Market Overview:
The global blood analyzers market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising demand for point-of-care testing, and technological advancements in blood analyzers. The global blood analyzers market is segmented on the basis of type into automatic blood analyzers and semi-automatic blood analyzers. The automatic segment is expected to grow at a higher CAGR than the semi-automatic segment during the forecast period from 2018 to 2030. This can be attributed to the advantages offered by automatic over semi-automatic blood analyzers such as accuracy, speed, and efficiency.
Product Definition:
A blood analyzer is a medical device used to measure various components of the blood.
Automatic Blood Analyzers:
Automatic blood analyzers are devices that help in analyzing the blood for various parameters such as sugar level, electrolyte imbalance, and other diseases. The global automatic blood analyzers market is expected to witness significant growth over the forecast period owing to factors such as increasing incidences of lifestyle-associated disorders and growing demand for point of care testing.
Semi-automatic Blood Analyzers:
Semi-automatic blood analyzers are devices that help in analyzing a small sample of blood without the need for manual intervention. The major advantage of these analyzers is that they reduce human errors and provide more reliable results.
These devices work on the principle of automation where there is an absence or reduction in manual operations such as drawing tubes, transferring samples from one container to another, and so on.
Application Insights:
Based on the application, the global blood analyzers market is segmented into hospitals, research institutes and other. Hospitals held the largest share in 2017 owing to their predominant use in diagnosing various diseases and conditions of blood such as anemia, infections or autoimmune disorders. The presence of a large number of hospitals increases demand for automated analyzers that can be used efficiently by medical professionals.
Blood samples are required to be taken from patients for a variety of diagnostic purposes including infectious disease testing, cancer screening and drug toxicity monitoring among others. These tests require different types of blood analysis depending upon the purpose; hence there is a need for semi-automatic analyzers that can analyze both sample types with ease while handling several samples at once due to its multi-point sampling feature which was not feasible with manual techniques used previously.
Regional Analysis:
North America dominated the global blood analyzers 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. The U.S., which is one of the most developed countries with well-developed healthcare infrastructure and highly skilled professionals is expected to lead North America regional market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure due to increased government spending on health sector, rising awareness about blood donation among people especially youth population, and growing medical tourism industry in this region are some major driving factors for this regional market growth. Moreover, rapidly developing economies such as China & India coupled with favorable regulatory framework are expected drive demand for technologically advanced products including automated analyzers over next eight years (2018-2030).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. As a result, there is an increased demand for blood analyzers for diagnosis and treatment purposes.
- Technological advancements: The blood analyzers market is witnessing rapid technological advancements, with new products being launched regularly in the market. This has resulted in increased efficiency and accuracy levels among blood analyzers, which has further boosted their demand worldwide.
- Growing geriatric population: The global geriatric population is growing at a fast pace and this has led to an increase in the number of patients suffering from age-related disorders such as cancer, diabetes, etc., which require regular monitoring through blood analysis tests. This is driving the growth of the blood analyzers market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Analyzers Market Research Report
By Type
Automatic Blood Analyzers, Semi-automatic Blood Analyzers
By Application
Hospitals, Research Institutes, Other
By Companies
Abbott Laboratories, Sysmex Corporation, Fisher Scientific, Beckman Coulter,Inc., Siemens Healthcare Diagnostics Inc, Bayer, Roche, Horiba Abx Sas, A.S.L, Boule Medical AB, Abbott Laboratories, Sinnowa, Hui Zhikang, Jinan Hanfang, Gelite, Sinothinker
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Blood Analyzers Market Report Segments:
The global Blood Analyzers market is segmented on the basis of:
Types
Automatic Blood Analyzers, Semi-automatic Blood 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
Hospitals, Research Institutes, Other
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 Laboratories
- Sysmex Corporation
- Fisher Scientific
- Beckman Coulter,Inc.
