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Biochemistry Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030

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    Report

  • 220 Pages
  • July 2023
  • Region: Global
  • Fairfield Market Research
  • ID: 5851766
The global biochemistry analyzers market has been experiencing robust growth, with increasing adoption in hospitals, clinics, and laboratories, owing to their ability to provide quick and accurate results. These analyzers play a critical role in disease diagnosis by assessing blood and urine samples for toxins that could indicate illnesses, leading to faster and more efficient treatment. The demand for biochemistry analyzers is expected to witness rapid growth as the prevalence of chronic diseases, such as diabetes, high blood pressure, and renal diseases, continues to rise, necessitating a higher number of tests being performed on patients.

Advancements in Diagnosis and Treatment with Biochemistry Analyzers

Biochemistry analyzers have revolutionized disease diagnosis in clinical laboratories, enabling the assessment of chemical components in blood, urine, and other body fluids. They provide vital information about levels of electrolytes, enzymes, metabolites, and nutrients associated with various medical conditions. Healthcare professionals use these analyzers to monitor patients undergoing dialysis for chronic renal failure, accurately measuring electrolyte levels such as sodium, potassium chloride, and bicarbonate ions. The electronic readouts generated by these analyzers help adjust dietary intake and prescribe medications based on abnormal ion levels.
The versatility of biochemistry analyzers extends to detecting medical conditions such as urea cycle disorders and congenital adrenal hyperplasia. In these cases, tandem mass spectrometry is employed alongside biochemistry analyzers to analyze proteins associated with these disorders, providing precise diagnostic information. Furthermore, biochemistry analyzers play a crucial role in medical research projects, including studies related to hepatitis C virus infection, phenylketonuria, maple syrup urine disease, homocystinuria, and hyperlysinem. These analyzers aid in detecting genetic disorders and other conditions that result from enzyme deficiencies.

Growing Demand for Affordable and Feature-rich Analyzers

The global biochemistry analyzers market offers a wide range of machines with varying features and prices. The demand for these analyzers largely depends on the available features, as different models measure specific parameters and provide varying test results times. Some biochemistry analyzers can perform up to 120 different tests using 20-30 different reagents, delivering comprehensive diagnostic information in seconds. Additional features, such as sample tracking, data storage, and wireless printing, further enhance the testing process, making it more efficient for healthcare professionals and patients alike.

As the biochemistry analyzers market evolves, newer and more advanced technologies are becoming more affordable and user-friendly. This trend is driving an increasing number of individuals to seek treatment at hospitals rather than local clinics or doctor's offices. With chronic conditions on the rise and technological advancements making biochemistry analyzers more accessible, the demand for these devices is soaring.

Key Players in the Global Biochemistry Analyzers Market

Several prominent players are actively participating in the global biochemistry analyzers market, driving innovation and competition. Key market players include Roche Diagnostics GmbH, Siemens AG, Beckman Coulter Inc., Abbott Diagnostics Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Hologic, Inc., Randox Laboratories Ltd., Awareness Technology, Inc., Transasia Biomedicals Ltd, and Nova Biomedical Corp.

