Biochemistry Analyzers Market to Touch US$ 3621.5 Million by 2027 – COVID-19 Impact and Global Analysis by The Market Reports

The global Biochemistry Analyzers market was valued at US$ 2843.2 million in 2020 and is expected to reach US$ 3621.5 million by the end of 2027, growing at a CAGR of 3.1% during 2021-2027.

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. 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. 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.

Conventional biochemistry analyzers that are used for repetitive analysis require large amount of reagents and time. However, the technologically advanced analyzers are capable of automating the process of repetitive sample analysis that were earlier done by lab technicians. Industry players are developing biochemistry analyzers with feature of positive identification that decreases the process of repeated pathogen testing. This feature is important for samples with low volume such as neonatal units. Fully automated biochemistry analyzers can perform functions such as recognition of sample and reagent bottles, cap piercing, tube sampling, dilution, and automatic re-run, which reduces human effort and time, and require lesser volumes of reagent and sample. These analyzers aid scientists in measuring the concentration of any substance in a reaction mixture. Therefore, the implementation of IT and automation in these analyzers is expected to drive the global biochemistry analyzers market growth. Furthermore, integrated systems that combine immunochemistry and biochemistry tests are gaining huge attention. It increases the workflow efficiency and deliver fast turnaround and high throughput. It also helps in achieving increased instrument capacity by connecting different analyzer units with a single sample presentation mechanism. These systems are offered by manufacturers such as Roche, Siemens, Abbott, and Beckman Coulter.

Global Biochemistry Analyzers Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Biochemistry Analyzers Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Abbott, Danaher, Roche Diagnostics, Siemens and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

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Segment by Type

  • Semi-Automatic
  • Fully Automatic

Segment by Application

  • Hospital and Diagnostic Laboratories
  • Home Care, and Academic
  • Research Institutes

Table of Content:

1 Biochemistry Analyzers Market Overview

2 Biochemistry Analyzers Market Competition by Manufacturers

3 Biochemistry Analyzers Retrospective Market Scenario by Region

4 Global Biochemistry Analyzers Historic Market Analysis by Type

5 Global Biochemistry Analyzers Historic Market Analysis by Application

6 Key Companies Profiled

7 Biochemistry Analyzers Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Biochemistry Analyzers Market Dynamics

10 Global Biochemistry Analyzers Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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