Global hematology analyzer market to witness the launch of novel hematology analyzers by 2020

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This market research report presents a detailed segmentation of the global hematology analyser market by product type (large capital equipment hematology analyzers, bench-top hematology analyzers, and POC hematology analyzers), by the degree of automation (fully automated, semi-automated), and by geography (Americas, APAC, and EMEA). The key vendors identified in the market are Abbott Diagnostics, Beckman Coulter, HORIBA, and Sysmex.

Technavio’s market research analysts estimate the global hematology analyzer market, to grow at a CAGR of around 5% between 2016 and 2020. The global hematology analyzers market has an immense opportunity to grow during the forecast period owing to an increased demand from diagnostic centers and hospitals for primary blood test. In the coming years, automated hematology analyzers will be adopted by hospitals as these analyzers offer high sensitivity and specificity. The Americas is the largest market for hematology analyzer, occupying around 45% of the overall market share. The region is witnessing huge installations of hematology analyzer units are installed in the central labs, hospitals, and physician office labs, owing to the growing awareness regarding blood safety and transfusion-transmitted infections.

The new market research report from Technavio provides a breakdown and analysis of the hematology analyzer segments by technology.

“Owing to technological advancements, the vendors are introducing novel hematology analyzers, which are more efficient in performance. For example, in June 2015, Beckman Coulter launched a range of hematology analyzer series named DxH 500 in France. Similarly, manufacturers are developing the micro sampling ability of hematology analyzers, to speed up test results,” says Barath Palada, Lead Analyst, Healthcare & Lifesciences, Technavio Research

The large capital equipment hematology analyzer segment dominates the market, accounting for more than 49% of the overall revenue market. Large capital equipment hematology analyzers are large automated integrated systems that combine all forms of sample processing, analysis, and presentation of results. These systems are controlled by the laboratory information management system to generate a high-throughput analysis of the sample. Moreover, these systems help laboratories generate results in a faster turnaround time, thereby improving the efficiency and labor utilization.

Global hematology analyzer market by product type 2020

Source: Technavio, 2016

The leading vendors in the global hematology analyzer market include Abbott Diagnostics, Beckman Coulter, HORIBA, and Sysmex. The market is highly consolidated and dominated by a few large vendors in the market. These vendors operate under intense competition and are trying to stay competitive by introducing new technologies in the market.  The competitive environment is expected to increase in due to the product extensions, new products, and new applications of the products and services provided.  

A more detailed analysis is available in the Technavio report, Global Hematology Analyzer Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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