- Siemens Healthcare Diagnostics Inc
- Bayer
- Roche
- Horiba Abx Sas
- A.S.L
- Boule Medical AB
- Abbott Laboratories
- Sinnowa
- Hui Zhikang
- Jinan Hanfang
- Gelite
- Sinothinker
Highlights of The Blood Analyzers 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:
- Automatic Blood Analyzers
- Semi-automatic Blood Analyzers
- By Application:
- Hospitals
- Research Institutes
- Other
- 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 Blood Analyzers 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 blood analyzers is a medical device that measures the levels of certain substances in human blood. These substances can include proteins, glucose, cholesterol, and other chemicals. A blood analyzer can be used to diagnose medical conditions or to monitor treatment progress.
Some of the key players operating in the blood analyzers market are Abbott Laboratories, Sysmex Corporation, Fisher Scientific, Beckman Coulter,Inc., Siemens Healthcare Diagnostics Inc, Bayer, Roche, Horiba Abx Sas, A.S.L, Boule Medical AB, Abbott Laboratories, Sinnowa, Hui Zhikang, Jinan Hanfang, Gelite, Sinothinker.
The blood analyzers 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 Blood Analyzers 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 Blood Analyzers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blood Analyzers 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 Blood Analyzers 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 Blood Analyzers Market Size & Forecast, 2018-2028
4.5.1 Blood Analyzers Market Size and Y-o-Y Growth
4.5.2 Blood Analyzers Market Absolute $ Opportunity
Chapter 5 Global Blood Analyzers 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 Blood Analyzers Market Size Forecast by Type
5.2.1 Automatic Blood Analyzers
5.2.2 Semi-automatic Blood Analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blood Analyzers 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 Blood Analyzers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Research Institutes
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blood Analyzers 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 Blood Analyzers 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 Blood Analyzers Analysis and Forecast
9.1 Introduction
9.2 North America Blood Analyzers 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 Blood Analyzers Market Size Forecast by Type
9.6.1 Automatic Blood Analyzers
9.6.2 Semi-automatic Blood 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 Blood Analyzers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Research Institutes
9.10.3 Other
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 Blood Analyzers Analysis and Forecast
10.1 Introduction
10.2 Europe Blood Analyzers 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 Blood Analyzers Market Size Forecast by Type
10.6.1 Automatic Blood Analyzers
10.6.2 Semi-automatic Blood 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 Blood Analyzers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Research Institutes
10.10.3 Other
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 Blood Analyzers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blood Analyzers 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 Blood Analyzers Market Size Forecast by Type
11.6.1 Automatic Blood Analyzers
11.6.2 Semi-automatic Blood 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 Blood Analyzers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Research Institutes
11.10.3 Other
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 Blood Analyzers Analysis and Forecast
12.1 Introduction
12.2 Latin America Blood Analyzers 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 Blood Analyzers Market Size Forecast by Type
12.6.1 Automatic Blood Analyzers
12.6.2 Semi-automatic Blood 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 Blood Analyzers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Research Institutes
12.10.3 Other
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) Blood Analyzers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blood Analyzers 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) Blood Analyzers Market Size Forecast by Type
13.6.1 Automatic Blood Analyzers
13.6.2 Semi-automatic Blood 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) Blood Analyzers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Research Institutes
13.10.3 Other
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 Blood Analyzers Market: Competitive Dashboard
14.2 Global Blood Analyzers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott Laboratories
14.3.2 Sysmex Corporation
14.3.3 Fisher Scientific
14.3.4 Beckman Coulter,Inc.
14.3.5 Siemens Healthcare Diagnostics Inc
14.3.6 Bayer
14.3.7 Roche
14.3.8 Horiba Abx Sas
14.3.9 A.S.L
14.3.10 Boule Medical AB
14.3.11 Abbott Laboratories
14.3.12 Sinnowa
14.3.13 Hui Zhikang
14.3.14 Jinan Hanfang
14.3.15 Gelite
14.3.16 Sinothinker
