Chemical techniques are used in clinical chemistry to determine the amounts of chemical components in body fluids. It is a branch of biochemistry that deals with the diagnostic evaluation of bodily fluids. Clinical chemistry is used to diagnose diseases, determine metabolic function, and assess the presence of medications by evaluating serum, blood, cerebrospinal fluids, plasma, and urine samples for analyte concentration.
Clinical chemistry analyzers have been increasingly popular in recent decades as a result of major technological breakthroughs and expanding healthcare business demands. Clinical chemistry focuses on the examination of internal body fluids and provides precise diagnostic information. Modern clinical chemistry is built on the foundation of traditional manual laboratory tests. However, as technology has progressed, testing methods have developed, and various tests may now be performed in automated laboratories utilizing complex devices such as chemical analyzers.
Data Bridge Market Research analyses that the clinical chemistry market which was USD 13 billion in 2021, would rocket up to USD 19.58 billion by 2029, and is expected to undergo a CAGR of 5.25% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
North America dominates the clinical chemistry market due to the growing number of geriatric population along with adoption of innovative medical technology.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness and growing demand for advanced medical technology.
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Some of the major players operating in the clinical chemistry market are:
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