Hematology Market Size Share Growth Analysis Report 2019
Posted by Shiva on July 22nd, 2019
The Hematology Market was worth $ xx Billion in 2018 and estimated to reach $ xx Million by the end of 2023 with a growing potential of xx %. Hematology describes a branch of medicine, which deals with the diagnosis, treatment and prevention of diseases associated with blood, immunology, vascular systems, bone marrow, and hemostasis. Hematological tests can identify various blood related diseases, leukemia, anemia, blood cancers, autoimmune disorders and others. Hematology constitutes many in vitrodiagnostic techniques such as hemostasis, molecular diagnostics, histology, blood analysis, flow cytometry, which helps to measure various parameters in blood with a higher precision at comparatively lower cost. The market is predicted to show a great potential owing to increasing usage of hematology analyzers and reagents and increasing blood donation campaigns both in developed and developing countries.
Market Drivers and Restraints:
Major factors such as increasing prevalence of blood related disorders, rising use of automated hematology instruments by diagnostics laboratories, Rising R&D expenditure, advancement in technologies, increasing use of flow cytometry in hematology testing are fuelling the growth of the global hematology market. Slow adoption of the advanced hematology analyzers/instruments in the emerging countries, recall of hematology products, and high cost are restricting the growth of the global market.
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Based on Geography, the Hematology market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America dominates the global hematology market due to availability of a large number of diagnostic centers. Increasing R&D expenditure is also propelling the growth of the North America hematology market. Asia is predicted to witness highest growth rate due to improving healthcare infrastructure and expenditure.
Important Market Players:
Some of the major players in the Hematology Market Leaders Siemens AG Healthcare, Johnson & Johnson, Beckman Coulter, Inc, Abbott Laboratories, Thermo Fisher Scientific, Roche, HORIBA Ltd, Sysmex Corporation, Bio-Rad Laboratories Inc. Boule Diagnostics AB, Mindray Medical International Limited.
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About the AuthorShiva
Joined: June 11th, 2019
Articles Posted: 88
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