Coagulation analyzers market

Coagulation Analyzers Market, by Product Type (Analyzers (Clinical Laboratory Analyzers, Point of Care Analyzers) and Consumables (Reagents & Kits, Point-of-care strips), by Test Type (Activated Partial Thromboplastin Time Test, Prothrombin Time Test, D-Dimer Test, Fibrinogen Test and Other Coagulation Tests), by End User (Hospitals, Diagnostic Laboratories, Research Institutes and Others), and by Geography - Global Trends, and Forecast to 2025

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Jan 2018
CMI1255
150 Pages
Excel & Pdf
Medical Devices

Summary

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)

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.

Table of Content

Table of Contents

Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

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)

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers
Restraints
Market Opportunities

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)

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)
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)

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

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

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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- Frequently Asked Questions -

What are the growth estimates for coagulation analyzers market till 2025?

The global coagulation analyzers market is estimated to surpass US$ 13.17 Billion by 2025.

Which are the prominent coagulation analyzers market players across the globe?

Major players operating in the global coagulation analyzers market 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.

What are the key factors hampering growth of the coagulation analyzers market?

Optimization of few tests may differ from one device to another and there may be variation in the data obtained through the use of different devices. This is one of the major factors that is expected to hamper growth of the market over the forecast period

What are the key factors driving growth of the coagulation analyzers market?

Rising prevalence of heart diseases such as atrial fibrillation and blood disorders is one of the major factors that is expected to propel growth of the market over the forecast period.

What is the Compound Annual Growth Rate (CAGR) of the coagulation analyzers market for next 8 years?

The global coagulation analyzers market is estimated to exhibit a CAGR of 9.7% over the forecast period.

Which segment based on product type, accounted for the highest demand in the coagulation analyzers market?

Among product type, clinical laboratory analyzers segment is expected to account for the largest share in the global coagulation analyzers market over the forecast period.