Clinical diagnostic equipment is used to identify the presence and cause of disease, assess the nature of the illness, designate a course of treatment, and monitor the effect of interventions also to determine the reappearance of existing disease symptoms.
Increasing awareness and growing demand for high-quality care have made it of utmost importance for healthcare providers to develop specific therapy. Various techniques of clinical diagnostic equipment testing include blood gas testing, coagulation testing, immunoassay, different clinical chemistry testing, hematology, [PCR] polymerase chain reaction and staining method. Immunoassay analyzer, chemical analyzer, HPLC system, mass spectrometer (MS), LC-MS, and GC-MS are most widely used clinical diagnostic equipment.
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Introduction of nanotechnology ensures precise results and more reliable clinical diagnostic equipment which results in high requirement of clinical diagnostic equipments in healthcare sector.
Increasing Rate of Chronic Diseases Such as Diabetes and Cancer Driving Clinical Diagnostic Equipment Market Growth
Development in the field of sophisticated and dedicated test equipment for initial disease recognition and disease management as well as the growing demand for automation are the key drivers of clinical diagnostics equipment market. The broad use of point-of-care diagnostic equipment has introduced a decentralized trend in the clinical diagnosis equipment market. To encourage early diagnosis, to provide medical facilities remotely and reduced costs; healthcare facilities are nowadays decentralizing their services. A wide range of clinical diagnostic equipment enables healthcare professionals to detect disease progression which includes urine and blood tests ranging from simple to intricate, molecular genetic analysis, and various medicinal chemistry panels. Other key driving factors are, the growing rate of chronic diseases like diabetes, heart failure, and colon cancer, continuously growing demand for personalized medicine, growing old population base and increasing awareness towards disease diagnosis; which are boosting the demand for clinical diagnostic equipment market.
Advanced technology is a significant factor in boosting the growth of the clinical diagnosis equipment market. Clinical diagnosis equipment technology has improved significantly in the past few years, owing to the augmentations in bioinformatics, miniaturization, functional genomics, nanotechnology, and microelectronics which in terms improving the user experience of clinical diagnostic equipment.
High initial capital investment and lack of skilled labor are deterring adoption of clinical diagnostic equipment.
Clinical Diagnostic Equipment Market Segmentation
Clinical diagnostic equipment market is segmented on the basis of-
- Clinical diagnostic equipment market by product type: POC diagnostics Molecular diagnostics Hematology devices Tissue diagnostics Clinical microbiology systems
- Clinical diagnostic equipment market by application: Clinical laboratory testing Point of care testing
- Clinical diagnostic equipment market by type of test: Lipid panel Blood count HbA1c tests HGB/HCT BUN creatinine
Clinical Diagnostic Equipment Market Key Players
- Siemens Healthcare
- Hitachi Medical Systems
- GE Healthcare
- Philips Healthcare
- Fujifilm Holdings
- Abbott Laboratories
- Labco S.A.
- Healthscope Limited.
- Laboratory Corporation of America Holdings (LabCorp)
- Genoptix Medical Laboratory
- Genzyme Corporation
- Clarient Inc
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