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Automated Analyzers Market Share 2021 Global Trend, Segmentation, Business Top Key Players Analysis Industry, Opportunities and Forecast to 2023
Posted on May 5 2021 9:01 AM
"Automated Analyzers Market Research Report Size, Trends and Forecast provides an in-depth analysis of the Automated Analyzers Market including detailed description of market sizing and growth, value, the key opportunities in the Automated Analyzers Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period 2021-2023.
Global Automated Analyzers Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds impact on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.Automated Analyzers Market Research Report is highly research-intensive, powered by high R & D investment, and it possesses a strong product analysis to maintain growth and ensure long-term revenue generation.
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Automated Analyzers Market report offers a comprehensive view regarding the competitive landscape of the Automated Analyzers market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R & D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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The global automated analyzers market is expected to witness a CAGR of 12.37% during the forecast period (2018 - 2023). The emergence of robotics has transformed the typical workday for scientists around the world. With the advent of automation techniques, scientists are now able to set up, run, and analyze the results of experiments in a fraction of the time that was needed in the past. Currently, achieving maximum efficiency in every department, including the R & D labs, is a major issue.
Automation of routine laboratory procedures, by the use of dedicated work stations and software to program instruments, allows associate scientists and technicians to analyze the implications of their experiments, design effective follow-up projects, or develop alternative approaches to their work, instead of spending their days repeating tedious tasks. North America has been the biggest contributor to the growth in this market, due to the presence of major R & D firms, and its emphasis on optimizing workflows by minimizing human intervention.
Stringent Regulations are Driving Market Growth
Major factors contributing to the growth of the market include compulsion from the respective governments and industries to comply with the regulations, and the growing demand for the integrated healthcare systems. The shift from the legacy systems to commercial solutions was favored by the laboratories, as they provide flexible and reliable methods to manage data, resources, and workflows. Increase in the number of clinical and pre-clinical studies, the need for quicker analysis of samples, and efficient testing processes, along with the increasing stringency of regulation, are driving the growth of the market.
Immuno-based Analyzers Hold the Largest Market Share
Immuno-based analyzers are instruments that automatically run tests on samples from patients to detect biologically active substances. The vital part is to know which analyzer to use, as different analyzers have differing analysis time and reagents, which make these instruments highly sophisticated. These analyzers are majorly used in infectious disease testing, cancer, cardiac, and autoimmune diseases. Immuno-based analyzers are becoming more popular in clinical chemistry and immunoassay, as they are an effective tool to diagnose cancer, hepatitis, illegal drugs, fertility problems, sodium levels, endocrine function, and the detection of blood clots. The demand for immuno-based analyzers is decelerating in the United States and Europe. Europeâ€™s challenges in the segment include laboratory consolidation in France and late payments from economically troubled countries, like Greece, Italy, Spain, and Portugal. Chinaâ€™s growing rural hospital market lacks basic diagnostics laboratory infrastructure, although it represents an untapped opportunity for affordable immuno-based analyzers. Leading players, such as Siemens, Abbott Diagnostics, Beckman Coulter, Ortho Clinical Diagnostics, and Roche, are focused on high-growth segments, such as infectious disease testing, cancer, cardiac, and autoimmune, resulting in the growth of immuno-based analyzers market.
North America Holds the Largest Market Share
North America is leading the market for automated analyzers. Asia-Pacific is the fastest-growing region. The extremely dynamic market landscape in North America, having a high level of merger and acquisition activities and many high-value deals, is leading to the growth of the market. Manufacturers and clinical laboratories are increasingly vying for niche technology solutions to increase their market share. The United States holds the largest market share in this region, owing to stringent regulations imposed by the government and the FDA for classification of devices, to assure safety and effectiveness.
Major Players: THERMO FISHER SCIENTIFIC, BECKMAN COULTER, HUDSON ROBOTICS, BECTON DICKINSON, SYNCHRON LAB AUTOMATION, AGILENT TECHNOLOGIES, SIEMENS HEALTHCARE, TECAN GROUP LTD, PERKINELMER, BIO-RAD, ROCHE HOLDING AG, EPPENDORF AG SHIMADZU, AND AURORA BIOMED, among others.
Key Developments in the Market
September 2017 - Agilent announced a platinum sponsorship agreement with LabCentral, biotech innovation hub based in Cambridge, Massachusetts. As a platinum sponsor, Agilent will provide LabCentral's shared laboratory workspace with a variety of Agilent technology.
July 2017 - Thermo Fisher Scientific announced two innovative technologies (ISQ EC Single Quadrupole mass spectrometer, MAbPac RP 1mm columns). These are expected to increase analytical analysis.
June 2017 - Roche announced that it would be showcasing new solutions for lab innovation and leadership at the 22nd IFCC-EFLM European Congress of Clinical Chemistry and Laboratory Medicines (EuroMedLab) in Athens. The congress will offer the opportunity to experience Rocheâ€™s latest technological advancements in diagnostics technology and solutions, including the Roche Integrated Core Lab (ICL), first-hand.
Reasons to Purchase the Report
Current and future of automated analyzers market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porterâ€™s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Automated Analyzers Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of Automated Analyzers.
Regional Market Analysis:
The Automated Analyzers Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global Automated Analyzers Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with Automated Analyzers procedures.
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Key Attentions of Automated Analyzers Market Report:
- The report offers a comprehensive and broad perspective on the global Automated Analyzers market.
- The market statistics represented in different Automated Analyzers segments offers complete industry picture.
- Market growth drivers, challenges affecting the development of Automated Analyzers are analyzed in detail.
- The report will help in the analysis of major competitive market scenario, market dynamics of Automated Analyzers.
- Major stakeholders, top companies Automated Analyzers, investment feasibility and new market entrants study is offered.
- Development scope of Automated Analyzers in each market segment is covered in this report. The macro and micro-economic factors affecting the Automated Analyzers market
- Advancement is elaborated in this report. The upstream and downstream components of Automated Analyzers and a comprehensive value chain are explained.
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter's Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
6.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6.2.4 South America
18.104.22.168 Rest of South America
6.2.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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