Market Overview:
The global biochemistry analysers 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 biochemistry analysers from hospital and diagnostic laboratories, home care, academic and research institutes, and other end-users. The global biochemistry analysers market is segmented on the basis of type into fully automated biochemistry analyser and semi automated biochemistry analyser. On the basis of application, the global market is segmented into hospital and diagnostic laboratories, home care, academic and research institutes, food industry, environmental testing industry (water quality), pharmaceuticals industry (drug discovery), nutraceuticals industry (quality control) among others.
Product Definition:
A biochemistry analyser is a device used to measure the concentration of various molecules in a sample of biologic tissue or fluid. These devices can be used for diagnostic purposes, to help researchers study the function of biomolecules, or to monitor the progress of therapies.
Fully Automated Biochemistry Analyser:
FAB Analyser is fully automated biochemical analyzer used for the detection of biomolecules such as nucleic acids, proteins and lipids. It provides results in few minutes which other conventional methods take hours to deliver. FAB can also be used for research purposes to study new biological molecules or compounds with higher accuracy and precision.
Semi Automated Biochemistry Analyser:
Semi-automated biochemistry (SAB) is a technique used for the analysis of biological samples. It combines manual and automated steps in a semi-automatic system. SAB is an ideal choice when there are not enough experienced personnel to operate fully automatic instruments or if the sample size is too small for full automation, but large enough to justify the use of instrumentation with high precision.
The global Semi Automated Biochemistry Analyser.
Application Insights:
The hospital and diagnostic laboratories segment dominated the global biochemistry analysers market in 2017. This is attributed to factors such as rising prevalence of chronic diseases, increasing demand for rapid and accurate diagnosis, growing government initiatives towards improving healthcare infrastructure at the regional level, and an increase in spending on diagnostics by private players. For instance, according to a study published by Global Wellness Institute (GWI), around USD 17 billion was spent on diagnostics globally in 2016.
Academic and research institutes are expected to register the fastest CAGR of XX% over the forecast period owing to increased R&D activities related to biomarker discovery & development along with an increase in funding for these purposes across various governments worldwide. Furthermore, technological advancements coupled with bioinformatics tools are expected fuel growth during this period as well as help reduce costs associated with biomarker discovery & development which would subsequently drive growth further down the road.
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 healthcare expenditure in this region. Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising awareness about available tests among patients. Moreover, an increase in government initiatives for promoting biotechnology & biopharmaceuticals research will also boost regional growth during the forecast period. The growing medical tourism industry will also contribute towards higher demand for these devices due to affordability factor associated with it compared to developed regions like North America and Europe.
The Asia Pacific is home to some of largest pharmaceutical companies including Novartis AG; GlaxoSmithKline plc.; AstraZeneca; Pfizer Inc.; Merck Group; Sanofi SA; Abbott Laboratories Inc.; Novo Nordisk A/S; Allergan PLC., etc.
Growth Factors:
- Increasing demand for biochemistry analysers in the research and development sector to support drug discovery and development programmes.
- Growing demand for point-of-care diagnostics due to the increasing incidence of lifestyle diseases such as diabetes and obesity.
- Increasing use of biochemistry analysers in clinical laboratories to support diagnosis and treatment of diseases.
- Technological advancements that have led to the introduction of novel biochemistry analysers with enhanced performance characteristics.
- Expansion of global distribution networks by leading players in the market, which is helping to increase access to these products globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Biochemistry Analysers Market Research Report
By Type
Fully Automated Biochemistry Analyser, Semi Automated Biochemistry Analyser
By Application
Hospital and Diagnostic Laboratories, Home Care, Academic and Research Institutes
By Companies
Thermo Fisher Scientific, Abbott, HORIBA, Siemens Healthcare, Xylem Analytics, Agappe Diagnostics, RMS, MicroLab Instruments, Labindia Instruments, Thermo Fisher Scientific
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Biochemistry Analysers Market Report Segments:
The global Biochemistry Analysers market is segmented on the basis of:
Types
Fully Automated Biochemistry Analyser, Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories, Home Care, Academic and Research Institutes
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:
- Thermo Fisher Scientific
- Abbott
- HORIBA
- Siemens Healthcare
- Xylem Analytics
- Agappe Diagnostics
- RMS
- MicroLab Instruments
- Labindia Instruments
- Thermo Fisher Scientific
Highlights of The Biochemistry Analysers 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:
- Fully Automated Biochemistry Analyser
- Semi Automated Biochemistry Analyser
- By Application:
- Hospital and Diagnostic Laboratories
- Home Care
- Academic and Research Institutes
- 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 Analysers 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?
Biochemistry analysers are machines that help scientists analyse biochemical samples. They can be used to identify the chemicals present in a sample, and to determine how these chemicals are related to each other.
Some of the key players operating in the biochemistry analysers market are Thermo Fisher Scientific, Abbott, HORIBA, Siemens Healthcare, Xylem Analytics, Agappe Diagnostics, RMS, MicroLab Instruments, Labindia Instruments, Thermo Fisher Scientific.
The biochemistry analysers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biochemistry Analysers 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 Biochemistry Analysers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Biochemistry Analysers 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 Biochemistry Analysers 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 Biochemistry Analysers Market Size & Forecast, 2020-2028 4.5.1 Biochemistry Analysers Market Size and Y-o-Y Growth 4.5.2 Biochemistry Analysers 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 Fully Automated Biochemistry Analyser
5.2.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
6.2.2 Home Care
6.2.3 Academic and Research Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biochemistry Analysers 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 Biochemistry Analysers 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 Fully Automated Biochemistry Analyser
9.6.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
9.10.2 Home Care
9.10.3 Academic and Research Institutes
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 Fully Automated Biochemistry Analyser
10.6.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
10.10.2 Home Care
10.10.3 Academic and Research Institutes
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 Fully Automated Biochemistry Analyser
11.6.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
11.10.2 Home Care
11.10.3 Academic and Research Institutes
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 Fully Automated Biochemistry Analyser
12.6.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
12.10.2 Home Care
12.10.3 Academic and Research Institutes
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 Fully Automated Biochemistry Analyser
13.6.2 Semi Automated Biochemistry Analyser
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 and Diagnostic Laboratories
13.10.2 Home Care
13.10.3 Academic and Research Institutes
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 Biochemistry Analysers Market: Competitive Dashboard
14.2 Global Biochemistry Analysers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Abbott
14.3.3 HORIBA
14.3.4 Siemens Healthcare
14.3.5 Xylem Analytics
14.3.6 Agappe Diagnostics
14.3.7 RMS
14.3.8 MicroLab Instruments
14.3.9 Labindia Instruments
14.3.10 Thermo Fisher Scientific