Adult Hemoglobinopathy Testing Market Set to Witness Y-o-Y Growth by 2025

Posted by Bisvjeet on November 16th, 2018

The worldwide market for adult hemoglobinopathy testing is anticipated to gradually gain momentum over the years to follow. In revenue terms, over the assessment time frame 2025, the worldwide market is estimated to account for a market evaluation of US$ XXX.X Million towards the end of 2025. The worldwide market is likely to expand at a X% CAGR all through the calculated period 2025.

Hemoglobinopathy is typically an inherited disease, incorporating genetic disease of hemoglobin predominantly as thalassemia or structural hemoglobin variations. Underdeveloped nations of the Mediterranean region, Africa Southeast Asia and Africa have the maximum occurrence of hemoglobinopathy issue, particularly thalassemia and sickle cell anemia. Increasing awareness in regards to hemoglobinopathy issue combined with different private and public activities is fuelling the expansion of the worldwide market for adult hemoglobinopathy testing.

As hemoglobinopathy is a hereditary cure, there is no lasting cure it. Nonetheless, to fight that, non-government and government policymakers are consistently taking off propel testing strategies for hemoglobinopathy diagnosis, particularly in underdeveloped and emerging economies more inclined to hemoglobinopathy, making a prospect for molecular testing and prenatal diagnostic testing. Additionally, increasing requirement for quick and exact identification tests is projected to give lucrative prospects to new players in the global market combined with research and development exercises, additionally expanding the implementation of hemoglobinopathy testing methods.

Region-wise, in value terms, Europe is an expansive local market for adult hemoglobinopathy testing and is required to have remarkable expansion amid the conjecture time frame. The Asia Pacific excluding Japan market for adult hemoglobinopathy testing is anticipated to show remarkable expansion all through the calculated time frame because of expanding commonness of hemoglobinopathy in the region, especially in India and China. Additionally, with rising migration from Asia, North America has seen an expansion in the hemoglobinopathy recognized cases, in this manner, fuelling the hemoglobinopathy testing market all through the calculated time frame. In the lieu of progressively hemoglobinopathy genotypes, policymakers have been executing a few public wellbeing intercessions including screening programs and hereditary counseling and testing, which will additionally drive the worldwide market for adult hemoglobinopathy testing in the approaching years.

In terms of the variant type, the worldwide market for adult hemoglobinopathy testing is categorized into variant F and variant A2. In terms of the test type, the worldwide market for adult hemoglobinopathy testing is divided into Hb electrophoresis, mass spectrometry and HPLC Test. In terms of the end users, the worldwide market for adult hemoglobinopathy testing is categorized into medical &academic institutes, reference laboratories and hospitals.

Key Players

The prominent market players active in the worldwide market are Bio-Rad Laboratories, Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., BioMedomics, Inc, Chromsystems Instruments & Chemicals GmbH, CapitalBio Technology Inc, Streck, Inc, Trinity Biotech and Others.

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Bisvjeet

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Bisvjeet
Joined: March 7th, 2018
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