The global POC hematology diagnostics market 2018-2022 is expected to post a CAGR of close to 9% during the forecast period, according to the latest market research report by Technavio.
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Technavio has published a new market research report on the global POC hematology diagnostics market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the increasing number of hematology and infectious conditions. With the increase in the number of hematology conditions and infectious diseases such as anemia, sickle cell disease, thalassemia, and malaria, the demand for POC hematology diagnostics is increasing. Rare diseases such as thalassemia lead to a low number of healthy red blood cells owing to which several medical conditions such as bone disease and enlarged spleen can arise.
This market research report on the global POC hematology diagnostics market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the increase in adoption of next-generation hematology diagnostic products as one of the key emerging trends in the global POC hematology diagnostics market:
Global POC hematology diagnostics market: Increase in adoption of next-generation hematology diagnostic products
The increase in adoption of next-generation hematology diagnostic products such as handheld hematology devices and non-invasive hematology testing will help the global POC hematology diagnostics market in the future.
“Next-generation hematology diagnostics are helpful in providing instant results for faster patient care. For instance, Abbott’s i-STAT Alinity provides quick results that help in assessing a patient’s medical condition faster. It contains features such as advanced data manager, which helps to streamline data management and transfer data into decisions,” says a senior analyst at Technavio for research on in-vitro diagnostics.
Global POC hematology diagnostics market: Segmentation analysis
This market research report segments the global POC hematology diagnostics market by product (consumables and systems) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of around 40%, followed by APAC and EMEA, respectively. Factors responsible for driving the growth include the increase in the prevalence of hematology conditions and infectious diseases. The US, Canada, and Brazil held the major share in the region owing to the rise in the prevalence rate of hematology conditions and infections.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Source: Technavio Research