Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Global Coagulation Analyzers Market - Insights

Coagulation analyzer is a system used to measure coagulation studies such as APTT (Activated Partial Thromboplastin Time), PT (Prothrombin Time), TT (Thrombin Time), and D-Dimer test in a fast and simple way. These analyzers could provide diagnostic prevention from heart attack including blood clots by measuring various biomarkers present in the blood. Manufacturers are focusing on developing innovative diagnostic tools to improve the speed of diagnosis for patients suffering from various diseases, mostly in the emergency departments, which in turn would benefit patients to start their treatments much earlier and prevent further risks associated with these conditions. Thus, reduction in turnaround time facilitated by coagulation analyzers is expected to have a significant impact on growth of the market.

The global coagulation analyzers market was valued at US$ 2,421.96 million in 2016 and is expected to exhibit a CAGR of 9.7% over the forecast period (2017–2025)

Figure 1. Global Coagulation Analyzers Market Value (US$ Mn) Analysis and Forecast and Absolute $ Opportunity (US$ Mn)

coagulation analyzer market

Source: Coherent Market Insights Analysis (2017)

Rising prevalence of heart diseases such as atrial fibrillation and blood disorders is expected to augment the market growth

Increasing cases of heart diseases and blood disorders is expected to lead to increasing demand for coagulation analyzers. According to the Centre for Disease Control and Prevention, in 2017, heart arrhythmia such as atrial fibrillation affected 2.7– 6.1 million population in the U.S. and this number is expected to increase with increasing geriatric population. This population is at higher risk for blood clots including those that cause ischemic stroke. So, increasing geriatric population has also escalated demand for coagulation testing that facilitates rapid interventions, which is expected to help in optimizing patient therapy.

Reduction in the size of coagulation analyzers has led to increasing adoption of these in ambulatory surgical centers. This is owing to its small size, which can fit almost anywhere in the operating unit and offers same results in less turnaround time, making it hassle free and feasible for the operators. Easy operating and functionality of these devices have also made it convenient for patients to be used at homes, in order to measure their coagulation status. For instance, in May 2016, Hoffmann-La Roche Ltd. launched CoaguChek INRange system, in countries accepting the CE Mark. This system is a Bluetooth enabled PT/INR home health device that helps healthcare providers and patients to check their coagulation status and monitor Vitamin K Antagonist (VKA) therapy.

Handheld Coagulation analyzers and their strips are easy-to-use tools and pose a low risk of hazard during discard, however, these devices are not error-proof. Although,  the results obtained by these devices may not be as specific and sensitive as that offered by the centralized laboratory results. Moreover, optimization of a few tests may differ from one device to another. Thus, just as test results may not be consistent from one laboratory to another, there may be variation in the data obtained through the use of different devices, which is a major factor hampering growth of the coagulation analyzers market.

Manufacturers are focusing on new product launches strategy, which is a prominent factor fueling the market growth

Manufacturers in various regions are focusing on enhancing their market share by creating awareness about its products through various events and introducing new products, along with existing range. In November 2016, Alere supported the Point-of-Care Day event, in which clinicians from across Latin America gathered in Sao Paulo, Brazil to showcase the benefits and best practices in point-of-care testing and encourage its use. Competitors in the coagulation analyzers market are also focused on new product development to enhance its product offerings and market share. For instance, in August 2016, Instrumentation Laboratory commercialized a new prothrombin reagent-HemosIL ReadiPlasTin, in order to expand the company’s broad portfolio of liquid, ready-to-use reagents to help laboratories achieve greater efficiency, while improving patient care.

Some of the key players in coagulation analyzers market are Siemens AG, Thermo Fisher Scientific Inc., Hoffmann-La Roche Ltd., Instrumentation Laboratory, Sysmex Corporation, Beckman Coulter, Inc. (Danaher), Diamond Diagnostics, International Technidyne Corporation, Nihon Kohden Corporation, and Alere Inc.

Coagulation analyzer aids in quantification of blood platelet levels from the patients suffering from various diseases. It provides results in a significantly less duration of time as compared to time required to obtain results from conventional analyzers or systems. Coagulation analyzers offers optimized test results at relatively low costs. The sample collection for these devices is also simple, which has led to increasing adoption of the devices in specialty centers and other healthcare facilities.

