Industry Background:
The Coagulation Analyzer is a semi-automated mechanical clot detection system designed for the determination of prothrombin times (PT) and activated partial thromboplastin times (APTT), the fibrinogen concentrations determined by Clauss methodology and other clotting assays. Any clotting based assay, which has fibrin formation as its endpoint can be performed on the Coagulation Analyzer. Measurement can be qualitative or quantitative. When Coagulation Analyzer is used with appropriate reagents the sample can be plasma or whole blood. These analyzers helps to avoid the chances of heart attack, thrombosis and embolism by spotting the presence of blood clots in the blood vessels.
According to AMA Research, the market for Coagulation Analyzer is expected to register a CAGR of 7.9% during the forecast period to 2027. This growth is primarily driven by Rising Prevalence of Heart Diseases.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Medical Devices sector in the Asia Pacific region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Siemens AG (Germany), Thermo Fisher Scientific Inc. (United States), Roche Diagnostics (Switzerland), Alere Inc. (United States), Sysmex Corporation (Japan), Nihon Kohden Corporation (Japan), Diagnostica Stago (France), Helena Laboratories (United States), Instrumentation Laboratory (United States) and International Technidyne Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Haemonetics Corporation announced Thursday it has acquired the outstanding share capital of German blood coagulation test system developer Enicor.
In 2021, Medical device company Trivitron Healthcare has launched in India a new line of coagulation analyzers manufactured by Diagon Ltd., In 2021, Siemens Healthineers and Sysmex Corporation report that they have renewed their long-standing global supply, distribution, sales and service agreements for an extensive portfolio of hemostatic products, including multi-year extensions. In addition, the agreement between the two companies includes Siemens Healthineers to provide a next-generation fully automated solution for medium to high volume coagulation testing, including future deployments of Sysmex's CN-series automated blood coagulation analyzers CN-3000 and CN-6000. laboratory. and In 2019, Nihon Kohden Corporation subsidiary Nihon Kohden Middle East (NKME), establish a hematology analyzer reagent factory.Manufacturers are concentrating on developing innovative diagnostic tools to improve the speed of diagnosis for patients suffering from various diseases, mostly in the emergency departments, which in turn would benefit patients to start their treatments much earlier and prevent further risks associated with these conditions.
Regulatory Insights:
FDA regulates coagulation analyzer as any modifications to indications, hardware, and software.In designing, evaluating, and validating changes made to the intended use setting, hardware, or software, FDA recommends considering the following FDA-recognized consensus standards for the specific device type.
Coagulation Analyzer Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Prevalence of Heart Diseases
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Influencing Trends | - Growing Laboratory Automation
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Restraints | - High Cost of Fully Automated Coagulation Analyzer
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Road Blocks / Challenges | - Slow acceptance of advanced hemostasis instruments in developing economies
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Gaps & Opportunities | - Emerging markets due to increase in healthcare expenditures by developed countries
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Coagulation Analyzer Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Coagulation Analyzer Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Coagulation Analyzer players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Coagulation Analyzer Study Sheds Light on
The Coagulation Analyzer Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Coagulation Analyzer industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Coagulation Analyzer industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.