Automated Analyzers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Analyzer (Biochemistry Analyzers, Immuno-based Analyzers, Hematology Analyzers), By Application (Drug Discovery, Genomics, Proteomics, Bioanalysis, Analytical Chemistry, Clinical Diagnostics), By Region and Competition, 2019-2029F

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 7.52 Billion

Market Size (2029)

USD 10.25 Billion

CAGR (2024-2029)

5.25%

Fastest Growing Segment

Immuno-based Analyzers

Largest Market

North America

Market Overview

Global Automated Analyzers Market was valued at USD 7.52 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.25% through 2029. In the contemporary healthcare sector, technological progress continually reshapes operations, particularly with innovations like automated analyzers. These advanced devices have fundamentally altered clinical laboratory practices worldwide, optimizing processes, boosting precision, and ultimately elevating patient care.

Automated analyzers are cutting-edge instruments engineered to automate diverse laboratory functions, spanning sample preparation, analysis, and result interpretation. They cater to a broad spectrum of applications, from clinical chemistry and hematology to immunoassay and molecular diagnostics. By automating repetitive tasks and minimizing human error, these analyzers significantly bolster laboratory efficiency and output.

The global market for automated analyzers has experienced significant expansion in recent years, fueled by various factors. Firstly, the escalating prevalence of chronic and infectious diseases demands swift and accurate diagnostic solutions, driving the uptake of automated analyzers. Additionally, technological advancements, such as the incorporation of artificial intelligence and robotics, have propelled market growth by enhancing instrument performance and capabilities. Furthermore, the increasing focus on preventive healthcare and personalized medicine has spurred demand for advanced diagnostic tools, including automated analyzers. Moreover, the uptick in healthcare spending, particularly in emerging markets, alongside the expansion of healthcare infrastructure, has created lucrative opportunities for market players to tap into new markets and broaden their customer base.

Key Market Drivers

Growing Demand for Laboratory Automation 

In the realm of scientific research and diagnostics, precision and efficiency are paramount. Laboratories worldwide are increasingly turning to automation to streamline processes and enhance accuracy. The global market for automated analyzers, fueled by this growing demand for laboratory automation, is witnessing significant expansion. This surge is reshaping the landscape of scientific analysis, offering unprecedented opportunities for innovation and efficiency. Laboratory automation involves the integration of advanced technologies to perform tasks traditionally carried out by humans. From sample preparation to data analysis, automation minimizes human error, reduces turnaround times, and increases throughput. This transformative shift in laboratory workflows has been catalyzed by several factors. Firstly, the escalating complexity of scientific research and diagnostic testing necessitates higher throughput and accuracy. Manual processes are not only time-consuming but also prone to errors, potentially compromising results. Automated analyzers offer precise, reproducible results even in high-volume testing environments, meeting the demands of modern laboratories. Secondly, the advent of high-throughput screening techniques and advancements in robotics and artificial intelligence have made automation increasingly accessible and cost-effective. Laboratories can now automate a wide array of tasks, including sample handling, liquid handling, and data analysis, with greater ease and efficiency. Furthermore, the ongoing digitization of healthcare and laboratory information systems has facilitated seamless integration between automated analyzers and laboratory management software. This interconnectedness enables real-time monitoring, data management, and remote access, empowering laboratories to operate more efficiently and adapt to evolving research and diagnostic needs.

Rising Incidence of Chronic and Infectious Diseases 

In recent years, the world has witnessed a significant rise in the prevalence of chronic and infectious diseases, leading to a growing demand for efficient diagnostic solutions. Automated analyzers have emerged as indispensable tools in healthcare facilities worldwide, offering accuracy, speed, and efficiency in diagnosing a wide range of diseases. As the burden of diseases continues to escalate, the global automated analyzers market is experiencing robust growth, driven by the urgent need for advanced diagnostic capabilities.

