Electrolyte Analyzers Market Report
Electrolyte Analyzers Market, Trends, Dynamics, Market Analysis See less
Electrolyte Analyzers Market, Trends, Dynamics, Market Analysis
The report on the Electrolyte Analyzers Market is segmented By Type (Fully-automatic, Semi-automatic), By Application (Experimental use, Central Laboratories, Point-of-Care, Diagnostic Centers), and Region. It also covers the COVID-19 Impact Analysis and Forecast to 2026. This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global electrolyte analyzers market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Electrolyte Analyzers Market is segmented By Type (Fully-automatic, Semi-automatic), By Application (Experimental use, Central Laboratories, Point-of-Care, Diagnostic Centers), and Region. It also covers the COVID-19 Impact Analysis and Forecast to 2026....
The Electrolyte Analyzers Market is estimated to grow from USD 205.2 million in 2020 to USD 269.6 million by 2026 at a healthy CAGR of 4.7% during the forecast period.
Electrolyte analyzers measure electrolyte levels in the human body to detect metabolic imbalances and measure renal and cardiac function. The electrolytes measured includes potassium (K+), sodium (Na+), chloride (Cl-), and bicarbonate (HCO3- or CO2). These analyzers are widely used in hospital and reference laboratories, among others.
Key players operating in the electrolyte analyzers market are
The increasing prevalence of chronic disorders along with technological developments are expected to boost the industry's growth.
Based on application, the electrolyte analyzers market is classified into experimental use, central laboratories, point-of-care, and diagnostic centers.
By region, the Asia Pacific market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR in the following years.
The COVID-19 outbreak has moderately affected the electrolyte analyzers industry due to supply chain disruptions amid lockdowns. Also, increasing chronic cases after being infected by COVID-19 created a surge in the demand for electrolyte analyzers during the pandemic.
The following is a list of the customers that the Electrolyte Analyzer market aims to convert the most:
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The electrolyte analyzers market size is expected to reach USD 269.6 million in the coming years.
Convergent Technologies (The U.S), Meizhou Cornley Hi-Tech (China), JS Medicina Electronica (Argentina), Meril Life Sciences (India), HANNA Instruments (The U.S), BPC BioSed (Italy), Caretium Medical Instruments (China), URIT Medical Electronic (China), Erba diagnostics Mannheim (Germany) and IDEXX LABORATORIES (The U.S) are among the key players in the electrolyte analyzers market.
The electrolyte analyzers market is expected to witness an impressive growth of 4.7% CAGR in the foreseeable future.
The diagnostic centers segment is expected to grow at robust CAGR in the electrolyte analyzers market in the coming years.
Asia Pacific market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR.
Electrolyte analyzers vendors, Electrolyte analyzers retailers, Hospitals, Clinics are the target audience in the electrolyte analyzers market.