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Clinical Chemistry Analysers Market by Product, Test Type and End User - Global Industry Analysis and Forecast to 2025
Crystal Market Research
Clinical chemistry is a specialized area of clinical pathology that measures chemical changes in the body for diagnosis and therapeutic purpose. Clinical chemistry is performed by using body fluids such as serum, plasma and blood. Chemical analysers are bench top devices used in all types of laboratories and point of care clinics to determine concentration of certain metabolites in body fluids. Clinical chemistry is used for a wide range of application ranging from simple chemical reaction test for blood to highly advanced chemical test including immunoassays, electrophoresis and spectroscopy. The end result of the biochemical analysis helps clinicians to detect diseases as well as to decide the course of treatment for early recovery.
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Most of the biochemical tests are designed to measure increasing blood glucose level or presence of certain metabolites in blood plasma. Other test includes biochemical profiling of organs and to measure body responses to external stimuli. There are almost 400 clinical tests which can be performed with the use of chemical chemistry analyser ranging from simple measurement such as measurement of sodium and potassium in body to highly complex test such as screening for drugs. One of the major applications of clinical chemistry analysers is used in screening test to detect errors in metabolism and toxicology of foreign material entering in the body.
The increasing prevalence of chronic diseases is expected to play key role in growth of the market. According to studies conducted by International Diabetes Foundation in 2015, around 400 million adults were suffering from diabetes and this number is expected to reach 640 million by 2040.This increase in prevalence of chronic diseases especially diabetes and cancer will increase demand for early detection test thereby leading to increase demand for clinical chemistry analysers. Furthermore, increasing geriatric population with high risk of developing infections such as malaria and tuberculosis will fuel the growth of the global market. In addition, technological innovations and laboratory automation for improved data acquisition for accurate results and reduced scanning time will propel growth of the overall market. However, high cost of chemical analysers and dearth of skilled professionals is expected to slow down growth of the market.
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The global manufacturers of chemical analysers include Abbott Diagnostics, Roche Holding AG, Beckman Coulter, Siemens AG, Thermo Fisher Scientific, Ortho-Clinical Diagnostics, Randox Laboratories Ltd., ElitechGroup, Horiba, and Mindray. These players have implemented strategies such as new product launch, mergers and acquisitions to strength their global presence by acquiring larger market share. For instance, in January 2017, Roche Holding AG had launched new haematology testing solution known as Cobas m 511 integrated hematology analyser for faster and more accurate diagnosis of blood diseases. This product overcomes challenges of hematology testing by integrating digital morphology analyser, cell counter and cell analyser into single system. Similarly Roche Holding AG in August 2016 acquired Kapa Biosystems, to make strong presence in next generation sequencing products including rDNA and polymerase chain reactions.
Technological innovations coupled with development of new cell based assays methods will provide lucrative market opportunities for players operating in the global market. Manufacturers are focusing on developing customized analysers for laboratories that enable them to process large number of samples at a time. Furthermore with advancements in software technology, key players will be able to offer highly sophisticated analysers with increase speed and high degree of automation.
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About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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