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Fully Automated Coagulometer Market Poised to Expand at a Robust Pace Over 2028

05-11-2018 02:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Fully Automated Coagulometer Market Poised to Expand at a Robust

A fully automated coagulometer is an automated medical device used in the diagnostic and research laboratories basically aimed to calculate different chemical characteristics in given multiple numbers of biological origin samples and involves minimum human guidance. The analyzed sample data depicts the disease identification and its prognosis. Fully automated coagulometer measures the blood clotting mechanism of hemostasis. The fully automated coagulometer is used to identify blood clotting deficiencies such as thrombocytopenia, thromboembolytic disease, hemophilia, impaired liver function, Von Willebrand disease, and other chronic conditions.

In addition, there are several other applications that use fully automated coagulometer, including adoption in monitoring drug effects for certain types of drugs such as heparin, antiplatelet agents, and oral anticoagulants on whole blood samples, and is also adopted in blood component therapies. Fully automated coagulometer uses blood samples soaked in anticoagulants (sodium citrate). Sodium citrate is ideally preferred as it offers reversible anticoagulant effect. Fully automated coagulometer is used for various types of tests, for instance, prothrombin times, lupus anticoagulant screens, factor assays, partial thromboplastin times, and D dimer assays, among others. On the basis of test type, a different type of substance is added to activate clotting reaction. The analyzing process of fully automate coagulometer is done by evaluating particular light wavelength of sample and changing patterns of light over time.

Rising Automation in Clinical Laboratories

With the advent of time, laboratories have had equipped with a diverse range of analytical instruments that were operated manually until the availability of technologically advanced automated analytical instruments such as fully automated coagulometer, and other miscellaneous analyzers. Automation related to analyzers has made a great impact on the pathological and clinical application procedures. The presence of fully automated coagulometer system has added value to several assays in terms of accuracy and minimal human error and has improved the turnaround time for assay’s results. The first automated analyzer was introduced by Technicon Corporation in 1957. Later, advancement in other industry verticals, including computer sciences and augmentation in clinical chemistry equipment have led to the proliferation of diverse coagulometer ranging from semi-to-fully automated systems.

With the increase in investigations, demanding assistance in monitoring therapy, and disease diagnosis it is expected to exchange manual instruments with fully automated coagulometer systems, so that fast results can be obtained by minimizing the workload along with minimal technical errors. In addition, automation in coagulometer enables to abolish manual-related errors such as results calculation, pipetting steps, and data storage and retrieval steps. A fully automated coagulometer is also advantageous as compared with manual or semi-automated instruments as they use low volume of reagents and samples thereby lowering the cost of consumables used in intermediate steps preparation, and also allow less blood to be drawn from patients.

Fully Automated Coagulometer Market Assessment by Product Type

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Factors Gardening the Growth of the Fully Automated Coagulometer Market

The market for fully automated coagulometer is primarily driven by elevating demand for definite laboratory investigations which led to the expansion of automated laboratory equipment, including fully automated coagulometer and others. Furthermore, increasing demand for instruments enabling early diagnosis of disease conditions, its management, and its monitoring prognosis process are also impelling the growth of the fully automated coagulometer market. Rising prevalence and incidence rate of blood clotting-related disorders, such as hemophilia A and B, Von Willebrand's disease, and Factor II, V, VII, X, or XII deficiencies, are also gardening the growth of the fully automated coagulometer market. Among these disorders Von Willebrand's disease is most common, for instance, according to the estimates of the Centers of Disease Control and Prevention (CDC), Von Willebrand's disease affects 1% of general population and affects both male and female with equal frequency.

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From timeline 2012 to 2016, approximately 14,600 affected patients had undergone the treatment of Von Willebrand's disease. In addition to that improving healthcare infrastructure, proper healthcare reimbursement policies in developed economies are also boosting the growth of the fully automated coagulometer market. However, factors such as high cost of the instrument, complex regulatory framework, and technical complexity concern are hampering the growth of the fully automated coagulometer market. Several complicated concerns have been reported regarding the exposure of infectious pathogens during procedure testing, which could hinder the growth of fully automated coagulometer market.

Regional Market Outlook

On the basis of geography, the global fully automated coagulometer market is segmented into eight key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan and China, Japan, China, and the Middle East & Africa. The market in North America is anticipated to have a large market share, followed by Western Europe, owing to the presence of proper reimbursement policies pertaining to improvement in healthcare facilities.

In addition, factors such as elevating prevalence of blood clotting-related disorders and ease in availability of technologically advanced products are also impelling the growth of the fully automated coagulometer market. Fully automated coagulometer market in China is anticipated to have high CAGR over the forecast period owing to the presence of large population and improving medical facilities. Increasing research and development facilities in Asia Pacific countries, such as Japan and Korea, is also a major driving force in the growth of the fully automated coagulometer market. However, the markets in Latin America and the Middle East & Africa (MEA) are predicted to show stagnant growth over the forecast period.

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Competition Outlook

Examples of some of the players identified in the global fully automated coagulometer market are HemoSonics LLC., Accriva Diagnostics, Meril Life Sciences Pvt. Ltd., Helena Biosciences, Merlin Medical, Grifols, S.A., Erba Mannheim, F. Hoffmann-La Roche Ltd., Instrumentation Laboratory (Werfen Company), Rayto Life and Analytical Sciences Co.,Ltd. , HORIBA, Ltd., Abbott Laboratories, HYCEL MEDICAL, Scientifica Tecnologie Biomediche, BIO GROUP MEDICAL SYSTEM, iLine Microsystems, Maccura Biotechnology Co., Ltd., and Haemonetics Corporation, among others. However, increasing trend of point-of-care testing assays also offers a global opportunity to its manufacturers in terms of sales and marketing.

Small Scale Manufacturers/Providers

Medium Scale Manufacturers/Providers

Large Scale Manufacturers/Providers

HemoSonics LLC.

Meril Life Sciences Pvt. Ltd.

Helena Biosciences

Merlin Medical

Erba Mannheim

Rayto Life and Analytical Sciences Co.,Ltd.

HYCEL MEDICAL

Scientifica Tecnologie Biomediche

Bio Group Medical System

iLine Microsystems

Maccura Biotechnology Co., Ltd.

Horiba, Ltd.

Accriva Diagnostics

Abbott Laboratories

F. Hoffmann-La Roche Ltd.

Grifols, S.A.

Erba Mannheim

Instrumentation Laboratory (Werfen Company)

Haemonetics Corporation

Key data points covered in report

The report covers exhaustive analysis on:

Fully automated coagulometer market by test type, end user and region
Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan and China, Japan, China, and Middle East & Africa by product type, modality, type, end user and country segments
Fully automated coagulometer market dynamics & opportunity assessment
Historical actual market size, 2013 - 2017
Fully automated coagulometer market size & forecast 2018-2028
Fully automated coagulometer current trends/issues/challenges
Competition & companies involved
Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape, market structure, regulatory scenario
Epidemiology outlook for diseases
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value and volume
Market Segmentation

By Product Type

2 Channel Coagulometer
4 Channel Coagulometer
6 Channel Coagulometer
7 Channel Coagulometer
8 Channel Coagulometer
Others
By Modality Type

Stand-Alone Coagulometer
Bench-Top Coagulometer
Handhled/Protable Coagulometer
By End User

Hospitals
Academic & Research Institutions
Contract Research Organization
Diagnostic Laboratories
Others
Research Methodology

The market sizing of fully automated coagulometer will be done by the adoption data triangulation approach. Demand-side approach will be followed to assess the actual market size of fully automated coagulometer. Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Each piece of information is eventually analyzed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

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