Market Overview:
The global biochemistry glucose lactate analyzer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of diabetes, rising demand for point-of-care diagnostics, and technological advancements in glucose lactate analyzers. Based on type, the global biochemistry glucose lactate analyzer market can be segmented into handheld and portable devices. The handheld devices segment is expected to account for a larger share of the market than the portable devices segment during the forecast period. This can be attributed to their low cost and easy portability. Based on application, the global biochemistry glucose lactate analyzer market can be divided into hospital laboratories, clinic laboratories, and home care settings.
Product Definition:
A glucose lactate analyzer is a medical device used to measure the concentration of glucose and lactate in blood. The importance of this type of analyzer is that it can help doctors diagnose and monitor conditions such as diabetes, heart failure, and sepsis.
Handheld:
Handheld glucometer is a device used to measure blood sugar levels. It consists of two parts, testing kit and glucose meter. The testing kit comprises test strips, lancets and syringe for drawing blood while the glucose meter measures the level of glucose in the sample drawn from patient’s vein with accuracy.
Portable:
The portable and it's usage in biochemistry glucose lactate analyzer market is expected to grow at a lucrative rate during the forecast period. The key factors that are driving the growth of this market include increasing demand for point of care diagnostic devices, growing prevalence of chronic diseases such as diabetes and rising geriatric population base.
Application Insights:
The market is segmented based on the application of the analyzer, namely hospital, clinic or home care. The hospital segment dominated the global biochemistry glucose lactate analyzer market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as increasing prevalence of chronic diseases and rising healthcare expenditure globally. Moreover, growing government initiatives towards improving healthcare infrastructure are further anticipated to boost product demand in near future.
The home care segment is expected to register a significant CAGR during the forecast period owing to factors such as aging population prone with diabetes mellitus and changing lifestyles that require sugar level testing at homes for proper treatment options selection by clinicians or patients themselves. Furthermore, an increase in disposable income has resulted in an increased number of people having access to advanced diagnostic tests like glucometers and glucose monitors at lower costs which will further fuel growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D, and increasing healthcare expenditure by government and private sectors. Moreover, technological advancements such as miniaturization and portability are also expected to drive regional growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period owing to factors such as improving economic conditions leading to an increase in disposable income levels resulting into increased adoption of medical devices for diagnosis & treatment purposes.
Latin America region is anticipated grow at a significant rate over the forecast period owing to factors such as improvement in healthcare infrastructure with rise in investments made by governments along with other public.
Growth Factors:
- Increasing demand for glucose lactate analyzers in hospitals and clinics
- Rising prevalence of diabetes and other metabolic disorders
- Technological advancements in glucose lactate analyzers
- Growing demand for point-of-care diagnostics devices
- Increasing number of clinical studies on the use of glucose lactate analyzers
Scope Of The Report
Report Attributes
Report Details
Report Title
Biochemistry Glucose Lactate Analyzer Market Research Report
By Type
Handheld, Portable
By Application
Hospital, Clinic, Home Care
By Companies
Abbott, EKF Diagnostics, Roche, Yellow Springs Instrument (YSI), AgaMatrix, Bayer, Analox, Analis, Bionime
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Biochemistry Glucose Lactate Analyzer Market Report Segments:
The global Biochemistry Glucose Lactate Analyzer market is segmented on the basis of:
Types
Handheld, Portable
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
Hospital, Clinic, Home Care
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:
- Abbott
- EKF Diagnostics
- Roche
- Yellow Springs Instrument (YSI)
- AgaMatrix
- Bayer
- Analox
- Analis
- Bionime
Highlights of The Biochemistry Glucose Lactate 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:
- Handheld
- Portable
- By Application:
- Hospital
- Clinic
- Home Care
- 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 Glucose Lactate 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?
The Biochemistry Glucose Lactate Analyzer is a medical device that measures the levels of glucose and lactate in blood. These levels can indicate whether someone is experiencing an illness or if they are recovering from one.
Some of the key players operating in the biochemistry glucose lactate analyzer market are Abbott, EKF Diagnostics, Roche, Yellow Springs Instrument (YSI), AgaMatrix, Bayer, Analox, Analis, Bionime.
The biochemistry glucose lactate analyzer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market - Supply Chain
4.5. Global Biochemistry Glucose Lactate Analyzer Market Forecast
4.5.1. Biochemistry Glucose Lactate Analyzer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biochemistry Glucose Lactate Analyzer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Biochemistry Glucose Lactate Analyzer Market Absolute $ Opportunity
5. Global Biochemistry Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Type
5.3.1. Handheld
5.3.2. Portable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Biochemistry Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Home Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Demand Share Forecast, 2019-2026
9. North America Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Home Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Biochemistry Glucose Lactate Analyzer Market Size and Volume Forecast by Type
9.7.1. Handheld
9.7.2. Portable
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 Glucose Lactate Analyzer Demand Share Forecast, 2019-2026
10. Latin America Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Home Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Biochemistry Glucose Lactate Analyzer Market Size and Volume Forecast by Type
10.7.1. Handheld
10.7.2. Portable
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 Glucose Lactate Analyzer Demand Share Forecast, 2019-2026
11. Europe Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Home Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Biochemistry Glucose Lactate Analyzer Market Size and Volume Forecast by Type
11.7.1. Handheld
11.7.2. Portable
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 Glucose Lactate Analyzer Demand Share, 2019-2026
12. Asia Pacific Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Home Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Biochemistry Glucose Lactate Analyzer Market Size and Volume Forecast by Type
12.7.1. Handheld
12.7.2. Portable
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 Glucose Lactate Analyzer Demand Share, 2019-2026
13. Middle East & Africa Biochemistry Glucose Lactate 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 Glucose Lactate 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 Glucose Lactate Analyzer Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Home Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Biochemistry Glucose Lactate Analyzer Market Size and Volume Forecast by Type
13.7.1. Handheld
13.7.2. Portable
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 Glucose Lactate Analyzer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Biochemistry Glucose Lactate Analyzer Market: Market Share Analysis
14.2. Biochemistry Glucose Lactate Analyzer Distributors and Customers
14.3. Biochemistry Glucose Lactate Analyzer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EKF Diagnostics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Roche
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yellow Springs Instrument (YSI)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AgaMatrix
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bayer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Analox
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Analis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bionime
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
