Hemoglobin A1c Testing Devices Market: Increase in Prevalence of Diabetes to Drive the Global Market
In terms of revenue, the global hemoglobin A1c testing market is projected to expand at a CAGR of ~9% during the forecast period, due to numerous factors, about which, TMR offers comprehensive insights and forecasts in the global hemoglobin A1c testing market report.
Read Report Overview - https://www.transparencymarketresearch.com/global-hemoglobin-a1c-testing-market.html
Hemoglobin A1c testing is used to determine and monitor hemoglobin A1c levels in diabetic patients. A1c tests measure average blood glucose over the past two to three months. It is also known as the glycosylated hemoglobin test, glycohemoglobin test, glycated hemoglobin test, or A1c. The growth of the global hemoglobin A1c testing market is expected to be driven by increasing demand for diagnostic tools for point-of-care hemoglobin A1c testing, rise in geriatric population, and high prevalence of diabetes across the globe. Furthermore, increase in the geriatric population is another major factor driving the growth of the hemoglobin A1c testing market. According to the World Health Organization, an estimated 524 million people were aged 65 or above in 2010, which is 8% of the world’s population. The number is expected triple by 2050 to 1.5 billion, representing 16% of the global population.
Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=73900
Ion-exchange High Performance Liquid Chromatography (HPLC) to Dominate Hemoglobin A1c Testing Market
On the basis of technology, the hemoglobin A1c testing market has been segmented into ion-exchange high performance liquid chromatography (HPLC), boronate affinity chromatography, direct enzymatic assay, and others. The ion-exchange high performance liquid chromatography (HPLC) segment accounted for the largest share of the global hemoglobin A1c testing market in 2018. The ion-exchange HPLC segment is projected to dominate the global hemoglobin A1c testing market from 2019 to 2027. Moreover, this segment is expected to expand at a significant CAGR during the forecast period.
HPLC increases ionic strength of buffer, identifies variants, and consumes less time. Hence, the segment is likely to dominate the hemoglobin A1c testing market during the forecast period. The direct enzymatic assays segment is projected to gain share in the hemoglobin A1c testing market from 2019 to 2027, owing to new products being launched by market players. According to the Journal of Nanomedicine Research review (2017), enzymatic HbA1c assays are not interfered by either chemical or genetically modified hemoglobin variants. Therefore, enzymatic hemoglobin A1c testing is highly reliable. Hence, the segment is anticipated to expand at a high CAGR between 2019 and 2027.
Request for Analysis of COVID19 Impact on Hemoglobin A1c Testing Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=73900
Point-of-Care Settings to Expand at Significant Rate
In terms of distribution channel, the laboratory settings segment dominated the global hemoglobin A1c testing market in 2018. Increase in the demand for automated hemoglobin A1c testing analyzers and rise in the number of laboratories offering enhanced diagnostic care services are expected to fuel the growth of the segment in the near future. However, the point-of-care settings segment is expected to expand at a high CAGR during the forecast period. Increase in the use of technologies and reagents in POC settings such as hospitals, clinics, and homecare are expected to drive the segment from 2019 to 2027.
North America to Dominate Global Hemoglobin A1c Testing Market
North America is likely to continue its dominance in the global hemoglobin A1c testing market from 2018, owing to the increase in the demand for direct enzyme assay techniques, technological advancements in the HPLC technology, and rise in the adoption of various chromatographic devices by hospitals, diagnostic labs, and clinics. Europe is expected to be the second-largest market for hemoglobin A1c testing, with Germany holding a prominent market share.
Asia Pacific to Offer Lucrative Opportunities
Asia Pacific is expected to gain significant market share during the forecast period, owing to huge patient population, rise in the demand for automated diagnostic tools and instruments, and increase in awareness about point-of-care testing solutions among healthcare staff. According to the International Diabetes Federation, in 2017, around 120.9 million adults had diabetes, while 8.3 million cases of diabetes were reported in China and Japan, respectively. Furthermore, exponential growth of the medical device industry in India and China, and strengthening healthcare infrastructure, are other factors likely to the boost the growth of the hemoglobin A1c testing market in Asia Pacific.
