The global clinical chemistry analyzers market is anticipated to grow at a CAGR of around 5.8% during the forecast period 2020 to 2027 and to reach around US$ 17.7 Bn by 2027.
Market Dynamics
Increasing number of patients suffering from chronic disease such as diabetes across the globe and rapid technological advancements by major players for development of smart analyzers for early detection of diseases are major factors expected to drive the growth of global market. In addition, high government spending on development of healthcare infrastructure and innovative product offerings are factors responsible to support the growth of target market.
Business expansion plans of major players in order to increase the customer base and enhance the product portfolio through strategic partnerships and agreements is expected to boost the growth of target market.
In 2019, NexTech AR Solutions Corp. a leader in web based augmented reality for e-commerce, and advertising & virtual events signed a strategic agreement with Block Scientific with the focus to show clinical chemistry analyzer with the help of virtual and augmented reality. This is expected to help the company to attract new customers.
In 2018, Siemens Healthineers a healthcare company operating on global level received clearance from FDA and AACC to transform cardiac triage in emergency departments. This is expected to increase the revenue opportunities for the company in clinical chemistry workflows.
In 2018, Sysmex a global supplier of hematology instrumentation and delivers solutions in laboratory testing, hematology and urinalysis entered in to a strategic agreement with McKesson in order to distribute Sysmex’s XW-100 automated hematology analyzers in the US. This is expected to help the company to enhance the customer base.
In 2017, the company launched XN-L automated hematology analyzers for the US market which is expected to strengthen its position in US market.
In addition, government is focused on developing the infrastructure of hospitals in order to deliver enhanced patient care; deployment of advanced diagnostic devices for various test such as electrolyte panel, liver panel, lipid profile, renal profile, thyroid function panel, etc. along with increasing awareness activities are factors expected to support the growth of target market.
However, factors such as high capital investment and high cost devices are major factors expected to drive the growth of global market. In addition, stringent government regulation related to product approval is expected to challenge the growth of target market.
Inclination towards developing counties by the major players in order to increase the revenue share and development of smart and low cost analyzers are expected to create new opportunities for players over the forecast period. In addition, infrastructure development activities by the government in order to facilitate the adoption of advanced devices this is expected to support the revenue traction of target market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to increasing number of patients suffering from various chronic diseases. In addition, high government spending on development of healthcare sector in order to facilitate the adoption of advanced devices and high investment by major players for R&D activities are factors expected to support the growth of target market.
Presence of large number of players operating in the country and approach towards introduction of innovative products are factors expected to boost the growth of target market. In addition, increasing strategic partnership and agreements is expected to support the growth of target market.
Competitive Landscape
The global market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Clinical Chemistry Analyzers Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product, Test, End-Use and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Clinical Chemistry Analyzers Market Segment Analysis, 2019
The global market is segmented into product, test and end-use. The product segment is bifurcated into analyzers, reagents, and others and the analyzers segment is expected to account for major revenue share in the target segment due to high investment by major players for R&D activities and introduction of smart devices.
The end use segment is divided into hospitals, academic research centers, and diagnostic laboratories. Among the end use the hospitals segment is expected to account for significant revenue share owing to increasing government spending on healthcare sector and high focus on developing the infrastructure of the hospitals for easy adoption of advanced medical devices.
The players profiled in the report are Beckman Coulter, Abbott Diagnostics, Siemens AG, Ortho-Clinical Diagnostics, Thermo Fisher Scientific, Randox Laboratories Ltd., Roche Diagnostics, ElitechGroup, Mindray, and Horiba.
Market Segmentation
Market By Product
Analyzers
- Small
- Medium
- Large
- Very Large
Reagents
- Calibrators
- Controls
- Standards
- Others
Others
Market By Test
Basic Metabolic Panel
Electrolyte Panel
Liver Panel
Lipid Profile
Renal Profile
Thyroid Function Panel
Specialty Chemical Tests
Market By End-Use
Hospitals
Academic Research Centers
Diagnostic Laboratories
Market By Region
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Clinical Chemistry Analyzers
1.1. Definition and Scope
1.1.1. Definition of Clinical Chemistry Analyzers
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Clinical Chemistry Analyzers Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Clinical Chemistry Analyzers Market By Product Type
1.2.3. Clinical Chemistry Analyzers Market By Test Type
1.2.4. Clinical Chemistry Analyzers Market By End-User
1.2.5. Clinical Chemistry Analyzers Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Clinical Chemistry Analyzers Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Clinical Chemistry Analyzers Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Clinical Chemistry Analyzers Market By Product Type
