MARKET PROJECTED TO GROW AT A CAGR OF 4.8% FROM 2018 TO 2023 – AXIOM MRC

Axiom Market Research & Consulting published a report on Global Clinical Chemistry Analyzers Market. The Global market is driven by factors such as Increasing healthcare expenditure, growing ageing population & prevalence of lifestyle diseases, laboratory automation, increased medical insurance in the U.S. and advances in point-of-care and combinatorial testing. The key companies that lead the clinical chemistry analyzers market are Abbott Laboratories, Becker Coulter (Acquired by Danaher Corporation), Johnson & Johnson, Ortho-Clinical Diagnostics, Inc., F. Hoffmann-La Roche, Siemens AG, Thermo Fisher Scientific Inc., Horiba Ltd, Elitech Group, Randox Laboratories Ltd and Mindray Medical International Limited. The global report includes market drivers and restraints, new trends, competitive landscape, market size estimation and forecast up to 2023 of various types of clinical chemistry analyzers like reagents and devices

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The report was studied for geographies such as Americas, Europe, Asia-Pacific and RoW that includes the Middle East & Africa and the remaining countries. Americas region is the largest market of clinical chemistry followed by Europe and Asia Pacific. Asia Pacific is the fastest growing region for clinical chemistry analyzers. Clinical chemistry reagents and consumables are the largest segment that dominate the market. By test type, basic metabolic panel leads the clinical chemistry market. Leading end user segment of clinical chemistry are hospitals followed by commercial laboratories.

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The clinical chemistry analyzers market is segmented into devices and reagents and consumables. The major types of analyzers considered in the report are devices which include semi-automated and automated, further they are divided into entry level, medium throughput analyzers, high throughput analyzers and high throughput modular analyzers. The reagents studied include metabolites, enzymes, electrolytes and others, which include proteins, lipoprotein, other reagents and consumables. By test type clinical chemistry market is segmented as basic metabolic panel, electrolyte panel, liver panel, lipid profile, renal profile, thyroid function panel and specialty chemicals. The clinical chemistry analyzers are mainly used in hospitals, commercial laboratories, academic institutions and are used by blood banks, cancer research centers among others.

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