Hemostasis Diagnostics Market is valued around USD 2228.8 Million in 2018 and expected to reach USD 3948.6 Million by 2025 with the CAGR of 8.1% over the forecast period. Increased prevalence of blood clotting disorders and increase in technological advancements are the key drivers for Global Hemostasis Diagnostics Market.
Hemostasis diagnostics are those devices which help in the identification of hemostatic defects which leads to excessive bleeding. Hemostasis is a mechanism followed by the body after getting injured, it slows down the blood loss and stop the blood flow. This process is followed by three steps which include vasoconstriction, platelet plug formation and blood coagulation. Hemostasis helps in the diagnosis of actual cause of these disorders with history and helps in the treatment. So, during the study of global hemostasis diagnostics market, we have considered product type, test type and end use to analyze the market
Global hemostasis diagnostics market report is segmented on the basis of product type, test type, end use and by regional & country level. Based upon product type, global hemostasis diagnostics market is classified laboratory systems, consumables, and point-of-care testing systems. Based upon test type, global hemostasis diagnostics market is classified as prothrombin time, activated partial thromboplastin time, fibrinogen degradation products, activated clotting time, platelet aggregation test and D dimer. Based upon end user, global hemostasis diagnostics market is classified as hospital/clinics, independent diagnostic, laboratories and other002E
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The regions covered in this hemostasis diagnostics market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Hemostasis Diagnostics is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Hemostasis Diagnostics Market Reports–
Global hemostasis diagnostics market report covers prominent players like Abbott Laboratories, F. Hoffmann-La Roche Ltd., Nihon Kohden Corporation, Thermo fisher Scientific Inc., Danaher Corporation, Sysmex Corporation, Siemens Healthineers, Alere Inc., Instrumentation Laboratory, Grifols S.A. and others.
Increase in the prevalence of blood clotting disorders and technological advancement
The commercialization and growth of global hemostasis diagnostics market over the past 25 years has been highly impactful. One of the major factors driving the growth of hemostasis diagnostics market over the forecast period is increased prevalence of blood clotting disorders such as hemophilia and others. As per Centers for Disease Control and Prevention report, Hemophilia A affects 1 in 5,000 male births and around 400 babies are born with hemophilia A each year. Moreover, increase in technological advancements for the development of advanced products for hemostasis diagnostics are also expected to support the growth of hemostasis diagnostics market over the forecast period. Furthermore, development of advanced diagnostic tools has enables the healthcare professionals to detect the blood clotting factors and provide better treatment are also expected to fuel the growth of hemostasis diagnostics market over the forecast period.
North America is Expected to Dominate the Hemostasis Diagnostics Market
North America dominates the market with highest market share over the forecast period owing to the well established healthcare facilities, high healthcare expenditure and increased awareness about hemostasis diagnostics. Europe is expected to the second largest growing region over the forecast period due to the increased awareness and increased demand of technologically advanced diagnostics. Asia Pacific is expected to be the third largest and fastest growing region of hemostasis market over the forecast period due to the increased awareness among people, increase in product launches and increase in per capita income are expected to promote the growth of hemostasis diagnostics market over the forecast period. Latin America, Middle East and Africa are expected to develop considerably over the forecast period.
Key Benefits for Global Hemostasis Diagnostics Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Hemostasis Diagnostics Market Segmentation –
By Product Type (Laboratory Systems, Consumables, Point-of-Care Testing Systems), By Test Type (Prothrombin Time, Activated Partial Thromboplastin Time, Fibrinogen Degradation Products, Activated Clotting Time, Platelet Aggregation Test, D Dimer), By End User (Hospital/Clinics, Independent Diagnostic, Laboratories, Other)
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