Chemical Analyzers Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The latest Chemical Analyzers Market analysis and research report talks about major applications of Chemical Analyzers, growth of these segments as well as offers insights into companies active in this industry and their information. Chemical Analyzers Market size is set to witness healthy gains in the coming years. Growing geriatric population across the globe will be the high impact rendering factor for the chemical analyzers market. Geriatric population (aged 65 and older) forms 7% of the total world population. In Japan, about 33% of the population was aged over 60, while in Germany and Italy, about 28% of the population was over 60 as of 2015. These elderly patients are prone to lifestyle diseases, such as heart-related diseases, and requires regular medical checkup.
Growing incidences and prevalence of lifestyle diseases are predicted to drive the market over the forecast period. Lifestyle diseases, such as heart disease and diabetes, are the leading causes of death and disability across the globe. Chemical analyzers reduce the burden of such diseases by providing early and accurate diagnosis. Chemical analyzers further help in understanding the causal factors and disease function, which enables the prevention of diseases. The launch of technologically advanced products in the market has improved user convenience. Time and cost-effective instruments are being launched in the market with high-throughput and increased analytical range. For instance, Roche launched cobas c 513 analyzer, to address the growing demand for HbA1c testing of patients with diabetes. The newly launched analyzer minimizes the risk by providing accurate results in lesser time. However, the high cost associated with chemical analyzers is predicted to impede the industry growth over the forecast period. Chemical analyzers are used to detect the concentration of electrolyte, lipid, cholesterol, glucose, calcium, carbohydrate, protein, and other molecules in bodily fluids, such as blood, plasma, urine, and serum. The analyzers aid in the diagnosis and treatment of a wide range of diseases including heart diseases, hepatitis, cancer, diabetes, thyroid problems, HIV, and STD.
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