Hemostasis Diagnostics Market - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017–2025

Hemostasis diagnostics help identify the hemostatic defects that cause excessive bleeding. Hemostasis is a process of slowing and stopping the blood flow to initiate wound healing after a vascular injury and is the key procedure acting in the first line of action adopted by the body. During the process, blood changes its form from fluid state to gelatinous state. Hemostasis is maintained in the body via three mechanisms namely vasoconstriction, platelet plug formation and blood coagulation. The diagnosis helps predict the cause of excessive bleeding during the surgery, identifies hemostatic defects in patients with a history of excessive bleeding. Based on the research articles published by medical experts, the appropriate therapy to treat hemorrhage can be administered of fresh frozen plasma for coagulation defects, Von Willebrand factor concentrates for platelet function defects or antifibrinolytic agents for systemic fibrinolysis.

Rising prevalence of hemophilia drives the hemostasis diagnostics market globally

The critical nature of the procedure in the field of medicine and healthcare has gained prominent position in the hemostasis diagnostics market. According to the National Hemophilia Foundation in 2012, the global incidence of hemophilia is estimated to be 400,000 people. The rise in the prevalence of genetically inherited disorders such as hemophilia, increase in number of surgeries and trauma patients, surge in the usage of recombinant products are the collective factors driving the global market. The growing technological advances in molecular diagnostics, inexpensive and biodegradable diagnostic products, chromogenic substrates, monoclonal antibodies, immunoassays, laboratory automation is estimated radically change the Hemostasis diagnostics market over the following five years.

The global hemostasis diagnostics market is segmented on the basis of product type, technology, end user and geography.

On the basis of product type, the global market is segmented into:

  1. Infusible hemostats
  2. Topical hemostats
  3. Advanced hemostats
  4. Sealants

On the basis of technology, the global market is segmented into:

  1. Optical
  2. Electrochemical
  3. Mechanical

On the basis of end user, the global market is segmented into:

  1. Hospitals
  2. Clinical testing laboratories
  3. Research and academic institutes
  4. Others

North America is the key growth engine in the global hemostasis diagnostics market

Regional segmentation of the Hemostasis Diagnostic Market by Coherent Market Insights comprises North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. According to the Centre for Disease Control and Prevention in 2015, the number of people with hemophilia in the U.S. is estimated to be 20,000. This positions North America as the most dominant region in the global hemostasis diagnostics market, owing to the rise in installed instruments leading to higher sales of reagents and support services. According to The European National Registry of Congenital Coagulopathies in 2017, the number of people identified with hemostasis has increased from 7000 in 2000 to over 11,000 in 2015. Therefore, European market is expected to grow steadily boosting the demand for hemostasis diagnostics. Significant growth of markets in India, China, and Brazil is registering due to rise in health care expenditure, higher affordability, improving technical capabilities and economic development. These markets are expected to attract the global companies for capitalizing on the hemostasis diagnostics market opportunities.

U.S. Beckman Coulter holds over half the U.S. market for Hematology devices

Key players operating in the market are HORIBA, Ltd., Abbott Laboratories, Siemens AG, and Bio-Rad Laboratories, Inc. The high and low end analyzers provided by U.S. Beckman Coulter meet the needs of all hematology testing environment. Other vendors who have adopted ideal product models, business expansion and market appeal strategies are Becton, Dickinson & Company, Grifols S.A, Alere, Inc., F. Hoffmann-La Roche AG, Beckman Coulter Inc. Sekisui, Helena Labor, Chrono-Log, and Axis-Shield.

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.


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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.
  • Scientific journals, and other technical magazines and whitepapers.
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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

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