New Report On HbA1c Testing Devices Market 2018 Global Analysis By Key Players - Abbott Laboratories, Transasia Biomedicals, Alere Incorporated, Arkray Incorporated, Bio-Rad Laboratories, Siemens Healthcare, F.Hoffmann-La Roche Limited, Trinity Biotech

Coherent Market Insights has announced the addition of the “HbA1c Testing Devices Market Size Status and Forecast 2026”, The report classifies the global HbA1c Testing Devices Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global HbA1c Testing Devices Speaker market, analyzes and researches the HbA1c Testing Devices Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like Abbott Laboratories, Transasia Biomedicals, Alere Incorporated, Arkray Incorporated, Bio-Rad Laboratories, Siemens Healthcare, F.Hoffmann-La Roche Limited, Trinity Biotech

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Growing diabetes patient population globally is one of the important factor driving the growth HbA1c testing devices market.  According to World Health Organization (WHO), the number of patients with diabetes has increased from 108 million in 1980 to 422 million in 2014. Around 5 million deaths were reported in 2015 due to diabetes and 2.2 million deaths were attributed to high blood glucose level. The data given by International Diabetes Federation showed the expenditure of 673 billion USD on diabetes in 2015. Additionally, rise prescription by physicians for HbA1c test is contributing to the growth of HbA1c testing devices market. Moreover, factors such as growing awareness about diabetes preventive care, rise in geriatric and obese population which are more prone to diabetes, upgrading technologies for management of diabetes are expected to fuel the growth of HbA1c testing devices market. However, some factors are likely to hamper the growth of HbA1c testing devices market, such as high cost of testing devices and limitations for the results of certain population, which include pregnant women, elder people, and non-Hispanic black. HbA1c testing devices market have opportunities in future, due to untapped market and rise in demand for medical tourism.

Wide use of bench top devices in diagnostic laboratories owing to domination of device segment

The global HbA1c testing devices market is segmented by device- type, by technology, by end users, and by region

On the basis of device- type, the HbA1c testing devices market is segmented into

Bench top device
Handled device

On the basis of technology, the HbA1c testing devices market is segmented into

Assay
Enzymatic Assay
Turbidimetric inhibition immunoassay
Chromatography
Ion exchange HPLC
Affinity binding chromatography
Others

On the basis of end users, the HbA1c testing devices market is segmented into

Hospitals
Diagnostic laboratory
Research institutions
Homecare

Rising diabetic population is attributed to the growth of HbA1c testing devices market in Asia Pacific

Regional segmentation of HbA1c testing devices market by Coherent Market Insights comprises of North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The increase in number of patient population in North America is fuelling the growth of HbA1c testing devices market. Furthermore, the factors like established healthcare infrastructure and adoption to the technologically advanced medical devices, are helping North America to dominate in the HbA1c testing devices market. According to recent data given by International Diabetes Federation, there are around 109 million people in China and 69 million people in India with diabetes. The large number of diabetic population, unmet health needs, and development in healthcare sector are fuelling the growth of HbA1c testing devices market in Asia Pacific.

The industry players are likely to get involved in product development for higher accuracy, reliable results, and quicker turnaround time for the analyzers. The factors like product development and approval of devices for diagnosis of diabetes are helping the organizations to hold the maximum share in the HbA1c testing devices market.

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This release was published on openPR.