Hemostasis Diagnostics Market Trends, Drivers Opportunities 2022
The global hemostasis diagnostics market size was valued at USD 3.98 billion in 2021 and is poised to grow at a significant CAGR of 9.1% during the forecast period 2022-28. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Hemostasis Diagnostics Market by Product Type (Systems, Consumables, Point-of-Care Testing Devices), By Test Type (Fibrinogen Test, Activated Clotting Time, Platelet Function, Prothrombin Time, Heparin & Protamine Dose-Response Test For ACT, Activated Partial Thromboplastin Time, Anti-Factor Xa, Other Coagulation Tests), By Technology (Optical, Mechanical, Electrochemical, Others), By End-User (Hospitals, Clinics, Diagnostic Centres, Others (POC)) - Global/Region/Country Forecast to 2028”.
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Hemostatic defects can be determined with ease through hemostasis diagnostics. Hemostatic defects lead to excessive bleeding problem. Hemostasis is termed as the stopping or slowing the blood flow from the injured blood vessel. Hemostasis sustained in one’s body by three mechanisms such as vasoconstriction, blood coagulation and platelet plug formation. The blood of the person changes from liquid form to the gelatinous form. Hemostasis diagnostics are of great help in the prediction of blood cause during surgery process by detecting the hemostatic defects in patients. There are several types of tests performed to identify the hemostasis defects such as coagulations tests, activated clotting time, platelet function and prothrombin test.
Growing R&D investments to introduce new devices and tests, technological developments in the hemostasis diagnostics like exact results in less time and growing consciousness regarding hemostasis diagnostics impel the market growth. In addition, increasing cases of blood clotting disorders like haemophilia, introduction of cost-efficient and biodegradable products and increasing surgery cases and trauma patients are also anticipated to foster the growth of the market over the forecast years. But, strict rules for the test approval and high price involved with advanced hemostasis products are projected to restrain the hemostasis diagnostics market growth over the forecast time span.
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Hemostasis diagnostics market is segmented into major regions such as North America, Europe, Latin America, Middle East, Asia Pacific and Africa. North America market is experiencing a considerable growth rate because of well-developed healthcare infrastructure and increasing cases of cardiovascular illnesses. Europe Market is fuelled by increase in occurrence of diabetes and CVDs due to the lifestyle changes, increasing occurrence of hemostasis condition and huge adoption of novel test methods for hemostasis diagnostics are projected to impel the growth of the market. Asia Pacific hemostasis diagnostics market is driving due to the enhancing technological capabilities and the growing R&D activities in economy of this region like Japan. Development in economic growth and increasing foreign investment is fuelling market in Latin America.
The hemostasis diagnostics market key players are Hoffmann-La Roche Ltd. (Switzerland), Sysmex Corporation (Japan), Abbott Laboratories (U.S.), Alere Inc. (U.S.), Siemens Healthineers (Germany), Grifols S.A (Spain) and Beckman Coulter, Inc. (U.S.). Market players adopt some efficient strategies to leverages their position in the market.
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