Purchase Hemoglobin A1c Testing Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=73900<ype=S
The report provides the profiles of leading players operating in the global hemoglobin A1c testing market. Abbott Laboratories, ARKRAY, Inc., Bio-Rad Laboratories, Inc., Polymer Technology Systems, Inc., Danaher Corporation (Beckman Coulter), F. Hoffmann-La Roche Ltd., Menarini Group, Sebia, Siemens Healthineers, Tosoh Corporation, and Trinity Biotech plc are key players operating in the global hemoglobin A1c testing market. These players have adopted strategies such as mergers & acquisitions and R&D investments to increase their share and presence in the global hemoglobin A1c testing market.
More Trending Reports by Transparency Market Research –
Vascular Closure Devices Market : https://www.biospace.com/article/vascular-closure-devices-market-devices-with-biocompatible-stainless-steel-implants-gain-prominence-in-intra-arterial-procedures/
Read our Case study at https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
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 Hemoglobin A1c Testing Devices Market: Increase in Prevalence of Diabetes to Drive the Global Market here
News-ID: 2155305 • Views: 250
More Releases from Transparency Market Research
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals
More Releases for A1c
Hemoglobin A1c Testing Devices Market Growth to be Stimulated by Brisk Technolog …
Testing the levels of glycated hemoglobin provides an assurance to the healthcare practitioner about the patient’s blood glucose level. This test can be used for diagnosis and monitoring of hemoglobin A1c levels in diabetic patients. Since A1C test reflects the average amount of glucose for the past 2 to 3 months, it is opined to be more reliable than conventional blood glucose test. Physicians are increasingly prescribing HbA1c test to
Hemoglobin A1c Testing Devices Market: Future market projections for forthcoming …
Transparency Market Research has published a report on the global hemoglobin A1c testing devices market. As per the report, the global hemoglobin Alc testing devices market is expected to progress from US$0.9 bn in 2012 to US$1.86 bn by 2019. The report, titled ‘Hemoglobin A1c Testing Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019’, states that the global hemoglobin Alc testing devices market
Global Hemoglobin A1c Testing Devices Market: Segmental Highlights and Table of …
Global Hemoglobin A1c Testing Devices Market to Reach US$1.8 bn by 2019 owing to Rising Diabetes Prevalence Transparency Market Research has published a report on the global hemoglobin A1c testing devices market. As per the report, the global hemoglobin Alc testing devices market is expected to progress from US$0.9 bn in 2012 to US$1.86 bn by 2019. The report, titled ‘Hemoglobin A1c Testing Devices Market - Global Industry Analysis, Size, Share,
Hemoglobin A1c Testing Devices Market: Trends and Opportunities for the Industry …
The Global Hemoglobin Alc Testing Devices Market is expected to progress from US$0.9 bn in 2012 to US$1.86 bn by 2019. The report states that the global hemoglobin Alc testing devices market is expected to expand at a 10.30% CAGR during the period between 2013 and 2019. Determining glycated hemoglobin levels assure healthcare professionals about the patient’s blood glucose levels. This test is used for diagnosing and monitoring hemoglobin A1c
Hemoglobin A1c Testing Devices Market to 2019: Trends, Business Strategies and O …
The Global Hemoglobin Alc Testing Devices Market is expected to progress from US$0.9 bn in 2012 to US$1.86 bn by 2019. The report states that the global hemoglobin Alc testing devices market is expected to expand at a 10.30% CAGR during the period between 2013 and 2019. View Full Report: http://www.transparencymarketresearch.com/hemoglobin-a1c-testing.html Determining glycated hemoglobin levels assure healthcare professionals about the patient’s blood glucose levels. This test is used for diagnosing
Hemoglobin A1c Testing Devices Market :New Market Research Report Announced; Glo …
The global hemoglobin A1c testing devices market will expand at a CAGR of 10.3% from 2013 to 2019. This market was valued at US$0.94 bn in 2012 and owing to its current and expected drivers, will reach US$1.86 bn by the end of 2019.The latest data on the global hemoglobin A1c testing devices market is maintained in a research report released by Transparency Market Research, titled “Hemoglobin A1c Testing Devices