Glycated Albumin Assay Market Insights

Glycated albumin is the higher glycated portion of fructosamine. It is measured by a standardized enzymatic methodology, which is easy to perform. Glycated albumin is considered as a potential tool for the diagnosis of diabetes. This glycated albumin is a better marker of short-term glycemic control than glycated hemoglobin (A1C) test. According to an article published in the National Center for Biotechnology Information (NCBI), 2016, glycated albumin assay is the efficient way to reduce diabetic complications and manage diabetic patients by early diagnosis.

The global glycated albumin assay market was estimated to be valued at US$ 428.1 million in 2019, and is expected to exhibit a CAGR of 7.7% during the forecast period (2019-2027).

Figure 1. Global Glycated Albumin Assay Market Share (%), By Product Type

Glycated Albumin Assay  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing research and development activities, in order to develop novel diagnostic approach for diabetes and regulatory approval for such assay and tests are expected to be major factors driving growth of the global glycated albumin assay market over the forecast period

Increasing research and development activities for development of albumin assay test is expected to drive market growth over the forecast period. According to the article published in Journal of Laboratory and Precision Medicine in September 2019, glycated albumin appears to have potential as a glycation index in diagnosing and screening diabetes parameters such as evaluating glycemic control status especially for patients with end-stage renal disease (ESRD) and pregnant women as a predictor of diabetic complications

Moreover, increasing launches of digital healthcare platform by key players operating in the market is expected to propel the segment growth. For instance, in November 2016, Epinex Diagnostics, Inc. launched ‘Am I Diabetic’ mobile phone app for iPhone and android devices, on the occasion of National Diabetes Month. The function of this app is to provide educational information and awareness about diabetes.

Rising adoption of inorganic growth strategies such as collaborations by key players, in order to develop and launch innovative glycated albumin assay is expected to drive the market growth.  For instance, in July 2018, Ortho Clinical Diagnostics (Ortho) entered into collaboration with Diazyme Laboratories, Inc. to introduce its three new Microtip Partnership Assays (MSA) such as Glycated Serum Protein (GSP), Lipoprotein (a) (Lp (a)), and Cystatin C assays.

Launch of glycated hemoglobin assay for diagnosing diabetes mellitus is expected to hamper the global glycated albumin assay market growth

Continuous research and development in assay technology has led to approvals and introduction of better and affordable products in the field of clinical diagnosis. For instance, in June 2019, Abbott received the U.S. FDA approval for its Afinion HbA1c Dx assay, a rapid point-of-care test for the diagnosis of diabetes. The test delivers accurate and precise1,2 glycated hemoglobin (HbA1c) results. The Afinion HbA1c Dx assay, used for monitoring and diagnosis, complements the Afinion HbA1c assay, which is used for monitoring only. However, launching of such advanced glycated hemoglobin assay is expected to hinder the glycated albumin assay market growth over the forecast period.

Global Glycated Albumin Assay Market- Regional Analysis

On the basis of region, the global glycated albumin assay market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to hold a dominant position in the market, owing to increasing prevalence of diabetes in North America. For instance, according to the U.S. Centers for Disease Control and Prevention (CDC), in 2017, over 100 million adults were diagnosed with diabetes and prediabetes. Furthermore, according to CDC, as of 2015, around 30.3 million adults (9.4% of total U.S. population) suffered from diabetes and another 84.1 million suffered from prediabetes.

Moreover, Europe glycated albumin assay market is expected to witness significant growth over the forecast period, owing to the availability of CE marked glycated albumin assay in Europe. For instance, the glycated albumin assay, Lucica Glycated Albumin-L, developed by Asahi Kasei Pharma is available in the Europe market. The company received CE marking for Lucica Glycated Albumin-L in 2015

Figure 2: Global Glycated Albumin Assay Market Share (%), By Region

Glycated Albumin Assay  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Global Glycated Albumin Assay Market - Competitive Landscape

Key players operating in the global glycated albumin assay market include Asahi Kasei Corporation, Diazyme Laboratories, Inc., LifeSpan BioSciences, Inc., Biomatik Corporation, Abbexa Ltd., Geno Technology, Inc., DRG International, Inc., AMS Biotechnology (Europe) Limited, Abnova Corporation, Ethos Biosciences, Inc., Epinex Diagnostics Inc., DxGen Corp., and PathShodh Healthcare Private Limited

Glycated albumin assay is used in the clinical management of diabetes, which measures and monitors the glycated serum proteins (glycated albumin). Glycated albumin assay is point-of-care test offering various advantages over the conventional diagnostic techniques for diagnosis of diabetes, and which makes it cost-effective and reliable over conventional assay techniques. 