The increasing incidence of chronic diseases such as diabetes, cardiovascular disorders, cancer, and respiratory ailments has become a pressing global health concern. According to the World Health Organization (WHO), non-communicable diseases account for approximately 71% of all deaths worldwide, with cardiovascular diseases alone responsible for nearly 17.9 million deaths annually. Moreover, infectious diseases, including influenza, HIV/AIDS, tuberculosis, and emerging threats like COVID-19, continue to pose significant challenges to public health systems worldwide. Automated analyzers play a pivotal role in the timely and accurate diagnosis of various diseases. These sophisticated instruments utilize advanced technologies such as immunoassay, clinical chemistry, hematology, molecular diagnostics, and microbiology to analyze biological samples such as blood, urine, and tissue. By automating complex laboratory processes, these analyzers not only enhance diagnostic accuracy but also streamline workflow, reduce human error, and improve turnaround times, ultimately leading to better patient outcomes.


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Key Market Challenges

Cost Pressures

Cost considerations pose a significant challenge for both manufacturers and end-users in the automated analyzers market. While advancements in technology have led to improved efficiency and cost-effectiveness, the initial investment required for acquiring automated analyzers can be substantial. Additionally, ongoing maintenance, calibration, and software updates incur additional expenses over the product's lifecycle. Moreover, fierce competition in the market exerts downward pressure on prices, squeezing profit margins and challenging manufacturers to balance affordability with quality and performance.

Interoperability and Integration

In today's interconnected world, interoperability and seamless integration have become essential requirements for automated analyzers to effectively communicate and exchange data with other systems and devices. However, achieving interoperability can be challenging due to the lack of standardized protocols, proprietary technologies, and compatibility issues between different manufacturers' products. Integration with existing infrastructure and laboratory information management systems (LIMS) also presents hurdles, requiring customized solutions and extensive testing to ensure compatibility and data integrity.

Key Market Trends 

Technological Advancements

In recent years, the healthcare industry has witnessed a remarkable transformation propelled by technological advancements. Among these advancements, automated analyzers have emerged as a pivotal tool, revolutionizing diagnostic processes and laboratory workflows. The global automated analyzers market is experiencing significant growth, fueled by the relentless pursuit of efficiency, accuracy, and reliability in diagnostic testing across various sectors including healthcare, pharmaceuticals, and research institutions. Automated analyzers encompass a diverse range of instruments designed to automate the analysis of samples such as blood, urine, and tissues. These systems integrate sophisticated technologies such as robotics, artificial intelligence (AI), and advanced sensors to perform a wide array of tests rapidly and with minimal human intervention.

Automation streamlines laboratory workflows by eliminating manual processes, reducing human error, and significantly increasing the throughput of diagnostic tests. Automated analyzers can handle large volumes of samples efficiently, enabling laboratories to process more tests in a shorter time frame without compromising accuracy. Advanced algorithms and high-performance sensors incorporated into automated analyzers ensure precise and consistent results, enhancing the reliability of diagnostic testing. By minimizing variability and standardizing testing procedures, these systems contribute to better clinical outcomes and informed decision-making by healthcare professionals. While the initial investment in automated analyzers may be substantial, the long-term benefits in terms of operational efficiency and resource utilization are significant. Automated systems reduce the need for manual labor, minimize sample wastage, and optimize reagent usage, ultimately leading to cost savings for laboratories and healthcare facilities. The versatility of automated analyzers enables their application across diverse fields such as clinical diagnostics, drug discovery, forensic analysis, and environmental monitoring. As technological advancements continue to broaden the capabilities of these systems, new opportunities for their utilization in emerging areas of healthcare and research are constantly emerging, further driving market growth. The integration of AI, machine learning, and big data analytics into automated analyzers is revolutionizing diagnostic testing by enabling predictive analytics, personalized medicine, and real-time data insights. These technologies empower automated analyzers to adapt to evolving healthcare needs, optimize testing protocols, and facilitate early disease detection and intervention.

Segmental Insights

Analyzer Insights

Based on analyzer, Immuno-based Analyzers emerged as the dominant player in the global market for Automated Analyzers in 2023. Immuno-based analyzers have emerged as the preferred choice for a wide range of diagnostic applications. Immunoassays are analytical techniques that utilize the specific binding of antibodies to antigens for the detection and quantification of analytes in biological samples. This technology offers unparalleled sensitivity, specificity, and versatility, making it indispensable in clinical diagnostics. Immunoassays are renowned for their exceptional accuracy and sensitivity, allowing for the detection of analytes at very low concentrations. This capability is particularly crucial for diagnosing diseases in their early stages when biomarker levels may be extremely low.


