AUTOMATED ANALYZERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Regional Analysis

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North America remains the dominant region in the global automated analyzers market, and is estimated to hold 34.5% of the market share in 2024. The presence of major players from the U.S. such as Thermo Fisher Scientific, Agilent Technologies, and Danaher has enabled them to gain significant market share in the region. These players have extensive distribution networks across countries like the U.S. and Canada that provide customers easy access to their wide range of automated analyzers products. Furthermore, the presence of a highly developed healthcare infrastructure and large healthcare expenditure in the region has boosted demand for automated analyzers in various end user segments including hospitals, clinical laboratories, biotechnology companies and research institutes. Rising healthcare awareness and focus on early disease diagnosis has boosted demand for advanced medical technologies like automated analyzers.

The automated analyzers market in Asia Pacific region has emerged as the fastest growing regional market globally. Rapidly developing economies like China and India are attracting greater investments from international medical device companies to tap into their huge untapped growth potential, and this has positively impacted the availability of advanced analyzers systems within Asia Pacific. Growing medical tourism and establishment of new clinical laboratories and research centers has boosted demand for high-precision automated equipment in the region. Favorable government policies supporting the adoption of advanced healthcare technologies can also drive the market growth.