Platelet Aggregation Devices Market| The Rising Prevalence of Chronic Diseases

According to Precision Business Insights (PBI), the latest report the global platelet aggregation devices market is expected to be worth USD 479.6 million in 2022 and is projected to grow at an 8.5% CAGR from 2022 to 2028. The global Platelet Aggregation Devices Market growth is driven due to several significant factors, such as the growing prevalence of target diseases, the increasing elderly population, increasing technological development in relation to platelet aggregators, and a growing number of clinical studies and industry-academia partnerships. According to the World Health Organization (WHO) report, the worldwide population aged 60 years and above is growing. In 2017, it was 952.0 million, projected to rise to more than 1.5 billion by the end of 2040.

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The Systems Segment is Dominating the Platelet Aggregation Devices Market:
Based on the product, the platelet aggregation devices market is segmented into systems, reagents, consumables, and accessories. The Systems segment is anticipated to grow at a significant CAGR over the forecast years, owing to several factors, including ongoing technological developments in the field of sensors and detectors, a growing trend toward automating platelet aggregation testing procedures, a rise in the adoption of and market preference for automated instruments among diagnostic laboratories, and better patient compliance provided by point-of-care testing analyzers as compared to conventional devices.

North America Leads Platelet Aggregation Devices Market:
North America is expected to hold a significant market share in the global Platelet Aggregation Devices market. It is projected to grow at a prominent growth rate over the forecast years owing to a growing number of surgical procedures performed each year, a growing patient population for target diseases (such as arthritis, leukemia, and hemophilia), a strong presence of device manufacturers in the area, a growing awareness among medical professionals of the advantages of platelet aggregation testing in disease diagnosis, and the availability of sizeable investments to support R&D programs that use platelet.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
Global Platelet Aggregation Devices market further reveals that the key players increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance,In February 2022, Futura Surgicare Pvt Ltd expanded its product portfolio by introducing hemostatic products under the brand name Hemostax (Oxidised Regenerated Cellulose) under a new vertical, Dolphin Hemostats. Hemostax Standard is an absorbable hemostat aimed to help surgeons control bleeding more efficiently.

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By Product
o Systems
o Reagents
o Consumables and Accessories

By Application
o Clinical Applications
o Research Applications

By End User
o Hospitals
o Diagnostic Laboratories
o Other End Users

By Geography
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)

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Key players' profiles in the platelet aggregation devices market report are AggreDyne, Inc., Bio/Data Corporation, Chrono-Log Corporation, F. Hoffmann-La Roche Ltd, Haemonetics Corporation, Siemens Healthcare GmbH, Werfen, Sysmex Corporation, Sienco, Inc., Drucker Diagnostics, Heamochrom Diagnostica GmbH, Grifols, S.A.

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