North America will Dominate the Clinical Chemistry Market - Study

Published On : May 13, 2022

The global Clinical Chemistry market is projected to reach US$ 10,097.6 Mn by 2026, according to a study by Persistence Market Research (PMR), a well-known name in market research.

Due to the significant growth in the elderly population in countries like the United States of America and Canada, the North American region is projected to be the dominant region in the global clinical chemistry market. Furthermore, these nations can experience a surge in demand for advanced medical technologies, which can also support the expansion of the clinical chemistry market in North America during the forecast period.

Europe is also expected to provide huge market opportunities because of its better healthcare facilities and a significant proportion of the region's population suffering from diabetes. Due to its developing healthcare infrastructure, the Asia Pacific region is expected to create profitable growth possibilities for the clinical chemistry market.

The outbreak of Covid-19 disrupted the global economy and due to the lockdowns caused by the COVID-19 outbreak many patients had to reschedule their medical visits, which resulted in the decrease in the number of tests conducted. However, as restrictions were relaxed in 2021, the situation has improved.

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PMR has presented a comprehensive report based on Clinical Chemistry Market as per Product Type (Clinical Chemistry Analysers, POC Test Kits and Clinical Chemistry Analyser Kits & Reagents.), End User (Hospitals, Pathology Laboratories, Maternity Centres and Outpatient Centres & Clinics) based on seven regions.

About Persistence Market Research (PMR)

Persistence Market Research (PMR) makes way for advanced, systematic, and refined constellation of the research methodologies that table precise, objective, and sound data. Both – demand and supply side of data from secondary and primary sources is assimilated to give out an all-inclusive market solution for the client/company concerned. Incoherence has no place at Persistence Market Research. Everything is tracked scientifically with proprietary research to add on. As such, risks get minimized and profits maximized with this bottom-up approach.

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