Global Blood Testing Market Research Report: By Test Type (Complete Blood Count, Blood Chemistry Tests, Enzyme Tests), Disease (Anemia, Infection, Leukemia,), Method (Manual, Automated), End-User (Hospitals, Diagnostic Center) – Global Forecast Till 2023. Market estimates include pre- and post-COVID-19 impact on the Blood Testing Market
Blood Testing Market Overview
Blood testing is common these days. A doctor can prescribe blood tests when the patient has regular checkups to see how their body is working. Many blood tests require no special arrangements. For others, one needs to fast 8 to 12 hours before and during the test. A doctor will advise how to brace for blood tests. A tiny drop of blood is drawn from the body during every blood check. Using a needle it is normally taken from a vein in neck. A finger poke could also be used. The process is typically fast and simple, but it can induce some temporary pain. Many patients have no significant reactions to having blood taken.
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Home blood test kits are evolving, and their uses are expanding. Tests are used to help diagnose a wide array of illnesses, ranging from STDs and ulcers to Alzheimer’s and tumors. Patients with long-term health problems can use home blood testing kits to reliably track their symptoms, such as diabetics monitoring for checking blood glucose levels, and people interested in their heritage can purchase genetic test kits easily. During 2017 to 2023, the worldwide blood testing market is projected to rise at a CAGR of about 5.5 per cent.
Although simplicity and confidentiality still are key factors driving the blood testing market, the quality and pace of having a result that modern tests provide is vitally important. People are becoming progressively aware of the value of their own wellness and health and are seeking and expecting more personalized healthcare experiences which has led the market to grow at a significantly higher rate. Analysts believe that the market for blood testing is set to retain the pace and the future for the market is secure.
Blood Testing Market Key Players
Some of the key players in the global Blood Testing market are Abbott Laboratories Inc. (U.S.), Baxter International (U.S.), Gen-Probe, Inc. (U.S.), Novartis Diagnostics (U.S.), Becton Dickinson & Company (U.S.), Biomerica, Inc. (U.S.), Cepheid Corporation (U.S.), Meridian Bioscience, Inc. (U.S.), Trinity Biotech (U.S.), Bio-Rad Laboratories Inc. (U.S.), Siemens Healthcare (Germany), Grifols (Spain), Nanosphere Inc. (U.S.), bioMérieux (France), Roche Diagnostics (Switzerland), Alere Inc. (U.S.), Bruker Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.) Beckman Coulter (U.S.), Cardinal Health (U.S.), Danaher Corporation (U.S.), Trividia Health (U.S.), and others.
Blood Testing Market Segmentation
Global blood testing market was fragmented by test type, method, disease, and end-user. Based on the test type, the global market for blood testing has been categorized into lipid panel testing, glucose testing, direct LDL testing, Blood Urea Nitrogen testing, Prostate Specific Antigen testing, high sensitivity C-Reactive Protein testing, A1C testing, Vitamin D testing, thyroid stimulating hormone testing, testosterone testing, alt testing, creatinine testing, AST testing, serum nicotine/cotinine testing, cortisol testing, and others. Based on the type of disease, the market is further segmented into infection, anemia, kidney disorders, leukemia, heart attack, hypokalemia, coronary heart disease, and other diseases. Based on method, the global market for blood testing has been segmented into manual and automated blood culture testing. Additionally, the market has been segmented based on end users which include clinics, research labs, hospitals, diagnostic centers, and others.
Blood Testing Market Regional Overview
The global market for blood testing, on the basis of regions, has been segmented into Europe, the Americas, the Middle East and Africa, and Asia-Pacific. The market study at the company level looks at the production output, ex-factory rate, production sites, manufacturing techniques, sales and profitability for the key market players active in this sector. The report analyzes product consumption, market dynamics and potential opportunities for growth in various regional markets. The research report includes comprehensive data on the key drivers and restraining factors of the blood testing market, business opportunities and threats, as well as other trends that may affect growth in the future.
Blood Testing Industry News
Health experts across the world are demanding widespread COVID-19 blood testing which can decide whether an individual who has the coronavirus is immune now. Experts conducting blood sample analysis of healthcare workers, saythat the accuracy rate of the test is high although there are still concerns as to how long the immune response of an individual to the infection lasts.
TABLE OF CONTENT
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
….Continued
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