Global Automatic Enzyme Sign Analyzer market was valued at just under USD 950 million in 2019
SummaryGlobal Automatic Enzyme Sign Analyzer Market Volume (K Units) and Revenue (USD Million) by Type (2/4-pin, 4/8-pin, 8-pin and Others), By Application (Hospitals, Laboratories and Others) and Region: Premium Insights, Key Players Review and COVID 19 Impact Analysis, 2015 – 2027
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Enzyme analysis, in blood serum, analyzes the activity of particular enzymes in a sample of blood serum, usually for the determination and identification of a disease. The enzymes perform their catalytic function in cells and tissues where they are mainly concentrated; in disease, however, certain enzymes tend to leak into the circulation from the injured cells and tissues. Human serum is the host of over 50 enzymes. Automatic enzyme sign analyzers play important role in the analysis of different types of enzymes in hospitals, laboratories, etc. Global Automatic Enzyme Sign Analyzer market was valued at just under USD 950 million in 2019 and is expected to reach over USD 1,175 million in 2027, growing at a CAGR of over 6.5% during the forecast period.
By type, global automatic enzyme sign analyzer market is segmented into 2/4-pin, 4/8-pin, 8-pin and Others. In 2019, global automatic enzyme sign analyzer market was dominated by 2/4-pin segment with almost 50% share in total revenue generation. It is also expected to be the fastest-growing segment over the forecast period and maintain its dominance.
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Global automatic enzyme sign analyzer market is segmented based on applications such as Hospitals, Laboratories and Others. Use of automated enzyme analyzers in hospitals accounted for the largest revenue of over USD 485 million in the year 2019. The high share of the hospital can be attributed to the increasing trend among leading hospitals to focus on achieving high test volumes, and favourable health reforms to deliver better hospital care. Additionally, the rapidly growing number of corporate hospital chains around the world is also expected to contribute towards the growth of automated analyzers market demand over the forecast years.
An increasing number of diagnostic laboratories are expected to exhibit rapid growth in demand for automated analyzers over the forecast years. Automation facilitates the laboratories to engage their skilled resources for more important activities such as analysis and test results review. Use of automated enzyme analyzers in diagnostic laboratories is estimated to show a considerable amount of growth at a CAGR of 6.5% over the forecast time period.
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Major players in global automatic enzyme sign analyzer market include but not limited to Dynex Technologies, Biomerieux, Tecan, Tosoh, Meril Life Sciences, IASON, Bio-Rad, Awareness Technology, Arlington Scientific, Inova DX, Grifols, Molecular Devices and Others. The global automatic enzyme sign analyzer market is highly fragmented with the top six players accounting for just over 28% share in the global market.
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Automatic Enzyme Sign Analyzer Market by Type, 2015 – 2027 Volume (K Units) and Revenue (USD Million)
Automatic Enzyme Sign Analyzer Market by Application, 2015 – 2027 Volume (K Units) and Revenue (USD Million)
Automatic Enzyme Sign Analyzer Market by Region, 2015 – 2027 Volume (K Units) and Revenue (USD Million)
- United States
- South Korea
- Southeast Asia
The Middle East and Africa
- Saudi Arabia
- South Africa
Automatic Enzyme Sign Analyzer Market by Company, 2018 – 2019 Volume (K Units) and Revenue (USD Million)
- Dynex Technologies
- Merril Life Sciences
- Awareness Technology
- Arlington Scientific
- Inova DX
- Molecular Devices
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