HEALTHCARE ANALYTICAL INSTRUMENTATION AND SYSTEMS MARKET ANALYSIS

Market News

Key Developments

Key players in the healthcare analytical instrumentation and systems market are focused on expanding their market position through marketing and promotion strategies. For instance, in August 2019, Thermo Fisher Scientific, Inc. showcased a range of latest analytical instruments, assays, and software for improving accuracy, speed and usability in research and clinical trials, at the Annual Scientific Meeting and Clinical Laboratory Exposition on 4^th and 5^th August 2019.

Moreover, continuous focus on research and development of new innovative products is expected to facilitate the market growth over the forecast period. For instance, in May 2019, Analog Devices, Inc. (ADI) announced a new electrochemical & impedance measurement front end (AD5940 analog front end) for biological and chemical sensing. The AD5940 analog front end combines potentiostat and electrochemical impedance spectroscopy (EIS) functions.

Increasing number of acquisitions and investments are also expected to benefit the market growth. For instance, in August 2019, Mettler-Toledo International Inc., a medical instruments supplier, announced that SG Americas Securities LLC have acquired 2,244 shares of its shares valued at US$1,885,000.