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Hemocytometer Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 124
  • SKU: IRTNTR73818
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The hemocytometer market share is expected to increase to USD 768.3 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.83%.

This hemocytometer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers hemocytometer market segmentation by end-user (hospitals, diagnostic centers, and others) and geography (North America, Europe, Asia, and Rest of World (ROW)). The hemocytometer market report also offers information on several market vendors, including Abbott Laboratories, Agilent Technologies Inc., Aligned Genetics Inc., Antylia Scientific, Beckman Coulter Inc., Bio Rad Laboratories Inc., BRAND GmbH and Co. KG, Corning Inc., Hausser Scientific Co., HORIBA Ltd., Innovatek Medical Inc., Merck KGaA, Paul Marienfeld GmbH and Co. KG, PerkinElmer Inc., Sysmex Corp., and Jambu Pershad and Sons among others.

What will the Hemocytometer Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Hemocytometer Market Size for the Forecast Period and Other Important Statistics

 

Hemocytometer Market: Key Drivers, Trends, and Challenges

The increasing prevalence of infectious and chronic diseases is notably driving the hemocytometer market growth, although factors such as the shortage of skilled professionals may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hemocytometer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Hemocytometer Market Driver

  • One of the key factors driving the global hemocytometer industry growth is the increasing prevalence of infectious and chronic diseases, such as cancer, neurological diseases, and immunological diseases.
  • According to the data provided by the European Commission, the estimated number of lung cancer cases in Austria, Denmark, France, Spain, Italy, and Germany was 5,256; 5,047; 48,299; 29,188; 41,953; and 64,804, respectively, in 2020.
  • According to the data provided by the CDC in 2020, in the US, nearly 29.3 million adults aged 18 years and above were diagnosed with cancer in 2020.
  • The increasing number of cancer cases is driving the demand for advanced diagnostic procedures and the development of therapeutic drugs.  
  • A large number of COVID-19 cases and the rise in the incidence of certain chronic diseases will be driving the growth of the global hemocytometer market during the forecast period.

Key Hemocytometer Market Trend

  • Rapid growth potential in emerging economies is one of the key hemocytometer market trends that is expected to impact the industry positively in the forecast period.
  • The favorable government initiatives, a rise in the number of CROs and research laboratories, the growing number of public and private hospitals, and the increasing demand for advanced technologies are encouraging vendors in establishing their foothold in emerging economies, such as China and India.
  • The increasing availability of raw material suppliers, the low cost of raw materials, and the relatively low cost of workforces are the major factors driving new entrants and established vendors to expand their presence in developing countries.
  • The number of hospitals in China was around 25,400 hospitals in 2020.
  • The growth in the number of large- and mid-sized government and private hospitals in developing economies will boost the demand for several advanced diagnostic procedures, which will drive the market growth.

Key Hemocytometer Market Challenge

  • One of the key challenges to the global hemocytometer industry growth is the shortage of skilled professionals.
  • Hemocytometer devices are often large and complex and require sophisticated techniques for various measurement procedures.
  • The operation of the devices and the analysis of samples require the user to gain considerable training.
  • The companies need to invest heavily in providing training to their employees on how to use these devices effectively.
  • The limited number of such trained professionals is posing challenges to the growth of the market and will likely continue to do so during the forecast period.

This hemocytometer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global hemocytometer market as a part of the global life science tools and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the hemocytometer market during the forecast period.

Who are the Major Hemocytometer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • Agilent Technologies Inc.
  • Aligned Genetics Inc.
  • Antylia Scientific
  • Beckman Coulter Inc.
  • Bio Rad Laboratories Inc.
  • BRAND GmbH and Co. KG
  • Corning Inc.
  • Hausser Scientific Co.
  • HORIBA Ltd.
  • Innovatek Medical Inc.
  • Merck KGaA
  • Paul Marienfeld GmbH and Co. KG
  • PerkinElmer Inc.
  • Sysmex Corp.
  • Jambu Pershad and Sons

 

This statistical study of the hemocytometer market encompasses successful business strategies deployed by the key vendors. The hemocytometer market is concentrated and the vendors are deploying growth strategies such as investment in research and development to compete in the market.

Product Insights and News

  • Abbott Laboratories - The company offers a hemocytometer namely the Cell Dyn analyzer.
  • Agilent Technologies Inc. - The company offers a hemocytometer namely BioTek Cell Count.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The hemocytometer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Hemocytometer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the hemocytometer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Hemocytometer Market?

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34% of the market’s growth will originate from North America during the forecast period. The US is the key market for hemocytometers in North America. Market growth in this region will be faster than the growth of the market in Rest of World (ROW).

The prevalence of several infectious and chronic diseases, the growing presence of pharmaceutical companies, the development of various therapeutic drugs, and the growing adoption of advanced technologies will facilitate the hemocytometer market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The hemocytometer market in North America witnessed moderate growth, especially in 2020, owing to the COVID-19 pandemic. As hemocytometers are mainly used as an important analytical tool during all the stages of drug discovery, the current demand for developing new drugs for treating patients with COVID-19 has increased their uptake by pharmaceutical companies. Hence, the rise in the demand for hemocytometers from major end-users is driving the growth of the hemocytometer market in North America.

What are the Revenue-generating End-user Segments in the Hemocytometer Market?

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The hemocytometer market share growth by the hospitals segment will be significant during the forecast period. The sales of hemocytometers, instruments, and reagents in hospitals will increase owing to the increased number of hospital admittance for surgical care. Tier 1 and Tier 2 hospitals are the major end-users of hemocytometers in the market. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the hemocytometer market size and actionable market insights on post COVID-19 impact on each segment.

