Hematology Market | Global Industry Demand and Growth 2019

Posted by Arzan Bhesania on July 12th, 2019

Market Overview:

Hematology analyzers market is estimated to develop at a substantial pace over the forecast period because of the innovations in numerous areas such as genetic therapies, pharmacogenomics, bleeding disorders, hemoglobinopathies, stem cell research, and proteomics. Likewise, factors such as the increase in public awareness and also the consolidation of diagnostic laboratory chains have been driving the expansion of the global hematology market, and the trend is anticipated to continue over the forecast period. Hematology analyzers are created up of many analytical modules with distinctive sample preparation procedures. They help in the diagnosis of several diseases such as viruses, anemia, infections, cancer, genetic problems, and diabetes. It additionally controls the plasma drug level for both illicit medicines and therapeutic drugs. Research establishments, hospitals, and clinical testing laboratories are few of the users of hematology analyzers. Analyzers are specialized computers that determine the various kinds of cellular elements, and its presence and count within the blood samples. All the expressed methods help in screening and analyzing the diseases thus are widely utilized by physicians and doctors globally. This issue is estimated to have a positive impact on the industry over the subsequent seven years.

Market Drivers and Restraints:

Growing adoption rates of automated hematology equipment combined with rising preferences towards high sensitivity hematology testing are estimated to drive the global market over the forecast period. Furthermore, increasing technological development such as the enlargement of high throughput hematology analyzers and the introduction of basic cytometry techniques analyzers have been propelling industry growth, and the trend is anticipated to continue over the subsequent seven years. Nevertheless, intense competition among existing players and the high price of hematology analyzers are supposed to restrain trade growth over the following seven years. Also, time-consuming and strict regulatory policies for hematology instruments are expected to hamper market growth over the forecast period.

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Report segmented as:

By Products:

  • Hematology Analyzers
  • Hematology Reagents
  • Flow Cytomers
  • Hematology cell Counters
  • Slide Stainers
  • Coagulation Analyzers
  • Hematology Testing
  • Centrifuges
  • Hemoglobinometers
  • Others

By Application:

  • Infectious Diseases
  • Cancer
  • Cardiovascular Diseases
  • Blood Screening
  • Diabetes
  • HIV
  • Autoimmune Disorders

Others

By End-users:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories
  • Research and development centers
  • Others

Geographical Analysis:

Geographically the global hematology market is segregated into North America, Europe, Latin America, Asia Pacific, and the Middle East and Asia. North America ruled the market on revenue share in the recent past owing to the high disposable income and implementation of automated hematology instruments by diagnostic laboratories. The Asia Pacific is expected to witness maximum development over the forecast period because of the presence of untapped chance mainly in the developing economies of China and India. Furthermore, growing awareness concerning better health care facilities, increasing occurrences of diseases and growing population in several countries has been boosting the growth of the hematology analyzer market, and the trend is estimated to continue over the subsequent seven years.

Important Market Players:

Major market players in the hematology analyzers market include Abbott Laboratories, Beckman Coulter, HORIBA Ltd, Siemens AG, Sysmex Corporation, Nihon Kohden Corporation, Bio-Rad Laboratories, Bio-Rad Laboratories, Mindray Medical International Ltd., Roche Diagnostics, and Boule Diagnostics AB.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

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Arzan Bhesania

About the Author

Arzan Bhesania
Joined: June 18th, 2019
Articles Posted: 39

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