Hemostasis Diagnostics Market - Global Industry Analysis

Hemostasis Diagnostics Market

Global Hemostasis Diagnostics Market: By Type, Size, Share, Industry Growth Analysis and Forecast, 2017—2024

Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3726 Published Date: Jan-2019 Status : Published

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Hemostasis is a process of slowing down or stopping bleeding from damaged blood vessels during this process the blood changes from liquid to a gelatinous state. It is the first stage of wound healing. Hemostasis devices are used to detect hemostatic defects that can lead to excessive bleeding. The entire process of hemostasis has three steps: blood coagulation, vasoconstriction, and platelet plug formation. Hemostasis diagnostics also help in finding out the bleeding cause during surgical procedures by identifying the hemostatic defects.

The major factor that is likely to drive the hemostasis diagnostics market over the forecast timeframe is the increased prevalence of hemostasis disorders, such as hemophilia. As per the Centers for Disease Control and Prevention Report 2016, hemophilia A affects 1 in 5000 infants and around 400 babies are born with hemophilia annually. The increased occurrence of genetically inherited diseases is likely to fuel the hemostasis diagnostics market in the foreseeable future. Moreover, high investment in research and development is projected to drive the development of new and advanced products over the estimated years. Furthermore, technological advancements and increase acceptance of advanced technology are predicted to create new growth opportunities for the players operating in the hemostasis diagnostics market over the estimated timeline. However, the high cost of advanced hemostasis devices and stringent regulatory policies regarding the approval of these diagnostics might hamper the hemostasis diagnostics market in the future.

Global Hemostasis Diagnostics Market

The hemostasis diagnostics market is classified into product type, end user, and test type. By product type, the hemostasis diagnostics market is segmented into laboratory systems, consumables, and point-of-care testing systems. By test type, the hemostasis diagnostics market is segmented into prothrombin test time (PT), activated partial thromboplastin time (APTT), fibrinogen degradation products (FDP), activated clotting time, platelet aggregation test, and D dimer. By end-user, the hemostasis diagnostics Market is segmented into hospital and clinics, independent diagnostic laboratories, and home care settings.

By region, the hemostasis diagnostics market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to dominate the global hemostasis diagnostics market over the forecast timeline, owing to the presence of developed countries, such as the U.S. and Canada. The European market is expected to closely follow the North American market in terms of revenue. The Asia Pacific is likely to register the fastest rate of growth over the forecast time period.

The major players of the global hemostasis diagnostics market include Siemens Healthineers, Abbott Laboratories, Instrumentation Laboratory, Thermo Fisher Scientific Inc., Alere Inc., Nihon Kohden Corporation, Sysmex Corporation, Danaher Corporation, F. Hoffmann-La Roche Ltd., and Grifols S.A. 

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