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Regional Insights

North America emerged as the dominant region in the global Automated Analyzers market in 2023, holding the largest market share in terms of value. North America boasts a robust ecosystem of research and development, with leading companies continuously investing in cutting-edge technologies to enhance automated analyzer capabilities. From advanced algorithms to integrated systems, these innovations drive market growth and maintain North America's competitive edge. The region is home to world-class healthcare infrastructure, characterized by state-of-the-art laboratories, well-equipped hospitals, and a strong regulatory framework. The presence of renowned healthcare institutions fosters the adoption of automated analyzers, driving market expansion and facilitating widespread access to diagnostic services.

Recent Developments

  • In January 2024, Horiba has expanded its Yumizen H550 range to affordably introduce new applications and configurable hematology options for small to mid-throughput laboratories. The new models, Yumizen H550E (autoloader), H500E CT (closed tube), and Yumizen H500E OT (open tube), now provide combined testing for CBC/DIFF with ESR results from whole blood in just 60 seconds. This addition enhances the instruments' comprehensive profile for inflammatory disease assessment, further extending their already extensive functionality.
  • In November 2023, Korea Donates Fully Automated Biochemistry Analyzers to Nepal, Under grant assistance, the Republic of Korea has donated fully automated biochemistry analyzers valued at USD 402,500 to Nepal. The official handover ceremony occurred today at the Ministry of Health and Population, attended by Dr. Roshan Pokhrel, Secretary of the Ministry of Health and Population of Nepal, and Park Tae-Young, Ambassador of the Republic of Korea to Nepal. Secretary Pokhrel accepted the donation on behalf of the Nepalese government.
  • In September 2023, HORIBA UK to Unveil New Fully Automated Hemostasis Analyzers at IBMS Congress 2023, HORIBA UK will mark its 70th anniversary at Stand 715 during the IBMS Congress 2023. Delegates are invited to join the celebrations and engage with HORIBA’s Medical team. Attendees will have the opportunity to view HORIBA’s new products and explore its comprehensive range of hematology, hemostasis, and clinical chemistry solutions. Additionally, visitors can discuss their specific requirements with the team, from point-of-care testing to hub-and-spoke laboratories, to identify the best options for their current and future needs.
  • In November 2023, The Republic of Korea's Embassy has generously provided Nepal with fully automated biochemistry analyzers worth USD 402,500. This donation was officially handed over today at the Ministry of Health and Population, with Dr. Roshan Pokhrel, Secretary of Nepal's Ministry of Health and Population, and Park Tae-Young, the Republic of Korea's Ambassador to Nepal, in attendance. Secretary Pokhrel graciously accepted the donation on behalf of the Nepalese government.

Key Market Players

  • Thermo Fisher Scientific Inc.
  • Danaher Corporation
  • Hudson Robotics Inc.
  • Becton Dickinson and Company
  • Synchron
  • Agilent Technologies Inc.
  • Siemens Healthineers AG
  • Tecan Trading AG
  • PerkinElmer Inc.
  • Honeywell International Inc.

By Analyzer

By Application

By Region

  • Biochemistry Analyzers
  • Immuno-based Analyzers
  • Hematology Analyzers
  • Drug Discovery
  • Genomics
  • Proteomics
  • Bioanalysis
  • Analytical Chemistry
  • Clinical Diagnostics
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Automated Analyzers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Automated Analyzers Market, By Analyzer:

o   Biochemistry Analyzers

o   Immuno-based Analyzers

o   Hematology Analyzers

  • Automated Analyzers Market, By Application:

o   Drug Discovery

o   Genomics

o   Proteomics

o   Bioanalysis

o   Analytical Chemistry

o   Clinical Diagnostics

  • Automated Analyzers Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Automated Analyzers Market.

