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Impact of COVID-19 on HbA1c Testing Market 2020, Trends, Growth Insight, Size, Share, Competitive Analysis, Statistics, Regional, And Global Forecast To 2025

June 10th, 2020 Market Research Future Releases

HbA1c Testing  Market Analysis  

The global HbA1c testing market is likely to touch USD 1,992.44 million at a 12.24% CAGR between 2019- 2025, as per Market Research Future’s (MRFR) new report. HbA1c or hemoglobin A1c test is a blood test used to diagnose and monitor type 1 & type 2 diabetes. This is a protein that links with sugars like glucose that is found in red blood cells. Patients having diabetes have a high level of HbA1c in their body as this form during the process called glycosylation that includes glucose conversion into glycogen, especially for storage purposes.

Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/8517

Various factors are adding to the global HbA1c testing market growth. Such factors, according to the new MRFR report, include investment in R&D for novel drugs, improved drug delivery, sedentary lifestyle, obesity, and improper diet. Besides, increasing geriatric population, rising prevalence of diabetes, increased scope of medical tourism, growing awareness to manage diabetes, proliferated diagnostic laboratories, especially in remote locations of China and India, and demand for handheld analyzers are also adding market growth.

On the contrary, strict government rules and regulations, inaccuracy in testing, and high cost are factors that may limit the HbA1c testing market growth over the forecast period.

HbA1c Testing  MarketSegmentation

The MRFR report offers an inclusive segmental analysis of the global HbA1c testing market report based on end user, technology, and product.

By products, the HbA1c testing market is segmented into kits & instruments and reagents. The instruments segment is again segmented into handheld device and bench-top device. Of these, reagents will lead the market over the forecast period for its ease of availability.

By technology, the HbA1c testing market is segmented into TINIA, enzymatic assay, ion-exchange HPLC, and others. Of these, the ion-exchange HPLC will dominate the HbA1c testing market during the forecast period.

By end user, the HbA1c testing market is segmented into diagnostic laboratories, hospitals and clinics, and others. Of these, diagnostic laboratories will have a major share in the market over the forecast period.

HbA1c Testing  Market Regional Analysis

Based on the region, the HbA1c testing market report covers the recent trends & growth opportunities across Europe, the Asia Pacific (APAC), the Americas, Latin America, and the Middle East & Africa (MEA). Among these, the Americas will dominate the market over the forecast period for the joint ventures by private and public organizations in Canada & US, awareness campaigns, and research.

The global HbA1c testing market in Europe is predicted to hold second-largest share over the forecast period for various strategic activities encompassed by prominent players in the region, such as agreements and partnerships and increasing use of advanced diagnostic devices and tools.

The global HbA1c testing market in the Asia Pacific region is predicted to develop at the fastest pace during the forecast period. The rising per capita disposable income and developing healthcare infrastructure are adding market growth.

The global HbA1c testing market in Latin America and the MEA is likely to have steady growth during the forecast period due to limited access to healthcare. Meanwhile, the accessibility of new advanced treatment and increasing awareness about healthcare are likely to boost the market growth.

HbA1c Testing  Market Key Players

Eminent players profiled in the global HbA1c testing market report include Tosoh India Pvt. Ltd. (India), Rapid Diagnostics Group of Companies (India), Trinity Biotech PLC (Ireland), CPC Diagnostics Pvt. Ltd. (India), DiaSys Diagnostic Systems GmbH (Germany), PTS Diagnostics (US), Agappe Diagnostics Ltd (India), EKF Diagnostics (UK), Transasia Bio-Medicals (India), Siemens Healthineers (US), Danaher Corporation (US), F. Hoffmann-La Roche Lt (Switzerland), ARKRAY, Inc. (Japan), and Abbott Laboratories (US). Industry players have encompassed several strategies such as mergers, acquisitions, new product launch, new product development, geographic expansion, contracts, partnerships, joint ventures, and extensive R&D to create a niche in the market.

Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/hba1c-testing-market-8517

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About Market Research Future:

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

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