Coagulation Testing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Global Coagulation Testing Market: By Product (Clinical laboratory, Automated testing, Semi-automated testing)By Test Type (Automated testing, Semi-automated testing, D-Dimer Testing, Prothrombin Time Testing, Platelet Function Tests, Activated Clotting Time Testing, Anti-Factor Xa Tests, Others), By Technology (Optical Technology, Electrochemical Technology, Mechanical Technology), By Disease Indication (Asthma, Chronic Obstructive Pulmonary Disease (COPD), Pulmonary Arterial Hypertension, Others), By End User (Hospitals and Clinics, Diagnostic Laboratories, Home Care Settings, and Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global coagulation testing market was valued at US $ XX Mn and expected to grow at 8.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024

Market Outline: Coagulation Testing Market

Coagulation is the complex process in which the blood clots are formed and helps to control the bleeding. The coagulation involves a platelet (cellular) and coagulation (protein) factor. When the endothelium (lining of a blood vessel) is damaged, the platelets form a plug at the site of injury, where the proteins in the blood plasma respond in a chemical reaction which results in the formation of fibrin strands that reinforces the platelet plug. There are various bleeding disorders that causes abnormal bleeding, which are either acquired or inherited. By coagulation testing, the time taken for the blood to clot and its ability to clot can be measured.

Market Dynamics: Coagulation Testing Market

Increase in the prevalence of hemostatic diseases and various chronic diseases such as liver diseases and thrombophilia is majorly driving the growth of the coagulation testing market. The technological advancements and developing healthcare infrastructure is attributed for the growth of the coagulation testing market. Life-style related conditions such as obesity, diabetes are expected to drive the growth of the coagulation testing market. However, the high cost involved in the treatment is likely to hinder the growth of the market. The poor reimbursement policies is another factor that is hindering the growth of the market.

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Market Scope: Coagulation Testing Market

Coagulation testing market is segmented based on the product, test type, application, technology, and distribution channel.

Based on the test type, the market is segmented into the following:

1. D-Dimer Testing
2. Prothrombin Time Testing
3. Platelet Function Tests
4. Activated Clotting Time Testing
5. Anti-Factor Xa Tests
6. Others

Based on the application, the market is segmented into the following:

1. Hemophilia
2. Liver Disorders
3. Diabetes
4. Others

Based on the technology, the market is segmented into the following:

1. Optical Technology
2. Electrochemical Technology
3. Mechanical Technology
4. Others

Based on the end user, the market is segmented into the following:

1. Hospitals and Clinics
2. Diagnostic Laboratories
3. Home Care Settings
4. Others

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Regional Analysis:  Coagulation Testing Market

Geographically, global coagulation testing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America coagulation testing market is growing owing to increase in the blood related diseases. According to the Centers for Disease Control and Prevention, hemophilia A affects 1 in 5,000 males. Almost 400 babies are born with hemophilia A every year. With the studies conducted in 1994, about 17,000 people were suffering from hemophilia at that time and currently it’s estimated that there are 20,000 people who would suffer from hemophilia basing on the birth and death rate since 1994. Following the North America are the regions of Europe and Asia Pacific. The Asia Pacific region is expected show the growth in the forecasted period owing to its higher awareness among the patient pool and developing healthcare infrastructure.

Competition Assessment: Coagulation Testing Market

Some of the players in the global coagulation testing market include:

1. Alere Inc. (U.S)
2. Hoffmann-La Roche Ltd. (Europe)
3. Accriva Diagnostics (U.S)
4. CoaguSense, Inc. (U.S)
5. Siemens Healthcare Private Limited (Europe)
6. Bio/Data Corporation (U.S)
7. SenGenix Inc. (U.S)
8. Instrumentation Laboratory (U.S)

Notable Market Developments: Coagulation Testing Market

1. In September 2017, Sysmex has launched the Revohem FVIII Chromogenic, a Coagulation Factor VIII Assay Reagent
2.  

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Key Features of the Report:

1. The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
2. The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
3. The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
4. The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
5. The report tracks recent innovations, key developments and startup’s details that are actively working in the market
6. The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
7. The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
8.  

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