Market Overview:
The global biochemical analyzer market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automated biochemical analyzers and rising prevalence of chronic diseases. Based on type, the global biochemical analyzer market is segmented into semi-automatic biochemical analyzers and automatic biochemical analyzers. The automatic segment is expected to grow at a higher CAGR than the semi-automatic segment during the forecast period. This can be attributed to the advantages offered by automatic analytical systems such as high throughput, accuracy, and precision. Based on application, hospitals are expected to account for the largest share of the global biomedical analyzer market in 2018 followed by clinics and others (research institutes & laboratories).
Product Definition:
A biochemical analyzer is a medical device used to measure various chemicals in the blood. These measurements can be used to help diagnose and monitor diseases. The importance of biochemical analyzers is that they allow doctors to obtain accurate information about a patient's health in a relatively short period of time.
Semi-automatic biochemical analyzers:
Semi-automatic biochemical analyzers are instruments that help in analyzing a wide range of biological fluids such as serum, plasma, urine and tissue samples. These devices are used for the quantitative determination of specific chemical components in these fluids. The major application areas include clinical laboratories, food & beverage processing industries and environmental agencies.
The global semi-automatic biochemical analyzers market size was valued at USD 683.1 million in 2016.
Automatic biochemical analyzers:
An automatic biochemical analyzer is a device used to measure the concentration of biochemical molecules such as proteins, enzymes, and other chemicals in biological samples. The most common applications of these devices are in clinical laboratories for testing blood and urine samples for the presence of drugs or toxins. These devices are also used by researchers working in pharmaceutical companies to test drug formulations against various types of biologic matrices such as plasma, serum, and urine.
Application Insights:
The others application segment includes research institutes, industrial and healthcare laboratories. The hospital application segment held the largest share of over 60.0% in 2017 in terms of revenue as well as volume. This is due to rising prevalence of chronic diseases such as cancer, diabetes and cardiovascular diseases which require a high number of tests per day for analyzing the blood or tissue samples for detecting any abnormalities or changes associated with these diseases at an early stage. Thus, demand for semi-automatic analyzers is increasing at hospitals across the world where large volumes are required to be analyzed within a short period of time resulting in higher market penetration.
The clinics application segment is expected to grow significantly over the forecast period owing to growing awareness about preventive healthcare along with increasing government initiatives on providing affordable healthcare services leading to increased adoption rate among small scale clinics.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate for advanced technologies, and increasing demand for better healthcare services. The U.S.
Asia Pacific is expected to grow at a lucrative CAGR over the forecast period owing to factors such as improving economic conditions leading to an increase in disposable income resulting into higher awareness levels regarding early diagnosis thereby boosting demand across various applications including research centers & universities and hospital laboratories.
Growth Factors:
- Increasing demand for rapid and accurate diagnosis of diseases
- Growing prevalence of chronic diseases
- Technological advancements in biochemical analyzers
- Rising demand for personalized medicine
- Increasing number of clinical laboratories and hospitals
Scope Of The Report
Report Attributes
Report Details
Report Title
Biochemical Analyzer Market Research Report
By Type
Semi-automatic biochemical analyzers, Automatic biochemical analyzers
By Application
Hospital, Clinics, Others
By Companies
Roche, Danaher, Simens Healthineers, Corelaboratory, Hitachi, Horiba Medical, Mindary, Thermofisher, Kehua Bio, Senlo, Sunostik, ELITech, Sysmex, Tekang Tech, Urit, Randox Laboratories, Dirui, Rayto
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Biochemical Analyzer Market Report Segments:
The global Biochemical Analyzer market is segmented on the basis of:
Types
Semi-automatic biochemical analyzers, Automatic biochemical 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
Hospital, Clinics, 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:
- Roche
- Danaher
- Simens Healthineers
- Corelaboratory
- Hitachi
- Horiba Medical
- Mindary
- Thermofisher
- Kehua Bio
- Senlo
- Sunostik
- ELITech
- Sysmex
- Tekang Tech
- Urit
- Randox Laboratories
- Dirui
- Rayto
Highlights of The Biochemical 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
- Automatic biochemical analyzers
- By Application:
- Hospital
- Clinics
- 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 Biochemical 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.
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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 biochemical analyzer is a laboratory instrument that measures the levels of specific chemicals in a sample.
Some of the major companies in the biochemical analyzer market are Roche, Danaher, Simens Healthineers, Corelaboratory, Hitachi, Horiba Medical, Mindary, Thermofisher, Kehua Bio, Senlo, Sunostik, ELITech, Sysmex, Tekang Tech, Urit, Randox Laboratories, Dirui, Rayto.
The biochemical analyzer market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biochemical Analyzer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biochemical Analyzer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biochemical Analyzer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biochemical Analyzer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biochemical Analyzer Market Size & Forecast, 2020-2028
4.5.1 Biochemical Analyzer Market Size and Y-o-Y Growth
4.5.2 Biochemical Analyzer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Semi-automatic biochemical analyzers
5.2.2 Automatic biochemical analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biochemical Analyzer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biochemical Analyzer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Semi-automatic biochemical analyzers
9.6.2 Automatic biochemical analyzers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Semi-automatic biochemical analyzers
10.6.2 Automatic biochemical analyzers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Semi-automatic biochemical analyzers
11.6.2 Automatic biochemical analyzers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Semi-automatic biochemical analyzers
12.6.2 Automatic biochemical analyzers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Semi-automatic biochemical analyzers
13.6.2 Automatic biochemical analyzers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biochemical Analyzer Market: Competitive Dashboard
14.2 Global Biochemical Analyzer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Roche
14.3.2 Danaher
14.3.3 Simens Healthineers
14.3.4 Corelaboratory
14.3.5 Hitachi
14.3.6 Horiba Medical
14.3.7 Mindary
14.3.8 Thermofisher
14.3.9 Kehua Bio
14.3.10 Senlo
14.3.11 Sunostik
14.3.12 ELITech
14.3.13 Sysmex
14.3.14 Tekang Tech
14.3.15 Urit
14.3.16 Randox Laboratories
14.3.17 Dirui
14.3.18 Rayto