Market Dynamics

Coagulation analyzers aid in reducing turnaround time, which aids in early diagnosis and treatment of the disease. This is expected to be a major factor for growth of the market over the forecast period. Although, manufacturers are focusing on developing accurate and sensitive innovative diagnostic products, they are also focusing on developing devices that capable of communicating and connecting with electronic medical records (EMR), and laboratory information systems without human intervention. For instance, in May 2016, Hoffmann-La Roche Ltd. launched CoaguChek INRange system in countries accepting the CE Mark. This system is a Bluetooth enabled PT/INR home health device that helps healthcare providers and patients to check their coagulation status and to monitor Vitamin K Antagonist (VKA) therapy. Furthermore, manufacturers are focusing on introducing cost-effective ready-to-use assays, including PT, APTT, D-Dimer, and antithrombin eliminating reconstitution time, acclimation time that leads to improved efficiency and better patient care.

Key features of the study:

  • This report provides in-depth analysis of coagulation analyzer and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, regulatory scenario, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global coagulation analyzers market based on the following parameters – company overview, financial performance, geographical presence, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Siemens AG, Thermo Fisher Scientific Inc., Hoffmann-La Roche Ltd., Instrumentation Laboratory, Sysmex Corporation, Beckman Coulter, Inc. (Danaher), Diamond Diagnostics, International Technidyne Corporation, Nihon Kohden Corporation, and Alere Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product improvement, market expansion, and marketing tactics
  • The global coagulation analyzers market report caters to various stakeholders in this industry including investors, researchers, coagulation analyzer manufacturers, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the coagulation analyzers market.

Detailed Segmentation:

  • Global Coagulation Analyzers Market, By Product Type:
    • Analyzers
      • Clinical Laboratory Analyzers
      • Point of Care Analyzers
    • Consumables
      • Reagents and Kits
      • Point-of-care Strips
  • Global Coagulation Analyzers Market, By Test Type:
    • Activated Partial Thromboplastin Time Test
    • Prothrombin Time Test     
    • D-Dimer Test
    • Fibrinogen Test
    • Other Coagulation Tests
  • Global Coagulation Analyzers Market, By End User:
    • Hospitals
    • Diagnostic Laboratories
    • Research Institutes
    • Others
  • Global Coagulation Analyzers Market, By Geography:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
    • Asia Pacific
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
    • Africa
      • By Country:
        • North Africa
        • Central Africa
        • South Africa
      • By Product Type:
        • Analyzers
          • Clinical Laboratory Analyzers
          • Point of Care Analyzers
        • Consumables
          • Reagents and Kits
          • Point-of-care Strips
      • By Test Type:
        • Activated Partial Thromboplastin Time Test
        • Prothrombin Time Test     
        • D-Dimer Test
        • Fibrinogen Test
        • Other Coagulation Tests
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Research Institutes
        • Others
  • Company Profiles
    • Siemens AG*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Thermo Fisher Scientific Inc.
    • Hoffmann-La Roche Ltd.
    • Instrumentation Laboratory
    • Sysmex Corporation
    • Beckman Coulter, Inc. (Danaher)
    • Diamond Diagnostics
    • International Technidyne Corporation
    • Nihon Kohden Corporation
    • Alere Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Test Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Regulatory Scenario
    • Technological Advancements
    • Industry Trends
    • PEST Analysis
    • PORTER’S Five Forces
  4. Global Coagulation Analyzers Market, By Product Type, 2017–2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Analyzers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
        • Clinical Laboratory Analyzers
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
        • Point of Care Analyzers
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
        • Consumables
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
        • Reagents and Kits
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
        • Strips
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
  5. Global Coagulation Analyzers Market, By Test Type, 2017–2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Activated Partial Thromboplastin Time Test
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Prothrombin Time Test                        
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • D-Dimer Test
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Fibrinogen Test
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Other Coagulation Tests
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
  6. Global Coagulation Analyzers Market, By End User, 2017–2025, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Diagnostic Laboratories                       
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Research Institutes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017–2025, (US$ Million)
  7. Global Coagulation Analyzers Market, By Region, 2017–2025, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Region, 2017–2025
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • Brazil
        • Mexico
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Test Type, 2017–2025, (US$ Million)
      • Market Size and Forecast, By End User, 2017–2025, (US$ Million)
      • Market Size and Forecast, By Country, 2017–2025, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Siemens AG
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Thermo Fisher Scientific Inc.
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Hoffmann-La Roche Ltd
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Instrumentation Laboratory
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Sysmex Corporation
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Beckman Coulter, Inc. (Danaher)
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Diamond Diagnostics
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • International Technidyne Corporation
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nihon Kohden Corporation
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Alere Inc.
        • Company Overview
        • Product Type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
  9. Section
    • Analyst Views
    • Research Methodology
    • About Us and Sales Contact

*Browse 22 market data tables and 28 figures on "Coagulation Analyzers Market - Global forecast to 2025”.

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