With long term Impact of COVID-19, Global Clinical Chemistry Analyzers Market to reach USD 18 billion by 2027

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Jun 28, 2020 (Market Insight Reports) — Indore, IN: Bizwit Research & Consulting LLP’s Recent Analysis on Global Clinical Chemistry Analyzers Market is poised to raise up to USD 18 billion by 2027. Clinical chemistry is the field of clinical pathology that deals with the evaluation and analysis of body fluids, which are beneficial in the diagnosis and therapeutics of diseases. The clinical chemistry analyzers are use in mechanisms such as ion-selective potentiometry, latex agglutination, and photometric & colorimetric testing to analyze the body fluids (i.e. blood serum, plasma, and urine). They are primarily used for testing the metabolic functions to perceive the diseases such as diabetes and drugs-of-abuse testing.

Several kinds of the clinical analyzers can be accessed such as benchtop analyzers and compact bedside models, generally with fewer test options and high-input floor-based units. Rising incidences of lifestyle diseases such as diabetes, growing healthcare expenditure and increase in the number of reagent rental agreements are the few factors responsible for high CAGR of the market over the forecast period. According to the International Diabetic Federation (IDF), the number of adults with diabetes was estimated around 415 million in 2015, and this number is projected to grow to almost 578 million by 2030, globally. This, in turn, is expected to accelerate the demand for Clinical Chemistry Analyzers, thus contributing to the growth of the global market.

The global Clinical Chemistry Analyzers market industry is highly competitive owing to the presence of several key manufacturers such as Abbott Laboratories, Danaher Corporation, F. Hoffmann-La Roche Ltd., Johnson & Johnson, Siemens AG, Elitech Group, Horiba, Ltd., Mindray Medical , International Limited, Randox Laboratories Ltd., and Thermo Fisher Scientific Inc.

For further analysis on this or to request a sample copy of this report, please click the link mentioned below:

https://www.bizwitresearch.com/reports/global-clinical-chemistry-analyzers-market-to-reach-usd-17176-million-by-2026/

Key findings of the study suggest:

  • Global Clinical Chemistry Analyzers Market industry is anticipated to grow with a healthy growth rate of more than 5.5 % over the forecast period 2020-2027.
  • North America is the leading/significant region across the world in terms of market share owing to the supportive government initiatives for clinical chemistry and high implementation of practice guidelines enacted by healthcare organizations present in the region
  • Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027, due to increasingly becoming saturated manufacturers and suppliers of clinical chemistry analyzers products in the emerging countries such as China and India
  • The Clinical Chemistry Analyzers market can be chiefly attributed to the rising incidences of lifestyle-oriented diseases.

Bizwit Research & Consulting LLP has considered following segments for the study:

Product:

  • Analyzers
  • Reagents
  • Others

Test Type:

  • Basic Metabolic Panels
  • Electrolyte Panels
  • Liver Panels
  • Lipid Profiles
  • Others

End-User:

  • Academic Research Centers
  • Diagnostic Laboratories
  • Hospitals
  • Others

Regional Outlook

  • North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com

About Us

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.

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The MarketWatch News Department was not involved in the creation of this content.