Coagulation Testing Market Size, Share, Regional Demand and Forecast to 2023Posted by Market Research Future on February 12th, 2020 The global blood coagulation testing market is growing pervasively and rapidly. The increasing prevalence of liver disease, thrombophilia, and hemophilia is a major driving force behind the market growth. Also, the growing incidences of liver failure cases foster the market growth, driving the demand for blood coagulation testing. Furthermore, great technological strides being made in testing devices and substantial investments transpired into R&D activities are in turn, paying off well, escalating the market, globally. Acknowledging the exponential growth, the market perceives currently Market Research Future (MRFR), in its recently published study report asserts that the global blood coagulation testing market will grow exponentially by 2023, registering approximately 6.5% during the assessment period (2017 – 2023). Additionally, factors such as the ever-increasing population, sedentary lifestyle, and urbanization support the Coagulation Testing Market Demand. Improving economic conditions substantiate the market growth, availing access to excellent healthcare and increasing the healthcare expenditures. On the flip side, high costs of these tests and poor reimbursement policies are impeding the market growth, especially in the developing regions. Besides, the unmet clinical needs alongside the unavailability of external funding are obstructing the market growth. Global Blood Coagulation Testing Market – Segments MRFR has segmented its analysis into five key dynamics for the convenience of understanding; By Products : Clinical Laboratory, Automated Testing, and Semi-Automated Testing among others. By Applications : Congenital Bleeding Disorders, Acquired Bleeding Disorders, Von Willebrand Disease, and Hemophilia among others. By Test Types : Testing Kits {segmented into prothrombin time (PT), activated clotting time, D dimer, and fibrinogen (FIB)} and others. By End-Users : Academic Institutions, Hospitals, Diagnostic Laboratories, and others. By Regions : Europe, North America, APAC and the Rest-of-the-World (RoW). Global Blood Coagulation Testing Market – Regional Analysis The North American region is projected to retain its dominance over the global blood coagulation testing market holding the largest market share. A well-developed healthcare sector, increasing prevalence of liver disease, von Willebrand disease (vWF), and hemophilia along with the high per capita healthcare expenditures especially in the US & Canada, drive the market growth in the region. Simultaneously, huge technological advances and increasing government support for research & development are positively impacting the market growth in the region. Furthermore, owing to the presence of prominent market players this market is expected to create a large revenue pocket throughout the forecast period (2017-2023). The European blood coagulation testing market backed by the presence of well-established players and investments transpired into R&D activities, stands at the second largest position, globally. This market is growing due to the well-spread awareness about the various diseases and disorders related to liver, hemophilia, and vWF. Furthermore, initiatives undertaken by private and public organizations to spread awareness towards keeping good health are impacting the market growth positively. The Asia Pacific region is rapidly emerging as a lucrative market for blood coagulation testing. Factors substantiating the growth of the regional market include increasing healthcare expenditures and favorable government policies mainly in India and China. Furthermore, factors supporting the market growth include the substantial investment transpired into R&D activities, huge patient population, rapidly developing healthcare infrastructure and government support. Simultaneously, augmenting demand for quality devices in healthcare is expected to increase the growth of the blood coagulation testing market in the region. Global Blood Coagulation Testing Market – Competitive Analysis Fiercely competitive blood coagulation testing appears fragmented due to many large and small players churning the competition in the market. Through the strategic partnership, acquisition, expansion, product & technology launch, and collaboration, these players try to gain a competitive edge. Key Players: The global blood coagulation testing market is led by some of the fervent players including Alere Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Europe), Siemens Healthcare Private Limited (Europe), CoaguSense, Inc. (U.S.), Accriva Diagnostics (U.S.A.), HomoSonics LLC. (U.S.), Instrumentation Laboratory (U.S.), iLine Microsystems. (Europe), SenGenix Inc. (U.S.), Sienco, Inc. (U.S.), and Bio/Data Corporation (U.S.). Industry, Innovation & Related News October 27, 2018 – A group of Researchers at McMaster University (Canada) published their study of a surface coating that they have developed that can solve a vexing problem in sampling. The new surface coatings can repel everything, such as bacteria, viruses, and living cells, but can be modified to permit beneficial exceptions. The discovery holds significant promise for medical and other applications, especially, making it possible for various blood testing including blood coagulation without risk of infection or blood clotting. The new nanotechnology has the potential to significantly reduce false positives and negatives in medical tests by eliminating interference from non-target elements in blood and urine. Read More @ https://www.marketresearchfuture.com/reports/blood-coagulation-testing-market-970 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Like it? 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