Rapid growth in diagnostic market, increasing health care
spending and increasing incidence rates of lifestyle disease such as obesity
and diabetes are the major driving factors for clinical chemistry analyzer
market. In addition, increasing geriatric population, growing awareness for
preventive healthcare and rising demand for laboratory automation are some
drivers expected to boost the growth of clinical chemistry analyzer market.
Clinical chemistry analyzers are most widely used equipments in clinical laboratories
for the identification of chronic and fetal disorders.
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The clinical
chemistry analyzer market is segmented on the basis of test type, products and
regions. The product segments is further sub segmented into reagents, analyzers
and other products. On the basis of test type the market is segmented into
small (400-800 test/H), medium (800-1200 test/H), large (1,200-2,000 Tests/H),
and very large (2000 test/H). The reagents segment is divded into controls,
calibrators, standards and other reagents. On the basis of test, the market is
segmented into metabolic panel, lipid profile, electrolyte panel, specialty
chemical tests, thyroid function panel and renal profile or kidney function
panel. Basic metabolic panel test segment is the largest test segment of the
clinical chemistry analyzer market owing to the increasing demand for
preventive medicines and lifestyle induced disorders. Lipid profile test market
is expected to show the fastest growth during the forecast period due to
increasing prevalence of cardiovascular disorders. The end-use segment includes
diagnostic laboratories, research institutes, hospitals and other end users.
Globally, the market
is segmented into North America, Europe, Asia Pacific and RoW. North America
held the largest market revenue share in the global clinical chemistry analyzer
market. Presence of advanced technology, well developed healthcare
infrastructure and extensive regulatory framework are the factors attributing
for its highest revenue share. On the other hand, the Asia pacific market
segment is expected to show the growth at a fast pace on account of increasing
demand for automation, rising economic conditions and growing patient awareness
for preventive care in this region.
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