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Clinical Chemistry Global Market Briefing to 2016

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					Clinical Chemistry Global Market Briefing to 2016

The Global Clinical Chemistry Market is expected to grow at a CAGR of 5% from
2009–2016

The global clinical chemistry market is expected to grow at 5.1% during 2009–2016 to
reach $14,260m by 2016. Clinical chemistry rapid tests & POC is expected to be the
fastest growing segment at 6% during the same period and is forecast to reach $4,483m in
2016. Clinical chemistry analyzers, the second largest segment, is forecast to grow at
4.4% CAGR during 2009–2016, to reach $3,388m in 2016. The urine analysis market is
expected to reach $3,382m in 2016, growing at 5.5% during 2009–2016.Metabolite,
enzyme and electrolyte chemistry reagents markets are expected to grow at 4.1%, 4.1%
and 4.5% respectively during 2009–2016, reaching $1,331m, $1,091m and $585m in
2016. The global clinical chemistry market is expected to be driven by the increasing
availability of tests covering a wide range of disease areas expanding the pool of potential
consumers.

For Sample Pages, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/RequestSamplePages.aspx?ID=Clinical-
Chemistry-Global-Market-Briefing-to-
2016&Title=Medical_Devices&ReportType=Industry_Report

Emerging countries such India, China and Brazil are expected to continue to grow at an
above average CAGR of 15%, 15% and 10% respectively in 2009–2016. The growth is
expected to be driven by huge population base which continues to grow as well as the
growing affordability for obtaining better medical care. All three countries currently have
stable economic indicators in contrast to developed economies which are still trying to
recover from the recession. This indicates growing affordability of the masses and
thus will drive demand for superior quality of care in these countries.

Clinical chemistry is a mature and stable market in developed economies due to high
levels of automation in laboratories. However, it still has scope for growth in the
developing economies, due to low penetration of automation. In spite of no apparent lack
of skilled labor in these countries, laboratories continue to implement automated
laboratory solutions to achieve high accuracy, reproducibility and efficiency. One
reason for this is the demand for high quality of care which necessitates superior QC.
This can be achieved easily through automation. The growth in diagnostic laboratories
opting for ISO certification in developing countries such as India also demonstrates their
growing emphasis on delivering superior quality and reproducible results. Thus,
automation indirectly aids laboratories in growing their domestic customer base in an
increasingly competitive and crowded market, but also helps them garner medical
tourism.

GlobalData’s new report, “Clinical Chemistry Global Market Briefing to 2016” provides
key data,information and analysis on the global clinical chemistry market. The report
provides market landscape,competitive landscape and market trends information on the
clinical chemistry market. The report provides comprehensive information on the key
trends affecting the market, and key analytical content on the market dynamics. The
report also reviews the competitive landscape and technology offerings.

This report is built using data and information sourced from proprietary databases,
primary and secondary research and in-house analysis by GlobalData’s team of industry
experts

For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Clinical-Chemistry-Global-
Market-Briefing-to-
2016&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Medical_De
vices

Visit our report store: http://www.globaldata.com

For more details contact:
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Description: The Global Clinical Chemistry Market is expected to grow at a CAGR of 5% from 2009–2016