 

Hemocytometer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.83%

Market growth 2022-2026

$ 768.3 million

Market structure

Concentrated

YoY growth (%)

9.53

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 34%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Abbott Laboratories, Agilent Technologies Inc., Aligned Genetics Inc., Antylia Scientific, Beckman Coulter Inc., Bio Rad Laboratories Inc., BRAND GmbH and Co. KG, Corning Inc., Hausser Scientific Co., HORIBA Ltd., Innovatek Medical Inc., Merck KGaA, Paul Marienfeld GmbH and Co. KG, PerkinElmer Inc., Sysmex Corp., and Jambu Pershad and Sons

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Hemocytometer Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive hemocytometer market growth during the next five years
  • Precise estimation of the hemocytometer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hemocytometer industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hemocytometer market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Hospitals - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Hospitals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Hospitals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Hospitals - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Hospitals - Year-over-year growth 2021-2026 (%)
    • 5.4 Diagnostic centers - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Diagnostic centers - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Diagnostic centers - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Diagnostic centers - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Diagnostic centers - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Abbott Laboratories
              • Exhibit 89: Abbott Laboratories - Overview
              • Exhibit 90: Abbott Laboratories - Business segments
              • Exhibit 91: Abbott Laboratories - Key news
              • Exhibit 92: Abbott Laboratories - Key offerings
              • Exhibit 93: Abbott Laboratories - Segment focus
            • 10.4 Agilent Technologies Inc.
              • Exhibit 94: Agilent Technologies Inc. - Overview
              • Exhibit 95: Agilent Technologies Inc. - Business segments
              • Exhibit 96: Agilent Technologies Inc. - Key news
              • Exhibit 97: Agilent Technologies Inc. - Key offerings
              • Exhibit 98: Agilent Technologies Inc. - Segment focus
            • 10.5 Bio Rad Laboratories Inc.
              • Exhibit 99: Bio Rad Laboratories Inc. - Overview
              • Exhibit 100: Bio Rad Laboratories Inc. - Business segments
              • Exhibit 101: Bio Rad Laboratories Inc. - Key news
              • Exhibit 102: Bio Rad Laboratories Inc. - Key offerings
              • Exhibit 103: Bio Rad Laboratories Inc. - Segment focus
            • 10.6 BRAND GmbH and Co. KG
              • Exhibit 104: BRAND GmbH and Co. KG - Overview
              • Exhibit 105: BRAND GmbH and Co. KG - Product / Service
              • Exhibit 106: BRAND GmbH and Co. KG - Key news
              • Exhibit 107: BRAND GmbH and Co. KG - Key offerings
            • 10.7 Hausser Scientific Co.
              • Exhibit 108: Hausser Scientific Co. - Overview
              • Exhibit 109: Hausser Scientific Co. - Product / Service
              • Exhibit 110: Hausser Scientific Co. - Key offerings
            • 10.8 HORIBA Ltd.
              • Exhibit 111: HORIBA Ltd. - Overview
              • Exhibit 112: HORIBA Ltd. - Business segments
              • Exhibit 113: HORIBA Ltd. - Key news
              • Exhibit 114: HORIBA Ltd. - Key offerings
              • Exhibit 115: HORIBA Ltd. - Segment focus
            • 10.9 Innovatek Medical Inc.
              • Exhibit 116: Innovatek Medical Inc. - Overview
              • Exhibit 117: Innovatek Medical Inc. - Product / Service
              • Exhibit 118: Innovatek Medical Inc. - Key offerings
            • 10.10 Jambu Pershad and Sons
              • Exhibit 119: Jambu Pershad and Sons - Overview
              • Exhibit 120: Jambu Pershad and Sons - Product / Service
              • Exhibit 121: Jambu Pershad and Sons - Key offerings
            • 10.11 Merck KGaA
              • Exhibit 122: Merck KGaA - Overview
              • Exhibit 123: Merck KGaA - Business segments
              • Exhibit 124: Merck KGaA - Key news
              • Exhibit 125: Merck KGaA - Key offerings
              • Exhibit 126: Merck KGaA - Segment focus
            • 10.12 Paul Marienfeld GmbH and Co. KG
              • Exhibit 127: Paul Marienfeld GmbH and Co. KG - Overview
              • Exhibit 128: Paul Marienfeld GmbH and Co. KG - Product / Service
              • Exhibit 129: Paul Marienfeld GmbH and Co. KG - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 130: Inclusions checklist
                • Exhibit 131: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 132: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 133: Research methodology
                • Exhibit 134: Validation techniques employed for market sizing
                • Exhibit 135: Information sources
              • 11.5 List of abbreviations
                • Exhibit 136: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The hemocytometer market market growth will increase by $$ 768.3 mn during 2023-2026.
              The hemocytometer market market is expected to grow at a CAGR of 10.83% during 2023-2026.
              Technavio has segmented the hemocytometer market market by end-user (Hospitals, Diagnostic centers, and Others) and geography (North America, Europe, Asia, and Rest of World (ROW)).
              Abbott Laboratories, Agilent Technologies Inc., Aligned Genetics Inc., Antylia Scientific, Beckman Coulter Inc., Bio Rad Laboratories Inc., BRAND GmbH and Co. KG, Corning Inc., Hausser Scientific Co., HORIBA Ltd., Innovatek Medical Inc., Merck KGaA, Paul Marienfeld GmbH and Co. KG, PerkinElmer Inc., Sysmex Corp., Jambu Pershad and Sons are a few of the key vendors in the hemocytometer market market.
              North America will register the highest growth rate of 34% among the other regions. Therefore, the hemocytometer market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the hemocytometer market market growth are:
              • Increasing prevalence of infectious and chronic diseases
              • Rapid growth potential in emerging economies
              The hemocytometer market market vendors should focus on grabbing business opportunities from the hospitals segment as it accounted for the largest market share in the base year.
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