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Biochemistry Analyzers Market

Biochemistry Analyzers Market Size, Share & Trends Analysis Report

Biochemistry Analyzers Market By Type(Fully Automatic Biochemistry Analyzers, Semi-Automatic Biochemistry Analyzers), By End-Users(Hospital And Diagnostic Laboratories, Home Care, Academic, And Research Institutes), Industry Analysis, Trends, And Forecast, 2021-2028

Published
Report ID : BMRC 1539
Number of pages : 300
Published Date : Nov 2022
Category : Biotechnology
Delivery Timeline : 48 hrs
Single User : $3250

Corporate User : $7999

Global Biochemistry Analyzers Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028- Factors such as growing demand of biochemistry analyzers in hospitals, increasing prevalence of chronic diseases and rising demand of automated analyzers are some of the major factors driving the growth of Global Biochemistry Analyzer Market.

Global Biochemistry Analyzers Market is valued at USD 3.53 Billion in 2021 and expected to reach USD 5.18 Billion by 2028 with a CAGR of 5.6% over the forecast period.

Scope of Global Biochemistry Analyzers Market Report

Biochemistry analyzers are clinical chemical analyzing devices which measures components in biological sample including blood urine, plasma. It uses many electrochemical and optical techniques to analyze blood, urine, cerebrospinal fluid and other biological samples. Function of these analyzers is mostly based on optical measurements which includes calorimetric, absorption, spectrometric and fluoroscopic detection. These processes can measures chemicals such as antigens molecules and proteins in the body fluid. These analyzers are mostly used in hospitals, clinics, epidemic prevention stations. Biochemical analyzers are made up of optical engine which includes light source, detectors and other optical elements.  For greater accuracy biochemistry analyzers are highly automated. It automates sample loading tube cleaning mechanical control and data processing. The user just need to insert sample for analysis, choose the program and starts the instrument. These analyzers are not only used in medical field but also used in research industries and diagnosis of various diseases. Main aim of these analyzers is in medical field as they are safe to use in hospital laboratories. They are used to perform many tests like sugar test, albumin test.

Covid-19 has shown a positive impact on global biochemistry analyzer market due increased demand of laboratory tests to diagnose and monitor Covid-19. So that demand of global biochemistry market is increased. However, limited tests used in the diagnosis and monitoring of COVID-19, delay of non-urgent health issues because of the pandemic and decrease in the number of patients due to concern of contagion have led to a drop in test numbers which has affected the market growth up to some extent.

Global biochemistry analyzers market is segmented on the basis of types, end users and regional & country level. On the basis of types, global biochemistry analyzer market is classified into fully automated biochemistry analyzer and semi-automated biochemistry analyzer. On the basis of end-users, global biochemistry analyzer market is classified into hospital and diagnostic laboratories, home care, academic and research institutes.

Global Biochemistry Analyzers Market Segmentation:

By Type:

  • Fully Automatic Biochemistry Analyzers
  • Semi-Automatic Biochemistry Analyzers

By End-Users:

  • Hospital and Diagnostic Laboratories
  • Home Care
  • Academic and Research Institutes

The regions covered in this global biochemistry analyzers market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of biochemistry analyzers is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players for Global Biochemistry Analyzers Market Report

Some major key players of global biochemistry analyzers are

  • Abbott
  • Danaher
  • Hoffmann-La-Roche Ltd.
  • Meril Life Science Pvt. Ltd.
  • Siemens AG
  • Hologic Inc.
  • Thermo Fisher Scientific Inc.
  • Randox Laboratories Ltd.
  • Beckman Coulter Inc.
  • Horiba Ltd.
  • others.

