Coagulation/Hemostasis Analyzer Market is poised to cross USD 4.47 billion in 2021
The Global Coagulation/Hemostasis Analyzer
Market was worth USD 2.8 billion in 2016 and estimated to be growing at a CAGR
of 9.8%, to reach USD 4.47 billion by 2021. Coagulation testing methods are
used for checking the diagnostics of hemostasis. Hemostasis can be defined as
the process in which bleeding is stopped from a blood vessel. Coagulometer is
the instrument used in analysing the coagulation system in a medical
laboratory. Most of the methods used in the laboratories today were developed
more than fifty years ago.
All the medical tests for testing coagulation
systems can broadly be divided into two types, global tests and local tests.
Global tests produce the results for the whole clotting cascade. Examples of
global tests include Thromboelastography, Thrombin generation test and
Thrombodynamics test. They play the key role during the first stage of
diagnostics by providing a detailed analysis of the coagulation cascade. Local
tests generate the results of separate components of blood coagulation cascade.
Examples include Prothrombin time test and Partial Thromboplastin time.
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The Global Coagulation/Hemostasis Analyzer
market is driven by factors such as rising geriatric population, rising number
of people suffering from chronic blood disorders, poor lifestyle choices,
growing incidence of chronic diseases and increase of foreign investments among
others. High rate of expansion of hospitals and healthcare centres is also
propelling the growth of this market in developing nations of Asia-Pacific.
The Global Coagulation/Hemostasis Analyzer
market is divided on the basis of test into ACT, aPTT, d dimer testing, platelet
function test, prothrombin time testing, anti-factor Xa test, heparin and
protamine dose response test for ACT, fibrinogen testing and other coagulation tests. Prothrombin time
testing has the largest market share in this segment and is also the fastest
growing due to increasing automation of this process in laboratories. On the
basis of product, the market is divided into PoC testing analyzers and clinical
laboratory analyzers. Clinical laboratory analyzers has the largest market in
this segment. By end users, the market is categorized into clinical
laboratories, PoC and others. Clinical laboratories has the largest share in
the segment. By technology, the market is segmented into electrochemical,
optical, mechanical and other technologies. Optical segment has the largest
market share and is also the fastest growing in this segment.
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The Global
Coagulation/Hemostasis Analyzer market is divided based on geography into North
America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North
America holds the largest market share in the world due to rising geriatric
population and rising incidence of chronic blood disorders. Europe is expected
to have the second largest share. Asia-Pacific is expected to have the fastest
growth as a result of huge number of patients, booming economy and poor
lifestyle choices.
Some of the major players in
the market include Siemens AG (Germany),
Thermo Fisher Scientific Inc. (U.S.), Roche Diagnostics (Switzerland), Alere
Inc. (U.S.), Sysmex Corporation (Japan), Helena Laboratories (U.S.),
Instrumentation Laboratory (U.S.), International Technidyne Corporation (U.S.),
Nihon Kohden Corporation (Japan) and Diagnostica Stago (France).
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