At a CAGR of 8.58%, Global Blood coagulation analyzer market to grow over Forecast 2016-2020

Albany, NY, Jan 19: A blood coagulation analyzer is a testing device used in clinical laboratories to test the coagulation efficacy of blood and assess bleeding disorders such as hemophilia, Von Willebrand disease (type 1, type 2, and type 3), Factor V Leiden thrombophilia disorder, polycythemia, leukemia, thrombus, and thrombocytopenia. The device is also used to diagnose patients with hemostatic disorders (both congenital and acquired) or identify the condition of thrombosis to treat and reduce complications. Additionally, the device is used to monitor patients who take anticoagulant medicines such as heparin, aspirin, and warfarin due to their side effects. For instance, heparin has to be constantly monitored to prevent the abrupt closing of any coronary artery or bypass graft.

Blood coagulation analyzers are used in many places, such as physician offices, group practices, emergency rooms, operating and recovery suites, ICUs/CCUs, cancer clinics, ambulatory care centers, surgery centers, nursing homes, and birth centers. Vendors are increasingly opting for portable POC coagulation solutions, which help users conduct tests and deliver results at the patient's home. This has led to reductions in cost due to less traveling and time as users do not have to wait for outside lab results to arrive, which is critical for any treatment.

The global blood coagulation analyzer market to grow at a CAGR of 8.58% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global blood coagulation analyzer market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of blood coagulation analyzers globally. The report does not include revenue generated from the aftermarket service of the product.

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Technavio's report, Global Blood Coagulation Analyzer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Abbott Diagnostics
- Danaher
- Roche Diagnostics
- Siemens Healthcare
- Sysmex

Other prominent vendors
- Accriva Diagnostics
- Alere
- A&T Corporation
- Analyticon Biotechnologies
- Cepheid
- Corgenix
- Diagnostica Stago
- Helena Point of Care
- Instrumentation Laboratory
- LABiTec- LAbor BioMedical Technologies
- Nihon Kohden
- Randox Laboratories
- Sekisui Medical
- Sienco
- Sinduri Biotec
- Tcoag
- Thermo Fisher Scientific

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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