4.1. Introduction
4.2. Clinical Chemistry Analyzers Revenue By Product Type
4.2.1. Clinical Chemistry Analyzers Revenue (US$ Mn) and Forecast, By Product Type, 2016-2027
4.2.2. Analyzers
4.2.2.1. Small
4.2.2.2. Medium
4.2.2.3. Large
4.2.2.4. Very Large
4.2.3. Reagents
4.2.3.1. Calibrators
4.2.3.2. Controls
4.2.3.3. Standards
4.2.3.4. Others
CHAPTER 5. Clinical Chemistry Analyzers Market Revenue By Test Type
5.1. Introduction
5.2. Clinical Chemistry Analyzers Revenue (US$ Mn) By Test Type
5.2.1. Clinical Chemistry Analyzers Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
5.2.2. Basic Metabolic Panel
5.2.3. Electrolyte Panel
5.2.4. Liver Panel
5.2.5. Lipid Profile
5.2.6. Renal Profile
5.2.7. Thyroid Function Panel
5.2.8. Specialty Chemical Tests
CHAPTER 6. Clinical Chemistry Analyzers Market By End-User
6.1. Introduction
6.2. Clinical Chemistry Analyzers Revenue (US$ Mn) By End-User
6.2.1. Clinical Chemistry Analyzers Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
6.2.2. Hospitals
6.2.3. Academic Research Centers
6.2.4. Diagnostic Laboratories
CHAPTER 7. North America Clinical Chemistry Analyzers Market By Country
7.1. North America Clinical Chemistry Analyzers Overview
7.2. U.S.
7.2.1. U.S. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
7.2.2. U.S. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
7.2.3. U.S. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.3. Canada
7.3.1. Canada Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
7.3.2. Canada Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
7.3.3. Canada Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.4. North America PEST Analysis
CHAPTER 8. Europe Clinical Chemistry Analyzers Market By Country
8.1. Europe Clinical Chemistry Analyzers Market Overview
8.2. U.K.
8.2.1. U.K. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.2.2. U.K. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
8.2.3. U.K. Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.3. Germany
8.3.1. Germany Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.3.2. Germany Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
8.3.3. Germany Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.4. France
8.4.1. France Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.4.2. France Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
8.4.3. France Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.5. Spain
8.5.1. Spain Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.5.2. Spain Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
8.5.3. Spain Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.6.2. Rest of Europe Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016-2027
8.6.3. Rest of Europe Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Clinical Chemistry Analyzers Market By Country
9.1. Asia Pacific Clinical Chemistry Analyzers Market Overview
9.2. China
9.2.1. China Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.2.2. China Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.2.3. China Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.3. Japan
9.3.1. Japan Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.3.2. Japan Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.3.3. Japan Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.4. India
9.4.1. India Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.4.2. India Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.4.3. India Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.5. Australia
9.5.1. Australia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.5.2. Australia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.5.3. Australia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.6.2. South Korea Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.6.3. South Korea Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.7.2. Rest of Asia-Pacific Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
9.7.3. Rest of Asia-Pacific Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Clinical Chemistry Analyzers Market By Country
10.1. Latin America Clinical Chemistry Analyzers Market Overview
10.2. Brazil
10.2.1. Brazil Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.2.2. Brazil Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
10.2.3. Brazil Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.3.2. Mexico Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
10.3.3. Mexico Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.4.2. Rest of Latin America Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 – 2027
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Clinical Chemistry Analyzers Market By Country
11.1. Middle East & Africa Clinical Chemistry Analyzers Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.2.2. Saudi Arabia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
11.2.3. Saudi Arabia Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.3. UAE
11.3.1. UAE Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.3.2. UAE Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
11.3.3. UAE Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.4.2. Rest of Middle East & Africa Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By Test Type, 2016 - 2027
11.4.3. Rest of Middle East & Africa Clinical Chemistry Analyzers Market Revenue (US$ Mn) and Forecast By End-User, 2016 – 2027
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Clinical Chemistry Analyzers
12.1. Clinical Chemistry Analyzers Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Clinical Chemistry Analyzers Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. COMPANY PROFILE
13.1. Beckman Coulter
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. Beckman Coulter 2019 Clinical Chemistry Analyzers Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Recent Developments & Business Strategy
13.1.6. Manufacturing Plant Footprint Analysis
13.2. Abbott Diagnostics
13.3. Siemens AG
13.4. Ortho-Clinical Diagnostics
13.5. Thermo Fisher Scientific,
13.6. Randox Laboratories Ltd.
13.7. Roche Diagnostics
13.8. ElitechGroup
13.9. Mindray
13.10. Horiba
13.11. Others
![Chemistry Analyzers Market (By Product: Analyzers [Small, Medium, Large, Very Large], Reagents [Calibrators, Controls, Standards, Others], Others; By Test: Basic Metabolic Panel, Electrolyte Panel, Liver Panel, Lipid Profile, Renal Profile, Thyroid Function Panel, Specialty Chemical Tests; By End-Use: Hospitals, Academic Research Centers, Diagnostic Laboratories) - Global Industry Analysis, Market Size, Opportunities And Forecast 2020 - 2027](assets/images/format-png.png "Chemistry Analyzers Market (By Product: Analyzers [Small, Medium, Large, Very Large], Reagents [Calibrators, Controls, Standards, Others], Others; By Test: Basic Metabolic Panel, Electrolyte Panel, Liver Panel, Lipid Profile, Renal Profile, Thyroid Function Panel, Specialty Chemical Tests; By End-Use: Hospitals, Academic Research Centers, Diagnostic Laboratories) - Global Industry Analysis, Market Size, Opportunities And Forecast 2020 - 2027")