Table of Contents

1. Executive Summary
1.1. Global Biochemistry Analyzers Market Outlook, 2018 - 2030 (US$ Million)
1.2. Global Biochemistry Analyzers Market Incremental Opportunity, 2018 - 2030 (US$ Million)
1.3. Key Industry Trends
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver 1
2.2.1.2. Driver 2
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porters Five Forces Analysis
2.5. Regulatory Guidelines & Reimbursement Scenario
2.6. Covid-19 Impact Analysis
3. Pricing Analysis, 2023
3.1. Average Selling Price, by Key Regions
4. Global Biochemistry Analyzers Market Outlook, 2018 - 2030
4.1. Global Biochemistry Analyzers Market Outlook, by Operation Method, Value (US$ Mn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Fully Automatic
4.1.1.2. Semi-Automatic
4.1.2. BPS Analysis/Market Attractiveness Analysis
5. Global Biochemistry Analyzers Market Outlook, 2018 - 2030
5.1. Global Biochemistry Analyzers Market Outlook, by Modality, Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Portable bench top
5.1.1.2. Floor standing
5.1.2. BPS Analysis/Market Attractiveness Analysis
6. Global Biochemistry Analyzers Market Outlook, 2018 - 2030
6.1. Global Biochemistry Analyzers Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Disease Diagnosis
6.1.1.2. Drugs of Abuse testing
6.1.1.3. Drug Discovery
6.1.1.4. In vitro Diagnosis
6.1.1.5. Others
6.1.2. BPS Analysis/Market Attractiveness Analysis
6.2. Global Biochemistry Analyzers Market Outlook, by End User, Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Pharmaceutical & Biotech Companies
6.2.1.2. Hospitals & Clinics
6.2.1.3. Diagnostic Laboratories
6.2.1.4. Point-of-care Centers
6.2.1.5. Others
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Global Biochemistry Analyzers Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. North America
6.3.1.2. Europe
6.3.1.3. Asia Pacific
6.3.1.4. Rest of the World
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. North America Biochemistry Analyzers Market Outlook, 2018 - 2030
7.1. North America Biochemistry Analyzers Market Outlook, by Operation Method, Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Fully Automatic
7.1.1.2. Semi-Automatic
7.1.2. BPS Analysis/Market Attractiveness Analysis
8. North America Biochemistry Analyzers Market Outlook, 2018 - 2030
8.1. North America Biochemistry Analyzers Market Outlook, by Modality, Value (US$ Mn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Portable bench top
8.1.1.2. Floor standing
8.1.2. BPS Analysis/Market Attractiveness Analysis
8.2. North America Biochemistry Analyzers Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Disease Diagnosis
8.2.1.2. Drugs of Abuse testing
8.2.1.3. Drug Discovery
8.2.1.4. In vitro Diagnosis
8.2.1.5. Others
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. North America Biochemistry Analyzers Market Outlook, by End User, Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. Pharmaceutical & Biotech Companies
8.3.1.2. Hospitals & Clinics
8.3.1.3. Diagnostic Laboratories
8.3.1.4. Point-of-care Centers
8.3.1.5. Others
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. North America Biochemistry Analyzers Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. U.S.
8.4.1.2. Canada
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Europe Biochemistry Analyzers Market Outlook, 2018 - 2030
9.1. Europe Biochemistry Analyzers Market Outlook, by Operation Method, Value (US$ Mn), 2018 - 2030
9.1.1. Key Highlights
9.1.1.1. Fully Automatic
9.1.1.2. Semi-Automatic
9.1.2. BPS Analysis/Market Attractiveness Analysis
9.2. Europe Biochemistry Analyzers Market Outlook, by Modality, Value (US$ Mn), 2018 - 2030
9.2.1. Key Highlights
9.2.1.1. Portable bench top
9.2.1.2. Floor standing
9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Europe Biochemistry Analyzers Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
9.3.1. Key Highlights
9.3.1.1. Disease Diagnosis
9.3.1.2. Drugs of Abuse testing
9.3.1.3. Drug Discovery
9.3.1.4. In vitro Diagnosis
9.3.1.5. Others
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Europe Biochemistry Analyzers Market Outlook, by End User, Value (US$ Mn), 2018 - 2030
9.4.1. Key Highlights
9.4.1.1. Pharmaceutical & Biotech Companies