Market Dynamics

There are various laboratory tests such as glycated hemoglobin (A1C), fasting plasma glucose (FG), and two-hour plasma glucose (2hG) used to diagnose diabetes mellitus. Glycated hemoglobin (A1C) assay is another major laboratory reference test for glycemic monitoring in diagnosis of diabetes mellitus (DM). However, glycated hemoglobin (A1C) assay is not recommended in certain clinical conditions, as it influences hemoglobin metabolism. Increased hemoglobin metabolism results in high glycation of proteins in the body, which represents biochemical abnormality in the body. To overcome this issues, many research institutes and laboratories are adopting glycated albumin assay as laboratory test for diagnosing DM. Moreover, GA assay have gained significant traction in last decade due to its advantages and benefits over glycated hemoglobin assay.

Glycated assay dose not influenced by the concentration of other serum proteins, as it is specific to albumin glycation rates. Moreover, the test does not require fasting conditions to measure and reflects the short term glycemia, due to half life time of albumin. Unlike glycated hemoglobin assay, the presence of hemolytic processes and abnormal Hb in body the does not alter the functioning of GA assay. Furthermore, glycated albumin assay have proven to be more effective marker than glycated hemoglobin assay in conditions such as anemia, pregnancy, postprandial hyperglycemia, and DM

Thus, advantages of glycated albumin assay are expected to drive growth of the global glycated albumin assay market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the global glycated albumin assay market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2019-2027), considering 2018, as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrixes for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles leading players in the global Glycated Albumin Assay Market based on the following parameters – company overview, financial performance, technology portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Asahi Kasei Corporation, Diazyme Laboratories, Inc., LifeSpan BioSciences, Inc., Biomatik Corporation, Abbexa Ltd., Geno Technology, Inc., DRG International, Inc., AMS Biotechnology (Europe) Limited, Abnova Corporation, Ethos Biosciences, Inc., Epinex Diagnostics Inc., DxGen Corp., and PathShodh Healthcare Private Limited
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future technology launches, governmental initiatives, technological up-gradation, market expansions, and marketing tactics
  • The global Glycated Albumin Assay Market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers in the global ophthalmic viscoelastic devices industry, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Glycated Albumin Assay Market, By Product Type:
    • Human Glycated Albumin Assay
    • Animal Glycated Albumin Assay
  • Global Glycated Albumin Assay Market, By Application:
    • Diagnostics
      • Prediabetes
      • Type 1 Diabetes
      • Type 2 Diabetes
    • Research
  • Global Glycated Albumin Assay Market, By End User:
    • Hospital
    • Diagnostic Centers
    • Research Centers
    • Others
  • Global Glycated Albumin Assay Market, By Region:
    • North America
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Human Glycated Albumin Assay
        • Animal Glycated Albumin Assay
      • By Application:
        • Diagnostics
          • Prediabetes
          • Type 1 Diabetes
          • Type 2 Diabetes
        • Research
      • By End User
        • Hospital
        • Diagnostic Centers
        • Research Centers
        • Others
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Asahi Kasei Corporation
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Diazyme Laboratories, Inc
    • LifeSpan BioSciences, Inc.
    • Biomatik Corporation
    • Abbexa Ltd
    • Geno Technology, Inc.
    • DRG International, Inc
    • AMS Biotechnology (Europe) Limited
    • Abnova Corporation
    • Ethos Biosciences, Inc.
    • Epinex Diagnostics Inc.
    • DxGen Corp.
    • PathShodh Healthcare Private Limited

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

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • 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
    • Market Trends
    • Key Developments
    • Mergers and Acquisitions
    • Regulatory Scenario
    • Reimbursement Scenario
    • PEST Analysis
  4. Global Glycated Albumin Assay Market, By Product Type, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Human Glycated Albumin Assay
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Animal Glycated Albumin Assay
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  5. Global Glycated Albumin Assay Market, By Application, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Diagnostics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
        • Prediabetes
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
        • Type 1 Diabetes
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
        • Type 2 Diabetes
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Research
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  6. Global Glycated Albumin Assay Market, By End User, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospital
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Diagnostic Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Research Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  7. Global Glycated Albumin Assay Market, By Region, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Asahi Kasei Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Diazyme Laboratories, Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • LifeSpan BioSciences, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Biomatik Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Abbexa Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Geno Technology, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • DRG International, Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • AMS Biotechnology (Europe) Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Abnova Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Ethos Biosciences, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Epinex Diagnostics Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • DxGen Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • PathShodh Healthcare Private Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 32 market data tables and 35 figures on "Glycated Albumin Assay Market” - Global forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users