The Fibrinogen Testing Market To Grow Without Abatement

Posted by Merin John on May 12th, 2021

The fibrinogen testing reagents market observes a dynamic nature of consumer preference for each product as part of their operating instrument. Though, there have been no significant technological advancements in the development of reagents since many years now. The applications and usage still remain the same, but the influx of new manufacturers in the fibrinogen testing reagents market surely assures a much more competitive market space than it currently is.

There are several factors for the fibrinogen testing reagents market to grow in the coming years, as bleeding conditions in the US, followed by India and China, are expected contribute to the largest consumer base for fibrinogen testing reagents.

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Company Profiles:

Thermo Fisher Scientific Inc.

Grifols

Helena Laboratories Corporation

Stago

TULIP DIAGNOSTICS (P) LTD

Werfen

Biosystems S.A.

Randox Laboratories Ltd.

Technoclone

Medirox AB

MedTest

Enzyme Research Laboratories(r2 Diagnostics)

Kamiya biomedical Company

Pathway Diagnostics Limited

According to the latest research by PMR, the global fibrinogen testing reagents market is estimated to have accounted for US$ 116.3 Mn in terms of value during 2017. The report on the fibrinogen testing reagents market further projects that, the market is likely to grow at a CAGR of 8.9% during the forecast period 2018-2028.

A majority of key players are reportedly focusing on increasing their shares in South Asian and Latin American markets for fibrinogen testing reagents via strategic mergers and acquisitions involving recognized regional players and investment groups. On the other hand, regional players in the fibrinogen testing reagents market are focusing on entering long-term contractual relationships with direct end users to be able to sustain continuous revenue flow.