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Factor Assays Market with Upcoming Trends Analysis 2019

10-05-2017 01:35 PM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Factor assays are mainly undertaken during prolongation of the Activated Partial Thromboplastin Time (APTT) and Partial Thromboplastin Time (PTT) resulting in the deficiency of one or more clotting proteins. Overall a basic general principle is followed by all functional clotting factor assays that involves specific plotting/clotting time from either PTT or APTT depending on which factor it’s being assayed against sample dilution. A quantitative assay of an individual clotting factor is essential to identify inherited deficiency and to monitor replacement therapy and sometimes helps to distinguish acquired defects e.g. disseminated intravascular coagulation (DIC), vitamin K deficiency, inhibitors.

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Factor assay market can be broadly segmented on the basis of procedures and applications as follows:

Factor assay market, by procedures

Factor II
Factor V/Factor V Leiden
Factor VII
Factor VIII
Factor IX
Factor IXa
Factor X (Stuart Factor)
Factor Xa
Factor XI
Factor XII
Factor XIII
Factor assay market, by applications

Chromogenic substrates
Monoclonal and Polyclonal antibodies
Immunoassays
Microcomputers
Automation
Robotics
DNA probes
Artificial intelligence
Dry chemistry
Biosensors
In a decade, it has been forecasted that growing cost pressures in major industrialized nations and continuous technological advances would drastically change coagulation testing practice. While automated instruments market would supplement the growth of factor assay market with new sensitive and specific markers of homeostasis. Opportunities for application of factor assays will increase mainly into quality control of products and services due to technological development and standardization of its various methods. Decentralization of the factor assay testing would occur due to continuous contraction of hospital system and technical advances that will create additional opportunities and challenges for suppliers.

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North America is the largest factor assay market globally followed by Europe as most of the diagnostic testing is supplemented with technological superiority, R&D investment and increase in acceptance for time efficient testing techniques. Asia-Pacific is the growing market because of periodic shift of R&D functions from companies based in the U.S and Western Europe.

Some of the key players of this market are Abbott, Werfen Group (Instrumentation Laboratory), Avocet Medical, Inc., Beckman Coulter, Inc., Becton, Dickinson and Company, Helena Laboratories, HYPHEN BioMed, Hoffman-La Roche, Seimens AG, Trinity Biotech PLC and others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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