openPR Logo
Press release

Comprehensive Study on Hemoglobin Testing Devices Market 2025 | Top Companies like - Abbott, Roche, B. B. Bayer medical care, Biorad, Danaher, EKF Diagnostics

04-02-2020 07:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport.com
Hemoglobin Testing Devices Market

Hemoglobin Testing Devices Market

Market Study Report LLC adds New Global Hemoglobin Testing Devices Market 2020 to 2025 research report providing information and data By Product, Technology, By Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 160 Pages with table and figures in it.

Anemia is a major public health problem affecting both the developing as well as the developed countries. Increasing prevalence of anemia across the globe is one of the major factors augmenting hemoglobin testing devices market growth. As per statistics, about 1.6 billion people across the globe are affected by anemia. Moreover, increasing government initiatives with the aim to create awareness regarding the ill effects of anemia will further boost demand for hemoglobin testing devices, thus augmenting industry growth.

Request a sample Report of Hemoglobin Testing Devices Market at: https://www.marketstudyreport.com/request-a-sample/2419630/?utm_source=OPR.com&utm_medium=SP

Hemoglobin Testing Devices Market size is expected to exceed USD 5.3 billion by 2025. Increasing incidence of anemia and rising technological advancements will propel the hemoglobin testing devices market growth in the coming years.

Some major findings of the hemoglobin testing devices market report include:

o Increasing prevalence of anemia and other blood related disorders across the globe will serve as a high impact rendering factor for hemoglobin testing devices market growth

o Technological advancement in hemoglobin analyzers along with growing inclination towards point of care testing will ensure better healthcare outcomes

o Major players operating in the hemoglobin testing devices market include Abbott, B. B. Bayer medical care, Biorad, Danaher, EKF Diagnostics and Roche

o Competitors focus on research and development activities to modify and innovate hemoglobin testing devices, will significantly drive revenue growth.

The demand for point of care testing is continuously rising, as more test are developed, and several clinicians are adopting them for regular diagnostics. In various situations, point of care hemoglobin testing devices might suitably replace traditional laboratory testing, including several areas of health care where a very rapid hemoglobin measurement might be required to make an immediate therapeutic decision. Moreover, leading players such as Abbott, EKF Diagnostics and Danaher are commercializing point of care hemoglobinometers in the industry for efficient results. Hence, increasing demand coupled with growing commercialization of such devices will depict significant growth of the industry across the projected years. However, product recalls due to inaccuracy in test results might impede business growth up to a certain extent.

UK hemoglobin testing devices market is estimated to witness lucrative growth of 7.5% across the analysis period. High growth is attributable to increasing prevalence of blood related disorders. Moreover, increasing adoption of point of care hemoglobin testing devices will further augment regional growth. Additionally, increasing R&D activities associated with hemoglobin testing solutions will further boost product demand. Also, rising government initiatives to raise awareness among the population about various hemoglobin tests is another major factors boosting market growth.

Product segment is bifurcated into equipment and consumables. The equipment segment is further categorized into point of care and laboratory analyzers. Laboratory analyzers are expected to witness steady growth of 4.7% during the analysis period. Laboratory-based analyzers for hemoglobin testing are usually used in research institutes and few hospitals for anemia and glucose testing. Increasing R&D activities to enhance treatment solutions for anemia and other blood related disorders is one of the chief factors propelling laboratory analyzers business growth.

Spectrophotometry segment accounted for USD 1.9 billion in 2018 and will witness significant growth during the analysis timeframe. Technology segment includes chromatography, spectrophotometry and immunoassay. Spectrophotometry is the recent technique implemented in the hemoglobin analyzers that evaluate results based on the capacity of compound to absorb light over a certain range of wavelength. As per, International Committee for Standardization in Hematology (ICSH), this technique has been considered as the most appropriate way of diagnosing blood related disorders. Hence, the aforementioned factors will significantly propel business growth across the forecast timeframe.

End-use segment is classified into hospitals, clinics, laboratories, home care settings and blood banks. Clinics segment held around 22.7% revenue share in 2018 and is poised to show tremendous growth during the forthcoming years. Increasing establishment of clinics in developed as well as developing economies will boost segmental growth. Moreover, growing preference among the population for diagnostic clinics owing to presence of state-of-the-art facilities will further propel business growth.

