The Electrolyte Analyzers Market is estimated to grow from USD 205.2 million in 2020 to USD 269.6 million by 2026 at a healthy CAGR of 4.7% during the forecast period.
The increasing prevalence of chronic disorders along with technological developments are expected to boost the industry's growth.
- Also, the adoption of an unhealthy diet coupled with bad lifestyle habits such as alcohol consumption and smoking are further anticipated to augment the market growth during the review period.
- However, the high cost associated with advanced electrolyte analyzers as well as stringent regulatory scenarios is likely to hamper the product demand.
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