9.4.1.2. Hospitals & Clinics
9.4.1.3. Diagnostic Laboratories
9.4.1.4. Point-of-care Centers
9.4.1.5. Others
9.4.2. BPS Analysis/Market Attractiveness Analysis
9.5. Europe Biochemistry Analyzers Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
9.5.1. Key Highlights
9.5.1.1. Germany
9.5.1.2. France
9.5.1.3. U.K.
9.5.1.4. Italy
9.5.1.5. Spain
9.5.1.6. Rest of Europe
9.5.2. BPS Analysis/Market Attractiveness Analysis
10. Asia Pacific Biochemistry Analyzers Market Outlook, 2018 - 2030
10.1. Asia Pacific Biochemistry Analyzers Market Outlook, by Operation Method, Value (US$ Mn), 2018 - 2030
10.1.1. Key Highlights
10.1.1.1. Fully Automatic
10.1.1.2. Semi-Automatic
10.1.2. BPS Analysis/Market Attractiveness Analysis
10.2. Asia Pacific Biochemistry Analyzers Market Outlook, by Modality, Value (US$ Mn), 2018 - 2030
10.2.1. Key Highlights
10.2.1.1. Portable bench top
10.2.1.2. Floor standing
10.2.2. BPS Analysis/Market Attractiveness Analysis
10.3. Asia Pacific Biochemistry Analyzers Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
10.3.1. Key Highlights
10.3.1.1. Disease Diagnosis
10.3.1.2. Drugs of Abuse testing
10.3.1.3. Drug Discovery
10.3.1.4. In vitro Diagnosis
10.3.1.5. Others
10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Asia Pacific Biochemistry Analyzers Market Outlook, by End User, Value (US$ Mn), 2018 - 2030
10.4.1. Key Highlights
10.4.1.1. Pharmaceutical & Biotech Companies
10.4.1.2. Hospitals & Clinics
10.4.1.3. Diagnostic Laboratories
10.4.1.4. Point-of-care Centers
10.4.1.5. Others
10.4.2. BPS Analysis/Market Attractiveness Analysis
10.5. Asia Pacific Biochemistry Analyzers Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
10.5.1. Key Highlights
10.5.1.1. China
10.5.1.2. Japan
10.5.1.3. India
10.5.1.4. South Korea
10.5.1.5. Australia & New Zealand
10.5.1.6. Rest of Asia Pacific
10.5.2. BPS Analysis/Market Attractiveness Analysis
11. Rest of the World Biochemistry Analyzers Market Outlook, 2018 - 2030
11.1. Rest of the World Biochemistry Analyzers Market Outlook, by Operation Method, Value (US$ Mn), 2018 - 2030
11.1.1. Key Highlights
11.1.1.1. Fully Automatic
11.1.1.2. Semi-Automatic
11.1.2. BPS Analysis/Market Attractiveness Analysis
11.2. Rest of the World Biochemistry Analyzers Market Outlook, by Modality, Value (US$ Mn), 2018 - 2030
11.2.1. Key Highlights
11.2.1.1. Portable bench top
11.2.1.2. Floor standing
11.2.2. BPS Analysis/Market Attractiveness Analysis
11.3. Rest of the World Biochemistry Analyzers Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
11.3.1. Key Highlights
11.3.1.1. Disease Diagnosis
11.3.1.2. Drugs of Abuse testing
11.3.1.3. Drug Discovery
11.3.1.4. In vitro Diagnosis
11.3.1.5. Others
11.3.2. BPS Analysis/Market Attractiveness Analysis
11.4. Rest of the World Biochemistry Analyzers Market Outlook, by End User, Value (US$ Mn), 2018 - 2030
11.4.1. Key Highlights
11.4.1.1. Pharmaceutical & Biotech Companies
11.4.1.2. Hospitals & Clinics
11.4.1.3. Diagnostic Laboratories
11.4.1.4. Point-of-care Centers
11.4.1.5. Others
11.4.2. BPS Analysis/Market Attractiveness Analysis
11.5. Rest of the World Biochemistry Analyzers Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
11.5.1. Key Highlights
11.5.1.1. Latin America
11.5.1.2. Middle East & Africa
11.5.2. BPS Analysis/Market Attractiveness Analysis
12. Competitive Landscape
12.1. Company Market Share Analysis
12.2. Company Profiles
12.2.1. Abbott Laboratories
12.2.1.1. Company Overview
12.2.1.2. Financial Overview
12.2.1.3. Operation Method Portfolio
12.2.1.4. Recent Developments
12.2.2. Shenzen Mindray Bio-Medical Electronics Co.
12.2.3. Thermo Fischer Scientific
12.2.4. Bio-Rad Laboratories
12.2.5. Siemens Healthineers
12.2.6. Randox Laboratories Ltd
12.2.7. Beckman Coulter
12.2.8. Horiba, Ltd.
12.2.9. Bioevopeak, Co., Ltd.
12.2.10. Others
13. Appendix
13.1. Research Methodology
13.2. Report Assumptions
13.3. Acronyms and Abbreviations

Companies Mentioned

  • Abbott Laboratories
  • Shenzen Mindray Bio-Medical Electronics Co.
  • Thermo Fischer Scientific
  • Bio-Rad Laboratories
  • Siemens Healthineers
  • Randox Laboratories Ltd
  • Beckman Coulter
  • Horiba, Ltd.
  • Bioevopeak, Co., Ltd.

Methodology

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