Press release
Sickle Cell Anaemia Testing Market Size, Share, Growth, Forecast and Outlook (2024-2031)
DataM Intelligence
The latest report on the global Sickle Cell Anemia Testing Market indicates a significant growth trajectory, with a valuation of US$ YY million achieved in 2023 and an anticipated surge to US$ YY million by 2031. The market is poised to expand at a commendable Compound Annual Growth Rate (CAGR) of YY% during the forecast period spanning from 2024 to 2031.
Sickle cell disease diagnosis relies on detecting abnormal hemoglobin in the blood, particularly crescent or sickle-shaped red blood cells (RBCs). Common testing methods include Hemoglobin S Solubility Test, Sodium Metabisulfite Test, Hemoglobinopathy (Hb) Evaluation, Genetic Testing (DNA analysis), and DNA Sequencing.
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Market Dynamics: Drivers & Restraints
The rise in sickle cell anemia cases globally is a primary driver propelling market growth. Sickle cell tests play a crucial role in diagnosing the disease and identifying individuals with the sickle cell trait. According to CDC reports, nearly 100,000 Americans are affected by sickle cell disease, with 1 in 365 African-Americans born with the condition annually. The disease also impacts approximately 1 in 16,300 Hispanic-American births. Moreover, in Africa, over 200,000 cases of sickle-cell anemia are reported each year among 300,000 infants born with major hemoglobin disorders.
However, the high cost of advanced testing techniques like Next-generation sequencing (NGS) and DNA microarrays poses a significant restraint to market growth, particularly in resource-constrained settings.
Market Segment Analysis
The market segmentation based on strip type, diabetes type, end-user, and region reveals the dominance of the kits segment, accounting for 54.2% of the market share. Sickle cell anemia kits offer point-of-care testing convenience, particularly suitable for clinics, hospitals, or home use. For instance, the introduction of Mylab Discovery Solutions' PathoCatch Sickle Cell Rapid Test in June 2023 underscores the market's emphasis on swift and accurate diagnosis.
Geographical Analysis
North America is poised to occupy a significant share of the global sickle cell anemia testing market. This dominance is attributed to the region's increasing disease prevalence, advancements in product offerings, and robust government support for research and development initiatives. Screening programs across US and Canadian states ensure early detection, with the introduction of rapid point-of-care tests enhancing accessibility and convenience.
Competitive Landscape
Key players dominating the market include B. Braun Medical Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Terumo Europe NV, Becton and Dickinson Company, Zenroxmed Healthcare, Shenzhen Hawk Medical Instrument Co., Ltd (Hawkmed), Baxter, ICU Medical Inc., Micrel Medical Devices SA, and QuadMed, Inc., among others.
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DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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