Discrete Analyzers Market Analysis

Over the past few years, a rise in demand for discrete analyzers has been registered due to their compact design, effective sample & reagent mixing, colorimetric analysis and limited cross contamination, all of which have been leading to the generation of large revenues in the discrete analyzers market. The discrete analyzers market, on the basis of product type, is classified into discrete analyzer devices, kits & reagents and software. Also, based on application, the discrete analyzers market is categorized into food & beverage industry, water/environmental industry and industrial bioprocess industry and others. The main end user segments for discrete analyzers market include hospitals, private clinics, ambulatory surgical centers and others. On the other hand, the discrete analyzers market has been witnessing growing profit due to continuous in-house developments and incorporation of user-requested features. Growing applications of discrete analyzers for industrial purposes and the fact that they are user-friendly, intuitive and highly flexible systems, will drive the demand for these devices from end user segments, thereby generating significant revenue growth in the discrete analyzers market in near future. 

Discrete Analyzers: Market Dynamics

Rising adoption of discrete analyzer systems to perform routine repetitive medical laboratory analysis is one of the important reasons responsible for the growth of the discrete analyzers market. Automated discrete analyzers can determine levels of cholesterol, creatinine, albumin, glucose, uric acids and proteins in blood serum with only one operating technician. Increasing clinical applications of discrete analyzers, such as neonatal screening and others, are expected to generate further revenue opportunities in the global discrete analyzers market. Also, use of multichannel discrete analyzers to reduce excessive biochemical tests and the fact that these analyzers are compact and affordable for laboratory settings will further drive the discrete analyzers market’s growth. However, lack of awareness among technicians may restrain the revenue growth of the discrete analyzers market.

Discrete Analyzers Market: Segmentation

Discrete Analyzers Market: Overview

Based on product type, systems segment registers highest revenue share in the discrete analyzers market owing to high demand for them from end user segments. As the technology advances, improved innovative devices will hit the market and competition will increase, which may pressurize leading players to reduce price of discrete analyzers. With growing number of medical applications and rapid technological innovations, the discrete analyzers market, across the globe, will register high revenue growth.

Discrete Analyzers Market: Region-wise Outlook

On the basis of geography, the global discrete analyzers market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold the largest share in the global discrete analyzers market, primarily due to the presence of a large number of hospitals and advanced healthcare infrastructure. However, Asia-Pacific is expected to register fastest growth, in terms of revenue generation, in the discrete analyzers market due to the presence of giant local manufacturers in countries, such as Japan, China and India. Latin America, owing to the presence of a less stringent regulatory framework and upgraded research infrastructure, is expected to experience high demand for discrete analyzers.

Discrete Analyzers Market: Key Players

Some of the key players operating in the global Discrete Analyzers market are Thermofisher Scientific Inc., SEAL Analytical, Inc., AMS Alliance S.p.A, Folio Instruments Inc., Systea SpA, Unity Scientific and others.

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