High quality coagulation analyzers can measure a coagulation pathway speed, as well as thrombolin and thromboplastin levels in a few minutes. According to a recent research report from TMR Research, the global coagulation analyzer market is expected to display a high growth rate in the near future. End users of the market include hospitals, clinical laboratories, patient self-testing centers, and others.
According to the report, the key factor driving the market for coagulation analyzers is the increasing global population base suffering from chronic blood diseases and lifestyle-associated disorders. The rising awareness about these conditions is expected boost diagnostic rate and measures for preventive care, and increase testing volume. Other factors boosting the market's growth include
- Government funding for the installation of medical devices into public healthcare facilities
- The rising geriatric population
- Increasing prevalence of chronic diseases, and
- Increasing foreign investment in developing economies
Based on product type, the clinical laboratory product segment accounted for the largest share of the in the recent past, while consumables are expected to account for a significant share of the market in the future due to the increasing testing volume and development of new assays. Optical technology is expected to account for the highest share of the market during the forecast period.
By region, North America is the largest regional market and is expected to contribute substantial revenue to the global market in the near future. Factors driving the growth of this regional market include favorable healthcare norms combined with the rising prevalence of cardio-metabolic disorders such as pulmonary embolism (PE) and deep vein thrombosis (DVT).
Due to the presence of an adequate number of hospitals, clinics, and health centers backed by skilled healthcare personnel that are equipped to deliver safe and effective services, the Middle East and Africa regional segment is expected to display significant growth. Focused on the expansion of healthcare services, governments of several countries in this region are focusing not only on modernization of existing hospitals but also on the development of new healthcare centers.
Key manufacturers in the market include Siemens Healthcare, Instrumentation Laboratory, Roche Diagnostics, Thermo Fischer Scientific, Sysmex Corporation, International Technidyne Corporation, Alere Inc., Beckman Coulter Inc., and NIHON KOHDEN.