The clinical chemistry analyzers market can be segmented in to devices and reagents and consumables. The chemistry analyzers devices can either be fully automatic or semi-automatic devices. The major types of analyzers considered in this report are devices which include semi-automated and automated, further divided into entry level, medium throughput analyzers, high throughput analyzers, and high throughput modular analyzers along with reagents which include metabolites, enzymes, Electrolytes and others which include proteins, lipoprotein, other reagents and consumables. By test type clinical chemistry market is segmented such as, basic metabolic panel, electrolyte panel, liver panel, lipid profile, renal profile, thyroid function panel and specialty chemicals.
The clinical chemistry analyzers are mainly used in hospitals, commercial laboratories, academic institutions, and are used by blood banks, cancer research centers among others. The global clinical chemistry analyzers market is studied for Americas, Europe, Asia-Pacific, and RoW that includes the Middle East & Africa and the remaining countries. The global market is driven by factors such as increasing healthcare expenditure, ageing population in North America and Europe, growing trend of automation of laboratories to lower the cost and time of tests. However the major restraints of the market lengthy, stringent and time consuming procedure of approval of devices and high initial implementation cost of the devices.
The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the chemical industry, as well as large companies and governments, to restock supply chains. The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
The report includes in depth analysis of market drivers, restraints, market trends and competitive landscape across various geographies. In the competitive landscape section includes all market deals of last 3 years of clinical chemistry analyzers market. It includes new product launches, mergers and acquisitions, joint ventures, agreements etc. The market size is estimated and forecasted by utilizing fundamental inputs gathered from comprehensive data extraction of both free and paid sources which are further validated by primary interviews and various macro-economic factors which affects the market. Market data extraction was not limited to clinical chemistry analyzer devices market but also extracted for all related markets which affects or influences the clinical chemistry analyzer devices market to see relative growth. Free sources were used for data extraction like association, standardization institutions and key company websites, annual reports, journals etc. Paid sources such as Factiva, Bloomberg, One Source etc. were also used.
The key companies that lead the clinical chemistry analyzers market are Abbott Laboratories, Becker Coulter (Acquired by Danaher Corporation), Johnson & Johnson, Ortho-Clinical Diagnostics, Inc., F. Hoffmann-La Roche, Siemens AG, Thermo Fisher Scientific Inc., Horiba Ltd, Elitech Group, Randox Laboratories Ltd and Mindray Medical International Limited.
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