Coagulation Markers Market Set to Reach $1.63 Billion by 2029 with 6.9% Yearly Growth

What industry-specific factors are fueling the growth of the coagulation markers market?
The growing occurrence of blood-related conditions is anticipated to boost the coagulation markers market's expansion. These disorders encompass a variety of illnesses that inhibit the normal functioning of blood. Factors contributing to the increase include an aging population, heightened consciousness, and enhanced diagnosing capabilities. Coagulation markers play a crucial role in identifying and managing these disorders by evaluating clotting functions, recognizing abnormalities, and overseeing the efficacy of treatments for illnesses like hemophilia and thrombosis. For example, data from the Leukaemia Foundation, a non-profit organization based in Australia, estimated that around 135,000 Australians are currently managing a blood cancer or disorder. They anticipate this figure to surge beyond 275,000 by 2035. Hence, the rising incidence of blood disorders is catalyzing the growth of the coagulation marker market.

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What Is the projected market size and growth rate for the coagulation markers market?
The market size of coagulation markers has seen a robust expansion in recent times. It is projected to rise from $1.16 billion in 2024, all the way to $1.25 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The significant growth during the past period is due to several factors such as the surge in cardiovascular diseases, an elderly population, growing number of surgical procedures, greater awareness leading to early diagnosis, government policies and financial support, and a widening healthcare infrastructure.

The market size of coagulation markers is projected to witness robust growth in the upcoming years, expanding to a value of $1.63 billion by 2029 at a compound annual growth rate (CAGR) of 6.9%. Several key factors like an increased prevalence of chronic diseases, the rise in personalized medicine, expanding global population, growing healthcare expenses, and the proliferation of opportunities in emerging markets contribute to this growth in the forecast period. The forecast period will also see significant trends such as the incorporation of artificial intelligence and machine learning, the evolution of new biomarkers, improvements in point-of-care technologies, lab automation, the advancement of wearable health technologies, telehealth and remote patient monitoring, as well as the sustainability in diagnostic methods.

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What new trends are reshaping the coagulation markers market and its opportunities?
Key players in the coagulation markers market are strategizing on the evolution of technologically advanced products, such as D-dimer kits, with the intent of enhancing the speed and precision of identifying conditions linked to blood clots. The D-dimer kits, which are diagnostic instruments, are used to assess the D-dimer level, a protein segment that is formed when a blood clot dissolves. This aids in the detection and evaluation of clot-related diseases such as pulmonary embolism and deep vein thrombosis. For example, Bionote Inc., a biotechnology firm based in the United States, introduced Vcheck D-dimer 5Tests/Kit in July 2024. The Vcheck D-dimer 5Tests/Kit, engineered for veterinary applications, offers 5 tests per kit to gauge D-dimer levels, which is an indicator of the formation and dissolution of blood clots and is used in the diagnosis of conditions like sepsis, thrombosis, and DIC in veterinary clinics.

What major market segments define the scope and growth of the coagulation markers market?
The coagulation markers market covered in this report is segmented -

1) By Product: D-Dimer Assay, Fibrinogen Assay
2) By Sample Type: Plasma, Whole Blood Sample, Other Sample Types
3) By Technology: Fluorescence Immunoassay, Enzyme-Linked Immuno Sorbent Assay (ELISA), Rapid Test, Particle Enhanced Immunoturbidimetric Assay
4) By Application: Deep Venous Thrombosis (DVT), Pulmonary Embolism (PE), Disseminated Intravascular Coagulation (DIC), Trauma, Other Applications
5) By End User: Hospital, Specialty Clinics, Academic And Research Institute, Diagnostics Laboratories

Subsegments:
1) By D-Dimer Assay: ELISA-Based D-Dimer Assay, Lateral Flow Immunoassay D-Dimer Test, Chemiluminescent Immunoassay D-Dimer Test
2) By Fibrinogen Assay: Clauss Fibrinogen Assay, Functional Fibrinogen Assay, Automated Fibrinogen Assay

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North America was the largest region in the coagulation markers market in 2024. The regions covered in the coagulation markers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the coagulation markers industry growth?
Major companies operating in the coagulation markers market are Siemens Healthineers, Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Quidel Corporation, Sysmex Corporation, Bio-Rad Laboratories Inc., Werfen Group, Nihon Kohden Corporation, Randox Laboratories Ltd, Stago Group, Sekisui Diagnostics, Helena Laboratories Italia Spa, Tulip Diagnostics Ltd, Trinity Biotech PLC, CTK Biotech Inc., International Technidyne Corporation (ITC), Diazyme Laboratories Inc., AdvaCare Pharma USA (AccuQuik Test Kits), Technoclone GmbH, BioMedica Diagnostics Inc., Eurolyser Diagnostica GmbH, Goldsite Diagnostics Inc., Hipro Biotechnology Co. Ltd., HYPHEN BioMed

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What Is Covered In The Coagulation Markers Global Market Report?

•Market Size Forecast: Examine the coagulation markers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the coagulation markers market for a structured understanding.
•Key Players Overview: Analyze major players in the coagulation markers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the coagulation markers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the coagulation markers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the coagulation markers market.
•Industry Challenges: Identify potential risks and obstacles affecting the coagulation markers market.
•Competitive Landscape: Review strategic developments in the coagulation markers market, including expansions, agreements, and new product launches.

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