Beckman Coulter Introduced Tabletop Hematology Analyzer

On February 1st, 2021; DxH 560 AL was launched by Beckman Coulter, a tabletop hematology analyzer. This analyzer is made to reduce the time and resource restrictions faced by small to midsized laboratories. This analyzer includes automatic loading functionality, closed tube aspiration and easy to carry capabilities. At a time 50 samples can fit into it and it also provide safety against blood-borne pathogens. The DxH 560 analyzer provides result in 60 seconds or less. This analyzer can be used in case of patients like infants, cancer patients or elderly patients. Because it only requires a 17 μL sample less than a drop of blood. The analyzer also offers privacy and security features including customizable user login, paperless data management and fully traceable automated timeouts. This analyzer is a part of Beckman coulters DxH500 series of small footprint tabletop hematology analyzer.

Growing Demand of Biochemistry Analyzers in Hospitals, Increasing Prevalence of Chronic Diseases and Rising Demand of Automated Analyzers are Some of the Major Factors Driving the Growth of Global Biochemistry Analyzer Market

The major factors driving the growth of the biochemistry analyzer market are growing demand of biochemistry analyzers in hospitals, increasing prevalence of chronic diseases and rise in demand of automated analyzers. As biochemistry analyzers also known as clinical chemistry analyzers, they are used to measure metabolites present in biological samples like blood urine. By studying these samples, it is possible to diagnose many diseases. In addition, increasing number of product launches in this field is also supplementing the market growth. For instance; in September 2020, Agappe diagnostics launched a new hematology analyzer. In addition, growing number of cases of chronic diseases is also propelling the growth of the market. As there are number of cases of chronic diseases increasing, there is more demand of analyzers to detect the body biomolecules. Aging population and changes in societal behavior causes steady increase in these chronic diseases. For example; according to international federation (IDF), 463 million people worldwide had diabetes in 2019, a 62% increase since 2009. Therefore to detect these chronic diseases by using body fluids there is increasing demand of analyzers which boosts the growth of the market.

However, calibration difference among different instruments gives varied results which may hamper the growth of the market. In spite of that, advancements in biochemistry analyzers can offer more opportunities for the further growth of the market.

North America is Expected to Dominate the Global Biochemistry Analyzers Market

The global biochemistry analyzers market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the market within the forecast period attributed to key players launching new biochemistry analyzers for diagnosis purpose and highly developed healthcare industry in this region. Biochemistry analyzers are used to analyze, to detect and to determine various functions of biomolecules within the cell. Analyzing biomolecules is important for disease diagnostics, food safety inspection and pharmaceutical development. Europe is projected to capture the second largest share of global biochemistry analyzers market due to growing geriatric population, rising prevalence of chronic diseases and increasing number of product offerings in this region. For example; in November 2019, JEOL.LTD launched its biomajesty series of chemistry analyzers which includes JCA-ZS050, JCA-BM6070/C and JCA-BM6010/C.

Report Analysis Details
Historical data 2015 - 2020
Forecast Period 2021 - 2028
Market Size in 2020: USD 3.53 Billion
Base year considered 2020
Forecast Period CAGR %:

12.30 %

Market Size Expected in 2027: USD 5.18 Billion 
Tables, Charts & Figures: 175
Pages 200
Key Players/Companies Abbott, Danaher, F. Hoffmann-La-Roche Ltd., Meril Life Science Pvt. Ltd., Siemens AG, Hologic, Inc., Thermo Fisher Scientific, Inc., Randox Laboratories Ltd., Beckman Coulter, Inc., Horiba, Ltd. and others
Segments Covered By Type, By End-Users
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Biochemistry Analyzers Market-

  • Global biochemistry analyzers report covers in-depth historical and Forecast analysis.
  • Global biochemistry analyzers Market research report provides detail information about Market Introduction, Market Summary, Global market, Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global biochemistry analyzers Market report helps to identify opportunities in Marketplace.
  • Global biochemistry analyzers Market report covers extensive analysis of Emerging trends and competitive.

Biochemistry Analyzers Market By Regional & Country Level:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
SUMMARY
VishalSawant
Vishal Sawant
Busines Development
vishal@brandessenceresearch.com
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