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Hematology Diagnostic Devices And Equipment Market Report 2024 Analysis, Size, Share And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Hematology Diagnostic Devices And Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.7 billion In 2028 At A CAGR Of 11.4% :
The hematology diagnostic devices and equipment market size has grown rapidly in recent years. It will grow from $2.15 billion in 2023 to $2.41 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to clinical diagnostics, blood banking, oncology and hematological disorders, monitoring disease progression.
The hematology diagnostic devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $3.7 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to aging population, personalized medicine, rising blood-related disorders, hematological biomarkers. Major trends in the forecast period include technological advancements, point-of-care hematology testing, automation and integration, telemedicine and remote monitoring.
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Hematology Diagnostic Devices And Equipment Market Major Segments
The hematology diagnostic devices and equipment market covered in this report is segmented -
1) By Product: Instruments, Consumables
2) By Instruments: Analyzers, Flow cytometers, Other Instruments
3) By Consumables: Reagents, Stains, Other Consumables
4) By Application: Drug Testing, Auto-Immune Disease, Cancer, Diabetes Mellitus, Infectious Disease, Other Applications
5) By End User: Hospitals, Specialized Diagnostic Centers, Specialized Research Institutes
Key Driver - Growing Impact Of Blood Disorders To Drive Market Growth
Hematology diagnostic devices are driven by the increase in the prevalence of blood disorders. Hematology diagnostic devices are widely used to identify the type of blood disorder. A blood disorder is a condition which is impacting the count of the blood cells like red blood cells, white blood cells, platelets, etc. Blood disorders affect millions of people each year across the world irrespective of age, race, and sex. For instance, according to the World Health Organization, Hemoglobin disorder is affects 75% of the total births globally and the prevalence of Anemia is 12.7% in men.
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Prominent Trend - Automation Technology Revolutionizes Hematology Diagnostic Devices And Equipment Market
Companies in the field of hematology diagnostic devices are increasingly investing in automation technology. Automation technology advancements are driving the demand for hematology analyzers, and this automation will reduce the errors caused by manual practices in diagnostic centers. For example, top companies like Sysmex acquired a CLIA waiver for a new automated hematology analyzer, and by selling this product, Sysmex makes it possible for clinical facilities to perform hematology testing without any manual errors. CLIA regulations establish quality standards for laboratory testing performed on specimens from humans, such as blood, body fluid, and tissue, for diagnosis, prevention, or treatment of disease, or assessment of health.
Hematology Diagnostic Devices And Equipment Market Players
Major companies operating in the hematology diagnostic devices and equipment market include Abbott Diagnostics, Beckman Coulter Inc., Bio-Rad Laboratories Inc., Drucker Diagnostics Inc., Horiba Ltd., Instrumentation Laboratory Inc., Siemens Healthcare, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., F.Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., HemoCue AB, Mindray Medical International Limited, NORMA Group, Danaher Corporation, Edan Instruments Inc., Novo Nordisk, Sysmex Corporation, Fluidigm Corporation, CellaVision, Maccura Biotechnology Co., DY mind Biotech, Balio Diagnostics, BioSystems Diagnostics Pvt. Ltd., Wiener Lab, Accurex Biomedical Pvt. Ltd., ARKRAY USA, Boule Diagnostics AB, DermaFlow, Diagnostics Holdings, Diatron Group, EKF Diagnostics Holdings, Grifols, S.A., ICU Medical Inc., Nihon Kohden Corporation, Ortho Clinical Diagnostics, PixCell Medical, STRATEC Biomedical AG, Terumo BCT, Z-Medica Corporation
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Largest And Fastest Growing Region In The Market
North America was the largest region in the global hematology diagnostics devices and equipment market in 2023. Asia-Pacific was the second-largest region in the hematology diagnostics devices and equipment market. The regions covered in the hematology diagnostic devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Hematology Diagnostic Devices And Equipment Market Report Structure
3. Hematology Diagnostic Devices And Equipment Market Trends And Strategies
4. Hematology Diagnostic Devices And Equipment Market - Macro Economic Scenario
5. Hematology Diagnostic Devices And Equipment Market Size And Growth
…..
27. Hematology Diagnostic Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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