Coagulation Analyzers Market Size 2022-2028- Rising Awareness About Early Diagnosis To Drive Market Growth
Rising awareness about timely diagnosis of blot clots to add growth impetus to coagulation analyzers market
The global coagulation analyzers market size was valued at USD 5.1 billion in 2020 and is expected to grow at a CAGR of 10.6% over the forecast period.
A coagulation analyzer could provide diagnostic prevention against blood clots that can potentially induce a heart attack. To test coagulation pathway velocity as well as thrombolin and thromboplastin levels in as little as a few minutes, a coagulation analyzer can be used. A coagulation analyzer is designed specifically to test a large number of patients, allowing up to 600 patient tests per well to be stored. Micro coagulation systems use bar-coded cuvettes to speed up assay completion and proper identification, avoiding the need to encode each test sample separately. With the sensitive nature of patient health information, to ensure safe and secure use, advanced coagulation analyzers come with built-in quality control and security lockout protocols.
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Key Highlights from the Report
- The market is segmented into hospitals, testing centres, research institutes and others on the basis of end users.
- In 2020, the clinical laboratory segment had the largest share. For routine haematological examination of patients, clinical laboratory analyzers are usually used in hospitals.
- The largest share of consumables in the commodity category. All tests require the existence of reagents, so large inventories or repeated orders of these materials are placed by hospitals, resulting in greater demand. It is anticipated that the sales of these consumables will increase the amount of research and the development of new assays.
- Due to sufficient hospitals, health centres, and clinics, the Asia Pacific coagulation analyzer market is expected to experience a lucrative growth rate. With economic growth and improved access to healthcare in countries with large populations such as India and China, more people are paying more attention to their health, generating growth opportunities for the industry.
- Some of the key industry players include Abott, Alere, Helena laboratories, Instrumentation Laboratory, Roche, Siemens, Stago, Sysmex and Thermofisher.
- Roche presented its cobas t 711 coagulation analyzer at the China International Import Expo in 2020. The analyzer, equipped with intelligent Walk Away Reagent Control, is designed to be capable of completely automatic and scheduled reconstitution of reagents. The product also helped boost the coagulation pipeline of Roche’s business in China.
- Analyzers have held a commanding share of total sales in 2020 and are projected to rise over the forecast period at a significant CAGR.
- The highest market share over the forecast period is expected to be held by optical technology. Due to the combination of immunological, chromogenic and photo-optical techniques that have resulted in the development of high-performance, multipurpose optical haemostasis analyzers, this growth is expected.
- The D-dimer segment was projected to account for the largest share in terms of test form.
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Segments Covered in the Report
This report forecasts revenue growth and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2028. For the purpose of this study, Reports and Data has segmented the global coagulation analyzers market on the basis of product, technology, test type, end-use, and region:
Product Outlook (Revenue, USD Million, 2018 - 2028)
- Clinical Laboratory Analyzers
- Point of Care Analyzers
Technology Outlook (Revenue, USD Million, 2018 - 2028)
Test Type Outlook (Revenue, USD Million, 2018 - 2028)
End-Use Outlook (Revenue, USD Million, 2018 - 2028)
- Research Institutes
- Diagnostic Centres
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Regional Outlook (Revenue, USD Million, 2018 - 2028)
- North America
- The U.S.
- The U.K.
- Asia Pacific
- Latin America
- South Africa
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
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- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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