Product Code: CMI6844
The hematology analyzer market is estimated to be valued at USD 4.94 Bn in 2024 and is expected to reach USD 8.07 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 4.94 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.30% |
2031 Value Projection: |
US$ 8.07 Bn |
Figure 1. Hematology Analyzer Market Share (%), By Region, 2024

The hematology analyzer market has been growing steadily over the past few years due to rising demand for efficient blood analysis systems from diagnostic laboratories and hospitals as well as blood banks. Hematology analyzers are medical devices used to analyze cellular components such as white blood cells, red blood cells and platelets as well as hemoglobin in the blood. Early detection of blood-related disorders and conditions through timely screening and diagnostic testing has become increasingly important for effective treatment and management of various diseases. This has been a major factor propelling the need for automated hematology analyzers across the globe. Furthermore, technological advancements leading to launch of high-performance systems integrated with artificial intelligence (AI) capabilities is expected to drive the hematology analyzer market growth during the forecast period.
Market Dynamics:
The global hematology analyzer market growth is driven by the rising prevalence of blood disorders as well as rapid growth in aging population worldwide who are more susceptible to such conditions. According to the World Health Organization press release published in April 2023, around 1.5 million people die due to diabetes in 2019. Growing awareness among general population regarding early screening and diagnosis is another key factor boosting the adoption of hematology analyzers. Moreover, increasing healthcare expenditure in developing nations provides ample growth opportunities for market players in emerging markets. However, high costs involved in procurement and maintenance of advanced hematology analyzers is a major challenge for market growth. Also, lack of skilled labor in developing regions act as a restraint. On the upside, ongoing development of portable and point-of-care hematology devices is expected to create lucrative opportunities for profitable expansion of market reach.
Key Features of the Study:
- This report provides in-depth analysis of the global hematology analyzer market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global hematology analyzer market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study includes Boule Diagnostics AB, Bio-Rad Laboratories, Danaher Corporation, Sysmex, Horiba Medical, Nihon Kohden Corporation, Siemens AG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Abbott, Drew Scientific, Boule, Diatron, EKF Diagnostics, F. Hoffmann-La Roche Ltd, Cormay Diagnostics, AGD Biomedicals, Pioneer Impex, BIOGENIX INC. PVT. LTD, and Drucker Diagnostics
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global hematology analyzer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hematology analyzer market
Detailed Segmentation-
- Product:
- Consumables & Reagents
- Instruments
- 3 Part Hematology Analyzer
- 5 Part Hematology Analyzer
- 6 Part Hematology Analyzer
- Point-of-care Testing Hematology Analyzers
- Others
- Services
- Modality:
- Fully-automated Hematology Analyzers
- Semi-automated Hematology Analyzers
- End User:
- Hospitals
- Diagnostic Laboratories
- Academic & Research Institutes
- Others
- Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Boule Diagnostics AB
- Bio-Rad Laboratories
- Danaher Corporation
- Sysmex
- Horiba Medical
- Nihon Kohden Corporation
- Siemens AG
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Abbott
- Drew Scientific
- Boule
- Diatron
- EKF Diagnostics
- Hoffmann-La Roche Ltd
- Cormay Diagnostics
- AGD Biomedicals
- Pioneer Impex
- BIOGENIX INC. PVT. LTD
- Drucker Diagnostics
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Modality
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- Regulatory Scenario
- Pricing Analysis
- PEST Analysis
4. Global Hematology Analyzer Market- Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the market
5. Global Hematology Analyzer Market, By Product, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Consumables & Reagents
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Instruments
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- 3 Part Hematology Analyzer
- 5 Part Hematology Analyzer
- 6 Part Hematology Analyzer
- Point-of-care Testing Hematology Analyzers
- Others
- Services
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
6. Global Hematology Analyzer Market, By Modality, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Fully-automated Hematology Analyzers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Semi-automated Hematology Analyzers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
7. Global Hematology Analyzer Market, By End User, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Diagnostic Laboratories
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Academic & Research Institutes
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
8. Global Hematology Analyzer Market, By Region, 2019 - 2031, (USD BN)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Regions, 2020-2031
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD BN)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Company Profiles
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Bio-Rad Laboratories
- Danaher Corporation
- Sysmex
- Horiba Medical
- Nihon Kohden Corporation
- Siemens AG
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Abbott
- Drew Scientific
- Diatron
- EKF Diagnostics
- F. Hoffmann-La Roche Ltd
- Cormay Diagnostics
- AGD Biomedicals
- Pioneer Impex
- BIOGENIX INC. PVT. LTD
- Drucker Diagnostics
10. Analyst View
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact