Coagulometers Market Size(Volume & Value), Growth and Development Trends 2017-2025

The report analyzes and presents an overview of "Coagulometers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Coagulometers” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Coagulation is a process wherein certain proteins and blood cells together create a gel-like clot to stop bleeding from a damaged or leaking blood vessel. Coagulometer is a device that is used to evaluate the efficiency of blood factors to form a clot. Coagulometers are widely used across the globe to diagnose hemophilia and other genetic hematological diseases. They are also used to monitor the progression of treatment with anti-coagulants in affected patients. These devices detect the time taken for coagulation in an ambient environment. Before the introduction of semi-automated and automated coagulation analyzers, these tests were performed manually. They involved high cost, skilled labor, and high probability of errors.

There has been rise in the incidence and prevalence of blood disorders such as hemophilia for the last few years. According to Centers for Disease Control & Prevention (CDC) in the U.S., around 400 newborn babies are estimated to have hemophilia every year. According to National Hemophilia Foundation of the U.S., around 400,000 people across the globe are estimated to be living with hemophilia. Another bleeding disorder called von Willebrand disease is estimated to have prevalence of 1% among general population. This high prevalence of blood disorders is estimated to drive the demand for more diagnostic tools. This, in turn, is likely to fuel the global coagulometers market during the forecast period. Moreover, there is rising consumption of anti-coagulant drugs such as aspirin and heparin, coagulometers are used to monitor the treatment progress in those patients. This factor is likely to propel the coagulometers market from 2017 to 2025. However, high cost of these devices diverts potential users toward manual coagulation testing, which is projected to restrain the global coagulometers market during the forecast period.

The global coagulometers market can be segmented based on product type, technology, channel type, aesthetics, end-user, and region. In terms of product type, the market can be divided into automated and semi-automated coagulometers. Based on technology, the market can be divided into mechanical detection, photo-optical detection, electrochemical detection, and others. Most of the automated coagulometers work on the principle of photo-optical or electrochemical detection. This is estimated to result in a significant share held by these segments. The others segment includes combination of the above-mentioned technologies and other innovative methods. Based on channel type, the market can be segregated into single-channel, double-channel, and multichannel coagulometers. Multichannel coagulometers are widely used in diagnostic laboratories and hospitals, which is projected to result in a prominent share held by the multichannel coagulometers segment in the global coagulometers market.

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Based on aesthetics, the global coagulometers market can be segmented into portable and bench-top models. Based on end-user, the market can be divided into hospitals & diagnostic laboratories, home care settings, and research institutes. The hospitals & diagnostic laboratories segment is projected to account for a major share of the global coagulometers market from 2017 to 2025.

Geographically, the global coagulometers market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to hold a major share of the global market during the forecast period, owing to high adoption of technology and high expenditure on health care by public and private sectors in the region. Europe is anticipated to account for a significant share of the global market during the forecast period, due to high prevalence of blood disorders in the region. Local governing bodies in Asia Pacific are investing in the development of health care facilities and academic research institutes in the region, which is projected to propel the market in the region during the forecast period.

Major players operating in the global coagulometers market are HORIBA, Ltd., Abbott, Tridema Engineering S.r.L., Erba Group, ratiolab, Maccura Biotechnology Co., Ltd., Bioline Technologies, SYCOmed e.K., Siemens Healthcare GmbH, Zymed, F. Hoffmann-La Roche Ltd., and Rayto Life & Analytical Sciences Co., Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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