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Blood Coagulation Testing Market Size Growing rapidly over 6.5 % of CAGR by 2023

September 24th, 2018 Market Research Future Releases

The report gives detail analysis of the market structure along with forecast, market size & share, different segments and developing trends of the industry.

Blood Coagulation Testing market-Overview

Blood coagulation is a process of blood clot formation. In case of patients suffering from chronic and fatal diseases such as haemophilia, liver disease, thrombophilia the process of blood clotting is found is hindered.

Blood coagulants, are natural and synthetic substances that are used to stop blood resulting from an injury or surgery.

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The market for blood coagulation testing is found to exhibit positive growth owing to the rising prevalence of cancer, and increasing demand screening test for chronic diseases.

However, high cost of diagnostic devices is a major factor hindering the growth of the market.

Blood Coagulation Testing market-Key players

  • Hoffmann-La Roche Ltd. (Europe)
  • Alere Inc. (U.S.)
  • Siemens Healthcare Private Limited (Europe)
  • Accriva Diagnostics (U.S.A.)
  • CoaguSense, Inc. (U.S.)
  • HomoSonics LLC. (U.S.)
  • iLine Microsystems. (Europe)
  • Instrumentation Laboratory (U.S.)
  • Sienco, Inc. (U.S.)
  • SenGenix Inc. (U.S.)
  • Bio/Data Corporation (U.S.)

Blood Coagulation Testing market-Key developments

Strategic approaches adopted help the major players to sustain their growth in the market and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players.

Pfizer

July 2016: Pfizer and Western Oncolytics announce immuno-oncology research collaboration. This collaboration was initiated with the aim of investigating novel oncolytic virus technology.

June 2016: Pfizer completed the acquisition of Anacor Pharmaceuticals.

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Hoffmann-La Roche Ltd.

April 2017: F. Hoffmann-La Roche Ltd. received 510(k) clearance from the U.S. FDA for the CINtec Histology test.

March 2017: F. Hoffmann-La Roche Ltd.  launched CE-IVD launch of cobas HPV for use on the cobas 6800/8800 Systems for cervical cancer screening.

August 2015: F. Hoffmann-La Roche Ltd. acquired GeneWEAVE to strengthen offerings in microbiology diagnostics.

Alere

August 2016: Alere opens new diagnostics manufacturing facility in India. By this expansion the Manesar facility will have capacity to double production to more than 300 million tests over time.

July 2015: Alere to sell BBI Group and acquisition of US diagnostics.

Global Blood Coagulation Testing Market

North America dominates the Americas blood coagulation testing market. North America is further segmented into the U.S. and Canada.

The U.S. holds the major share of the market owing to a well-developed economy and the government support for research & development. South America is still a developing region in terms of the infrastructure and technology.

As per the report published by the Centre for Disease Control and Prevention (CDC), in October 2017, around 22,000 males and 9000 females in the United States were diagnosed with liver cancer.

According to American Cancer Society, (2017) About 222,500 new cases of lung cancer (116,990 in men and 105,510 in women) and about 155,870 deaths from lung cancer (84,590 in men and 71,280 in women) in U.S. As per American Cancer Society’s (2017) estimated About 63,990 new cases of kidney cancer (40,610 in men and 23,380 in women) will occur and about 14,400 people (9,470 men and 4,930 women) will die from this disease. According to the WHO estimates, brain associated disorders are responsible for 4.5%-11% of all illnesses including low or high income economies.

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Major Points form TOC for Blood Coagulation Testing Market Research Report – Forecast to 2023

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global Blood Coagulation Testing Market, By Type

Chapter 7. Global Blood Coagulation Testing Market, By Treatment

Chapter 8 Global Blood Coagulation Testing Market, By End User

Chapter 9. Global Blood Coagulation Testing Market, By Region

Chapter 10. Company Landscape

Chapter 11. Company Profiles

Chapter 12. MRFR Conclusion

Chapter 13. Appendix

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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