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Hemostasis Diagnostics Market: Advancements in Hemostasis Technology Lead to Development of Wide Range of Products

04-10-2018 05:48 PM CET | Health & Medicine

Press release from: Transparency Market Research

Hemostasis Diagnostics Market: Advancements in Hemostasis

The global hemostasis diagnostics market has been prophesied to bear a largely consolidated characteristic with a high level of rivalry prevailing among top players operating in the industry. According to Transparency Market Research (TMR), one of the most significant growth strategies observed in the market could be research and development. This has been expected to help players to focus more on the introduction of groundbreaking diagnostic techniques. There could also be a rising focus on the expansion of regional outreach, which has been anticipated to call for a tactical involvement of players in strategic alliances and partnerships. Alere Inc., Thermo Fisher Scientific Inc., and Abbott Laboratories could be among the key players of the market.

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A TMR report has envisioned the global hemostasis diagnostics market to grow at an 8.3% CAGR during the forecast tenure 2017-2025. By the final forecast year, the market could earn a revenue of US$3.9 bn. In 2016, it had bagged an around US$1.9 bn. By end user, the hospitals/clinics segment has been predicted to exhibit a larger demand in the coming years. By region, the market could gain growth on the back of the rise of North America as a leading region. In 2016, North America had secured earnings worth a US$0.7 bn.

The world hemostasis diagnostics market has been foreseen to gain a whole lot of significance in the near future on account of the swelling occurrence of blood clotting disorders. Blood disorders related to issues such as blood coagulation and abnormal bleeding could include hemophilia A and B alongside factors II, V, VII, X, or XII deficiencies. The market has been envisaged to enjoy a positive bearing due to the development of a wide array of products taking cue from advancements in hemostasis technology. The advent of various products in the market has allowed clinicians to execute a range of tasks such as detecting clotting factors and quantifying optical density of clots in a cuvette.

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Among most specialists, hemostasis laboratory testing has been a major concern. This could be because of platelet aggregation, activated partial thromboplastin time (APTT), prothrombin time (PT), and other standard assays for clotting not being specific and sensitive to a number of hemostasis disorders. Furthermore, laboratory diagnostics only concerns the blood composition cause of thrombosis which could also arise due to disorders associated with blood flow and vessel wall.

However, the demand for advanced bleeding control techniques, especially for the rising geriatric population has been prophesied to set the tone for a valuable growth of the international hemostasis diagnostics market. As per the World Health Organization (WHO), the global geriatric population could increase to a 1.5 bn by 2050. Moreover, changing lifestyle in emerging countries and the snowballing prevalence of cancer, diabetes, and cardiovascular disease could create ample of opportunities in the foreseeable future.

Report Overview @ https://www.transparencymarketresearch.com/hemostasis-diagnostics-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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