According to the research report titled ‘Global ESR Analyzer Market Size study, By Product Type (Automated ESR Analyzer, Semi-Automated ESR Analyzer, Manual ESR Analyzer), By End Use (Hospitals, Diagnostic Laboratories, Academic Institutions, Others), and Regional Forecasts 2022-2028’ available with MarketStudyReport, global ESR analyzer market is slated to grow at a rapid rate during 2022-2028.

As per report findings, rising incidence of cancer, increasing use of semi-automatic and automatic ESR analyzers, and recent product releases from top participants are the major growth determinants of global ESR analyzer market.

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For the unversed, the ESR Analyzer also referred to as the Erythrocyte Sedimentation Rate (ESR) Analyzer, is a standard hematological tester used to determine the rate at which red blood cells settle over the course of an hour. The non-specific inflammation brought on by active infection, diabetes, heart disease, cancer, blood disease, kidney disease, and collagen vascular disease is detected by the ESR analyzer.

Furthermore, favorable reimbursement policies, the introduction of automated ESR analyzers, and growing healthcare infrastructure in emerging nations are expected to augment industry outlook in the coming years.

However, the high cost of the product may stifle market expansion during the forecast period.

Based on product type, worldwide ESR analyzer industry is divided into semi-automated ESR analyzer, manual ESR analyzer, and automated ESR analyzer. In terms of end-use ambit, the market is branched into academic institutions, diagnostic laboratories, hospitals, and others.

Regionally, North America industry holds a major market share at present and is slated to register colossal growth during the assessment timeline, owing to rising prevalence of chronic diseases and the existence of well-known participants in the region.

Whereas Asia Pacific market is poised to grow substantially over the anticipated timeframe, owing to booming development of the healthcare space and the rise in the prevalence of blood-related diseases in the region.

Moving to competitive landscape, Sinduri Biotec, ELITechGroup, Diesse Diagnostica Senese S.p.A, Perlong Medical Equipment Co. Ltd., Alifax Srl, Beckman Coulter Inc., Hospitex Diagnostics Srl, Caretium Medical Instruments Co Limited., Thermo Fisher Scientific Inc., and Alcor Scientific Inc. are the leading players in global ESR analyzer industry.