Market Overview:
The global biochemistry analyzer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for diagnostic tests, technological advancements in biochemistry analyzers, and rising prevalence of chronic diseases. Based on type, the global biochemistry analyzer market is segmented into semi-automatic biochemical analyzers and fully automated biochemical analyzers. The semi-automatic biochemical analyzers segment is expected to account for the majority share of the global biochemistry analyzer market in 2018.
Product Definition:
A biochemical analyzer is a laboratory instrument that is used to measure the concentration of various biochemical substances in a sample of blood, urine, or other body fluid. These instruments are used to help diagnose and monitor diseases, as well as to aid in the research and development of new drugs.
Semi-Automatic Biochemical Analyzers:
Semi-automatic biochemical analyzers are instruments that help in analyzing a wide range of biological fluids and specimens without requiring skilled professionals. These devices are used for routine analysis in research as well as clinical laboratories.
Increasing demand for automation, growing prevalence of chronic diseases, rising geriatric population base and increasing government initiatives to spread awareness regarding disease diagnosis & treatment at primary care level are the major factors driving the global semi-automatic biochemical analyzers market growth over the forecast period.
Fully Automated Biochemistry Analyzers:
Fully automated biochemistry analyzers are instruments that help in performing biochemical tests with the utmost accuracy. These devices have gained popularity owing to their ability to reduce human errors and provide more reliable results. Fully automated biochemistry analyzers have a number of advantages such as they can analyze complex samples, they can also perform assays multiple times without any intervention and these devices are easy to use.
Application Insights:
The academic research institutes segment dominated the global biochemistry analyzer market in 2017. This is attributed to the presence of a large number of academic research institutes involved in various stages of drug discovery and development. These institutions conduct extensive R&D activities, which require a constant supply of fresh blood samples for analysis. Hence, they opt for fully automated biochemistry analyzers that can analyze numerous samples simultaneously with high accuracy and reliability.
The diagnostics centers segment is expected to grow at a lucrative rate over the forecast period owing to an increase in demand for point-of-care testing across several industries including healthcare, food & beverage, clinical laboratories, pharmaceuticals among others.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. This can be attributed to the presence of a large number of CROs and contract research organizations that work on biotechnology projects. The U.S., being one of the developed countries, has a well-established healthcare infrastructure with top hospitals, diagnostic centers, and universities involved in various R&D activities related to modern biotechnology techniques such as cell culture & transformation, molecular biology & genetics studies etc.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to increasing government funding for basic science research along with rising awareness among people about early diagnosis and effective treatment methods for diseases such as cancer and diabetes which are major causes of death across this region.
Growth Factors:
- Increasing demand for biochemistry analyzers from hospitals and diagnostic laboratories for the diagnosis of various diseases.
- Growing prevalence of chronic diseases such as diabetes, cancer, and heart disease is expected to boost the demand for biochemistry analyzers over the forecast period.
- Technological advancements in biochemistry analyzers are anticipated to fuel market growth during the forecast period.
- Rising number of mergers and acquisitions by key players is expected to provide impetus to market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biochemistry Analyzer Market Research Report
By Type
Semi-Automatic Biochemical Analyzers, Fully Automated Biochemistry Analyzers
By Application
Academic Research Institutes, Biotechnology Companies, Contract Research Organizations, Diagnostic Centres, Hospitals, Pharmaceutical Companies, Others
By Companies
URIT Medical Electronic, ELITechGroup, EKF Diagnostics, Spinreact, Mindray, Danaher, Roche Diagnostics, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Biochemistry Analyzer Market Report Segments:
The global Biochemistry Analyzer market is segmented on the basis of:
Types
Semi-Automatic Biochemical Analyzers, Fully Automated Biochemistry Analyzers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic Research Institutes, Biotechnology Companies, Contract Research Organizations, Diagnostic Centres, Hospitals, Pharmaceutical Companies, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- URIT Medical Electronic
- ELITechGroup
- EKF Diagnostics
- Spinreact
- Mindray
- Danaher
- Roche Diagnostics
- ...
Highlights of The Biochemistry Analyzer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi-Automatic Biochemical Analyzers
- Fully Automated Biochemistry Analyzers
- By Application:
- Academic Research Institutes
- Biotechnology Companies
- Contract Research Organizations
- Diagnostic Centres
- Hospitals
- Pharmaceutical Companies
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biochemistry Analyzer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A biochemistry analyzer is a laboratory instrument that helps scientists study the chemical reactions that take place in living cells.
Some of the key players operating in the biochemistry analyzer market are URIT Medical Electronic, ELITechGroup, EKF Diagnostics, Spinreact, Mindray, Danaher, Roche Diagnostics.
The biochemistry analyzer market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biochemistry Analyzer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biochemistry Analyzer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biochemistry Analyzer Market - Supply Chain
4.5. Global Biochemistry Analyzer Market Forecast
4.5.1. Biochemistry Analyzer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biochemistry Analyzer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Biochemistry Analyzer Market Absolute $ Opportunity
5. Global Biochemistry Analyzer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Biochemistry Analyzer Market Size and Volume Forecast by Type
5.3.1. Semi-Automatic Biochemical Analyzers
5.3.2. Fully Automated Biochemistry Analyzers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Biochemistry Analyzer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Biochemistry Analyzer Market Size and Volume Forecast by Application
6.3.1. Academic Research Institutes
6.3.2. Biotechnology Companies
6.3.3. Contract Research Organizations
6.3.4. Diagnostic Centres
6.3.5. Hospitals
6.3.6. Pharmaceutical Companies
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Biochemistry Analyzer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Biochemistry Analyzer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Biochemistry Analyzer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Biochemistry Analyzer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Biochemistry Analyzer Demand Share Forecast, 2019-2029
9. North America Biochemistry Analyzer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Biochemistry Analyzer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Biochemistry Analyzer Market Size and Volume Forecast by Application
9.4.1. Academic Research Institutes
9.4.2. Biotechnology Companies
9.4.3. Contract Research Organizations
9.4.4. Diagnostic Centres
9.4.5. Hospitals
9.4.6. Pharmaceutical Companies
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Biochemistry Analyzer Market Size and Volume Forecast by Type
9.7.1. Semi-Automatic Biochemical Analyzers
9.7.2. Fully Automated Biochemistry Analyzers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Biochemistry Analyzer Demand Share Forecast, 2019-2029
10. Latin America Biochemistry Analyzer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Biochemistry Analyzer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Biochemistry Analyzer Market Size and Volume Forecast by Application
10.4.1. Academic Research Institutes
10.4.2. Biotechnology Companies
10.4.3. Contract Research Organizations
10.4.4. Diagnostic Centres
10.4.5. Hospitals
10.4.6. Pharmaceutical Companies
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Biochemistry Analyzer Market Size and Volume Forecast by Type
10.7.1. Semi-Automatic Biochemical Analyzers
10.7.2. Fully Automated Biochemistry Analyzers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Biochemistry Analyzer Demand Share Forecast, 2019-2029
11. Europe Biochemistry Analyzer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Biochemistry Analyzer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Biochemistry Analyzer Market Size and Volume Forecast by Application
11.4.1. Academic Research Institutes
11.4.2. Biotechnology Companies
11.4.3. Contract Research Organizations
11.4.4. Diagnostic Centres
11.4.5. Hospitals
11.4.6. Pharmaceutical Companies
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Biochemistry Analyzer Market Size and Volume Forecst by Type
11.7.1. Semi-Automatic Biochemical Analyzers
11.7.2. Fully Automated Biochemistry Analyzers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Biochemistry Analyzer Demand Share, 2019-2029
12. Asia Pacific Biochemistry Analyzer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Biochemistry Analyzer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Biochemistry Analyzer Market Size and Volume Forecast by Application
12.4.1. Academic Research Institutes
12.4.2. Biotechnology Companies
12.4.3. Contract Research Organizations
12.4.4. Diagnostic Centres
12.4.5. Hospitals
12.4.6. Pharmaceutical Companies
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Biochemistry Analyzer Market Size and Volume Forecast by Type
12.7.1. Semi-Automatic Biochemical Analyzers
12.7.2. Fully Automated Biochemistry Analyzers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Biochemistry Analyzer Demand Share, 2019-2029
13. Middle East & Africa Biochemistry Analyzer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Biochemistry Analyzer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Biochemistry Analyzer Market Size and Volume Forecast by Application
13.4.1. Academic Research Institutes
13.4.2. Biotechnology Companies
13.4.3. Contract Research Organizations
13.4.4. Diagnostic Centres
13.4.5. Hospitals
13.4.6. Pharmaceutical Companies
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Biochemistry Analyzer Market Size and Volume Forecast by Type
13.7.1. Semi-Automatic Biochemical Analyzers
13.7.2. Fully Automated Biochemistry Analyzers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Biochemistry Analyzer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Biochemistry Analyzer Market: Market Share Analysis
14.2. Biochemistry Analyzer Distributors and Customers
14.3. Biochemistry Analyzer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. URIT Medical Electronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ELITechGroup
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EKF Diagnostics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Spinreact
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mindray
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Danaher
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Roche Diagnostics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook