Coagulation/Hemostasis Analyzer Market worth USD 360 million by 2021.

Posted by rohan on October 26th, 2017

The Global Coagulation/Hemostasis Analyzer Market was worth USD 2.8 billion in 2016 and estimated to be growing at a CAGR of 9.8%, to reach USD 4.47 billion by 2021. Coagulation testing methods are used for checking the diagnostics of hemostasis. Hemostasis can be defined as the process in which bleeding is stopped from a blood vessel. Coagulometer is the instrument used in analysing the coagulation system in a medical laboratory. Most of the methods used in the laboratories today were developed more than fifty years ago.

All the medical tests for testing coagulation systems can broadly be divided into two types, global tests and local tests. Global tests produce the results for the whole clotting cascade. Examples of global tests include Thromboelastography, Thrombin generation test and Thrombodynamics test. They play the key role during the first stage of diagnostics by providing a detailed analysis of the coagulation cascade. Local tests generate the results of separate components of blood coagulation cascade. Examples include Prothrombin time test and Partial Thromboplastin time.

The Global Coagulation/Hemostasis Analyzer market is driven by factors such as rising geriatric population, rising number of people suffering from chronic blood disorders, poor lifestyle choices, growing incidence of chronic diseases and increase of foreign investments among others. High rate of expansion of hospitals and healthcare centres is also propelling the growth of this market in developing nations of Asia-Pacific.

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The Global Coagulation/Hemostasis Analyzer market is divided on the basis of test into ACT, aPTT, d dimer testing, platelet function test, prothrombin time testing, anti-factor Xa test, heparin and protamine dose response test for ACT, fibrinogen testing  and other coagulation tests. Prothrombin time testing has the largest market share in this segment and is also the fastest growing due to increasing automation of this process in laboratories. On the basis of product, the market is divided into PoC testing analyzers and clinical laboratory analyzers. Clinical laboratory analyzers has the largest market in this segment. By end users, the market is categorized into clinical laboratories, PoC and others. Clinical laboratories has the largest share in the segment. By technology, the market is segmented into electrochemical, optical, mechanical and other technologies. Optical segment has the largest market share and is also the fastest growing in this segment.

Key points from TOC:

• Introduction
• Research Methodology
• Overview
• Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
• Market Segmentation
• Strategic Analysis
• Market Leaders' Analysis
• Competitive Landscape
• Market Outlook and Investment Opportunities  

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The Global Coagulation/Hemostasis Analyzer market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America holds the largest market share in the world due to rising geriatric population and rising incidence of chronic blood disorders. Europe is expected to have the second largest share. Asia-Pacific is expected to have the fastest growth as a result of huge number of patients, booming economy and poor lifestyle choices.

Scope of the report:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Some of the major players in the market include  Siemens AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Roche Diagnostics (Switzerland), Alere Inc. (U.S.), Sysmex Corporation (Japan), Helena Laboratories (U.S.), Instrumentation Laboratory (U.S.), International Technidyne Corporation (U.S.), Nihon Kohden Corporation (Japan) and Diagnostica Stago (France).

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