HbA1c Testing Market Size and Forecast to 2031 | Key Players - Abbott, Arkray, PTS Diagnostics, Danaher, Trinity Biotech

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market.

According to the deep-dive market assessment study conducted by Growth+ Reports, the global HbA1c testing market was pegged at ~US$ 1.3 billion in 2020. The market is expected to witness a CAGR of ~8.5% from 2021 to 2031.

Diabetes is one of the major health challenges of the 21st century, as the number of adults living with diabetes has tripled over the past 20 years. The growing prevalence of diabetes is one of the major factors playing a key role in the growth of the HbA1c testing market. According to Diabetes Research Institute Foundation, 34.2 million people, or 10.5% of the U.S. population, have diabetes. In 2018, an estimated 1.5 million new cases of diabetes were diagnosed among U.S. adults aged 18 years or older. HbA1c measures the glycosylation of haemoglobin and provides a measure of the average blood glucose over the approximately 60-day half-life of red blood cells. It's one of the commonly used tests to diagnose prediabetes and diabetes. Therefore, the rising prevalence of diabetes is expected to fuel the growth of the HbA1c testing market.

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Key Players Mentioned in the Global HbA1c Testing Market Research Report:

 Abbott
 Siemens Healthcare Private Limited
 Arkray
 Bio-Rad Laboratories
 F. Hoffmann-La Roche Ltd.
 PTS Diagnostics
 Transasia Bio-Medicals
 Danaher
 Trinity Biotech
 Tosoh Corporation

Global HbA1c Testing Market Segmentation by Products:

• Instruments
• Consumables

Global HbA1c Testing Market Segmentation by Technology:

• Boronate Affinity Chromatography
• Turbidimetric Inhibition Immunoassay
• Direct Enzymatic Assay

Key Reasons to Purchase:

To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the HbA1c Testing Market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.
To understand the outlook and prospects for the market.

Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?

(3) What are the major global HbA1c Testing Market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the HbA1c Testing Market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

(6) What are the market opportunities and threats faced by vendors in the Global HbA1c Testing Market?

Detailed TOC of Global HbA1c Testing Market Growth (Status and Outlook) 2021-2031

1 Scope of the Report

1.1 Market Ecosystem
1.2 Geographic Scope
1.3 Timeline Under Consideration
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered

2 HbA1c Testing Market Executive Summary

2.1 World Market Overview
2.1.1 Global Market Size 2020-2031
2.1.2 Market Size CAGR by Region 2020 VS 2028
2.2 Stem Cells Segment by Type
2.2.1 Type 1
2.2.2 Type 2

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Manan Sethi
Director, Market Insights
Email: enquire@growthplusreports.com
Phone no: +91 96545 76783
Web: https://growthplusreports.com/

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This release was published on openPR.