Few notable companies operating in hemoglobin testing devices market include Abbott, B. Bayer medical care, Biorad, Danaher, EKF Diagnostics and Roche. Industry players are implementing numerous strategies to expand the geographic presence and strengthen market position. For instance, in May 2018, Abbott announced the launch of Afinion 2 analyzer in the U.S. The Afinion 2 analyzer is a compact multi-assay, rapid platform that simplifies and streamlines the readings of hemoglobin A1c in the human blood, thus delivering accurate results at the point of care. These strategic initiatives assisted the company to expand its hemoglobin testing device's portfolio.

Table of Contents:

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Hemoglobin testing devices industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Technology trends

2.1.4. End-use trends

2.1.5. Regional trends

Chapter 3. Hemoglobin Testing Devices Industry Insights

Chapter 4. Hemoglobin Testing Devices Market, By Product

Chapter 5. Hemoglobin Testing Devices Market, By Technology

Chapter 6. Hemoglobin Testing Devices Market, By End-use

Chapter 7. Hemoglobin testing devices Market, By Region

Chapter 8 Hemoglobin Testing Devices Market Company Profiles

Ask for Discount on Hemoglobin Testing Devices Market Report at: https://www.marketstudyreport.com/check-for-discount/2419630/?utm_source=OPR.com&utm_medium=SP

Contact Us:
Market Study Report LLC.
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: www.marketstudyreport.com
Blog: www.marketstudyreport.com/

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Comprehensive Study on Hemoglobin Testing Devices Market 2025 | Top Companies like - Abbott, Roche, B. B. Bayer medical care, Biorad, Danaher, EKF Diagnostics here

News-ID: 1997286 • Views: 341

More Releases from marketstudyreport.com

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases


More Releases for Hemoglobin

Glycated Hemoglobin Testing Market : Lucrative Opportunities
Organizations fabricating basic diagnostic gadgets are concentrating on encouraging items for viable tests. The utilization of glycated hemoglobin during detection of diabetes illness, mellitus keeps on picking up pace, making an enduring interest for glycated hemoglobin testing. The current report provide details regarding the worldwide glycated hemoglobin testing market. It conveys a figured point of view towards developing interest regarding these diagnosis in detecting of predominant issue, for example, diabetes.
Global Hemoglobin Analyzers Market Research Report
This report studies the global Hemoglobin Analyzers market status and forecast, categorizes the global Hemoglobin Analyzers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report EKF Diagnostics HemoCue ManthaMed ApexBio Boditech Med Inc. CERAGEM Medisys DiaSys Diagnostic Systems GmbH Fenwal Fresenius Kabi
New Trends and Key Developments in Glycated Hemoglobin Testing Market
Global glycated hemoglobin testing market is projected to reach a valThe global glycated hemoglobin testing market is segmented on the basis of type, technique, end user, and region.ue of over US$ 650 Mn in 2026 at a CAGR of 8.6% over the forecast period. Glycated hemoglobin testing is used to measure concentration of blood glucose in individuals. HbA1c, is a chemical form of glycated hemoglobin, a protein within red blood
Global Hemoglobin Analyzer Market Insights, Forecast to 2025
This report studies the global market size of Hemoglobin Analyzer in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hemoglobin Analyzer in these regions. This research report categorizes the global Hemoglobin Analyzer market by top players/brands, region, type and end user. This report also studies the global Hemoglobin Analyzer market status, competition landscape, market share, growth rate, future
Glycated Hemoglobin Testing Market: Prevalence of Diabetes to Bolster Demand for …
Organizations fabricating basic diagnostic gadgets are concentrating on encouraging items for viable tests. The utilization of glycated hemoglobin during detection of diabetes illness, mellitus keeps on picking up pace, making an enduring interest for glycated hemoglobin testing. The current report provide details regarding the worldwide glycated hemoglobin testing market. It conveys a figured point of view towards developing interest regarding these diagnosis in detecting of predominant issue, for example, diabetes.
Glycated Hemoglobin Testing Market: Prevalence of Diabetes to Bolster Demand for …
Organizations fabricating basic diagnostic gadgets are concentrating on encouraging items for viable tests. The utilization of glycated hemoglobin during detection of diabetes illness, mellitus keeps on picking up pace, making an enduring interest for glycated hemoglobin testing. The current report provide details regarding the worldwide glycated hemoglobin testing market. It conveys a figured point of view towards developing interest regarding these diagnosis in detecting of predominant issue, for example, diabetes.