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Hemoglobin A1c Testing Devices Market 2023 - By Size, Share, Growth, Regional Insights, Analysis Report And Forecast To 2032
Hemoglobin A1c Testing Devices Market
The Business Research Company's Hemoglobin A1c Testing Devices Global Market Report 2023 identifies rising prevalence of diabetes as the major driver for the Hemoglobin A1c Testing Devices market's growth in the forecast period. Diabetes is a chronic metabolic disorder that elevates blood glucose levels. Hemoglobin A1c testing is used in providing information on average blood glucose levels in individuals that are used in the diagnosis of type 2 diabetes, pre-diabetes, and diabetes management, which enables the individuals to monitor the disease and help make treatment decisions to prevent complications.
The global hemoglobin A1c testing devices market size is expected to grow from $1.54 billion in 2022 to $1.72 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hemoglobin A1c testing devices market size is expected to reach $2.56 billion in 2027 at a CAGR of 10.3%.
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Major competitors in the Hemoglobin A1c Testing Devices market are Arkray Inc., Abbott Laboratories, Polymer Technology Systems Inc., Bio-Rad Laboratories Inc.
A key trend in the Hemoglobin A1c Testing Devices market includes product innovations. Major companies operating in the market are focused on developing innovative products to strengthen their position in the market. For instance, in June 2021, Trivitron Healthcare Pvt. Ltd., an India-based medical device company, introduced NANO H5 and NANO H110, advanced diagnostic solutions for HbA1c based on HPLC technology to provide a result within 130 seconds. NANO H5 and NANO H110 are compact, automated HPLC analysers that use ion exchange liquid chromatography to quantitatively determine glycated hemoglobin (HbA1c) in a human whole blood sample. NANO H5 and NANO H110 can process samples up to 5 and 110, respectively. NANO H110 offers advanced facilities such as a barcode scanner and cap piercing with a high sample loading capacity, making the device suitable for medium to large laboratories.
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The Hemoglobin A1c Testing Devices market is segmented -
• By Type: Bench Top Device, Handheld Device
• By Technology: Ion-Exchange HPLC, Immunoassay, Boronate Affinity Chromatography, Direct Enzymatic Assay, Other Technologies
• By End Use: Hospitals, Pharmaceuticals, Medical Devices, Laboratory Testing
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hemoglobin A1c Testing Devices market.
The Business Research Company's "Global Hemoglobin A1c Testing Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hemoglobin A1c Testing Devices Market Include:
1. Executive Summary
2. Hemoglobin A1c Testing Devices Market Characteristics
3. Hemoglobin A1c Testing Devices Market Trends And Strategies
4. Hemoglobin A1c Testing Devices Market - Macro Economic Scenario
5. Hemoglobin A1c Testing Devices Market Size And Growth
……………………………………
26. Africa Hemoglobin A1c Testing Devices Market
27. Hemoglobin A1c Testing Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hemoglobin A1c Testing Devices Market
29. Hemoglobin A1c Testing Devices Market Future Outlook and Potential Analysis
30. Appendix
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