By CISION (Tue, September 28, 2021)
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Clinical Chemistry Analyzers – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 16; Released: April 2021
Executive Pool: 5493
Companies: 22 – Players covered include Abbott Diagnostics, Inc. – Core Laboratory; Danaher Corporation; ELITech Group; F. Hoffmann-La Roche AG; Horiba Ltd.; Johnson & Johnson; Randox Laboratories Ltd.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; Siemens AG; Thermo Fisher Scientific, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Product (Analyzers, Reagents, and Other Products); Test (Basic Metabolic Panel, Electrolyte Panel, Liver Panel, and Other Tests); End-Use (Hospitals, Academic Research Centers, Diagnostic Laboratories, and Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Clinical Chemistry Analyzers Market to Reach $14.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Clinical Chemistry Analyzers estimated at US$11.2 Billion in the year 2020, is projected to reach a revised size of US$14.1 Billion by 2026, growing at a CAGR of 3.9% over the analysis period. Analyzers, one of the segments analyzed in the report, is projected to record a 3.9% CAGR and reach US$3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reagents segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.1 Billion in 2021, While China is Forecast to Reach $2.9 Billion by 2026
The Clinical Chemistry Analyzers market in the U.S. is estimated at US$3.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2026 trailing a CAGR of 6.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. More
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