Available Customizations:

Global Automated Analyzers market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Automated Analyzers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Automated Analyzers Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Analyzer (Biochemistry Analyzers, Immuno-based Analyzers, Hematology Analyzers)

5.2.2.     By Application (Drug Discovery, Genomics, Proteomics, Bioanalysis, Analytical Chemistry, Clinical Diagnostics)

5.2.3.     By Company (2023)

5.2.4.     By Region

5.3.  Market Map

6.    North America Automated Analyzers Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Analyzer

6.2.2.     By Application

6.2.3.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Automated Analyzers Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Analyzer

6.3.1.2.2.             By Application

6.3.2.     Mexico Automated Analyzers Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Analyzer

6.3.2.2.2.             By Application

6.3.3.     Canada Automated Analyzers Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Analyzer

6.3.3.2.2.             By Application

7.    Europe Automated Analyzers Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Analyzer

7.2.2.     By Application

7.2.3.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Automated Analyzers Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Analyzer

7.3.1.2.2.             By Application

7.3.2.     Germany Automated Analyzers Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Analyzer

7.3.2.2.2.             By Application

7.3.3.     United Kingdom Automated Analyzers Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Analyzer

7.3.3.2.2.             By Application

7.3.4.     Italy Automated Analyzers Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Analyzer

7.3.4.2.2.             By Application

7.3.5.     Spain Automated Analyzers Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Analyzer

7.3.5.2.2.             By Application

8.    Asia-Pacific Automated Analyzers Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Analyzer

8.2.2.     By Application

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Automated Analyzers Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Analyzer

8.3.1.2.2.             By Application

8.3.2.     India Automated Analyzers Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Analyzer

8.3.2.2.2.             By Application

8.3.3.     South Korea Automated Analyzers Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Analyzer

8.3.3.2.2.             By Application

8.3.4.     Japan Automated Analyzers Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Analyzer

8.3.4.2.2.             By Application

8.3.5.     Australia Automated Analyzers Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Analyzer

8.3.5.2.2.             By Application

9.    South America Automated Analyzers Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Analyzer

9.2.2.     By Application

9.2.3.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Automated Analyzers Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Analyzer

9.3.1.2.2.             By Application

9.3.2.     Argentina Automated Analyzers Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Analyzer

9.3.2.2.2.             By Application

9.3.3.     Colombia Automated Analyzers Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Analyzer

9.3.3.2.2.             By Application

10.  Middle East and Africa Automated Analyzers Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Analyzer

10.2.2.  By Application

10.2.3.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Automated Analyzers Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Analyzer

10.3.1.2.2.           By Application

10.3.2.  Saudi Arabia Automated Analyzers Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Analyzer

10.3.2.2.2.           By Application

10.3.3.  UAE Automated Analyzers Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Analyzer

10.3.3.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Merger & Acquisition (If Any)

12.2.              Product Launches (If Any)

12.3.              Recent Developments

13.  Porters Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Thermo Fisher Scientific Inc.

14.1.1.  Business Overview

14.1.2.  Company Snapshot

14.1.3.  Products & Services

14.1.4.  Financials (As Reported)

14.1.5.  Recent Developments

14.1.6.  Key Personnel Details

14.1.7.  SWOT Analysis

14.2.              Danaher Corporation

14.3.              Hudson Robotics Inc.

14.4.              Becton Dickinson and Company

14.5.              Synchron

14.6.              Agilent Technologies Inc.

14.7.              Siemens Healthineers AG

14.8.              Tecan Trading AG

14.9.              PerkinElmer Inc.

14.10.            Honeywell International Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Automated Analyzers Market was estimated to be USD 7.52 Billion in 2023.

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Thermo Fisher Scientific Inc., Danaher Corporation, Hudson Robotics Inc., Becton Dickinson and Company, Synchron, Agilent Technologies Inc. were the top key players in the Global Automated Analyzers Market in 2023.

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Interoperability and Integration and Cost Pressure are the major challenges which restrict the growth of the Global Automated Analyzers Market.

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Growing demand for laboratory automation and rising incidence of chronic and infectious diseases are the major drivers for the Global Automated Analyzers Market.

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Sakshi Bajaal

Business Consultant
Press Release

Automated Analyzers Market to Grow with a CAGR of 5.25% through 2029

Aug, 2024

Growing demand for laboratory automation and rising incidence of chronic and infectious diseases are factors driving the Global Automated Analyzers Market in the forecast period 2025-2029

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