Biochemistry Analyzers Market

Biochemistry analyzer is used in laboratories to measure chemicals in biological samples. It focuses on analytes such as drugs of abuse, specific proteins, electrolytes, and enzyme, and metabolite tests for liver, cardiac, and renal function. A biochemical analyzer is made of an optical engine that comprises detectors, light sources, and other optical elements, sample movement, automation control and processing, environmental monitoring, power management, and control for humidity, pressure, and temperature. Highly automated biochemical analyzers, which include automated sample loading, mechanical control, data processing, and tube cleaning have greater efficiency. A fully automatic analyzer, which is a high-performance biochemistry analyzer, is used to measure various blood biochemical parameters such as urea, glucose, and bilirubin that are associated with various disorders such as kidney diseases, diabetes, liver failures, and other metabolic imbalances. Some analyzers are also used to detect DNA molecules in the samples.

Market Dynamics

Increasing prevalence of chronic diseases such as cardiovascular diseases is expected to offer lucrative growth opportunities for market key players in the biochemistry analyzers market. For instance, in August 2022, according to the American College of Cardiology, the prevalence of cardiovascular diseases and risk factors is expected to increase by the year 2060 in the U.S. Projected rates were analyzed for the cardiovascular risk factors of diabetes, hypertension, dyslipidemia, and obesity, as well as for ischemic heart disease, heart failure, myocardial infarction, and stroke.

Moreover, major players in the biochemistry analyzers market may focus on expanding their presence in emerging economies that still adopt conventional methods of blood analysis.

Key features of the study:

• This report provides an in-depth analysis of the global biochemistry analyzers market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

• It profiles key players in the global biochemistry analyzers market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study 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.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global biochemistry analyzers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biochemistry analyzers market

Detailed Segmentation:

• Global Biochemistry Analyzers Market, By Product Type:
  • Semi Automatic biochemistry analyzers
  • Fully Automatic biochemistry analyzers
• Global Biochemistry Analyzers Market, By Modality:
  • Bench Top
  • Floor Standing
• Global Biochemistry Analyzers Market, By End User:
  • Hospitals
  • Diagnostic Centers
  • Pharmaceutical and Biotechnology Companies
  • Academic Research Institutes
  • Contract Research Organizations
• Global Biochemistry Analyzers Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country:
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country/Region:
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Roche Diagnostics GmbH *
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • 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

 “*” marked represents similar segmentation in other categories in the respective section.