Healthcare Analytical Instrumentation and Systems Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Analytical instruments and systems are devices that are used to for product analysis across various industries. There are different types of analytical instruments such as chromatography, electrophoresis, PCR, flow cytometers, and many others used across different industries. Application in chemical and healthcare research is extensive of these analytical instruments. These devices aid in substance separation, identification, and evaluation with different techniques. With increasing research and development across the globe, demand for analytical instruments is growing rapidly. Moreover, with increasing sample size and data generation through these samples, managing information has become crucial. Laboratories generate tons of information annually which need to be documented for further processes. Therefore, there are information systems developed that aids in managing the process and outcomes of the analytical tests.

Market Taxonomy

The global healthcare analytical instrumentation and systems market is characterized by a range of analytical devices and systems. Therefore, based on different parameters, the global healthcare analytical instrumentation and systems market is analyzed in following segment:

Based on the type of analytical instruments:

  • Chromatography
  • Spectrophotometer
  • Electrophoresis
  • PCR
  • Flow cytometers
  • Microscopy
  • Microarray
  • Membrane separation/Filtration
  • X-ray Crystallography
  • Protein Fractionation
  • Analyzers
  • Others

Based on the technology:

  • High-throughput
  • Medium throughput
  • Low Throughput

Based on the end-user:

  • Research Laboratories
  • Diagnostic Laboratories
  • Academic Institutes

Increase in Contract Research Activities to Fuel Growth in the Developing Economies

With rapid adoption of new technologies owing to easy availability of funds, demand for advance analytical instruments and systems is high in the developed economies such as the U.S., U.K., France, Spain, Italy, Canada, Japan, and Australia. However, other regions such as Middle East, Latin America and South East Asia are expected to be the prospective markets in the near future. Major pharmaceutical companies are outsourcing their drug research and development services (CRO) to various countries such as China, Singapore, Malaysia and India, which is propelling the growth of the analytical instrumentation and systems market. This results in high adoption rate of precise analytical instruments in these countries. Moreover, highly developing biotechnology industry, is also contributing to the demand analytical instruments and systems.

Stringent Regulatory Standard for Healthcare Products to Drive the Development of Advance and Precise Technologies

The global healthcare analytical instrumentation and systems market is witnessing a commendable growth due to the rising demand for process automation technologies and continuing product innovations. Furthermore, stringent regulatory and testing standards are expected to boost the growth of advance analytical instrumentation and systems in the near future. Additionally, increasing usage of analytical instruments in biotechnology is further driving the growth of this market.

The global healthcare analytical instrumentation and systems market is highly fragmented due to the participation of many global as well as regional players in this market. The market is expected to witness a high growth rate due to the growing demand for finer process analyses and stringent regulatory policies. Some of the key players involved in the analytical instrumentation and systems market are ABB Ltd., Analytical Systems International / Keco, Electro-Chemical Devices, Inc., Emerson Electric Co., Honeywell Process Solutions (HPS), Mettler-Toledo International Inc., Thermo Fisher Scientific, Inc. and Yokogawa Electric Corporation.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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