Market Trends of Automated Analyzers Industry
This section covers the major market trends shaping the Automated Analyzers Market according to our research experts:
Immuno-based Analyzer is Expected to Witness Significant Growth
- Immuno-based analyzers are the medical instruments that automatically run tests on samples from patients to detect biologically active substances in it. The most important part is to know which analyzer to use, as different analyzers have different 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 and more popular in clinical chemistry and immunoassay, as they are an effective tool to diagnose hepatitis, cancer, illegal drugs, sodium levels, fertility problems, endocrine function, and the detection of blood clots.
- During the past few years, a wide range of immuno-based analyzers has been developed to provide the semiquantitative, quantitative, or qualitative detection of analytes. With the advancement of immunochemistry analyzers which helps to diagnose the different type of diseases and other abnormalities within the human body, as well as helps to confirm the health status, the market is expected to witness further increase in demand of these types of equipment.
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North America is Expected to Hold the Largest Market share
- The North American region is expected to lead the market for automated analyzers. The extremely dynamic market landscape in North America, having a high level of merger and acquisition activities and many high-value deals, is acting as a growth driver for the market owing to the increased research activities.
- Manufacturers and clinical laboratories are increasingly vying for niche technological 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.
- The major demand for these automated solutions in the North American region is also rising due to the increased number of investments in research and development by the government. Moreover, with the presence of large pharmaceutical companies with R&D labs in the region, and automation solutions adoption by hospitals and clinical diagnostic labs, the market is expected to grow further in this region.
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